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...
Tesla Auto Caught Fire During Driving, Lawyer Alleges July 2, 2021 By Hyunjoo Jin and David Shepardson A Tesla Inc. Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three...
Insurers’ Own Infrastructure Could Be Next Targets of Cyber Criminals July 2, 2021 By Mark Hollmer As “the next digital pandemic,” cyber risks are increasingly becoming a problem for insurers themselves, according to an industry expert....
The Regulatory and Legal Risks Facing Online Broker Robinhood July 2, 2021 By Chris Prentice and Michelle Price Robinhood Markets Inc, the online brokerage at the center of this year’s retail trading frenzy, disclosed on Thursday previously unreported...
Biden Calls Heat Wave a ‘Wake-Up Call’ on Climate Change, Commits to More Firefighters July 2, 2021 By Matthew Daly and Aamer Madhani The Biden administration said Wednesday it is hiring more federal firefighters — and immediately raising their pay — as officials...
AIG Releases Its First Environmental, Social and Governance Report July 1, 2021 By Don Jergler The International Renewable Energy Agency says a surge in private lending for renewable energy projects this decade is a must...
Workers More Likely to Get COVID Vaccine When Employer Encourages It July 1, 2021 As more employers return to in-person work, the latest KFF COVID-19 Vaccine Monitor report shows that workers are more likely...
Palomar, PURE to Offer High-Value Residential E&S Construction Program July 1, 2021 Palomar Holdings Inc. announced a new partnership with PURE Programs to offer owners of high value homes undergoing complex construction...