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S&P Global Market Intelligence weighed in on the U.S. cyber insurance marketplace, reporting that premium dipped in 2023 to end several years of rapid growth. The overall 0.7% decline in cyber insurance direct written premiums was driven by a 3.2% … Source: Claims Journal

Temperatures will soar across Texas this week, increasing demand for energy as people switch on air conditioning to cool down. The heat will also spread across the Midwest and Northeast, with the potential for record warm overnight low temperatures from … Source: Claims Journal

Intercontinental Exchange, Inc., which owns the New York Stock Exchange, agreed to pay $10 million to settle Securities and Exchange Commission allegations that the exchange giant failed to immediately tell the SEC about a hack of its systems in 2021. … Source: Claims Journal

The number of U.S. consumers who shopped for auto insurance in rose in the first quarter, largely driven by consumers in the West and Midwest. The findings show a continuation of strong growth in shopping at the end of last … Source: Claims Journal

A former chief corporate officer for NEXT Insurance is accusing the company and its chief executive officer of gender and disability discrimination in the workplace and of firing her in retaliation for her request for medical leave for cancer surgery. … Source: Claims Journal

Apparel manufacturer Fanatics has filed a lawsuit against Arizona Cardinals rookie receiver Marvin Harrison Jr., alleging breach of contract. The lawsuit filed in New York Supreme Court on Saturday claims Harrison did not fulfill his obligations and estimated the damage … Source: Claims Journal

German chemical company BASF said on Tuesday it reached a $316.5 million settlement with some U.S. public water systems that claimed toxic “forever chemicals” in firefighting foam made by the company contaminated their water supplies. The money provided by the … Source: Claims Journal

U.S. auto safety investigators said on Monday they have launched an investigation into the April crash of a VinFast 0TL.F, VFS.O VF 8 electric vehicle in Pleasanton, California, in which a family of four died. The National Highway Traffic Safety … Source: Claims Journal

There is a moderate risk — the second highest — of severe thunderstorms across parts of Iowa, Illinois, Wisconsin and Missouri affecting more than 3.8 million people, the US Storm Prediction Center said. “All severe hazards will be possible including … Source: Claims Journal

Canada’s government is banning key-programming machines and other equipment used to steal cars, while implementing harsher penalties to combat a rising number of auto thefts across the country. Minister of Justice Arif Virani unveiled a national plan to combat car … Source: Claims Journal