20 12, 2024

Auto Insurer’s Online System Breach Tied to Unemployment Fraud

By | December 20th, 2024|Uncategorized|Comments Off on Auto Insurer’s Online System Breach Tied to Unemployment Fraud

Noblr, a USAA Insurance subsidiary offering insurance through an online quoting application, will pay $500,000 following a data breach that New York officials say affected 80,000 people and led to fraudulent unemployment benefit claims. New York Attorney General Letitia James …

21 01, 2025

New Orleans Landscaper Ordered to Pay $319K in Back Wages

By | January 21st, 2025|Uncategorized|Comments Off on New Orleans Landscaper Ordered to Pay $319K in Back Wages

TheU.S. Department of Labor has recovered $319,065 in back wages for 49 workers employed by a New Orleans landscaping company that misclassified them as independent contractors and, by doing so, denied them overtime pay. The department’s Wage and Hour Division …

20 12, 2024

People Moves: Augment Risk Tabs McElhiney to Lead New Captive Offering

By | December 20th, 2024|Uncategorized|Comments Off on People Moves: Augment Risk Tabs McElhiney to Lead New Captive Offering

Augment Risk, the reinsurance and risk capital solutions broker, announced the appointment of Steve McElhiney as partner of newly created captive and alternative risk transfer solutions offering. Based in Dallas, Steve will develop Augment Risk’s efforts in creating legacy solutions …

17 01, 2025

Maritime Sources Expect Houthis to Halt Red Sea Attacks After Gaza Deal

By | January 17th, 2025|Uncategorized|Comments Off on Maritime Sources Expect Houthis to Halt Red Sea Attacks After Gaza Deal

Maritime security officials said on Thursday they were expecting Yemen’s Houthi militia to announce a halt in attacks on ships in the Red Sea, after a ceasefire deal in the war in Gaza between Israel and the militant group Hamas. …

20 12, 2024

Grubhub to Pay $25M in Deceptive Business Settlement With Illinois AG and FTC

By | December 20th, 2024|Uncategorized|Comments Off on Grubhub to Pay $25M in Deceptive Business Settlement With Illinois AG and FTC

SPRINGFIELD, Ill. (AP) — Grubhub Inc., an online food ordering and delivery platform, will pay $25 million to settle a dispute over alleged deceptive business practices with the Illinois attorney general and the Federal Trade Commission, officials said Tuesday. Attorney …

17 01, 2025

Tanker Under US Sanctions Discharges Oil at Chinese Port: LSEG Data

By | January 17th, 2025|Uncategorized|Comments Off on Tanker Under US Sanctions Discharges Oil at Chinese Port: LSEG Data

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China, shipping data on LSEG Eikon showed on Thursday. The tanker is the first since last week’s sanctions …

20 12, 2024

Singapore’s bolttech, Valued at $2.1 Billion, Raises More Than $100 Million

By | December 20th, 2024|Uncategorized|Comments Off on Singapore’s bolttech, Valued at $2.1 Billion, Raises More Than $100 Million

Singapore-headquartered insurance technology firm bolttech has raised more than $100 million in its latest funding round, led by Dragon Fund of Mitsubishi UFJ Financial Group and fintech direct lender Liquidity Group, it said on Friday. The Series C funding round …

17 01, 2025

South Korea’s Crashed Jet Reveals Bird Feathers in Both Engines

By | January 17th, 2025|Uncategorized|Comments Off on South Korea’s Crashed Jet Reveals Bird Feathers in Both Engines

South Korean investigators found feathers in both engines of the Boeing Co. 737-800 jet involved in a crash late last month, pointing to possible evidence that the aircraft may have lost electrical power before an ill-fated emergency landing that killed …

20 12, 2024

G-7 Considers Options to Harden Price Cap on Russian Oil

By | December 20th, 2024|Uncategorized|Comments Off on G-7 Considers Options to Harden Price Cap on Russian Oil

Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better target Moscow’s ability to fund its war against Ukraine, according to people familiar with the matter. Options under consideration range …

17 01, 2025

Broker Juniper Re Enters London With Industry Veteran Hawke at Helm

By | January 17th, 2025|Uncategorized|Comments Off on Broker Juniper Re Enters London With Industry Veteran Hawke at Helm

Juniper Re LLC, the specialist reinsurance broking arm of The Baldwin Group, announced its entry into the London market, appointing industry veteran Nick Hawke as head of office. With more than four decades of reinsurance experience in the London market, …