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22 10, 2024

Unison Risk Advisors Adds Avondale, The First to Join Its Non-Retail Division

By | October 22nd, 2024|Uncategorized|Comments Off on Unison Risk Advisors Adds Avondale, The First to Join Its Non-Retail Division

Unison Risk Advisors (URA) reports that Avondale Insurance Associates has joined the firm and is the first company to join URA’s non-retail division. Established in 2006, Avondale Insurance Associates is an excess and surplus lines underwriting management company across all …

23 10, 2024

People Moves: Risk Strategies Appoints Clinkscales SVP, Private Client Services Leader for West Region

By | October 23rd, 2024|Uncategorized|Comments Off on People Moves: Risk Strategies Appoints Clinkscales SVP, Private Client Services Leader for West Region

Risk Strategies appointed Jeff Clinkscales as senior vice president, private client services leader for the west region. He oversees the region’s sales and service teams, manages relationships with carrier partners and other third parties and will spearhead the development of …

23 10, 2024

SEC Accuses Four Firms of Downplaying SolarWinds-Related Hacks

By | October 23rd, 2024|Uncategorized|Comments Off on SEC Accuses Four Firms of Downplaying SolarWinds-Related Hacks

Four hacked companies will pay a total of almost $7 million to settle US Securities and Exchange Commission allegations that they downplayed the significance of the cyberattacks, the latest fallout from the massive SolarWinds Corp. breach. Unisys Corp., Avaya Holdings …

23 10, 2024

ALKEME Acquires Pinnacle Insurance Consultants in Arizona

By | October 23rd, 2024|Uncategorized|Comments Off on ALKEME Acquires Pinnacle Insurance Consultants in Arizona

ALKEME acquired Pinnacle Insurance Consultants in Scottsdale, Arizona. Pinnacle Insurance Consultants specializes in errors & omissions insurance for real estate firms. ALKEME is an insurance agency providing businesses and individuals with commercial and personal insurance, employee and executive benefits, retirement …

23 10, 2024

Former IT Worker Used Secret Company to Take $6.7M From United Way

By | October 23rd, 2024|Uncategorized|Comments Off on Former IT Worker Used Secret Company to Take $6.7M From United Way

A man who worked for United Way in Massachusetts was convicted in federal court of taking $6.7 million from the nonprofit through an information technology company that he secretly owned. Imran Alrai, 59, was convicted Wednesday in Concord, New Hampshire, …

23 10, 2024

Walmart to Pay $7.5M to Resolve California Hazardous Waste Charges

By | October 23rd, 2024|Uncategorized|Comments Off on Walmart to Pay $7.5M to Resolve California Hazardous Waste Charges

Walmart will pay $7.5 million to resolve charges that the largest U.S. retailer illegally disposed of hazardous and medical waste from its facilities into California municipal landfills. The settlement was announced on Tuesday by California Attorney General Rob Bonta, following …

23 10, 2024

Connecticut Obtains Settlement Over Data Breach Affecting Webster Bank Customers

By | October 23rd, 2024|Uncategorized|Comments Off on Connecticut Obtains Settlement Over Data Breach Affecting Webster Bank Customers

Connecticut Attorney General William Tong announced a settlement with Guardian Analytics, Inc. and its successor Actimize, Inc., resolving an investigation into a data breach affecting Webster Bank customers’ data. Under the settlement, Guardian and Actimize have agreed to pay $500,000 …

23 10, 2024

Tennessee Pollution Exclusion Confusion: Courts Differ But Clauses Can Apply

By | October 23rd, 2024|Uncategorized|Comments Off on Tennessee Pollution Exclusion Confusion: Courts Differ But Clauses Can Apply

Insurers often include exclusions within their liability policies to prohibit coverage for claims arising out of pollution exposure. The exact wording of the exclusion can differ significantly, but the key issue is whether the underlying allegations fall within the scope …

23 10, 2024

Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims

By | October 23rd, 2024|Uncategorized|Comments Off on Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims

Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta’s proxy statement about their ability to ensure the safety of children who use Facebook and Instagram. In a decision on Tuesday, …

23 10, 2024

What a Weak La Niña Could Mean for Winter Weather

By | October 23rd, 2024|Uncategorized|Comments Off on What a Weak La Niña Could Mean for Winter Weather

The National Oceanic and Atmospheric Administration’s Climate Prediction Center says there is a 60% chance that a weak La Niña event will develop this autumn and could last until March. La Niña is part of a natural climate cycle that …