Story Summary
Root Inc. reported a first quarter 2026 net income of $35.9 million—the best quarterly result in the company's history—compared with net income of $18.4
A new Travelers report analyzing over 1.2 million claims from 2021 to 2025 reveals that while total workplace injury rates have declined, recovery times remain high due to an aging workforce and vulnerable new employees. Injuries among workers aged 60 and older are more severe, averaging 97 days of recovery compared to 80 days overall, with slips, trips, and falls being primary drivers. Conversely, first-year employees account for over one-third of all injuries across various sectors. The study highlights specific industry risks and recommends targeted safety measures to address these evolving challenges.
A May 2026 report from cyber insurer Cowbell indicates ransomware attacks rose 45% last year while average ransom payments dropped 44% between 2022 and 2025. Director Stephanie Hewerdine attributes the decline to improved insured preparedness, including incident response plans and backups that reduce reliance on decryption keys. The report notes a shift toward data-only extortion and double-extortion tactics by smaller threat groups, emphasizing the need for robust cybersecurity measures across high-risk industries like healthcare and manufacturing.
California Attorney General Rob Bonta's office settled with Aspen Dental Management Inc. for $2 million regarding false advertising and violations of the state's ban on the corporate practice of dentistry. The company admitted to misrepresenting its role, controlling dental practices, and incentivizing product sales. The agreement includes injunctive terms requiring Aspen Dental to stop owning properties, identifying owners in ads, and restructuring fee schedules.
The U.S. Department of Education launched an investigation into Smith College regarding its admission of transgender women, citing potential Title IX violations. The probe follows a June 2025 complaint by Defending Education against the Massachusetts institution, which has accepted such applicants since 2015. Critics argue the policy discriminates based on gender identity rather than biological sex, while advocates support inclusive admissions practices.