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Opioid Alternatives Can Be Hard to Find and Costly
Ken Manning’s head is held up by two metal rods, four plates, and 17 screws in his neck. Since falling off a frame at a carpentry job in the early 2000s, he has had four surgeries, leaving his tanned neck …
Russian Cyberthief Pleads Guilty in $1.6M Heist of Broadway, Yankee Tickets
A Russian ringleader of a group that fraudulently bought some of the hottest tickets in music, sports and theater by sneaking into StubHub users’ accounts pleaded guilty this week in a scheme involving over $1 million worth of tickets. Vadim …
Bank Selling Hiscox Cyber Insurance to Its Business Customers
Los Angeles-based Grandpoint Bank is now selling cyber insurance policies to its business customers to provide coverage for wire-transfer and cyber fraud. Grandpoint, which does business in California, Arizona and Washington, says it is the first bank to market policies …
U.S. Issues Final Commercial Drone Regulations
The Federal Aviation Administration has finalized the first operational rules for routine commercial use of small unmanned aircraft systems or drones opening pathways towards fully integrating UAS into the nation’s airspace. The rule promises to generate more than $82 billion for …
New U.S. Rules Seen ‘Major Step’ for Drone Industry; Rules on Deliveries Still to Come
The Obama administration is opening U.S. skies to more commercial drones with long-awaited regulations that the government hopes will spawn new businesses inspecting bridges, monitoring crops and taking aerial photography. In the most comprehensive set of rules yet for the …
Following Two Days of Broken Western Heat Records Comes a Respite
Residents of Southern California and the Southwest were looking for a break after some of the hottest weather in decades had utilities warning of power failures and cities opening pools and cooling centers. At least four hikers died in Arizona, …
Foo Fighters Suing Lloyd’s in California over Concert Canceled after Paris Attacks
The Foo Fighters are suing insurers for failing to reimburse them for European shows they cancelled following the Paris terrorist attacks in November. The suit, filed Monday in federal court in Los Angeles against underwriters with Lloyd’s of London and loss adjuster …
Day and Mann Named to Board of Topa in California
Michael Day and Judy Mann have been named to the board of Directors for Topa Insurance Group in California. Day was the chief financial officer for CSAA Insurance Group, a AAA Insurer, until his retirement in 2015. Mann was a …
Global Indemnity to Redomicile from Ireland to Caymans
Global Indemnity plc announced that its board of directors unanimously approved a plan to redomicile from Ireland to the Cayman Islands. Shareholders will be asked to vote in favor of completing the reorganization proposal at a special shareholders meeting. If …
Ohio Bookstore Loses $1M in Inventory in Fire; 3 Injured
Authorities say an estimated $1 million in inventory was lost in a bookstore fire that broke out twice within a few hours and injured three people in southwestern Ohio. Firefighters say a firefighter and two people inside the building in …