Insurance
Apple-Backed Study Finds Rise in Data Breaches as iPhone Maker Defends Encryption
In the first nine months of 2023, U.S. data breaches increased by 20% compared to the full year 2022, according to a new study that was commissioned by Apple. The iPhone maker paid for the study, which was conducted by …
Read More Bernie Madoff Is Long Gone. The Lawyers Are Going Strong
Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on Dec. 11, 2008 for running a massive Ponzi scheme — and two years after his death in …
Read More Mallory Agency Adds Offices in Auburn and Charleston
Mallory Agency, a property/casualty insurance broker based in Atlanta and La Grange, has opened offices in Auburn, Alabama, and Charleston, South Carolina. The move in Charleston was driven in part by market demand in the growing restaurant and hospitality business …
Read More Washington Cancer Center Patients Receiving Threatening Emails Following Massive Breach
Some patients of a Seattle, Washington-based cancer center received threatening emails following a data breach last month. Fred Hutchinson Cancer Center officials said a Nov. 19 hack hit a portion of the health care system`s clinical network, possibly leaking patient …
Read More AM Best Upgrades Financial Strength Rating of Louisiana Dealer Services Insurance
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Louisiana Dealer Services Insurance, Inc. (LDS) and its subsidiaries, Loss Deficiency Surety Insurance …
Read More Texas Department of Insurance to Hold Meet The Regulator Event
The Texas Department of Insurance will hold a Meet the Regulator event from 9:00 to 11:30 a.m. on Tuesday, January 16, 2024. Commissioner Cassie Brown starts the event with an agency update in Barbara Jordan Building conference room 2.035. No …
Read More Ohio Meat Processing Plant Faces $277,000 in Proposed Penalties for Safety Violations
A federal investigation into how a 35-year-old worker suffered severe leg burns, degloving of their foot and other injuries after falling into corrosive chemicals in May 2023 has found that an Ohio meat processing plant’s safety failures exposed employees to …
Read More Adults in Ohio Can Legally Possess and Grow Marijuana – But There’s Nowhere to Buy It
COLUMBUS, Ohio (AP) – Ohioans woke up Thursday in a land of recreational marijuana limbo, in which adults can legally grow and possess cannabis at home, but cannot legally buy it. That combination of factors related to a citizen-initiated statue …
Read More Microsoft Agrees to Union Contract Terms Governing Its Use of AI
Microsoft Corp. has agreed to union contract language governing its use of artificial intelligence, creating an avenue for workers to challenge how it deploys the evolving technology. As part of negotiations with the Communications Workers of America – the first …
Read More People Moves: Papanikolaou to Succeed Mueller as AGCS CEO and Will Lead Allianz Commercial; May Promoted to CEO of Lloyd’s Europe as Breitburd Steps Down
This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS) and Lloyd’s. A summary of these new hires follows here. Papanikolaou to Succeed Mueller as CEO of AGCS, also Leading Allianz Commercial Allianz Global …
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