Monthly Archives: <span>March 2024</span>

Texas, Oklahoma Areas Face New Extreme Fire Risks: Weather Watch

Red flag fire warnings are up across the Texas Panhandle, as well as parts of New Mexico, Oklahoma and Kansas, the National Weather Service said. While critical fire conditions exist in a wide swath of that area, the region around …

Markets/Coverages: QBE Creates UK Healthcare Practice With New Liability Product

QBE has created a Healthcare practice group and has launched a Healthcare Advantage Liability product. The Healthcare practice group will be supported by all regional offices in the UK and aims to provide a more focused approach to customers in …

Russian Hackers Are Weaponizing Stolen Microsoft Passwords

A Russian state-sponsored hacking group that stole sensitive data from Microsoft Corp. executives is trying to leverage that information to compromise the company’s source code and other internal systems, according to the technology giant. The revelation makes clear that a …

Florida Jury Awards $32M Against Cleveland Clinic. Did ‘Changing Stories’ Play Role?

A Broward County jury has decided that the Cleveland Clinic Florida should pay almost $32 million to the estate of a man who was not put in intensive care after suffering septic shock and who later died. The jury found …

PE Firm Nordic Capital Weighs Sale of Regulatory Tech Firm Regnology: Sources

Nordic Capital is weighing a sale of German regulatory software firm Regnology, in a deal which could value the business at up to 3 billion euros ($3.27 billion), four people familiar with the matter told Reuters. The private equity firm …

Oil Sheen off California Possibly Caused by Natural Seepage From Ocean Floor

An oil sheen spotted off the Southern California coast last week was possibly caused by a natural seep from the ocean floor, but the exact source still isn’t known, U.S. Coast Guard officials said. Authorities detected the 2.5-mile-long oil sheen …

Kentucky House Passes Bill to Reduce Medically Trained Workers in Smaller Mines

FRANKFORT, Ky. (AP) — The Kentucky House voted Monday to allow the state’s smallest coal mining operations to reduce the number of miners with emergency medical training assigned for each underground shift. In a state once known as a coal …

Virginia Governor Faces Decision on Bad Faith Bill Opposed by Auto Insurers

Property/casualty insurers are urging Virginia Gov. Glenn Youngkin to veto a “bad faith” insurance claims measure that they contend will “open the floodgates of litigation against insurance companies” and raise motor vehicle insurance premiums for consumers and businesses in the …

Florida’s Heritage Insurance Reports Improved Bottom Line for Q4 and Year 2023

TAMPA, Fla. (AP) — Heritage Insurance Holdings Inc. (HRTG) on Monday reported earnings of $30.9 million in its fourth quarter, more than double what it saw in Q4 2022. The Tampa, Florida-based company said it had profit of $1.15 per …

Cancer Clinics Face Cash Crunch After Hack Rocks US Health Care

Doctors across the US are stretching to keep their practices afloat as a debilitating cyberattack on a once little-known company at the center of the health-care system continues to cause havoc. The Feb. 21 attack against Change Healthcare, a subsidiary …