Columbia University Hack Affected 870,000 People, Included Some Health Data
A recent breach of Columbia University’s computer systems compromised personal information of about 870,000 people, including students and applicants, according to the school’s reports to state officials in the US. The hack included “any personal information” provided in connection with …
Britain’s M&S Restores Click and Collect Services 15 Weeks After Systems Hacked
British retailer Marks & Spencer has resumed taking click and collect orders for clothing after a nearly four-month hiatus following a cyber hack and data theft that impacted its earnings during the period, sending its shares higher. The 141-year-old M&S …
African Lender Weighs Claiming Lloyd’s Payout on Zambia Debt
TDB Group, an African trade and development lender, is considering claiming insurance on debt it’s owed by Zambia that has become entangled in a complex restructuring process.The southern African nation, which defaulted in 2020 and later sought to rework around …
Emirates Expands Electronics Restrictions With Power Bank Ban
Emirates will ban the use of power banks aboard its flights and only allow passengers to bring one such device onto the plane, further restricting travelers from carrying electronic gadgets on aircraft. “Emirates is taking a firm and proactive stance …
Nigeria Insurance Stocks Gain Most in Almost 20 Years on New Law
Nigerian insurance stocks had their biggest weekly gain in almost two decades after a new law was passed requiring companies to raise fresh capital and making insurance for property and other assets mandatory. A gauge for the sector on the …
Insurtech Investment Hits $60B Milestone But Pales AI Figures
Artificial intelligence is quickly reshaping the insurance landscape, and Gallagher Re’s global head of insurtech, Andrew Johnston, warned in the company’s latest Global InsurTech Report that this trend shouldn’t be ignored. “There remains some skepticism in reinsurance of just how …
CSU, NOAA Maintain Forecasts for Above-Average Hurricane Season
Colorado State University’s hurricane researchers and the National Oceanic and Atmospheric Administration (NOAA) issued updates to their 2025 Atlantic hurricane forecasts, with both maintaining calls for an ‘above average’ season despite no recorded hurricanes so far. NOAA’s prediction of an …
Insurers Can’t Ask Punitive Damages in Marine Cargo Contract Dispute
Despite allegations of fraud and padding of premiums, neither a Miami-based cargo insurance broker nor a Lloyd’s coverholder can be asked to pay punitive damages in a breach-of-contract dispute, a Florida appeals court decided last week. “A plaintiff … may …
Viewpoint: A Workers’ Comp Hard Market Is Coming to California
Word on the street is that California employers should start expecting higher workers’ compensation rates. California employers have enjoyed a soft workers’ comp market for the last decade, but all indications are now pointing to the market hardening, entering a …
Double for Trouble: ID Theft Victim Awarded Both Treble and Punitive Damages
A victim of identity theft is entitled to recover both treble damages and punitive damages under Connecticut laws, according to the state’s highest court. The Connecticut Supreme Court found that the dual awards do not violate the common-law rule against …
California Invests $26M to Recruit More Women into Construction
The California Department of Industrial Relations awarded 25 construction apprenticeship programs $26 million in Equal Representation in Construction Apprenticeship grants to increase access to construction careers for women and disadvantaged communities. This is the second round of ERiCA grant funding. …
Two Adults and Four Children Perish in Maryland House Fire
Two adults and four children perished in a house fire Sunday morning in Waldorf, Maryland, according to state officials. Two other adults escaped and one more was not home when the fire broke out, . The cause of the fire …
Iowa AG Secures Pair of Environment Case Settlements
Iowa Attorney General Brenna Bird announced settlements in two cases her office prosecuted on behalf of the Iowa Department of Natural Resources. Agri Star Meat and Poultry, LLC has agreed to pay a $50,000 penalty and come into full compliance …
Second California Wildfire Prompts Evacuations, Threatens Thousands of Structures
A brush fire in a mountainous area north of Los Angeles has forced thousands of evacuations, becoming one of two ongoing blazes of concern in California. The Canyon fire in Los Angeles and Ventura counties, which started on Thursday afternoon, …
Minnesota Cities Consider Government-Run Marijuana Shops
As some Minnesota cities fret over regulating newly legalized and normalized marijuana sales, others see an opportunity. Elk River is among 13 Minnesota cities considering opening municipally owned cannabis stores. They would be blazing new trails in this regard, as …
Tesla Secures Texas Rideshare Permit for Robotaxi Operation
Tesla Inc. has been granted a rideshare license in Texas, paving the way for the electric-vehicle maker to operate its robotaxi service under new regulations governing autonomous vehicles in the state. Tesla Robotaxi LLC is now listed as a transportation …
Why Experts Say States Need to Get in the Business of Floodplain Buyouts
As flooding becomes an increasingly common and destructive feature of Texas life, housing experts are calling for the creation of a statewide, voluntary buyout program to move residents out of the most high-risk areas. The experts say Texas needs a …
Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty
Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was up 6% to a record US$4.2 billion and core return on equity hit a best-ever number of 26.3%. What is the reason for Zurich’s …
Former Ironshore, Lexington CEO Kevin Kelley Dies
Long-time industry leader Kevin H. Kelley has died. Kelley was last in the industry with Liberty Mutual Insurance, where he was vice chairman, Global Risk Solutions after joining the company in 2017 when Ironshore was acquired by Liberty Mutual. He …
Two South Carolina Women Charged With Fake Hit-and-Run Scam
Two South Carolina women filed an auto accident claim with First Acceptance Insurance Co. in May and were paid more than $25,500 for bodily injury medical expenses. Then investigators found out that the women had fabricated the entire incident, the …

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