News

Trump Liable for Sex Abuse, Must Pay $5 Million to Carroll

A federal jury in New York found Donald Trump liable for sexually assaulting writer E. Jean Carroll and then defaming her by calling her a liar, the first verdict against him in a string of legal cases that threaten to …

AI, Ransomware, Tech Burnout Biggest Takeaways from RIMS’ Riskworld

The 2023 RIMS’ Riskworld conference took place last week in Atlanta, and on this episode of The Insuring Cyber Podcast, two guests shared the biggest takeaways from the conference this year. Paul Bantick, global head of the cyber and tech …

Stalled Gun Bill Advances in Texas After Recent Mass Shootings

AUSTIN, Texas (AP) – Facing new pressure over gun violence in Texas after two more mass shootings, Republicans on Monday unexpectedly allowed a bill that would raise the purchase age for semiautomatic rifles from 18 to 21 to advance out …

Shell: Fire That Reignited at Houston-Area Plant is Extinguished

HOUSTON (AP) – Crews have finally extinguished a fire at a Houston-area petrochemical plant that had been burning on and off for days, according to Shell, which operates the plant. Fire fighters first responded to the blaze at the Deer …

U.S., Allies Dismantle 20-Year Russian Malware Spying Operation

The US and allied countries have disrupted a wide-ranging Russian hacking operation that spied on its adversaries over some 20 years, the Justice Department announced. Law enforcement agencies penetrated a global network of computers infected with malicious software that the …

It’s Time to Roll up Our Sleeves and Rebuild the Florida Insurance Market

With the Florida legislative changes passed in December – prohibiting assignments of benefits and one-way attorney fees – there is now an opportunity to change the dynamic in Florida and create a more stable market. Historically, the main tools to …

NCCI Symposium: Strong Profits for Workers’ Comp, but Medical Still a Concern

While the property/casualty insurance industry overall may have seen a slight loss in profitability in 2022, workers’ compensation continues to be the most profitable line, with a “very healthy” nationwide reserve redundancy level of $17 billion. “The system is healthy …

Brown & Brown Buys Brownlee Agency in Georgia

Brown & Brown has acquired Georgia-based Brownlee Agency, one of the oldest insurance agencies on Florida’s east coast. Terms of the deal were not disclosed, the companies said in a news release. Founded in 1974 and headquartered in Tifton, Georgia, …

2 Children Died in California House Fire

Two children died in a house fire, authorities in Clovis said. The blaze was first reported shortly after 9:30 a.m. last week, Clovis police spokesperson Capt. Robbie Telles said. Responding officers found flames coming from the bottom floor of the …

Former Hawaii High School Players Settle Sex Assault Suit

Arizona quarterback Jayden de Laura and Wisconsin safety Kamo’i Latu have settled a lawsuit filed by a woman who said the two sexually assaulted her in 2018 after a football game at their Hawaii high school. A Hawaii circuit court …

News Archives by Month