Monthly Archives: <span>July 2020</span>

Maryland’s Frederick Mutual Promotes Stenbjorn to Chief Information Officer

Frederick Mutual, a Frederick, Md.-based insurance company, has promoted Paul Stenbjorn to chief information officer. Stenbjorn has been a technology management professional for more than 25 years. He has previously held senior positions, including chief technology officer and executive director …

Pennsylvania Man Sentenced to 10 Years in Office Firebombing

A Pennsylvania man who pleaded guilty to charges that he firebombed a child welfare office during a custody dispute has been sentenced to 10 years in federal prison. Philip Finn Jr., of Plains, was sentenced after pleading guilty in October …

Report Says COVID-19 Brought to N.Y. Nursing Homes By Infected Staff, Visitors

A New York State Department of Health (NYSDOH) report says the coronavirus outbreak that has afflicted nursing homes throughout the state may have resulted from staff and visitors unknowingly infecting residents early in the pandemic. “Unfortunately, we did not understand …

Adviser to EU Judges Says Online Platforms Not Liable for User Copyright Violations

Google’s YouTube and other online platforms are not liable when users illegally upload copyrighted works onto their platforms, but rightholders can ask for injunctions against the companies, a European Union Court of Justice adviser said on Thursday. EU judges, who …

Houston Rockets Becomes First NBA Team to Sue Insurer Over Denied Covid-19 Claims

The Houston Rockets and billionaire owner Tilman Fertitta are suing their insurer for denying the National Basketball Association team’s bid to tap its business-interruption insurance policy over revenue losses from the Covid-19 pandemic. Fertitta’s Rocket Ball Ltd. and Clutch City …

Shipping Losses at Record Lows, but COVID-19 Impact Could Threaten Safety: Allianz

Large shipping losses dropped by 20% last year, in a continuation of decade-long trend when losses declined by almost 70%, according to a report published by Allianz Global Corporate & Specialty (AGCS). However, the report warned that the coronavirus crisis …

Coordinated Twitter Hacking Raises Concerns About Platform’s Security

The extraordinary hacking spree that hit Twitter on Wednesday, leading it to briefly muzzle some of its most widely followed accounts, is drawing questions about the platform’s security and resilience in the run-up to the U.S. presidential election. Twitter said …

European Union Court Invalidates Special Data Privacy Shield Granted U.S. Firms

LUXEMBOURG – Europe’s highest court ruled on Thursday that a transatlantic data transfer deal is invalid because of concerns about U.S. surveillance in a decision that could disrupt thousands of companies that rely on the agreement. The ruling, which cannot …

Guy Carpenter Launches Hybrid Solutions UK with Willis Towers Watson’s Upton at Helm

Reinsurance broker Guy Carpenter & Co. announced the launch of Hybrid Solutions UK, a division of GC Fac, and the appointment of Laurence Upton, formerly with Willis Towers Watson in London, to lead the new operation. The Hybrid Solutions UK …

Swiss Insurers Oppose Tighter Immigration Rules, Says Swiss Re CEO in News Report

Switzerland’s insurance industry is against tightening the country’s immigration rules, a move that will be put to voters this year, Swiss Re Chief Executive Christian Mumenthaler told Handelszeitung newspaper. Mumenthaler is the latest business figure to lobby against the proposals, …