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Another Federal Circuit Finds Phishing Loss Covered Under Crime Policy

Companies of all sizes have fallen victim to attacks whereby fraudsters will use deceptive communications, such as spoofed emails, to trick an employee into transferring money into the fraudsters’ control. While these increasingly prevalent schemes are an ever-present risk for …

Washington Man Pleads Guilty in Effort to Cover Uninsured Car After Wreck

Byron Mounce, of Puyallup, Wash., pleaded guilty in Pierce County Superior Court to one count of third-degree theft after an investigation showed it was trying to defraud his auto insurer. An investigation by Washington Insurance Commissioner Mike Kreidler’s Criminal Investigations …

Distinguished Programs Adds King in Southern California

Distinguished Programs has promoted Mark King to regional sales executive. In his new role, King will work with clients throughout Southern California. King has more than 25 years of experience in the insurance industry. Prior to his joining Distinguished Programs …

Man Injured in Home by Houston Blast Dies; Cause of Death Pending

A 47-year-old man who was injured when an industrial warehouse in Houston exploded last month has died, his family’s attorney said on Feb. 7, but officials declined to immediately add his name to the list of fatalities caused by the …

Boost Raises $14 Million for Its ‘White Label’ Digital Insurance Platform

Boost Insurance has pulled in a $14 million funding round designed to expand its infrastructure-as-a-service platform designed for the insurance industry. Coatue and Greycroft led the New York company’s Series A financing, which included participation from Tusk Venture Partners, Conversion …

Allstate’s Growth Plan Includes Shift in Agent Commissions, Hike in Advertising

Allstate first disclosed its Transformative Growth Plan in December, an effort to overhaul how it does business, boost efficiency and reduce expenses. During the Illinois-based property/casualty insurer’s Q4 2019 call with analysts, Allstate Chairman, President and CEO Thomas Wilson and …

Uber, Postmates Lose Bid to Block California Gig Worker Law… for Now

A U.S. judge on Monday rejected a request by Uber Technologies Inc. and courier services provider Postmates Inc. to block a California labor law from taking effect, saying the bill’s public benefits outweighed the companies’ concerns. U.S. District Judge Dolly …

USI Insurance Services Acquires Orgill Singer & Associates in Nevada

USI Insurance Services has acquired Las Vegas, Nev.-based Orgill Singer & Associates Inc. Terms of the deal were not disclosed. All of the agency’s team members in Las Vegas and Reno, including David Dahan, chief executive officer, Eric Springall, president, …

Arkansas Health System Sued for Age Discrimination

White River Health System Inc., a provider of health care services throughout North Central Arkansas, has been sued by the U.S. Equal Employment Opportunity Commission (EEOC) for age discrimination. In a lawsuit filed on Feb. 7, the EEOC said the …

Tennessee Teen Awarded $15M Over Brain Injury Suffered at Fort Campbell Hospital

A federal judge in Tennessee has awarded a $15 million judgment to a 15-year-old boy who suffered a brain injury at a hospital on the Fort Campbell Army post. The parents of the boy filed a medical malpractice lawsuit in …

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