Industry executives speaking during a recent NetDiligence Cyber Risk Summit in Philadelphia said cyber losses are increasingly driven by operational disruptions, sophisticated fraud schemes, rather than traditional ransomware and data breaches alone. Not to mention, of course, the rapid adoption …
Instacart parent Maplebear will pay $5 million to settle a federal investigation into claims that the grocery delivery company discriminated against American workers through its recruiting and hiring practices, two U.S. agencies said on Tuesday. The U.S. Department of Justice …
New York state investigators arrested 16 people accused of staging car crashes and faking injuries to collect nearly $500,000 from insurers, one of the first major enforcement actions since Governor Kathy Hochul made auto insurance fraud a focus of her …
The damage wrought cross France by the recent street riots will demonstrate the extent of current insurance coverage, just months before a new state-backed system kicks in, according to DBRS Morningstar analysts. “The latest French unrest reinforces a broader trend …
While the Bank of England is busy stress testing the U.K.’s private markets, another threat is looming in the minds of regulators. Turmoil caused by artificial intelligence is among the options being discussed for the BOE’s next system-wide exploratory scenario, …
