← Back to all news
GeneralNews Archives - Insurance Journal

PayPal to Waive $30M in Fees to Settle DOJ Probe of Minority Business Program

May 13th, 2026 • 5 minView Source

The U.S. Department of Justice said on Tuesday it had reached a settlement with PayPal to resolve an investigation into a 2020 investment program that the department described as giving “unlawful” preferences to Black and minority-owned businesses. Under the settlement, …

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.