Shares in Okta Inc fell 9% on Wednesday after the U.S. digital authentication firm said hundreds of its customers may have been affected by a security breach involving hacking group Lapsus$. The breach sparked concern as the cyber extortion gang …
Firefighting crews were making progress containing a massive Texas wildfire that was blamed for last week’s death of a deputy, officials said. The Eastland Complex has burned about 85 square miles (220 square kilometers) since a series of fires broke …
Arthur J. Gallagher & Co. announced the acquisition of Springfield, Missouri-based Commercial Insurance Underwriters, Inc. (CIU). Terms of the transaction were not disclosed. Founded in 1984, CIU is a surplus lines agency offering commercial, personal and professional lines coverages for …
Root, Inc. has Rob Bateman as its new chief financial officer, effective April 11. Bateman joins Columbus, Ohio-based Root as CFO with over two decades of broad strategic, financial and operational experience across the insurance industry, most recently as president …
U.S. drillers and refiners will likely need to report estimated greenhouse gas emissions from the cars, trucks, planes and ships that use their fuel if a rule proposed by U.S. regulators on Monday passes later this year, according to industry …
This edition of International People Moves details appointments at TigerRisk Partners, HDI Global, and BMS. A summary of these new hires follows here. TigerRisk Hires Aon’s Tuttle as Partner, Senior Reinsurance Broker TigerRisk Partners, the Stamford, Conn. insurance and reinsurance …
One person was killed and more than a dozen were injured when tornadoes tore through parts of Texas and Oklahoma, damaging a school, homes and businesses, officials said. The same storm system was poised to move into Louisiana and Mississippi …
Two weeks after St. Johns Insurance Co. was declared insolvent, Florida regulators have taken steps to begin liquidating Tampa-based Avatar Property & Casualty Insurance Co., making it the second carrier this year to falter and the sixth in the last …
A federal administrative law judge in Washington, D.C., has ordered a Hannibal, Missouri cement company to pay a worker the company penalized for assisting federal safety investigators during a site visit. On March 1, Administrative Law Judge William B. Moran …
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has declared Koboat Trucking LLC, USDOT No. 3273682, a Houston-based motor carrier, to be an “imminent hazard” to public safety and ordered the motor carrier to immediately cease all …