Denmark suffered a major data breach that gave unauthorized individuals access to names, addresses and personal identification numbers belonging to about 8.8 million people registered in the country’s central population database. The breach occurred after unidentified individuals misused a private …
South Korean regulators urged financial institutions to promptly complete internal security inspections and report the results to authorities after a series of cyberattacks led to personal data breaches across the industry. “The entire financial sector should carry out swift and …
While condo sales across Miami have broadly slumped in recent years, one sector of the market is booming — ultra-luxury sales in apartments that haven’t even been built yet. The Residences at Mandarin Oriental Miami on Brickell Key, a manmade …
German auto group Volkswagen will recall around 4 million vehicles across four brands in the biggest such action since the Dieselgate scandal, the Handelsblatt newspaper reported on Friday [Sept. 25]. Some 2.16 million VW models and 700,000 Audi models are …
A United Arab Emirates investigation of the near-catastrophic FlyDubai flight said the co-pilot attempted “to carry out a terrorist act” as more details emerged about what happened in the cockpit. The co-pilot used a crash ax in the attack on …
Marsh Names Neary CEO of Newly Combined East Region Marsh appointed Andrew Neary as chief executive officer (CEO) of Marsh Agency’s newly combined East region. Neary will be based in Conshohocken, Pennsylvania, and will continue to report to Matt Stadler, …
Novatae Risk Group, the wholesale division of World Insurance Associates, announced it acquired Specialized Program Solutions (SPS), a managing general agency (MGA) in Chester, New Jersey. Founded in 2022, SPS specializes in underwriting, marketing and program administration for long-haul trucking …
The Trump Administration is pushing for a 90-day ban on diesel exports intended to rapidly lower climbing fuel prices for consumers, a proposal that, if enacted, will hurt the constellation of Texas refineries in the Gulf Coast and deal a …
Wisconsin workers’ compensation rates will decrease by approximately 2% over the coming year, making the 11th straight year the state has seen premiums decline. The rate decrease, which went into effect October 1, saves an estimated $36 million for policies, …
The merger of Idaho-based Gem State Insurance as a subsidiary under Ohio Mutual Insurance Group’s mutual holding company structure has been completed, effective Oct. 1, the company announced. The organization plans to add new products and additional benefits to members …