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...
Update: Ship that Blocked Suez Canal to Be Released; Formal Settlement Is Agreed July 4, 2021 ISMAILIA, Egypt — The owners and insurers of the Ever Given container ship that blocked the Suez Canal in March...
Ohio Governor Says Fines to Remain for Pandemic Rule-Breaking Businesses July 2, 2021 By Andrew Welsh-Huggins Refunding fines to Ohio businesses cited for violating public health orders during the coronavirus pandemic would send a “horrible” message...
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...
The Texas Department of Insurance Issued a Notice about New Online Agent Exams July 2, 2021 The Texas Department of Insurance issued a notice this week of the availability of a new option to take a...
Technology Experts to Analyze Cause of Surfside Condo Collapse July 2, 2021 A team of technical experts from the federal government and outside specialists are going to gather building material samples and...
Economist Says Huntington, West Virginia Opioid Response Will Cost $2.5 billion July 2, 2021 A 15-year plan to abate the opioid crisis in a West Virginia community will cost local officials $2.5 billion, a...
PG&E in California Seeks $3.6B in Rate Hikes for Wildfire Safety July 2, 2021 Pacific Gas & Electric asked regulators Wednesday to grant a $3.6 billion rate hike to help it pay for hardening...
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...