Massachusetts Hospital Faces Class Action Over Christmas Cyber Attack January 23, 2024 A Massachusetts hospital that suffered a cyber attack in December has been hit with a class action lawsuit for its...
911 Calls From Maui Capture Pleas for Stranded, and Those Caught in Fire’s Chaos January 23, 2024 By Rebecca Boone, Claudia Lauer and Lindsay Whitehurst The day after the deadliest U.S. wildfire in a century destroyed a seaside community on Maui, the barrage of 911...
Markets/Coverages: CFC Launches Embedded Transaction Liability Insurance Product January 23, 2024 Specialty insurance provider CFC has launched what it is calling the first ever transaction liability insurance product to be embedded...
Florida to Borrow Billions to Backstop Insurers After Hurricanes January 23, 2024 The state corporation that oversees the Florida Cat Fund is planning to borrow as much as $3.8 billion to ensure...
US Appeals Court Revives Mexico’s $10B Lawsuit Against Gun Maker January 23, 2024 By Nate Raymond A U.S. appeals court on Monday revived a $10 billion lawsuit by Mexico seeking to hold American gun manufacturers responsible...
Brown & Brown’s Q4 Profit Jumps on Robust Growth in Fee, Investment Income January 23, 2024 Insurance brokerage Brown & Brown reported an 85% surge in fourth-quarter profit to $268.6 million on Monday, helped by higher...
UK Braces for More Hurricane-Strength Winds From Next Atlantic Storm January 23, 2024 By Eamon Akil Farhat and Brian K. Sullivan Just over a day after Storm Isha started to clear, the UK is bracing for more hurricane-strength winds off the...
French Regulator Fines Amazon for ‘Intrusive’ Staff Surveillance January 23, 2024 French regulator CNIL said on Tuesday it had fined Amazon France Logistique 32 million euros ($35 million) for what the...
Australia Imposes Sanctions on Russian Citizen Over Hack of Insurer Medibank January 23, 2024 By Ben Westcott Australia imposed cybersecurity sanctions for the first time on a Russian hacker over his role in the breach of healthcare...
Southwest Wins Appeal in Cyber Excess Coverage Dispute With Liberty January 23, 2024 By Ezra Amacher The 5th U.S. Circuit Court of Appeals ruled last week that Southwest Airlines can continue to seek reimbursement under its...