NEWSWORTHY

Insurance claims from California wildfires at $9 billion and rising

Business Dec 13, 2018

Insurance claims from California wildfires at $9 billion and rising

Insurance claims from last month's California wildfires already are at $9 billion and expected to increase, the state's insurance commissioner announced Wednesday. About $7 billion in claims are from the Camp Fire that destroyed the Northern California city of Paradise and killed at least 86 ...

World Oct 20, 2018

Hackers breach U.S. HealthCare.gov system, get data on 75,000 people

A U.S. government computer system that interacts with HealthCare.gov was hacked this month, compromising the sensitive personal data of some 75,000 people, officials said Friday. The Centers for Medicare and Medicaid Services made the announcement late in the afternoon ahead of the weekend, a time ...

Struggling GE ousts John Flannery as CEO

Business Oct 2, 2018

Struggling GE ousts John Flannery as CEO

General Electric has ousted its CEO, announced it took a $23 billion charge and said it would fall short of profit forecasts this year, further signs that the century-old industrial conglomerate is struggling to turn around its vastly shrunken business. H. Lawrence Culp Jr. will ...

Business / Corporate Sep 4, 2018

Japan's Dai-ichi Life to buy Suncorp Life for $460 million

Dai-ichi Life Holdings Inc. said Tuesday it would buy Suncorp Life, an Australian life insurance unit of Suncorp Group, for 640 million Australian dollars ($460 million), the latest overseas expansion for a Japanese insurer grappling with a shrinking domestic market. Dai-ichi Life said in a ...