WASHINGTON — As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: The ransoms may be tax …
KAIA Josh Goodman is joining the Kansas Association of Insurance Agents’ (KAIA) team as its new director of Business Development, as of July 12. Goodman had been active in KAIA leadership for many years, including as a KAIA board member …
Burleigh and Morton counties have joined the city of Mandan in banning the private use of fireworks during the July Fourth holiday season due to the widespread drought in North Dakota. Rural fire chiefs in both counties recommended the bans …
Louisiana’s college administrators will start receiving training this summer on new requirements for how sexual misconduct claims must be handled and what safety measures must be enacted, the state’s higher education chief said on June 16. Lawmakers in the just-ended …
A parish council in Louisiana has approved a one-year moratorium on new development in part of its jurisdiction to address concerns about drainage following severe flash flooding in May. Iberville Parish Council unanimously voted on June 15 to halt the …
Nebraska will pay out public assistance beyond what it normally offers to local governments hit by the 2019 floods, a state agency announced. The Nebraska Emergency Management Agency said Gov. Pete Ricketts has approved the payments for the state’s share …
Citgo Petroleum Corp. of Houston has agreed to pay $19.7 million for environmental damage from a 2006 spill at a Louisiana refinery, the U.S. Department of Justice said. The agreement settles both state and federal environmental claims from the 2.2-million-gallon …
ISMAILIA, Egypt – The owners of a container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, and a court ruling on the case was postponed for two …
Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that aims to protect against adverse tail risk, while supporting growth and bolstering the market’s balance sheet. The £650 million protection, …
As insurance professionals prepare for mask-free life and opportunities to exchange ideas in person, industry leaders took the virtual stage again at a midyear conference, recounting industry lessons learned during the 15 months since COVID distancing began. John Neal, chief …