Massachusetts Agency Owner Accused of Stealing Workers’ Compensation Premiums June 1, 2023 The owner of a Gloucester, Massachusetts insurance agency has been indicted and arraigned in connection with an alleged embezzlement scheme...
About 33 Million U.S. Homes at Risk of Hurricane-Force Winds: CoreLogic June 1, 2023 According to an analysis by CoreLogic, about 33 million U.S. homes with a combined reconstruction cost value of $11.6 trillion...
Former Wells Fargo Exec Settles SEC Fraud Charges, to Pay $3M June 1, 2023 The former head of Wells Fargo & Co’s WFC.N retail bank agreed to pay a $3 million penalty to settle...
Ransomware Attack on Bioscience Firm Exposes Clinical Test Data on 2.5M People June 1, 2023 The New York-based biotech and life sciences company Enzo Biochem reported it was hit by a ransomware attack on April...
School Bus, Tanker Truck Collide, Sending 18 to Hospital in South Carolina June 1, 2023 A school bus collided with a tanker truck in South Carolina, sending at least 18 people, mostly children, to the...
Georgia Supreme Court Upholds Professors’ Challenge to Allowing Guns on Campus June 1, 2023 Georgia’s highest court this week upheld a lower court ruling that dismissed a lawsuit brought by five college professors challenging...
Markets/Coverages: W. R. Berkley Corporation Forms Berkley Specialty Excess June 1, 2023 W. R. Berkley Corporation said it has formed Berkley Specialty Excess to offer excess liability coverages in specialized markets, with...
Union Cleaning Workers in New York City Sue Twitter Over Back Pay June 1, 2023 Eleven former Twitter cleaning workers at its New York City offices sued the company Tuesday, saying they are owed hundreds...
UK’s Ardonagh to Acquire Greek Reinsurance Broker SRS Group June 1, 2023 The Ardonagh Group announced its expansion into Greece following its agreement to acquire a majority shareholding in SRS Group of...
Wildfire on Canada’s Atlantic Coast Prompts Evacuation of 16,000, Damages Properties June 1, 2023 A wildfire on Canada’s Atlantic coast has damaged about 200 houses and other structures and prompted the evacuation of 16,000...