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Staff Warned Off Whistleblower Hotlines: Global Survey

More than half of whistleblowers have felt pressured not to use internal hotlines to raise red flags at large global businesses and public bodies, a global EY survey showed. The number of organizations without a whistleblowing hotline has halved since …

Crypto Exchange Binance Seeks to Slash Size of $13 Billion UK Lawsuit

Crypto exchange Binance on Wednesday sought to throw out the vast majority of a London lawsuit worth up to 10 billion pounds ($12.8 billion) over claims it and other exchanges colluded to “delist” the Bitcoin Satoshi Vision (BSV) cryptocurrency. Binance …

Companies Need to Be Aware of Cyber Risks Related to Proliferation of IoT

The Internet of Things (IoT), which refers to the collection of internet-enabled devices such as wearables, industrial sensors and controls, and closed-circuit cameras, has revolutionized processes from pharmaceuticals storage to energy-usage monitoring. However, it has also created a wide array …

Buffett’s NetJets Sues Pilots’ Union for Defamation

NetJets, the luxury plane unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, sued its 3,400-member pilots union for defamation over statements about its commitment to safety and training pilots. The lawsuit filed on Monday in a state court in Columbus, …

Commercial Property Insurance Market Proving More Stable, Capitalized: USI

Following last year’s historically challenging property insurance market, 2024 is proving to be “a more stable and capitalized market,” USI Insurance Services reported in its latest Commercial Property & Casualty Market Outlook Mid-Year Addendum. “Large rate increases from 2023 have …

CNA’s Worman to Take CEO Reins From Robusto in 2025

CNA Financial Corp. said it is promoting Doug Worman, currently executive vice president and global head of underwriting, to president and chief executive officer starting in 2025. Current CEO Dino E. Robusto will transition to a role of executive chairman …

Mississippi Judge Affirms Settlement After 62-year-old Died in Police Encounter

JACKSON, Miss. (AP) — A judge has ordered the enforcement of a lawsuit settlement between Mississippi’s capital city and the family of a man who died after police officers pulled him from a car while searching for a murder suspect. …

Only a Third of $2.7M Stolen in Miss. County Hacking Scam Has Been Returned

CANTON, Miss. (AP) — Madison County has recovered an estimated $900,000 after an investigation found that the county was defrauded out of millions of tax dollars, authorities said Monday. Sheriff Randy Tucker updated the Board of Supervisors on Monday about …

Surgeons Can’t Slip Out of GEICO’s Latest RICO Fraud Lawsuit in NC, Judge Says

GEICO Insurance companies have continued their campaign against alleged auto insurance fraud actors, including some well-known physicians and medical clinics. And a federal judge ruled this week that two of those practitioners cannot escape a $2.8 million lawsuit in North …

People Moves: PCF Insurance Services Names Gray Chief Financial Officer

PCF Insurance Services named Brandon Gray chief financial officer. Gray, who joined PCF in March 2023, previously served as the company’s senior vice president and treasurer. His promotion to CFO follows Felix Morgan’s December 2023 appointment to CEO from his …

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