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Florida DFS Takes Action Against Public Adjuster Insurers Had Crossed With

After several months of investigation, Florida regulators have filed an official action against a public adjuster that insurance companies had complained about, a move that could soon lead to the suspension of his license and fines of several thousand dollars. …

Ukrainian Cyber Group to Target Russian Power Grid, Railways

A Ukrainian cyber guerrilla warfare group plans to launch digital sabotage attacks against critical Russian infrastructure such as railways and the electricity grid, to strike back at Moscow over its invasion, a hacker team coordinator told Reuters. Officials from Ukraine’s …

Judge Rejects New York’s Bid to Dissolve NRA But Allows Lawsuit to Proceed

A judge has rejected an effort by New York’s attorney general to put the National Rifle Association out of business, but will allow her lawsuit accusing top executives of illegally diverting tens of millions of dollars from the powerful gun …

Italian Insurer Generali to Pull Out of Russia, Give Up Seats on Russian Insurer Board

Leading Italian insurer Generali said on Thursday it was pulling out of Russia after Moscow’s invasion of Ukraine, while Intesa Sanpaolo, Italy’s biggest bank, is reviewing its presence there. Generali said that it would be closing its Moscow office and …

California Cites Resort $3.3M for Failing to Rehire Workers Axed During Pandemic

The California Labor Commissioner’s Office cited Terranea Resort in Rancho Palos Verdes $3.3 million for failing to offer job positions to 53 employees laid off during the COVID-19 pandemic once the resort reopened. The employees included housepersons, banquet servers and …

People Moves: Pinnacol Names O’Donnell President and CEO; Altman Becomes CEO of Covered California

Pinnacol Assurance named John O’Donnell president and CEO. He will join the company Feb. 28. O’Donnell will succeed Phil Kalin, who is retiring on March 31. O’Donnell has 30 years of leadership experience. He most recently was an executive vice …

Maryland Weighs Measures to Enhance State, Local Government Cybersecurity

Maryland lawmakers highlighted a package of measures Wednesday to tighten cybersecurity in the state. Maryland House Speaker Adrienne Jones noted that Baltimore County was one of about 50 school systems across the nation attacked with ransomware in 2020, costing the …

ANALYSIS-Who Pays? UN Climate Report Reignites Global Fight for Compensation

With this week’s U.N. climate science report laying bare the staggering economic costs and losses already faced from climate change, an inevitable question arises: who should pay? Within U.N. climate negotiations, “loss and damage” refers to the costs countries are …

Court Issues Stay on Washington Insurance Credit Scoring Ban

A Washington judge issued a stay on a rule banning the use of credit scoring by insurers in that state, and consolidated cases challenging the ruling, until the merits of the cases are decided. The rule handed down from Insurance …

Report: Nearly a Third of U.S. Hazardous Chemicals Facilities Exposed to Climate Change Dangers

A report from the Intergovernmental Panel on Climate Change stating that climate change is leading to increasingly irreversible impacts, with a narrowing window to adapt to it, is garnering a lot of reaction. The IPCC Working Group II report: Climate …

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