September 21, 2020
The New York State Department of Financial Services (DFS) filed cybersecurity charges against a title insurance provider for exposing millions of documents containing consumers’ personal information. The charges are the first to be filed under DFS’ cybersecurity regulation, Part 500 …
September 21, 2020
Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing them as more cases against insurance companies begin to fail and claimants start looking around for other sources of reimbursement …
September 21, 2020
Does an employer have to say if a coworker has the virus? Employers are generally not required to tell workers when someone in the workplace has tested positive for the coronavirus. The U.S. Centers for Disease Control and Prevention recommends …
September 21, 2020
The University of New Mexico retaliated against the director of Africana Studies for demanding that his program be elevated to a department and later removed him when the program got state funding for the change, according to a whistleblower lawsuit. …
September 21, 2020
Even before the coronavirus crisis hit, the reinsurance industry was in a period of significant rate hardening, which will likely continue over the next two years, or even longer, according to Munich Re. Such price increases became necessary after 10-plus …
September 21, 2020
University of Nevada, Reno alumni and donors may have had their information stolen in a data breach that occurred in May, university officials said. The school was told of the breach on July 16 by Blackbaud, a third-party fundraising technology …
September 7, 2020
The demise of the independent agent has been predicted ad nauseam, however arguably the most hotly debated version came from a 2013 McKinsey report with a section entitled “The End of an Era for the Local Insurance Agent.” When Bryan …
September 7, 2020
Rulings in two lawsuits originating in Texas over business income losses related to the COVID-19 pandemic were handed down in August in favor of insurance firms. In one, an insurance agency was added to a restaurant group’s lawsuit against its …
September 7, 2020
Typically each spring, a crop of fresh college graduates enters the workforce, making the critical first steps to determine personal and professional paths. Today, the job landscape differs greatly from what it was even a year ago, and not just …
September 7, 2020
The board of directors of Texas’ property insurer last resort for wind and hail in the state’s coastal counties voted in August to file a 0% rate change with the Texas Department of Insurance The Texas Windstorm Insurance Association is …