News

U.S. Fights Cyber Attacks by Blacklisting, Sanctioning Russian Tech Firms

The United States on Friday took a new stab at Russia’s cybersecurity industry, restricting trade with four information technology firms and two other entities over “aggressive and harmful” activities – including digital espionage – that Washington blames on the Russian …

Facebook Hits Back Against Biden Team Blaming It for Vaccine Misinformation

U.S. Surgeon General Vivek Murthy stood by federal guidance that those fully vaccinated against COVID-19 no longer needed to wear masks, while blaming social media companies for fueling vaccine misinformation. Murthy told CNN’s “State of the Union” that allowing vaccinated …

J&J Considers Placing Talcum Powder Liabilities Into Bankruptcy: Reuters

Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter. During settlement discussions, one of the …

Rescue Efforts Fell Short for Gulfstream Insurance

Plagued by worsening financial issues and under pressure from credit rating agencies, Gulfstream Property and Casualty Insurance Co. entered the first months of 2021 determined to increase its capital contributions. The Sarasota-based personal residential insurer had just come off a …

Takeaways from Our Conversation on The Impact of California Wildfires on Cannabis Insurance

The California wildfire season is shaping up to be an ugly one, with a worsening drought and soaring temperatures in the Western U.S. Wildfires are already blazing across numerous states. As of early July, the number of fires in California …

U.S. Appeals Court Sides With CDC Over Florida on COVID Rules for Cruise Ships

A U.S. appeals court late Saturday in a 2-1 ruling put on hold a lower-court decision that said the U.S. Centers for Disease Control and Prevention (CDC) could not enforce its coronavirus cruise ship rules in the state. Last month, …

Witness Says Suspended Georgia Insurance Commissioner Used Arson Money to Buy Campaign Signs

Suspended Georgia Insurance Commissioner Jim Beck improperly took money from the private insurer he led and used it to buy campaign signs when the Republican ran for office in 2018, a witness testified Friday in Beck’s trial. The testimony came …

People Moves: Pinnacol Names Johnson Chief Human Resources Officer; CIBA CEO Marino Stepping Down with Rheel Named New CEO

Pinnacol Assurance named Timothy A. Johnson chief human resources officer and vice president of employee services. He replaces Barbara Brannen, who is retiring. Johnson has 30 years of global human resources experience. Most recently, he was in the food industry, …

17 More Arraigned in $822K California Auto Insurance Fraud Ring

Another 17 defendants were arraigned for their alleged involvement in an organized auto insurance fraud ring in California in which dealers reportedly purchased damaged vehicles and then filed inflated claims and even staged thefts, costing insurers a roughly $822,000 loss. …

No Injuries but Iowa Tornadoes Damage Buildings, Overturn Vehicles

No deaths or injuries were immediately reported from tornadoes that tore through central and eastern Iowa, but many found damaged buildings, shredded trees and overturned vehicles in the path of the storms, officials said. Law enforcement and trained spotters confirmed …

News Archives by Month