Andrew G. Simpson

/Andrew G. Simpson

About Andrew G. Simpson

This author has not yet filled in any details.
So far Andrew G. Simpson has created 793 blog entries.
21 05, 2021

CNA Paid $40 Million in Ransom After March Cyber Attack

By | May 21st, 2021|Uncategorized|Comments Off on CNA Paid $40 Million in Ransom After March Cyber Attack

CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network after a ransomware attack, according to people with knowledge of the attack. The Chicago-based company paid the …

20 05, 2021

‘Cat-Prone’ Startup Kin Insurance in Talks to Go Public With ‘Shark Tank’ Judge’s SPAC

By | May 20th, 2021|Uncategorized|Comments Off on ‘Cat-Prone’ Startup Kin Insurance in Talks to Go Public With ‘Shark Tank’ Judge’s SPAC

Home-coverage startup Kin Insurance is in talks to go public via Omnichannel Acquisition Corp., a special purpose acquisition company led by recurring “Shark Tank” guest judge Matt Higgins, according to people with knowledge of the matter. The combined entity is …

20 05, 2021

Fed Warns Credit Scores ‘May Lose Some Power’ After Covid

By | May 20th, 2021|Uncategorized|Comments Off on Fed Warns Credit Scores ‘May Lose Some Power’ After Covid

The Federal Reserve Bank of New York warned that credit scores — the all-powerful number that can determine if a consumer is able to qualify for a loan, rent a home or even buy car insurance — might have gotten …

18 05, 2021

People Moves: Metromile Adds Capital One Exec; Spinnaker Names CEO From USAA; Carpenter’s Snyder Joins TigerRisk

By | May 18th, 2021|Uncategorized|Comments Off on People Moves: Metromile Adds Capital One Exec; Spinnaker Names CEO From USAA; Carpenter’s Snyder Joins TigerRisk

Digital pay-per-mile auto insurer Metromile has hired a Capital One marketing veteran to help shepherd national growth. Troy Dye, who was with the credit card giant for 20 years, will have the title of senior vice president, Growth, once he …

18 05, 2021

Labor Leader Urges U.S. to Require Human Drivers in Automated Vehicles

By | May 18th, 2021|Uncategorized|Comments Off on Labor Leader Urges U.S. to Require Human Drivers in Automated Vehicles

A senior American labor union leader will tell U.S. lawmakers on Tuesday that the government should require human operators in all self-driving passenger services to take over in the event of an emergency. Greg Regan, president of the Transportation Trades …

17 05, 2021

Setting the Stage for Thousands of Opioid Lawuits, Potentially Years of Litigation

By | May 17th, 2021|Uncategorized|Comments Off on Setting the Stage for Thousands of Opioid Lawuits, Potentially Years of Litigation

A corner of West Virginia wrenched by opioid addiction is getting the chance to argue in a courtroom that some of the corporate giants it blames for a public health crisis that left hundreds of people dead deserve to be …

17 05, 2021

Supreme Court Backs Challenge to IRS Micro-Captive Reporting Rule

By | May 17th, 2021|Uncategorized|Comments Off on Supreme Court Backs Challenge to IRS Micro-Captive Reporting Rule

The U.S. Supreme Court has allowed a challenge to an Internal Revenue Services (IRS) requirement for firms to report micro-captive insurance arrangements to proceed. The IRS authority to require the captive reporting is being challenged as invalid by a Tennessee …

14 05, 2021

Biden EPA Relaunches Website With Climate Change Indicators

By | May 14th, 2021|Uncategorized|Comments Off on Biden EPA Relaunches Website With Climate Change Indicators

After years of delays during the Trump administration, the EPA released its new climate indicators, which show Americans are already feeling effects on their health and safety. Heat waves across the country are more frequent, more intense, and last longer. …

14 05, 2021

Cyber Ransom Payments Set a Bad Precedent But Happen Often

By | May 14th, 2021|Uncategorized|Comments Off on Cyber Ransom Payments Set a Bad Precedent But Happen Often

The U.S. government’s fight to choke off ransom payments collected by hackers hit a major snag Thursday, following news that Colonial Pipeline Co. paid a hefty sum to hackers who for several days this week effectively shut down the country’s …

14 05, 2021

People Moves: National Flood Names Erickson CEO; Aon Adds 3 in Healthcare; State Auto CFO to Retire; Barg Joins Ascot Claims

By | May 14th, 2021|Uncategorized|Comments Off on People Moves: National Flood Names Erickson CEO; Aon Adds 3 in Healthcare; State Auto CFO to Retire; Barg Joins Ascot Claims

National Flood Services announced the appointment of Lindsey Erickson as its chief executive officer. Erickson replaces interim CEO George Ruhana, who will continue in his role as operating partner. Erickson has been with National Flood Services for more than 20 …