Insurance
Siemens and UCLA Say Data Compromised in MOVEit Data Breach
Siemens Energy and the University of California, Los Angeles (UCLA) said on Tuesday they were among victims of the MOVEit hack that has affected scores of corporations, governments and other institutions in recent weeks. The hackers behind the wide-ranging breach, …
Read More Man and Stepson Die After Hiking in Extreme Heat in West Texas National Park
BIG BEND NATIONAL PARK, Texas (AP) – A Florida man and his 14-year-old stepson died after hiking in extreme heat at Big Bend National Park in West Texas, according to officials. The 31-year-old man had been hiking the Marufo Vega …
Read More Tornado and Other Severe Weather Kill 3, Damage Homes, and Knock Out Power in Multiple States
SHOALS, Ind. (AP) – A tornado struck an Indiana home, killing a man and injuring his wife while two people died in Arkansas after a tree fell onto a house there as severe weather rumbled through several states. The tornado …
Read More Michigan’s Hagerty Raises $105M
Hagerty, Inc., an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, announced that the company is raising $105 million in capital from existing strategic investors including State Farm, Markel Group and the …
Read More American Financial Group Names Berding President
American Financial Group, Inc. said John B. Berding has been elected president of AFG, effective immediately. Berding will continue to serve as president of American Money Management Corporation (AMMC), AFG’s subsidiary providing investment management services to AFG, its insurance subsidiaries …
Read More Miami Port Access Reopens After Boat Crashed into Ferry, Killing One
A man was killed early this week and cruise line arrivals were disrupted after a 30-foot boat hit a ferry near Miami, authorities said. Another man was hospitalized in serious condition after the boat hit the Fisher Island Ferry about …
Read More Kentucky AG Accused of Seeking Donations from Company His Office is Investigating
Republican Attorney General Daniel Cameron directly solicited donations for his gubernatorial campaign from executives with a Kentucky drug treatment organization that his office began investigating last year, according to an attorney for the organization. The request for contributions occurred during …
Read More Catholic Church in Florida Struck as Insurance Costs Soar Toward the Heavens
It seems that few are safe from soaring property insurance rates in Florida, not even those with strong connections to a higher authority. The Crux, a Catholic news outlet, reported that the Catholic Church’s Pensacola-Tallahassee Diocese has been unable to …
Read More Ex-Audi Boss Becomes 1st VW Board Member Sentenced for Fraud in Diesel Scandal
Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a Munich court on Tuesday for fraud in the 2015 diesel scandal, becoming the first former Volkswagen board member to receive such a …
Read More How the Insurance Universe Deals With Evolving Risks and Dispositions
Insurers have come a long way on climate change, but they have a long way to get where we need to be to deal with a more hazardous planet. That was the assessment from Washington Insurance Commissioner Mike Kreidler, a …
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