Monthly Archives: <span>April 2018</span>

Nevada Trial Begins in Case Focused on David Copperfield Show

The tricks behind a disappearing act that magician David Copperfield performed for years in Las Vegas were revealed in court last week, the start of trial in a civil case brought by a British tourist who claims he slipped, fell …

Family of Man Shot by Police Files Suit Against Washington City

The family of a Native American man fatally shot by police who mistook a cellphone for a gun has filed a federal lawsuit against the city of Lakewood, Wash. and police involved in the 2015 shooting. The Seattle Times reported …

Indonesia MPs Grill Facebook Executives on Potential Data Misuse

A Facebook official apologized to Indonesian members of parliament on Tuesday during a five-hour grilling at a public hearing on issues ranging from the misuse of personal data to the oversight of content by the social media giant. Facebook has …

Mississippi Governor Signs Bill to Shift Wind Pool Fees to the Treasury

Mississippi may be thought of as conservative small-government state, but the state’s consumers pay higher taxes on their insurance products than in all but two other states. Unfortunately, under a bill just signed by Gov. Phil Bryant, the Legislature will …

U.K. Insurance Exec Denies Misuse of His Firms’ Data to Influence Brexit Vote

A prominent campaigner to leave the European Union, Arron Banks, denied allegations on Tuesday by a former employee of political consultancy Cambridge Analytica that he had misused personal data for political purposes. Brittany Kaiser testified to a committee of British …

After Amazon Conquers Banking, Insurance Could be Next

Tech companies pose a clear challenge to banks and none more so than Amazon, which is reported to be in talks with JPMorgan Chase and other big retail banks to create a checking-account-like offering aimed at younger adults and those …

U.K. Businesses Against Uncertainty of Second Brexit Referendum

The plot to reverse Brexit is missing a key ally: U.K. business. Companies have been among the most outspoken critics of the split from the European Union, and many have much to lose from the divorce. But as a group …

Plymouth Rock Assurance Entering N.Y. Insurance Market With Latest Acquisition

Plymouth Rock Assurance Corporation (PRAC) is entering the New York insurance market with its acquisition of 21st Century National Insurance Company (National). PRAC previously brought its insurance portfolio to Pennsylvania in August of last year. This comes after the New …

Terrorist Attack Victims Seek to Restart Lawsuit Against Facebook After Zuckerberg Testimony

A lawyer for victims of terrorist attacks in Israel on Monday urged a federal appeals court to revive their lawsuit against Facebook Inc., saying Mark Zuckerberg’s congressional testimony undermined the social media company’s argument that it bore no responsibility for …

Technology Is Outpacing Risk Management: Marsh-RIMS Report

Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published today by global insurance broker Marsh and the risk …