FBI Recovers Most of Bitcoin Ransom Paid by Colonial Pipeline June 8, 2021 By Chris Strohm and Alyza Sebenius The U.S. recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial Pipeline Co....
Odie Pet Insurance Agency Raises $3 Million June 7, 2021 Odie Pet Insurance has closed on more than $3 million in new funding to accelerate its growth and invest in...
Safety Qualms, Slow Demand Hamper J&J Vaccine Rollout in U.S. June 7, 2021 By Michael Erman Safety concerns about Johnson & Johnson’s COVID-19 vaccine along with overall flagging demand for vaccinations have slowed its U.S. rollout...
People Moves: Allstate’s Chauhan Heads Zurich NA Strategy; AGCS Expands Executive Team With Laufer, Pignataro June 7, 2021 Neeren Chauhan has been named head of Strategy, Innovation & Business Development for Zurich North America. Chauhan joins Zurich after...
Plaintiffs Seek ISO Files on Virus Exclusion to Back Business Interruption Claims June 7, 2021 By Jim Sams Plaintiffs attorneys are looking deep into the weeds for evidence to support claims for business income lost because of COVID-19...
Supreme Court’s Upcoming 23 Rulings to Touch on Business, Religion, Voting, Students June 7, 2021 By Greg Stohr The Supreme Court heads into the home stretch of Justice Amy Coney Barrett’s first term with a list of big-money...
Top Aviation Safety Official to Leave FAA June 7, 2021 By David Shepardson The Federal Aviation Administration’s (FAA) top safety official said Wednesday he will step down effective June 30. Ali Bahrami, the...
Washington Debates What to Do About Ransomware Payments, Cyber Reporting June 7, 2021 By Ros Krasny and John Gittelsohn More transparency is needed into what kind of cash payments are made after ransomware attacks, a top Democrat said, following...
Ascot, Highland to Offer U.S. Builders Risk Program June 4, 2021 Ascot as a partnered with Highland Insurance Solutions LLC, a subsidiary of WNC Insurance Services Inc. to provide a builders...
Insurers Must Totally Reassess Approach to ‘Grim’ Cyber Insurance Market: AM Best June 4, 2021 With the cyber risk hazard environment—ransomware, business interruption and aggregation—worsening significantly, “prospects for the U.S. cyber insurance market are grim,”...