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INSURANCE NEWS
Liechtenstein Rules Out Paying Hackers Ransom After Data Breach
Two weeks after an unprecedented hacking attack shook the tiny Alpine principality of Liechtenstein and its outsize financial center, officials say they still don’t know who the perpetrators were or what they want. Yet one thing is clear according to …
UK Steps Up Scrutiny of Defense Supply Chain After China Scare
The UK Ministry of Defense is stepping-up scrutiny of its supply chain after discovering some of its naval drones transmitted signals to China. The department revealed earlier this week that a routine cyber vulnerability assessment identified an issue affecting K3 …
FTC Probes Health Records Giant Epic Systems, Sources Say
Epic Systems, a healthcare database company that holds the medical records of hundreds of millions of Americans, is facing an antitrust investigation by the U.S. Federal Trade Commission, two sources familiar with the matter told Reuters. Epic runs the patient …
US Ready to ‘Take Any Actions Necessary’ to Fight EU ESG Rules
The US is doubling down on its efforts to quash European environmental and human rights rules it says unfairly impact American companies. The Trump administration “will take any actions necessary to address unreasonable burdens on US commerce” if the European …
A Challenged Man Took the Fall for a Crash But Amended Complaint Came Too Late
For an establishment to be sued on liquor liability grounds in Florida, plaintiffs must show that the bartender knew the over-served, drunken driver was an addict. The plaintiffs also cannot expect to prevail if an amended complaint—naming a different driver—is …
Six Persons Indicted for Roles in Multi-State Retail Theft Ring
Multiple individuals face federal and state indictments in connection with a multi-state organized retail-theft ring that impacted Prince George’s County and other areas in Maryland, Delaware, and Pennsylvania. The U.S. Attorney’s Office for the District of Maryland and the Prince …
Jury Finds No Gun Defect, Sides With Sig Sauer in Unintended Discharge Case
A federal jury in Maine has handed New Hampshire-based gun manufacturer Sig Sauer a victory over claims its P320 handgun is defective. The case involved a complaint by David Alan Cole, a detective with the Somerset County Sheriffs Department, who …
Tyson to Close More Beef Plants as Cattle Shortage Drags On
Tyson Foods Inc. is closing more beef plants as a prolonged cattle shortage continues to force the US beefpacking industry’s restructuring. The country’s largest meatpacker said it would cease operations at an Illinois beef plant and a Utah case-ready facility, …
Kansas Town Settles Lawsuit with Former Reporter Over Controversial Police Raid
A small Kansas town has agreed to pay $850,000 to a former reporter at its weekly newspaper to end her federal lawsuit over a police raid of the paper’s offices in 2023 that ignited a national furor over press freedom. …
Trump ‘Energy Emergency’ Could Fast-Track Expansion of Louisiana LNG Export Terminal
Less than two years after opening, a liquefied natural gas terminal near New Orleans is seeking a multi-billion-dollar expansion under a new Trump administration “emergency” permitting process that shortens environmental review and may weaken protections for surrounding wetlands and waterways. …
Hawaii Faces Rare Hurricane Strike as Storms Batter Indiana
Hawaii is in line for a rare hurricane strike as Tropical Storm Lala grazes the Big Island, while severe storms threaten more flooding and outages across Indiana. Tropical Storm Lala may grow into a hurricane as it grazes the Big …
Seven People Charged in $100M Workers’ Compensation Fraud Operation in Florida
After a years-long investigation involving state and local law enforcement teams, Florida authorities have charged seven people in a $100 million workers’ compensation payroll scheme that paid workers in cash and defrauded insurers of premiums. “This criminal enterprise systematically exploited …
