Markets/Coverages: Tokio Marine Kiln Launches Enhanced Cyber Product Suite
Tokio Marine Kiln (TMK), the Lloyd’s specialist insurer, announced the launch of its enhanced “Cyber Ctrl” cyber product suite. This cyber risk solution features new products and wordings, including Professional Ctrl for technology, media and errors & omissions (E&O), as …
New Jersey Panel Issues Recommendations on Social Media Use by Teens
Students should be banned from using cell phones in school, parents should delay their child’s access to social media, and social media companies should restrict access for users younger than 16. Those are among the recommendations of the New Jersey …
Chinese Regulator Summons ByteDance, Alibaba’s Platforms Over Content Violations
China’s cyberspace regulator summoned ByteDance’s news platform Toutiao and Alibaba’s internet browser operator UCWeb over content violations, making them the latest companies to be targeted by a government crackdown on user behavior online. Both platforms were recently penalized for content …
[Video] In Construction, Labor Shortages Now Compounded by Tariff Concerns
Nationwide may not have felt much change in the construction sector during the first half of 2025, but there are now some signs of shifting due to the unknowns of tariffs. “[We’re] definitely started to see a little of the …
Trump Warns Against Tylenol in Pregnancy Over Unproven Autism Fears
The Trump administration linked Tylenol to autism and urged pregnant women to avoid the common pain medication despite the lack of widely accepted scientific evidence supporting the risk. “So taking Tylenol is not good — I’ll say it — it’s …
Update: Hong Kong Braces for Fierce Winds as Super Typhoon Nears
Hong Kong is facing a night of destructive winds and drenching rain as Super Typhoon Ragasa tracks toward the financial hub, potentially becoming the most damaging storm since Mangkhut in 2018. The typhoon weakened slightly on Tuesday as it moved …
Europe Airport Chaos Highlights Rise in High-Profile Ransomware Attacks: Cyber Experts
Cybercriminals are taking greater risks by hitting high-profile targets to get bigger payoffs and boost their online reputational clout, cybersecurity experts said, after a weekend hack crippled airport check-in systems across Europe and stranded thousands of passengers. The European Union’s …
Update: Denmark Links Drones at Copenhagen Airport to Hybrid Attacks Across Europe
Denmark said drones that halted flights at its main airport on Monday were the most serious attack yet on its critical infrastructure and linked them to a series of suspected Russian drone incursions and other disruptions across Europe. Danish Prime …
Shippers Warn Net Zero Plan Could Cost Over $300 Billion by 2035
A group of shipping firms warned that the International Maritime Organization’s planned net zero rules risk imposing significant costs on the industry. The IMO, shipping’s global regulator, has set a goal of net zero for shipping by mid-century and next …
NC Postal Worker Pleads to Lying About Work While Gaining $500K in Benefits
A 74-year-old former postal worker in North Carolina is facing up to five years in prison after pleading guilty to falsifying information about her post-injury employment and costing the federal workers’ compensation program as much as $500,000 in indemnity and …
Judge Clears Florida Officer in Shooting of UPS Driver, Citing ‘Stand Your Ground’
A South Florida judge cleared a police officer of wrongdoing in the shooting death of a UPS driver who had been taken hostage during a 2019 robbery. Broward Circuit Judge Ernest Kollra ruled that Jose Mateo, who had been charged …
Two More HO Insurers Join Florida Market, One Led by Former Metromile CEO
Florida regulators have approved two new homeowner insurance companies, one led by a San Francisco tech entrepreneur and former head of Metromile auto insurance company. “I focus on companies that can successfully use machine learning and statistics to build great …
Murdoch Calls Trump’s Epstein Suit ‘Affront’ to Free Speech
Rupert Murdoch and News Corp. asked a US judge to throw out President Donald Trump’s $10 billion libel lawsuit over a Wall Street Journal report tying him to a bawdy birthday note to the late Jeffrey Epstein, calling the case …
Florida Adjuster Convicted for Sending Carrier Checks to His Fake Firm
A former staff adjuster for a large Florida insurance carrier has been found guilty of defrauding the insurer out of more than $580,000. A federal jury in Orlando last week said James Octavias Tobias Owens, 34, from the Orlando area, …
Neptune Insurance Eyes $2.8B Valuation: IPO
Neptune Insurance said on Monday it was targeting a valuation of up to $2.76 billion in its U.S. initial public offering, as the IPO market continues to run hot. Some existing shareholders of the flood insurance provider are targeting to …
Hershey Wins Lawsuit Claiming Reese’s Candies Aren’t Spooky
Hershey defeated a lawsuit claiming it misled consumers who were disappointed the Halloween-themed Reese’s peanut butter candies they bought lacked the decorative details shown on the labels. U.S. District Judge Melissa Damian ruled on Friday that the plaintiffs did not …
Maryland Man Charged in Ponzi Scheme Claimed He Knew Buffett’s Investments
A Harvard Business School graduate accused of defrauding fellow alumni out of millions of dollars by claiming he could identify where Warren Buffett’s Berkshire Hathaway would invest next has been indicted for fraud, federal prosecutors in Manhattan said. Vladimir Artamonov, …
Mutual Growth Strategy: Northern Neck Insurance to Acquire Frederick Mutual
Two mutual insurers — Northern Neck Insurance Co. and Frederick Mutual Insurance Co.— have announced they intend to affiliate, pending regulatory approval, in a move to grow across the Mid-Atlantic region. While Northern Neck is acquiring Frederick Mutual, the two …
People Moves: Courts Joins Alliant Retirement Consulting; Lalli Joins Alliant’s Southwest Employee Benefits Team
Courts Joins Alliant Retirement Consulting Adriana Courts joined Alliant Retirement Consulting, a division of Alliant Insurance Services, as vice president. Courts will focus on delivering retirement plan strategies to a client base throughout the Pacific Northwest. Courts has experience managing …
California Couple Charged With Insurance Fraud, Identity Theft and Conspiracy
A California couple has been charged for running an insurance fraud scheme where they allegedly stole more than 21 patients’ identities and submitted false insurance claims. Rebecca Juarez, 39, and Juan Pablo Rodriguez, 31, both of Irvine, were arrested on …