Catastrophe Bond Market Headed for Major Surge in Issuance October 25, 2023 By Gautam Naik The market for catastrophe bonds is one of this year’s best-performing debt classes. It’s also about to see a significant...
‘Superfog’ Blamed For Louisiana Highway Crashes That Killed 7 October 25, 2023 NEW ORLEANS (AP) – At least seven people were killed Monday after a “superfog” of smoke from marsh fires and...
Ransomware Attacks Have Nearly Doubled Over 2022, Says Corvus October 25, 2023 Ransomware attacks are up 95.41% globally in 2023 year over year, a trend showing no signs of slowing. The number...
Morningstar: Coastal Communities at Risk of Becoming Uninsurable October 25, 2023 DBRS Morningstar experts anticipate increased reliance on government insurance programs as insurers exit catastrophe-prone states. New commentary from the credit...
Six Years After They Began, Strems’ Massive Litigation Actions Detailed in Book October 25, 2023 By William Rabb The story of disbarred Florida plaintiffs’ attorney Scot Strems has been told, in bits and pieces, in this publication and...
Pennsylvania Restaurant to Pay $269K for Illegal Pay Practices, Child Labor Violations October 25, 2023 A Collegeville, Pennsylvania restaurant and its owners must pay $268,660 in back wages, liquidated damages and punitive damages to satisfy...
Two New York Hospitals Resume Admitting Emergency Patients After Cyberattack October 25, 2023 Two New York hospitals that were hit with a cyberattack have resumed admitting emergency patients after shutting down their computer...
Forest Service Sued Over Flooding Deaths in Wake of Historic New Mexico Wildfire October 25, 2023 Relatives of three people who died last year in a flash flood stemming from the largest wildfire in New Mexico’s...
Risk Strategies Acquires North Bay Business Unit of InterWest Insurance Services October 25, 2023 Risk Strategies acquired North Bay, a business unit from InterWest Insurance Services LLC, adding specialty expertise to its Wineries Practice....
Philadelphia Reports Cyber Incident Affecting Email October 24, 2023 The city of Philadelphia has released a notice about a cyber incident that occurred in May and July involving personal...