Monthly Archives: <span>September 2021</span>

Russia-Linked Ransomware Group Hits Iowa Grain Cooperative, Violating Biden Warning

After a furious run of ransomware attacks in the first half of the year, President Joe Biden in July warned his Russian counterpart, Vladimir Putin, that Russia-based hacking groups should steer clear of 16 critical sectors of the U.S. economy. …

Insurtech bolttech Extends Funding Round to $210M, Adding 2 New Investors

Insurtech startup bolttech announced the extension of its recently announced US$180 million Series A funding round led by Activant Capital Group, bringing the series total to US$210 million. The funding round adds two new strategic investors: Singapore-based global investor EDBI …

Stanford Ponzi Scheme Recovery Tops $1 Billion With Help From Insurers

A court-appointed receiver has recouped more than $1 billion for victims of Texas financier Allen Stanford’s Ponzi scheme, the largest by dollar amount other than Bernard Madoff’s fraud, the receiver’s lawyers said on Monday. The threshold was crossed when Ralph …

Southern Baptist Sex Abuse Task Force Advances in Investigation

The Rev. Marshall Blalock feels the weight of his new responsibility. The South Carolina pastor serves as vice chair of a recently formed Southern Baptist Convention task force charged with overseeing an investigation into how a top denominational committee handled …

Alabama Heavy Rain, Flash Flooding Causes One Fatality

Authorities on Sunday found the body of a man whose vehicle was overtaken by water during flash flooding in Tuscaloosa the day before. A spokeswoman for the Tuscaloosa police, Stephanie Taylor, told Al.com that the man’s body was found shortly …

Business Owners Have a New Workers Compensation Resource

Wells Media Publishes Workers Compensation in Two Hours: The Business Owner’s Guide to an Exceptional Workers Compensation Program Phoenix, AZ, September 21, 2021 – Workers compensation program management can be a struggle for small-to-medium sized business owners. From finding the …

California Issues 1-Year Moratorium on Homeowner Insurance Cancellations And Non-Renewals

California Insurance Commissioner Ricardo Lara on Monday ordered insurance companies to preserve residential insurance coverage for more than 325,000 policyholders who have been affected by Northern California wildfires across 22 counties. Lara in early September issued similar orders following emergency …

California Contractors Charged in $5M Workers’ Comp Fraud Scheme

The Alameda County District Attorney’s Office along with the California Department of Insurance on Monday announced charges against multiple suspects in an organized insurance and workers’ compensation fraud scheme that reportedly defrauded insurance carriers over $5 million in estimated losses. …

Minnesota Orders Enbridge to Pay $3M for Groundwater Leak

Minnesota regulators have ordered Enbridge to pay more than $3 million for allegedly violating state environmental law by piercing a groundwater aquifer during construction of the Line 3 oil pipeline replacement. The state Department of Natural Resources said Enbridge, while …

‘Build Back Better’ Plan Aims to Expand, Better Direct Health Care Investment

Dental work for seniors on Medicare. An end to sky’s-the-limit pricing on prescription drugs. New options for long-term care at home. Coverage for low-income people locked out of Medicaid by ideological battles. Those are just some of the changes to …