4 days 22 hours ago
The Fermi National Accelerator Laboratory, one of the Department of Energy’s 17 national labs, was attacked by hackers as part of a recent campaign seeking to exploit flaws in Microsoft Corp.’s SharePoint software. “Attackers did attempt to access Fermilab’s SharePoint …
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4 days 23 hours ago
Insurance agency mergers and acquisitions during the second quarter 2025 were up 11% over the prior quarter, but M&A activity for the first half of the year is down 8% compared to last year, according to investment banking and financial …
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5 days 1 hour ago
India’s aviation watchdog found 51 safety lapses at Air India in its July audit, including lack of adequate training for some pilots, use of unapproved simulators and a poor rostering system, according to a government report seen by Reuters. The …
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5 days 3 hours ago
The Texas Department of Insurance (TDI) said in a bulletin this month that it has approved private passenger and commercial auto rate increases for the Texas Automobile Insurance Plan Association (TAIPA), the state’s residual market for auto insurance. Private passenger …
5 days 3 hours ago
Shanghai has evacuated around 280,000 people and canceled flights as a tropical storm crossed China’s financial hub, bringing strong winds and heavy rainfall that threatens flash flooding. Storm Co-may — known locally as Zhu Jie Cao — made landfall for …
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5 days 4 hours ago
Bridgepoint Group Plc agreed to acquire a majority stake in German insurance broker Hanseatic Broking Center GmbH from Preservation Capital Partners. The transaction sees Bridgepoint partner with HBC’s management team and founders, who will remain significantly invested, according to a …
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5 days 5 hours ago
Alphabet’s GOOGL.O Waymo said on Monday it will roll out its autonomous ride-hailing service in Dallas in 2026, accelerating its U.S. expansion as electric vehicle maker Tesla TSLA.O pushes to grow its recently launched robotaxi business. After years of cautious …
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5 days 5 hours ago
Part of the roof and front facade of a Family Dollar store in Kansas City, Missouri, collapsed Sunday, killing a 68-year-old man and seriously injuring a 50-year-old woman, authorities said. The building’s partial collapse occurred about 2:45 p.m. Sunday, the …
5 days 6 hours ago
Are you a trucking company? If so, you may be exposed to class action lawsuits for minimum wage, break time, and overtime violations. Trucking companies are essential to our national economy and security. However, trucking companies often risk violating wage …
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5 days 6 hours ago
Recent actions by the U.S. Consumer Financial Protection Bureau have reversed or jeopardized more than $360 million in compensation paid to consumers allegedly harmed by financial companies, an analysis by consumer groups said on Tuesday. The compensation relates to allegations …
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5 days 7 hours ago
The phone rings. It’s the secretary of state calling. Or is it? For Washington insiders, seeing and hearing is no longer believing, thanks to a spate of recent incidents involving deepfakes impersonating top officials in President Donald Trump’s administration. Digital …
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5 days 7 hours ago
Reactions to a recent Wall Street Journal article, which faulted the Demotech rating agency for giving top marks to a number of insurance carriers before the insurers went insolvent in recent years, has been mixed and muted. After outrage from …
William Rabb
5 days 7 hours ago
Cover Whale Insurance Solutions, Inc., a managing general agency (MGA) focused on commercial auto isurance, announced $40 million in new equity financing from Morgan Stanley Expansion Capital. Founded in 2020, Cover Whale’s proprietary driver safety program combines continuous underwriting, real-time …
5 days 7 hours ago
A Connecticut firefighter was killed after a piece of a fire truck broke free and struck him, state police said. Raymond Moreau, 60, a 35-year veteran of the Plainville Fire Department, suffered severe leg injuries on Sunday while at the …
5 days 7 hours ago
A deadly shooting at a New York City office tower on Monday exposed the vulnerability of corporate executives and employees even inside the commercial core of America’s financial capital, prompting reviews of security procedures at buildings across Manhattan. At 345 …
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5 days 7 hours ago
Sedan and subcompact crossover models are listed among the year’s most affordable vehicles to insure, including two from Hyundai Motor Group and two Nissans, according to a list out on Tuesday from Mercury Insurance. The California-based carrier compiles an annual …
5 days 7 hours ago
In the fourth set of criminal charges filed against him since last September, a former Baltimore County insurance agent and financial advisor has been charged with obstruction of justice and fabricating physical evidence, Maryland Attorney General Anthony G. Brown reported. …
5 days 7 hours ago
Inszone Insurance Services acquired Beasy Insurance Services in California. Founded by Wendy Beasy in 2002, Beasy Insurance Services specializes in personal lines coverage placement throughout California and the Southwest. Sacramento, California-based Inszone is an insurance brokerage firm offering of property/casualty …
5 days 13 hours ago
The University of California at Los Angeles agreed to pay more than $6 million to settle discrimination complaints brought by Jewish students and faculty members who assailed the school for allowing a “Jew Exclusion Zone” on campus during pro-Palestinian protests …
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5 days 16 hours ago
The National Association of Mutual Insurance Companies (NAMIC) is supporting a bill first introduced more than 18 months ago to limit the authority of the Consumer Financial Protection Bureau and protect state regulation of the insurance industry. Rep. Bryan Steil, …
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