National News

Private Health Data Still Being Exposed to Big Tech, Report Says

Despite recent efforts to address the issue, medical-related websites continue to be mined for data including personal medical information, in an apparent violation of patients’ privacy rights, according to a new study. Some of the most common tracking pixels were …

People Moves: Bohm Head of US Capital Advisory at BMS Group; NIP Group Names Lindemann General Counsel; Stoik to Head Ascot Marine

BMS Group Appoints Andras Bohm as Head of U.S. Capital Advisory BMS Group announced the appointment of Andras Bohm as the head of its U.S. capital advisory business and the CEO of BMS Capital Advisory, Inc. (BMS Groups’ U.S. broker-dealer). …

College Athletes Are Fighting for a Cut of Billions Generated in Media Rights Deals

At a reception attended by several university presidents in Manhattan, Arizona State President Michael Crowe was asked to ponder a not-too-distant future where Sun Devils football and basketball players get a cut from the billions of dollars their sports generate …

NHTSA Fines Zipcar for Uncompleted Recall Rentals

U.S. auto safety regulators said Oct. 16 that car-sharing firm Zipcar has agreed to pay a $150,000 fine after a government investigation found it allowed customers to rent vehicles with uncompleted recalls. Zipcar could be forced to pay another $150,000 …

Down, Down, Down….AM Best P/C Downgrades Outpacing Upgrades

The number of rated property/casualty personal lines insurers that had their credit ratings downgraded by AM Best more than doubled to 21 in the first-half of 2023, compared to 10 in first-half 2022. Additional downgrades of 10 commercial insurers and …

Viewpoint: Logic & Language, Forms & Facts – Revisiting Terrorism Issues

“Yesterday was my son’s 12th birthday but he didn’t spend it unwrapping presents or gorging on ice cream and cake. Most of our evening was spent solemnly observing unspeakable horror and devastation as the events of September 11, 2001 unfolded.” …

US Plans to Push Other Countries Not to Pay Hacker Ransoms

The US is pushing a group of governments to publicly commit to not make ransom payments to hackers ahead of an annual meeting of more than 45 nations in Washington later this month. Anne Neuberger, deputy national security adviser, told …

Kids Suing Social Media Over Addiction Find a Win Amid Losses

Minors and parents suing Meta Inc.’s Facebook and other technology giants for the kids’ social media platform addictions won an important ruling advancing their collection of lawsuits in a California court. A state judge on Oct. 13 threw out most …

Progressive Q3 Earnings Skyrocket as Combined Ratio Gets Closer to Goal

Progressive Corp. posted significant improvement in third quarter earnings late last week – with net income of $1.12 billion compared to $124.1 million a year ago during the same period. Progressive gave a snapshot of it’s Q3 earnings in announcing …

Rite Aid Files for Bankruptcy Amid Rising Debt, Opioid Litigation

Debt-laden Rite Aid filed for bankruptcy protection on Sunday and said it would close underperforming stores, as the drugstore chain comes under pressure from lawsuits alleging that it helped fuel the U.S. opioid crisis. The filing will allow it to …

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