South Korean e-commerce company Coupang has been sued in a U.S. court in an investor class action alleging violations of securities laws after a cybersecurity breach exposed personal information of more than 33 million customers. The lawsuit, filed last week …
South Korea Online Retailer Coupang Faces US Securities Class Action Over Data Breach Read More »
The bosses of some of Britain’s biggest companies predict a fresh wave of challenges next year, as they absorb the impact Chancellor of the Exchequer Rachel Reeves’ tax-raising budget in November. Chief executive officers in sectors including finance, housing, gambling …
Britain’s Top CEOs Predict the Biggest Challenges of 2026 Read More »
A suspected cyberattack disrupted services provided by French postal service La Poste on Monday, delaying package deliveries and online payment systems during the holiday season. The company said in a statement that a “major network incident” had disrupted its information …
Cyberattack Hits French Postal Service, Delaying Mail Deliveries Read More »
Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said. The consumer protection agency said the company that operates Instacart, Maplebear Inc., …
Instacart to Pay $60 Million in FTC Consumer Protection Case Read More »
Keep an eye on that sleigh, Santa—holiday cargo theft events increased 82% between 2020 and 2024. “The holiday period creates conditions criminals exploit—reduced oversight, facility closures, and high-value freight moving on compressed schedules,” said Keith Lewis, vice president of operations …
Check it Twice: Holiday Cargo Theft Events Up 82% Since 2020 Read More »
Specialty managing general underwriter Risksmith Insurance Services announced the launch of its new difference in conditions (DIC) earthquake insurance program. Built for large, complex and true excess & surplus property exposures, the program offers flexibility, deep technical expertise and underwriting …
Markets/Coverages: Risksmith Launches New DIC Earthquake Program Read More »
A former chief executive officer of a statistical agent that compiles data from insurance companies for state insurance departments has been sentenced on charges related to her theft of millions of dollars from the organization. According to court records out …
Former CEO of Nonprofit P/C Statistical Agent Sentenced for Stealing Millions Read More »
CRC Specialty, an independent wholesale specialty insurance distributor, named two new brokers in its Southeast operations. Ron Bussey will be a senior broker based in Nashville, focused on casualty insurance placements for large and middle-market clients, the company said in …
People Moves: CRC Adds New Brokers in Nashville, Birmingham Read More »
XPT Specialty Hires Corrado as Personal Lines Insurance Broker XPT Specialty, headquartered in New Haven, Connecticut, hired Joseph Corrado as a personal lines insurance broker. Corrado has experience in portfolio oversight, agency partnerships and the Northeastern U.S. insurance landscape. Corrado …
People Moves: XPT Specialty Hires Corrado; NFP Appoints Favale; Jencap Adds Edge Read More »
It’s going to be a wet Christmas in California, where a series of storms is about to dump as much as 10 inches (25 centimeters) of rain this week. An atmospheric river is already drenching San Francisco and the Bay …
California Braces for String of Storms Bringing Rain and Snow Read More »
