Kaysea Ransomware Attack Caused ‘Minimal Damage’ to U.S. Firms, Biden Says July 7, 2021 By Raphael Satter and Andrea Shalal President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have...
Insurance Journal, Carrier Management Win Editorial Awards of Excellence July 6, 2021 Wells Media Group publications, websites, webinars, research and podcasts have won a total of nine 2021 Azbee Awards of Excellence...
Not All Abuse Survivors Welcome Boy Scouts $850M Bankruptcy Deal July 6, 2021 By Randall Chase and David Crary An $850 million agreement by the Boy Scouts of America to compensate sex-abuse victims prompted outrage Friday from some survivors...
Truist/CRC Adds Major Wholesale Insurance Clout with Constellation Acquisition July 6, 2021 Truist Insurance Holdings and its wholesale insurance subsidiary CRC Group have closed on the acquisition of Constellation Affiliated Partners, an...
Kaseya Ransomware Attack by REvil Gang Is Global in Scale July 6, 2021 By Frank Bajak Cyber-security teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some...
Condo Collapse: Everyone Will Point Fingers But Florida Laws Narrow Liability July 6, 2021 By Tom Hals The collapse of a condominium tower near Miami will set off years of litigation as victims and their families look...
Supreme Court Passes on Media Liability Protection Case as 2 Justices Balk July 5, 2021 By Andrew Chung The U.S. Supreme Court on Friday turned away a case challenging libel protections for journalists and media organizations, but conservative...
Update: Ransomware Attack on Kaseya Affects Up to 1,500 Firms; Hackers Ask $70M July 5, 2021 By Raphael Satter Between 800 and 1,500 businesses around the world have been affected by a ransomware attack centered on U.S. information technology...
P/C Insurers Defend Ransomware Reimbursements in New Cyber Principles July 2, 2021 By Andrew G. Simpson The nation’s largest property/casualty insurance organization is defending ransom payment reimbursements by insurers in a new set of principles stressing...
Boys Scouts Reaches $850M Settlement With Group of Sex Abuse Survivors July 2, 2021 By Katherine Doherty and Steven Church The Boy Scouts of America reached settlement with a major group of sex-abuse survivors, a defining moment in the organization’s...