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The Cost of Losing Your Cool: Tally the Losses of a Supermarket Cyberattack
Insurance and Financial Implications of France‘s Supermarket Refrigeration Cyberattack Keeping things cool is generally a good idea in the supermarket business. When a cyberattack reportedly interferes with refrigeration systems, the consequences can extend well beyond a few melted ice creams. …
POSTED OCTOBER 22, 2026 5:03 AM |
Former Trident Reciprocal CEO Ordered to Pay $468K in Attorney and Arbitrator Fees
Trident Reciprocal Exchange is one of the new kids on the Florida block. It was launched in 2024 as the long-distressed Florida property insurance market began to thaw following statutory changes that clamped down on spiraling claims lawsuits in the …
POSTED OCTOBER 22, 2026 5:02 AM |
US Urges Fix for Widely Used Software After Critical Alerts
The US government is working to address and stop any potential cybersecurity issues stemming from flaws in PHP, a widely used open-source software, that may impact federal agencies and American critical infrastructure, according to a White House official. The programming …
POSTED OCTOBER 22, 2026 5:02 AM |
TN High Court Says ‘No’ to PE Ownership of Law Firms But Other Options Open
The Tennessee Supreme Court has rejected a rule change that would have allowed private equity companies to own law firms, blocking one avenue that insurance groups have warned could lead to more litigation, more high-dollar jury awards and higher defense …
POSTED OCTOBER 22, 2026 5:01 AM |
Plymouth Rock Sells Encharter Agency to MountainOne
Plymouth Rock Assurance Co. has sold a western Massachusetts independent agency it bought more than 25 years ago. The buyer, MountainOne Insurance Agency, is owned by regional bank MountainOne Bank. The sale of Amherst-based Encharter Insurance Agency by Plymouth Rock …
POSTED OCTOBER 22, 2026 5:00 AM |
UN Warns Major Emissions Cuts Needed to Limit Warming Overshoot
The world can no longer keep global warming below 1.5C and must now focus on minimizing its overshoot, the United Nations said ahead of next month’s COP31 climate talks in Turkey. The US retreat from the fight is making it …
POSTED OCTOBER 22, 2026 5:00 AM |
People Moves: Kaufmann Joins SAGE as SVP
SAGE Program Underwriters hired Ken Kaufmann as a senior vice president. He will help SAGE expand its distribution network, identify new program opportunities and serve as a field underwriter. Kaufmann has more than 10 years of insurance experience with a …
POSTED OCTOBER 22, 2026 5:00 AM |
Cal/OSHA Assesses $212K in Penalties After Fatal California Tunnel Collapse
Cal/OSHA cited two employers with $212,500 following a tunnel collapse near that killed one worker and seriously injured another. The agency said both employers failed to provide adequate ground support to protect employees working in the tunnel in Knights Ferry, …
POSTED OCTOBER 22, 2026 5:00 AM |
Jury Awards $6.8 Million in Nursing Home Understaffing Class Action
After a seven-day trial in Dutchess County, a New York state jury handed down a $6.8 million verdict against a nursing home and its four owners who were accused of chronic understaffing that led to severe patient neglect. The jury …
POSTED OCTOBER 22, 2026 5:00 AM |
Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies
In the long-simmering clash between property insurers and public adjusters, the adjusters now have Florida’s chief law enforcement officer on their side, after state Attorney General James Uthmeier announced his office will investigate anti-public adjuster endorsements in some Florida insurance …
POSTED OCTOBER 21, 2026 4:49 PM |
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