Insurance

Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance across the business. Net income increased to $1.3 billion from $1.1 billion a year earlier, well ahead of the $952 …

U.S. energy officials are reassessing the risk posed by Chinese-made devices that play a critical role in renewable energy infrastructure after unexplained communication equipment was found inside some of them, two people familiar with the matter said. Power inverters, which …

British retailer Marks & Spencer said on Thursday food volumes flowing from its distribution centers to its stores were back to normal levels after product availability was hit by last month’s cyberattack. “In chilled areas of our stores, customers can …

Morton Salt, Inc. will pay $75,000 and provide other relief to settle a race, disability and retaliation discrimination case filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s lawsuit, the affected employee …

Christian Dior Couture has been hit by a cyberattack, with hackers obtaining some of its customers’ data. LVMH’s second biggest fashion label said it recently discovered that an “unauthorized external party” accessed some of its customers’ data but no financial …

Texas is trying to entice more companies to ditch Delaware and incorporate in the state, just like Tesla Inc. and Space Exploration Technologies Corp. did last year at the behest of Elon Musk. Governor Greg Abbott is poised to sign …

At last week’s RIMS RISKWORLD conference in Chicago, experts from risk and claims administration partner Sedgwick outlined a few key workers’ comp trends.

Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a “shadow fleet” defying Western sanctions on …

A former food delivery driver pleaded guilty to conspiring with others to steal more than $2.5 million from DoorDash by getting the company to pay for deliveries that never occurred, federal prosecutors said. Sayee Chaitanya Reddy Devagiri pleaded guilty Tuesday …

Delos Insurance Solutions Appoints Coffman CRO Delos Insurance Solutions appointed Jeremy Coffman to the newly created role of chief revenue officer. As CRO, Coffman focuses on expanding Delos’ agency, carrier, and business to business relationships, simplifying the producer engagement process, …