Insurtech

First investment from $50 billion strategic partnership to deliver integrated digital and power infrastructure at scale. SUMMIT, N.J.& NEW YORK—- Energy Capital Partners, one of the largest private owners of power generation and renewables in the U.S., and KKR, a leading global investment firm, today jointly announced the development of a new 190 MW hyperscale…

A majority of Allianz Life's 1.4 million US customers had their personal data stolen in cyber-attack. Here's what you need to know.

Regulators in that state, as well as California, Minnesota, Nebraska, New York and Texas, brought the administrative action, with each state to receive $700,000 under terms of the order.–“ Wise takes its responsibility to provide a safe and secure service to our customers very seriously,” a company spokesperson said Wednesday in an email.“ We continue to invest…

—Aflac said Friday that it experienced a cybersecurity incident last week that may have impacted files containing social security numbers, health information and other personal information. The insurance company first detected suspicious activity on its network last Thursday and "promptly initiated our cyber incident response protocols and stopped…

Nvidia, through its venture capital arm NVentures, has joined Bill Gates and HD Hyundai in raising $650 million to back TerraPower, Gates’ nuclear power startup founded in 2006 that’s been working on small modular reactor (SMR) technology to standardize, miniaturize, and scale nuclear power. The startup is developing a 345-megawatt Natrium plant in Wyoming that…

The suit seeks monetary damages, lifetime identity protection for victims and a court order requiring Erie to strengthen its data security practices.

UCM Medical Group said in a news release that one of its vendors— debt collection agency Nationwide Recovery Service— notified the group that in July an unauthorized person accessed the company’ s systems. The exposed information may have included first and last names, addresses, dates of birth, Social Security numbers, financial account information and/or…

In that time, the company has experienced the murder of a top executive, been embroiled in federal investigations for allegedly defrauding the U.S. government and suffered the fallout from a cyberattack that cost it billions. On November 11, 2024, UnitedHealth reached its all-time high on the stock market: $625 per share, giving it a market capitalization of…