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

50 Million Facebook Accounts Exposed to Takeover in Huge Breach

Facebook Inc. said on Friday that hackers stole digital login codes allowing them to take over nearly 50 million user accounts in its worst security breach ever given the unprecedented level of potential access, adding to what has been a …

2 Insurer Tax Credits Under Scrutiny by Arkansas Task Force

A tax overhaul task force is looking into whether Arkansas should change two tax credits authorized for insurance companies that cost the state about $77 million a year. Members of the Tax Reform and Relief Legislative Task Force on Sept. …

Death Toll from Indonesia’s 7.5 Magnitude Quake, Tsunami May Reach Thousands

The death toll from a 7.5 magnitude earthquake and tsunami that hit Indonesia’s island of Sulawesi climbed to more than 800, with casualties expected to reach into the thousands as authorities try to reach those trapped under collapsed buildings. Local …

Typhoon Trami Hammers Japan; Flights and Trains Canceled in Tokyo

Typhoon Trami is bringing Tokyo to a halt. East Japan Railway Co. suspended all train service in the Japanese capital on Sunday in preparation for the storm, which is hammering the southwest of the country. Flights were canceled at major …

Brexit Price Tag for UK Government Is £500 Million per Week: Study

Britain’s decision to leave the European Union has cost the government 500 million pounds ($650 million) a week, wiping out for the moment any future savings from stopping payments to the bloc, according to a study published on Sunday. The …

New Munich Re Cyber Reinsurance Product Designed for Small, Mid-Sized Businesses

Munich Reinsurance America, Inc. (Munich Re) has launched a cyber reinsurance product for regional property/casualty insurance carriers seeking to provide this coverage and associated services to their small and medium-size enterprise (SME) clients. According to Annamaria Landaverde, vice president and …

Flooding Forecast in Some South Carolina Communities Not as Dire as First Feared

The last community in the way of Hurricane Florence’s floodwaters as they slowly flow to the sea got some good news Wednesday – the predictions aren’t as dire as they once were. And it appears the Waccamaw River won’t top …

EEOC Sues Operator of a Texas McDonald’s Franchise for Sexual Harassment

A Texas company that does business as a McDonald’s franchise has been sued over the alleged sexual harassment of four females in the workplace. The U.S. Equal Employment Opportunity Commission (EEOC) has alleged in a lawsuit that Credle Enterprises LLC, …

Chicago Insurance Agent Pleads Guilty to Federal, State Tax Evasion

A Chicago insurance agent has pleaded guilty to failing to pay federal and state taxes on more than $4.7 million in income earned over a decade, according to federal prosecutors. The office of the United States Attorney for the Northern …

California Governor Signs Bill to Provide Workers’ Comp to Peace Officers Injured out of State

California Gov. Jerry Brown has signed a bill into law peace officers can file a claim for workers’ compensation if injured or killed while in the line of duty while out of state. Brown signed Assembly Bill 1749 into law. …