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Opinion: Garland’s Appointment a Beacon in Cannabis Insurance Space

Joe Biden’s election as President of the United States and the Democrats’ reclamation of control of the U.S. Senate may well have far-reaching effects on the U.S. cannabis industry, including, but not limited to, ultimately impacting what insurance coverage is …

Lawmakers Reviewing Alabama Medical Marijuana Legislation Passed by Senate

The Alabama House of Representatives began a lengthy review of medical marijuana legislation on Wednesday, requiring the bill to go through two committees before it can secure a vote by the full House. The Alabama Senate approved the bill by …

Fajardo Joins JAG Insurance Group as Director of Marine Insurance

JAG Insurance Group (JAG), a South Florida-based commercial insurance agency with Florida offices in Coral Gables and Delray Beach, as well as Charlotte, N.C., has added Andy Fajardo as director of Marine Insurance. As a commercial lines coverage specialist (CLCS), …

Hiscox Promotes Patel to Head of Direct Commercial in UK

Specialist insurer Hiscox announced the appointment of Isha Patel to head of Direct Commercial within Hiscox UK. Patel joined Hiscox in 2013 and since then her experience has spanned operations, finance and sales with roles in both the Hiscox Retail …

Credit Suisse Freezes More Supply Chain Finance Funds as Greensill Scandal Widens

Credit Suisse Group AG froze four more funds that invested in the bank’s $10 billion supply chain finance strategy, adding to the widening scandal surrounding the bank’s exposure to Lex Greensill’s failed empire. The additional funds have about $1.2 billion …

New York Issues Letter to Regulated Entities Regarding Microsoft Exchange Breach

The New York Department of Financial Services’ (DFS) Cybersecurity Division issued a March 9 letter to regulated entities regarding the recent Microsoft Exchange breach in which thousands of organizations were compromised via vulnerabilities in the Microsoft Exchange servers. On March …

Missouri Reform School Owners Charged with Abuse

The owners of a former Christian reform school for girls in southwest Missouri are charged with more than 100 counts alleging they sexually, emotionally and physically abused girls for years. Sixteen former residents of the Circle of Hope Girls Ranch …

Minnesota Power Outages Amid Snow, Rain, Hail

Heavy snow and high winds in northeastern Minnesota left hundreds without power and caused hazardous travel conditions while the southeastern region of the state experienced rain, large hail and tornado warnings. The St. Louis County Sheriff’s Office said slippery conditions …

Oregon Lawsuits Seek $1B From Pacific Power over Wildfires

Two new lawsuits filed in Marion County, Ore., seek more than $1 billion in damages from Pacific Power, claiming the utility’s negligence led to wildfires in the Santiam Canyon last year. The two lawsuits filed Wednesday represent over 100 people …

Ransom-Seeking Hackers Are Exploiting Flaws in Microsoft Email Software

Ransom-seeking hackers have begun taking advantage of a recently disclosed flaw in Microsoft’s widely used mail server software, the company said early Thursday – a serious escalation that could portend widespread digital disruption. The disclosure, initially made on Twitter by …

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