Monthly Archives: <span>June 2020</span>

Shipbuilder Fincantieri’s Norwegian Unit Hit with Ransomware Attack

A group of hackers executed a successful attack this week on shipbuilder Fincantieri SpA’s Norwegian unit, an Italy-based representative for the company said, confirming local reports. Servers at the Norwegian unit, Vard Group AS, were infected with a ransomware, and …

Trinity Benefit Advisors of Tennessee Joins BKS-Partners Operating Group

Knoxville-based Trinity Benefit Advisors (TBA) has entered a partnership with BRP Group, Inc. to become part of its BKS-Partners operating group. TBA is a provider of employee benefits to employers across the southeastern U.S., with a significant book of large …

Trawick International of Alabama Appoints Foster VP for Trip Insurance

Travel insurance provider Trawick International has added Bailey Foster to the Trawick International team. Foster has assumed the role of vice president for Trip Insurance. Foster has more than two decades of insurance industry experience. As a former sales executive …

Fire Causes Explosion on Florida Ship, 9 Firefighters Sent to Hospital

Nine firefighters responding to a fire aboard a ship in Florida have been hospitalized after the ship exploded, injuring eight and sending one to a hospital for heat exhaustion, authorities said. The explosion occurred nearly three hours after firefighters first …

About-Face: IBM to Exit and Oppose Facial Recognition Technology

International Business Machines Corp. will no longer offer general purpose facial recognition or analysis software, new Chief Executive Officer Arvind Krishna said in a letter to the members of the United States Congress on Monday. The company will stop offering …

Facing Workers Compensation Challenges During the Pandemic: NCCI

The COVID-19 pandemic has upended lives, families, business routines, and the economy. Today, despite an uptick in May, 21 million people are unemployed in the United States, and the workforce has dropped to 137 million. Labor force participation has dipped …

Commercial Lines Prices Rose 6% in Q1- Except Workers’ Compensation

U.S. commercial insurance prices climbed more than 6 percent in aggregate during the 2020 first quarter compared to the year, Willis Towers Watson’s pricing survey for the sector. Price increases surpassed 6 percent in aggregate for the second quarter in …

Tropical Storm Cristobal Brings Rain, Flooding to South

Rain pounded the U.S. Gulf Coast on Sunday ahead of the arrival of Tropical Storm Cristobal, which had already spawned a tornado in Florida. Roads flooded in coastal Louisiana and Mississippi, and thousands were without power even before the the …

Rite-Aid, Walgreens Sued by West Virginia Over Opioid Rx Flood

Rite-Aid and Walgreens failed to monitor and report suspicious orders of prescription painkillers in West Virginia while inundating their retail pharmacies with tens of millions of pills, according to a state lawsuit. The lawsuit filed by Attorney General Patrick Morrisey …

Union Pacific to Pay $260K to Settle Disability Discrimination Lawsuit

Union Pacific Railroad Co. will pay $260,000 and furnish other relief to settle a disability discrimination lawsuit in a case involving a former employee at Ogilvie Transportation Center in Chicago. In the lawsuit, the Equal Employment Opportunity Commission (EEOC) alleged …