News Archives - Insurance Journal

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6 06, 2024

People Moves: PCF Insurance Services Names Gray Chief Financial Officer

By | June 6th, 2024|Uncategorized|Comments Off on People Moves: PCF Insurance Services Names Gray Chief Financial Officer

PCF Insurance Services named Brandon Gray chief financial officer. Gray, who joined PCF in March 2023, previously served as the company’s senior vice president and treasurer. His promotion to CFO follows Felix Morgan’s December 2023 appointment to CEO from his …

6 06, 2024

Only a Third of $2.7M Stolen in Miss. County Hacking Scam Has Been Returned

By | June 6th, 2024|Uncategorized|Comments Off on Only a Third of $2.7M Stolen in Miss. County Hacking Scam Has Been Returned

CANTON, Miss. (AP) — Madison County has recovered an estimated $900,000 after an investigation found that the county was defrauded out of millions of tax dollars, authorities said Monday. Sheriff Randy Tucker updated the Board of Supervisors on Monday about …

6 06, 2024

Mississippi Judge Affirms Settlement After 62-year-old Died in Police Encounter

By | June 6th, 2024|Uncategorized|Comments Off on Mississippi Judge Affirms Settlement After 62-year-old Died in Police Encounter

JACKSON, Miss. (AP) — A judge has ordered the enforcement of a lawsuit settlement between Mississippi’s capital city and the family of a man who died after police officers pulled him from a car while searching for a murder suspect. …

6 06, 2024

CNA’s Worman to Take CEO Reins From Robusto in 2025

By | June 6th, 2024|Uncategorized|Comments Off on CNA’s Worman to Take CEO Reins From Robusto in 2025

CNA Financial Corp. said it is promoting Doug Worman, currently executive vice president and global head of underwriting, to president and chief executive officer starting in 2025. Current CEO Dino E. Robusto will transition to a role of executive chairman …

6 06, 2024

Buffett’s NetJets Sues Pilots’ Union for Defamation

By | June 6th, 2024|Uncategorized|Comments Off on Buffett’s NetJets Sues Pilots’ Union for Defamation

NetJets, the luxury plane unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, sued its 3,400-member pilots union for defamation over statements about its commitment to safety and training pilots. The lawsuit filed on Monday in a state court in Columbus, …

6 06, 2024

Companies Need to Be Aware of Cyber Risks Related to Proliferation of IoT

By | June 6th, 2024|Uncategorized|Comments Off on Companies Need to Be Aware of Cyber Risks Related to Proliferation of IoT

The Internet of Things (IoT), which refers to the collection of internet-enabled devices such as wearables, industrial sensors and controls, and closed-circuit cameras, has revolutionized processes from pharmaceuticals storage to energy-usage monitoring. However, it has also created a wide array …

6 06, 2024

Crypto Exchange Binance Seeks to Slash Size of $13 Billion UK Lawsuit

By | June 6th, 2024|Uncategorized|Comments Off on Crypto Exchange Binance Seeks to Slash Size of $13 Billion UK Lawsuit

Crypto exchange Binance on Wednesday sought to throw out the vast majority of a London lawsuit worth up to 10 billion pounds ($12.8 billion) over claims it and other exchanges colluded to “delist” the Bitcoin Satoshi Vision (BSV) cryptocurrency. Binance …

6 06, 2024

Staff Warned Off Whistleblower Hotlines: Global Survey

By | June 6th, 2024|Uncategorized|Comments Off on Staff Warned Off Whistleblower Hotlines: Global Survey

More than half of whistleblowers have felt pressured not to use internal hotlines to raise red flags at large global businesses and public bodies, a global EY survey showed. The number of organizations without a whistleblowing hotline has halved since …

6 06, 2024

World Hits Streak of Record Temperatures as UN Warns of ‘Climate Hell’

By | June 6th, 2024|Uncategorized|Comments Off on World Hits Streak of Record Temperatures as UN Warns of ‘Climate Hell’

Each of the past 12 months ranked as the warmest on record in year-on-year comparisons, the EU’s climate change monitoring service said on Wednesday, as U.N. Secretary-General António Guterres called for urgent action to avert “climate hell.” The average global …

6 06, 2024

Hack That Crippled UK Hospitals Highlights Growing Threat to NHS

By | June 6th, 2024|Uncategorized|Comments Off on Hack That Crippled UK Hospitals Highlights Growing Threat to NHS

In June of last year, a Russian cybercrime gang called BlackCat hacked the Barts Health NHS Trust, a part of the UK’s National Health Service that operates several hospitals in London, and published some of it online in an extortion …