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People Moves: Smallcombe Joins Argo; Markel Hires Towse; Celent Adds Cake’s Norris; Ascot Expands Reinsurance Team

Smallcombe to Lead Argo Construction Specialty insurer Argo Group International Holdings announced that Kristyn Smallcombe has been appointed senior vice president, Argo Construction practice leader. Smallcombe joins Argo from Swiss Re, where she previously served as the global head of …

Employers Must Contend with Shrinking Population of Working-Age People

As America’s job market rebounds this summer and the need for workers intensifies, employers won’t likely have a chance to relax anytime soon. Worker shortages will likely persist for years after the fast-reopening economy shakes off its growing pains. Consider …

Global Financial Regulators Seek Coordinated Response to Climate Change Risk

The world’s top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still lack common standards for assessing what could be one of the biggest threats facing banks and insurers. The Financial Stability …

Judge Advances Privacy Lawsuit Against Google Voice Assistant

A federal judge said Google must face much of a lawsuit accusing the company of illegally recording and disseminating private conversations of people who accidentally trigger its voice-activated Voice Assistant on their smartphones. In a Thursday night decision, U.S. District …

Argentinian Satellite Data Company to Go Public with Cantor Fitzgerald SPAC

Satellogic, a Buenos Aires-based company that uses satellites to map the earth, plans to go public after a merger with Cantor Fitzgerald’s blank-check company. The deal would give the firm an enterprise value of $850 million and allow it to …

British Airways Settles Class Action with 2018 Data Breach Victims

British Airways has settled a case brought by customers and staff affected by a massive 2018 data breach that led to personal information being leaked, the court-appointed lead solicitors in the case said on Tuesday. Law firm PGMBM said those …

Record High Temperatures Hit Nordic Region, Arctic Circle, Adding to Wildfire Dangers

Record-high temperatures from Canada to Scandinavia and intense wildfires flaring up from California to Russia’s Far East are adding to extreme weather events recorded at the start of the summer in the Northern Hemisphere. Temperatures in several towns in the …

Cyber Insurance Industry in Crosshairs of Ransomware Criminals

In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks they themselves apparently suffered. Cybercriminals who hack into corporate and …

Marilyn Monroe Is Still a Counterfeiter’s Best Friend

Nearly six decades after her death, Marilyn Monroe is still a popular choice for mugs, T-shirts, jewelry and other products using her name — even illegally. Authentic Brands Group LLC, which owns the rights to the late movie star’s name …

Kaysea Ransomware Attack Caused ‘Minimal Damage’ to U.S. Firms, Biden Says

President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have inflicted only “minimal damage” on American businesses. “It appears to have caused minimal damage to U.S. businesses, but we’re still …

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