Monthly Archives: <span>February 2024</span>

Lockbit Cybercrime Gang Says It Is Back Online Following Global Police Bust

Lockbit, the cybercrime gang that was knocked offline by a comprehensive international police operation earlier this month, says it has restored its servers and is back in business. The group, notorious on the internet’s criminal underground for using malicious software …

MGM Resorts Says Regulators Probing September Cyberattack

MGM Resorts International disclosed that state and federal regulators were probing a cyberattack on its systems that took place in September and caused a $100 million hit to the company’s third-quarter results. The casino operator intends to respond to the …

Company Linked to MMA Law Firm Still Paid by Florida; Case Highlights Issue with AOBs

The continuing saga of the Houston-based plaintiffs’ law firm of McClenny Moseley & Associates, suspended and sanctioned for flooding courts with erroneous lawsuits against property insurers in Louisiana, has taken a new political twist in recent days. It also has …

Investigators Fault Pittsburgh for Poor Inspection, Maintenance of Bridge That Collapsed

The city of Pittsburgh did not adequately maintain or repair a bridge and failed to act on inspection reports, leading to the corrosion of the structure’s steel legs and its collapse into a ravine, federal investigators said Wednesday. The city-owned …

AM Best Puts Credit Ratings of Casualty Underwriters in Utah Under Review

AM Best placed under review with negative implications the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b” (Marginal) of Casualty Underwriters Insurance Co. in Salt Lake City, Utah. The ratings have been placed under …

Teens at Washington Trampoline Park Didn’t Receive Breaks, Worked Too Many Hours

Teens working at Sky Zone trampoline park in Vancouver, Washington, did not receive meal breaks, and worked more hours than the law allows during school times, an investigation by the Washington State Department of Labor & Industries shows. L&I said …

US Pharmacy Outage Triggered by ‘Blackcat’ Ransomware at UnitedHealth Unit: Sources

Hackers working for the ‘Blackcat’ ransomware gang are behind the outage at UnitedHealth’s technology unit that has snarled prescription deliveries for six days, two people familiar with the matter told Reuters on Monday. The problems began last week after hackers …

Signers National Acquires Texas’ Affiliated Insurance Agents

Signers National a group of insurance companies dedicated to servicing key client segments across the United States, announced the acquisition of Affiliated Insurance Agents. Affiliated Insurance Agents is an independent agency based in Houston and focused on comprehensive, competitive insurance …

State Farm Sues Norfolk Southern Over Ohio Train Derailment Damages

State Farm Insurance brought forth a subrogation lawsuit last week against Norfolk Southern over damages to a pair of East Palestine, Ohio homes allegedly caused by the railroad company’s February 2023 train derailment. State Farm filed a complaint in Columbiana …

Blu Clarity Names Irys Insurtech as Foundational Technology Platform

Blu Clarity, a value-based risk management solutions, has chosen Irys Insurtech as its foundational technology platform. This strategic move empowers Blu Clarity, an MGA, to quote and bind policies in real-time with any Irys platform user. Houston, Texas-based Blu Clarity …