Data exfiltration, or the theft or unauthorized transfer of data from any device, is a common form of cyber crime, and specialist insurer Beazley found in a recent report that the criminals are becoming much more sophisticated. The company released …
California firefighters were gaining ground in the battle against a wildfire that poses a threat to a grove of giant sequoias and a small community in Yosemite National Park. The Washburn Fire on the western flank of the Sierra Nevada …
Mosaic Insurance is opening an office in Toronto, Ontario and has hired Ian Fraser to spearhead the company’s expansion into the Canadian specialty insurance market. Fraser joins as president of Mosaic Insurance Services Canada Inc., responsible for operational strategy and …
A New Jersey insurance agency has failed to convince two courts that a landscape gardening insurance policy for a long-time client was ambiguous enough to also cover tree removal. The agency also struck out with its argument that tree removal …
The UK Treasury has announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority (FCA). Alder is currently chief executive officer of the Securities and Futures Commission (SFC) in Hong Kong, a role he has …
Note: This content was produced in Russia where the law, where the law restricts coverage of Russian military operations in Ukraine. Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country …
Insurance broker NFP has established a captive management firm in Canada following Alberta’s establishment of a regime for captive insurance for organizations wanting to self-insure against risk instead of buying insurance from a third party. The Captive Insurance Companies Act …
Twitter Inc. sued billionaire Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer. Lawyers for Twitter told a Delaware judge that the world’s richest man failed to honor …
North Carolina’s Supreme Court will accelerate appeals over the constitutionality of a state law that gave adults with child sexual abuse claims another two years to seek civil damages. A majority of justices agreed this week t o hear the …
A small, largely rural county west of Florida’s capital experienced an unheard-of spike in deadly drug overdoses believed to be caused by fentanyl over the July 4 weekend, with nine people dying in the latest sign that a national crisis …