Florida Insurance Agent Convicted in $6M Ponzi Scheme That Defrauded Investors May 16, 2023 By William Rabb A federal jury has found a Sarasota insurance agent and financial consultant guilty of defrauding elderly Floridians out of $6...
Property Insurer SageSure Turns ‘Unicorn’ After $250M Funding Round May 16, 2023 SageSure became a “unicorn” after the U.S. property insurer raised $250 million in its latest funding round, a source familiar...
Low-Tech Cyber Attacks Took Advantage of Fixable Vulnerabilities in 2022: Coalition May 16, 2023 By Chad Hemenway Outdated technology, poor software maintenance, and the dreaded clicking of a malicious link were most to blame for cyber insurance...
Worker Fatally Injured at Amazon Warehouse in Indiana May 16, 2023 A worker died after being injured at an Amazon warehouse in Fort Wayne in an incident that closed the facility...
4 Killed in Michigan When SUV Crashes Into Highway Bridge Pier May 16, 2023 An SUV slammed into a bridge pier along an interstate highway in Detroit, throwing four young men from the vehicle...
Damage from New Mexico Sinkhole Being Assessed May 16, 2023 Authorities were assessing the damage after a sinkhole developed on a New Mexico bridge, resulting in the rescue of two...
Wells Fargo to Pay $1 Billion in Class-Action Lawsuit May 16, 2023 By Robert Burnson Wells Fargo & Co. agreed to pay $1 billion to settle a shareholder lawsuit that accused it of making misleading...
Tests Clear Recalled Philips Sleep Apnea Machines of Health Risks: Company May 16, 2023 Dutch medical devices maker Philips said on Tuesday that independent tests have shown that the use of its respiratory devices...
Cyber Attack Disrupts Philadelphia Inquirer May 16, 2023 The Philadelphia Inquirer experienced the most significant disruption to its operations in 27 years due to what the newspaper calls...
Broadway Theaters, Insurer Agree to End COVID-19 Business Loss Claims May 16, 2023 By Andrew G. Simpson An owner of Broadway theaters and Pacific Indemnity Insurance Co. have voluntarily agreed to end their remaining litigation over COVID-19...