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Russian Hackers Target Western Critical Infrastructure, UK Warns

The UK government’s cyber defense agency warned on Wednesday of an emerging threat to Western critical national infrastructure posed by hackers sympathetic to Russia and its war on Ukraine. Russia-aligned “hacktivists” have carried out largely harmless online campaigns that have …

Fox News to Pay $787 Million to Settle Election Suit, Dominion Says

Fox News’s agreement to pay $787.5 million to settle a voting machine maker’s defamation lawsuit over the network’s 2020 election broadcasts leaves a similar, $2.7 billion suit by voting technology company Smartmatic Corp. to reckon with. Tuesday’s settlement with Dominion …

Hyundai Auto Canada Guilty of Safety Violation, Transport Canada Says

Transport Canada said on Tuesday Hyundai Auto Canada Corp pleaded guilty to six different counts of criminal charges for violating the Motor Vehicle Safety Act. Hyundai Auto Canada failed to send out notices of safety defect within the prescribed time …

Japanese Banks (and Insurers) Face Spotlight for ‘Gender Washing’ Women Managers

Some Japanese banks may soon come under the spotlight for potential “gender washing” over the way they count the number of women in management positions. Japan’s Financial Services Agency found a big discrepancy in responses from a regional bank survey …

People Moves: Ascot Names Williams U.S. CIO; Falcon Expands Leadership Team; Everest Names Mulray President of N.A. Insurance

Ascot Group Names Williams U.S. CIO Ascot Group has appointed Owen Williams to the newly created role of chief information officer (CIO), Ascot U.S., headquartered in New York, New York. Williams has been working in the insurance and technology sectors …

Canada’s Desjardins Is Seeking Property/Casualty Insurance Acquisitions

Canada’s Desjardins Group is seeking acquisitions in the property and casualty (P/C) insurance space as it seeks to boost its presence across the country, CEO Guy Cormier told Reuters on Tuesday. Cormier said the Quebec-based cooperative financial group is mainly …

As NCCI Turns 100, a Look at What’s Now, What’s Next for Workers’ Comp

Editor’s note: This article first ran in Insurance Journal’s sister publication, Carrier Management, earlier this month. It was written by CM Editor Susanne Sclafane. The National Council on Compensation Insurance, which turns 100 years old this year, is headquartered in …

Only 3 Insurers Sign Up for Florida Re Plan and Hopes for a New Plan Are Fading Fast

After five years of tweaks to Florida’s insurance and tort laws, all designed to reduce the vast amount of claims litigation and – eventually – bring down property rates, many in the industry argue that there’s still one big piece …

Judge Says Baldwin Settlement in Fatal Nex Mexico Movie Set Shooting Sealed

A judge has agreed to seal from public view the terms of a proposed settlement agreement that benefits the son of slain cinematographer Halyna Hutchins, in a wrongful death lawsuit against actor Alec Baldwin and an array of producers and …

4 Penobscot Indians Accuse Maine Priests of Sexual Abuse

Four Native Americans who say they were abused by three Roman Catholic priests on their reservation in Maine are the latest to bring lawsuits since the state fully lifted the statute of limitations for child sex crimes. The Penobscot Nation …

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