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Specialist Insurer Hiscox Launches Underwriting Academy in UK

Specialist insurer Hiscox UK has officially launched its underwriting academy following a successful pilot in Q4 2022. The Hiscox Underwriting Academy provides hands-on technical and professional development for high performing talent. The academy is part of a wider drive to …

Microsoft Warns Russian Hackers May Plan More Attacks, Inside and Outside of Ukraine

Microsoft Corp. warned an infamous hacking group that is tied to Russia’s military intelligence agency GRU could be gearing up for more ransomware attacks both inside and outside of Ukraine. Microsoft calls the group Iridium, but it is perhaps best …

UK Bans Chinese-Owned TikTok on Government Phones on Security Concerns

Britain said on Thursday it would ban TikTok on government phones with immediate effect, a move that follows other Western countries in barring the Chinese-owned video app over security concerns. TikTok has come under increasing scrutiny due to fears that …

Heavier Vehicles, Distracted Drivers Impacting Claim Severity

US roadways are carrying heavier, more powerful vehicles operated by motorists who are older, driving faster and more often distracted, according to CCC Intelligent Solutions’ annual Crash Course report. Each of those factors has a bearing on the frequency and …

Tesla Not Entitled to More Info About Race Bias Probe

A California civil rights agency suing Tesla Inc. over alleged widespread race bias at its flagship assembly plant on Tuesday asked a judge to narrow the scope of his tentative ruling requiring the agency to provide more details about the …

FBI Returns 50 Artifacts Stolen From Museums

Federal authorities say dozens of artifacts stolen in the 1970s from museums in several states and dating back as far as the French and Indian War have been returned to the institutions. The FBI announced Monday at a ceremony at …

Physical Abuse Must Involve ‘Imbalance or Misuse of Power’ for Exclusion: Court

An act of physical abuse is not excluded by an abuse and molestation exclusion in a homeowners insurance policy unless the act involves “an imbalance or misuse of power in addition to being physically harmful,” the Massachusetts Supreme Judicial Court …

Texas Public Adjuster Indicted of Stealing $268K in Insurance Claims

A Texas public insurance adjuster accused of stealing more than $268,000 in insurance claims from multiple victims has been indicted by a grand jury in Kimble County. A Texas Department of Insurance (TDI) investigation alleges Andrew Joseph Mitchell signed the …

Albany Diocese Files for Bankruptcy Protection Amid Sex Abuse Litigation

The Roman Catholic Diocese of Albany has filed for Chapter 11 bankruptcy protection in New York as it, like other dioceses in the state, faces hundreds of lawsuits by survivors of sexual abuse by priests. Bishop Edward B. Scharfenberger of …

People Moves: Gallagher Promotes Kent to Lead Global Insurance Strategic Relationships; Wakefield Named CEO of Gallagher Re

Gallagher, the insurance brokerage, risk management and consulting services firm, announced that James Kent, currently global CEO of Gallagher Re, has been promoted to a new role with Gallagher as CEO, Global Insurance Strategic Relationships. In this role, Kent will …

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