Revolutionizing Cyber Insurance
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CBS News - Top stories
How SailGP is revolutionizing water sports competition
SailGP, known as "Formula One on the water," is bringing adrenaline and innovation to the sport with $5 million boats and global races. This weekend, the season finale in San Francisco will see teams vying for a $2 million prize. "CBS Mornings" ... -
BBC News - Top stories
Fix NHS gaps or face more attacks - ex cyber chief
Experts warn outdated NHS IT systems remain vulnerable after the cyber attack on hospitals. -
Financial Times - Business
World’s largest oil company bets on the enduring power of petrol
Saudi Aramco says combustion engines will be around for ‘very, very long time’ after Horse Powertrain investment -
The Wall Street Journal - World
NATO Funds Startups Aiming to Solve Cyber Problems in Infrastructure
Companies working on energy cybersecurity, quantum cryptography and secure messaging received money and coaching. -
The Wall Street Journal - World
Companies Sharply Criticize Draft U.S. Cyber Reporting Rules
Companies urged the U.S. government to rethink its rules for reporting cyberattacks, saying that a draft proposal from a federal agency is confusing, overly broad and often duplicates existing rules. -
Financial Times - Business
Insurers braced for losses as Hurricane Beryl breaks records
Industry executives warn storm’s size and early arrival raises risks for rest of season -
The Wall Street Journal - World
Hurricane Beryl Shouldn't Pose Threat to Specialty Insurers' Full-Year Targets
Potential Hurricane Beryl losses shouldn’t threaten European specialty insurers’ and reinsurers’ full-year targets, though it is still too soon to tell, RBC Capital Markets said. -
The New York Times - Top stories
How the Home Insurance Market Became So Distorted
Climate change and widely varied state regulations could mean you’re paying too much or far too little to insure your home. -
The Wall Street Journal - World
The Cost of Title Insurance on Homes Is Out of Sync With the Risk
The Biden administration is seeking to waive the requirement on certain mortgage refinancings. -
The New York Times - Health
Doctors Use A.I. Chatbots to Help Fight Insurance Denials
As health plans increasingly rely on technology to deny treatment, physicians are fighting back with chatbots that synthesize research and make the case. -
The Wall Street Journal - World
Home Insurance Premiums Are Surging---and States Are Allowing It
Industry denies “bullying” tactics after getting approval for premium increases averaging 20% since last year. -
CBS News - Top stories
Insurance wouldn't pay for his vasectomy — coverage could be elusive
An ongoing lawsuit aims to set aside the Affordable Care Act's requirements that insurers cover preventive care, such as contraception. -
The Wall Street Journal - Business
Insurers Pocketed $50 Billion From Medicare for Diseases No Doctor Treated
Questionable diagnoses of HIV and other maladies triggered extra Medicare Advantage payments. “It’s anatomically impossible,” said one doctor about some cataract diagnoses. -
Financial Times - Business
Brookfield creating UK insurer to join corporate pensions deal bonanza
Private capital firms have been hunting ways into market as companies look to offload schemesUnited Kingdom -
Financial Times - Business
Brookfield ups the ante in UK pensions with insurance start-up
Canadian group could yet ‘build then buy’ to grab returns on offer in a market awash with possible dealsUnited Kingdom -
The Wall Street Journal - World
CFPB Orders Fifth Third Fined for Illegal Auto Insurance, Sales Practices
Fifth Third Bank was ordered to pay $20 million in fines by the Consumer Financial Protection Bureau for forcing auto insurance onto customers who were already covered and opening fake accounts in customers’ names. -
The Wall Street Journal - World
James's Take: Insurers' Liquidity Drive Could Be the Ticket for Secondary Buyers
Investors in the market for secondhand private equity assets are mining insurance companies for deals, including two announced this week. -
CNBC - Business
Amazon's Asian rival Shein wants to be supply chain giant, but some fear Chinese cyber spying inside global trade links
Shein's plans to sell supply-chain tech and services around the world have U.S. cybersecurity experts warning of the potential for Chinese spying. -
NBC News - Top stories
Shein's global ambitions leaves some cybersecurity experts fearful of Chinese spy threats
The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to companies around the world has attracted attention from another corner: U.S. cybersecurity ... -
MarketWatch - Business
Should you get travel insurance? Why it might be a smart buy after Hurricane Beryl — with one caveat
As Hurricane Beryl churns through the Caribbean, its strength so early in the hurricane season — and the summer travel season — is a reminder of the value of travel insurance, experts say. -
The Wall Street Journal - World
Private insurers involved in the government's Medicare Advantage program made hundreds of thousands of questionable diagnoses that triggered extra taxpayer-funded payments, including wrong ones, from 2018 to 2021, a Wall Street Journal analysis found.
Private insurers involved in the government’s Medicare Advantage program made hundreds of thousands of questionable diagnoses that triggered extra taxpayer-funded payments, including wrong ones, from 2018 to 2021, a Wall Street Journal analysis ...