FBI Chief Wray Warns Cyber-Attacked Firms Not to Pay Ransoms June 11, 2021 By Chris Strohm and Alyza Sebenius Companies and organizations that are victims of ransomware attacks shouldn’t pay hackers to unlock their data and should quickly contact...
May’s Global Disasters Include Hailstorms, Floods, Cyclones, Quakes, Volcanic Eruption June 11, 2021 U.S. insurers face a multi-billion-dollar payout from May’s convective storms, which spawned extensive hail, tornado, wind and flood damage across...
U.S. Drug Enforcer Testimony Cites ‘Systemic Failure’ in Monitoring by Opioid Distributors June 11, 2021 A retired high-ranking official with the Drug Enforcement Administration has testified that three large opioid distributors had a “systematic failure”...
Following Pandemic, Cyber Vaccines Needed to Protect Digital Economy: Viewpoint June 11, 2021 By Mike Dolan A surge in cyber attacks and ransomware hacks since the start of pandemic lockdowns is alarming for a world of...
SCOR and Covéa Lay Down Legal Swords in Return to ‘Mutually Beneficial Relationship’ June 11, 2021 By L.S. Howard French mutual insurer Covéa and reinsurer SCOR finally laid down their legal swords this week – opting instead for “peaceful...
Large Part of Resort in Southern Oregon Destroyed in Fire June 11, 2021 A fire has destroyed much of a resort on the Rogue River in Southern Oregon, authorities said. The Rural Metro...
Keystone XL Oil Pipeline Is Terminated After Years of Climate Activism June 11, 2021 By Jennifer A. Dlouhy TC Energy Corp. has ended its 16-year quest to build the Keystone XL oil pipeline, a controversial cross-border project that...
Brazil Judge Orders Vale to Pay Damages to Families of Victims of 2019 Mining Disaster June 11, 2021 BRASILIA – A regional labor judge has ordered Brazilian miner Vale SA to pay 1 million reais ($197,240) in compensation...
South Carolina High Court Nixes Felony ‘Step-Down’ Provisions in Auto Insurance June 11, 2021 By Jim Sams A South Carolina Supreme Court opinion published last week nullifies auto insurance policy provisions that “step down” the maximum payout...
NFL Offering $1 Million for Research Into Opioid Alternatives Including Cannabis June 11, 2021 By Tiffany Kary The NFL says it plans to fund research into alternative pain medications to opioids, including potential studies on whether cannabis...