Insurer Must Defend Firm Sued for Selling Facial Recognition Program to Police June 16, 2023 By Jim Sams An ambiguous coverage exclusion prevents a liability insurer from dodging the cost of defending a data broker that was sued...
Davenport, Iowa Hires Outside Firms to Investigate Partial Building Collapse June 16, 2023 By Hannah Fingerhut DES MOINES, Iowa (AP) – Two companies have been tasked with investigating the partial collapse of a six-story apartment building...
Odey Resigns From Lloyd’s Investment Fund Amid Sexual Harassment Allegations June 16, 2023 By Ben Stupples Crispin Odey has stepped back from an investment fund focused on the Lloyd’s of London insurance market in a sign...
Security Firm: Chinese Hackers Broke Into Email Security Appliance in Spying Campaign June 16, 2023 By Frank Bajak Suspected state-backed Chinese hackers used a security hole in a popular email security appliance to break into the networks of...
3 Dead, Dozens Injured in Texas Panhandle Tornado June 16, 2023 At least three people died and dozens more injured when a tornado struck the Texas Panhandle town of Perryton on...
A $1.7 Billion Opioid Settlement Is at Risk of Falling Apart June 16, 2023 By Jonathan Randles A major US opioid settlement is on the verge of unraveling. Mallinckrodt Plc, the drugmaker that first began producing morphine...
New Zealand’s Smartpay Hit With Ransomware in Latest Antipodean Cyber Attack June 16, 2023 New Zealand-based payments solutions provider Smartpay Holdings said on Friday that it faced a ransomware attack last week, becoming the...
Two Florida Pharmacies to Pay $7.4 Million to Resolve False Claims Act Allegations June 16, 2023 Jacksonville’s Smart Pharmacy, Inc., SP2, LLC, and owner Gregory Balotin have agreed to pay at least $7.4 million to resolve...
Parents of Girl Who Drowned at Missouri Water Park File Lawsuit June 16, 2023 KANSAS CITY, Mo. (AP) – The parents of a 6-year-old girl who drowned at a popular Kansas City water park...
US Insurers Hit Hardest by Inflation: Triple-I Study June 16, 2023 US insurers have paid more than their counterparts worldwide to repair and rebuild damaged properties and vehicles due to inflation...