Yearly Archives: <span>2023</span>

Apple-Backed Study Finds Rise in Data Breaches as iPhone Maker Defends Encryption

In the first nine months of 2023, U.S. data breaches increased by 20% compared to the full year 2022, according to a new study that was commissioned by Apple. The iPhone maker paid for the study, which was conducted by …

Bernie Madoff Is Long Gone. The Lawyers Are Going Strong

Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on Dec. 11, 2008 for running a massive Ponzi scheme — and two years after his death in …

Mallory Agency Adds Offices in Auburn and Charleston

Mallory Agency, a property/casualty insurance broker based in Atlanta and La Grange, has opened offices in Auburn, Alabama, and Charleston, South Carolina. The move in Charleston was driven in part by market demand in the growing restaurant and hospitality business …

Washington Cancer Center Patients Get Threatening Emails Following Data Breach

Some patients of a Seattle, Washington-based cancer center received threatening emails following a data breach last month. Fred Hutchinson Cancer Center officials said a Nov. 19 hack hit a portion of the health care system’s clinical network, possibly leaking patient …

AM Best Upgrades Financial Strength Rating of Louisiana Dealer Services Insurance

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Louisiana Dealer Services Insurance, Inc. (LDS) and its subsidiaries, Loss Deficiency Surety Insurance …

Texas Department of Insurance to Hold Meet The Regulator Event

The Texas Department of Insurance will hold a Meet the Regulator event from 9:00 to 11:30 a.m. on Tuesday, January 16, 2024. Commissioner Cassie Brown starts the event with an agency update in Barbara Jordan Building conference room 2.035. No …

Ohio Meat Processing Plant Faces $277,000 in Proposed Penalties for Safety Violations

A federal investigation into how a 35-year-old worker suffered severe leg burns, degloving of their foot and other injuries after falling into corrosive chemicals in May 2023 has found that an Ohio meat processing plant’s safety failures exposed employees to …

Adults in Ohio Can Legally Possess and Grow Marijuana – But There’s Nowhere to Buy It

COLUMBUS, Ohio (AP) – Ohioans woke up Thursday in a land of recreational marijuana limbo, in which adults can legally grow and possess cannabis at home, but cannot legally buy it. That combination of factors related to a citizen-initiated statue …

Microsoft Agrees to Union Contract Terms Governing Its Use of AI

Microsoft Corp. has agreed to union contract language governing its use of artificial intelligence, creating an avenue for workers to challenge how it deploys the evolving technology. As part of negotiations with the Communications Workers of America – the first …

People Moves: Papanikolaou to Succeed Mueller as AGCS CEO and Will Lead Allianz Commercial; May Promoted to CEO of Lloyd’s Europe as Breitburd Steps Down

This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS) and Lloyd’s Europe. A summary of these new hires follows here. Papanikolaou to Succeed Mueller as CEO of AGCS and Will Lead Allianz Commercial …