U.S.
Zoom Misled Users About Security, FTC Says; Settlement Announced
Federal regulators are requiring Zoom to strengthen its security in a proposed settlement of allegations that the video conferencing service misled users about its level of security for meetings. The ...
American Politics Has Become Increasingly Moralistic: Study
American politics has grown increasingly polarized for decades, but recently it's reached a tipping point, say researchers from Northwestern University. Rather than simply disagreeing about policies, ...
U.S. Election Outcome: Divided Government Seen Reigniting M&A
Joe Biden's projected win of the U.S. presidency and the Republican Party potentially retaining control of the U.S. Senate could drive a pickup in mergers and acquisitions (M&A) that took a hit ...
COVID Challenges of Workforce Mgmt., Risk Aggregation Continue for P/C
Given that business-as-usual is unlikely to return soon due to the coronavirus pandemic, U.S. property/casualty insurers will continue to face challenges related to virus-related insurance losses and ...
Companies Hope to Take California Gig Worker Classification Law Nationwide
Gig economy companies want to turn California voters' decision to make ride-service drivers contractors into a model for the nation, as several states consider requiring drivers from Uber, Lyft and ...
InsurTech CoverHound Acquired by Broker Brown & Brown
Another InsurTech has been acquired. This time, insurance broker Brown & Brown, Inc. bought CoverHound, a digital property/casualty insurance marketplace, and CyberPolicy, CoverHound's small ...
Buffett’s Berkshire Hathaway Reports Sizable Insurance Profit Drop, Driven by COVID-19 and Hurricanes
Warren Buffett's Berkshire Hathaway Inc reported lower quarterly operating results on Saturday and said the coronavirus pandemic may cause further damage, even as gains in stocks such as Apple Inc ...
AIG President Zaffino Makes Case for Life & Retirement Separation
AIG will separate its Life & Retirement division into a standalone company either through an initial public offering or private sale of the unit in stages over time. Which ever option executives ...