Monthly Archives: <span>August 2021</span>

South Dakota’s Sanford Health Targeted by Cyber Hackers

A large healthcare system based in Sioux Falls, South Dakota, acknowledged that it has been targeted by hackers. Sanford Health President and CEO Bill Gassen confirmed to the Argus Leader that the organization was working to resolve the cyberattack. “Sanford …

Former Iowa Insurance Producer Sentenced for Insurance Fraud

A former Iowa insurance producer was recently sentenced after pleading guilty to an insurance fraud scheme. Dustin French of Red Oak, Iowa, pled guilty in July to one count of Theft 3rd Degree (Aggravated Misdemeanor). The Iowa Insurance Division’s Fraud …

Van Carrying 25 in Texas Crashes; Leaves at Least 11 Dead, Others Injured

An overloaded van carrying about 25 passengers crashed Aug. 3 on a remote South Texas highway, killing at least 11 people and injuring more than a dozen others, authorities said. The crash happened shortly after 4 p.m. on U.S. 281 …

Filtration System Blamed for Chemical Leak at Texas Water Park

A Texas water park says a chemical exposure that sent dozens of people to hospitals was caused by “improper installation” of a water filtration system. Six Flags officials said a third-party service company improperly installed the system at Hurricane Harbor …

Wildfires Rage Anew Near Athens, Forcing More Evacuations in Southern Greece

Wildfires rekindled outside Athens and forced more evacuations around southern Greece Thursday as weather conditions worsened and firefighters in a round-the-clock battle stopped the flames just outside the birthplace of the ancient Olympics. As additional support arrived from Greece’s military …

TWIA to File for Rate Increase; TDI Proposes Member Assessment Rule Change

The property insurer of last resort for wind and hail in counties along the Texas coast will file for a 5% rate hike for both residential and commercial properties in its required annual filing with the Texas Department of Insurance. …

Progressive Insurance Hurt by Rise in Auto Claims, Low Premiums in Q2

Progressive Corp. reported a 56% decrease in net income to $790.1 million for the second quarter. Net income was down 9% for the first six months. The company said the largest contributor to the year-over-year decreases was the reduction of …

Postmates Paying $1M to Washington Gig Workers in Settlement

Online food delivery platform Postmates has agreed to pay almost $1 million to settle allegations it violated the city’s paid sick leave policies for gig workers, Seattle’s Office of Labor Standards said. The city said in a news release that …

Rate Hikes, Investments Help AIG Get Back to Profit in Q2

American International Group generated a modest profit in the second quarter, citing gains from higher net investment income, far fewer catastrophe losses and strong rate hikes in its property/casualty business. The insurance giant produced $91 million in net income. That …

Judge Revives Class-Action Claim Against Wynn Resorts in Nevada

A federal judge in Nevada has revived elements of a securities fraud lawsuit seeking class-action status for allegations that executives at Wynn Resorts Ltd. knew about, but disregarded, reports of sexual harassment and misconduct against company founder Steve Wynn. U.S. …