The state-backed hackers who breached cybersecurity company F5 Inc. broke in beginning in late 2023 and lurked in the company’s systems until being discovered in August of this year, according to people who were briefed by F5 about the incident. …
Charges Dropped Against Owner of Dog Found Left Behind in Hurricane Milton
Criminal charges have been dropped against a Florida man who authorities said abandoned his tied-up dog in floodwaters near a highway as residents evacuated Florida’s Gulf Coast last year shortly before Hurricane Milton made landfall. The case led to legislation …
Florida, Alabama Hold Hearings on NCCI Workers’ Comp Rate Decreases
The National Council on Compensation Insurance is again recommending a reduction in workers’ compensation rates in Florida and Alabama, and regulators in both states have scheduled public hearings about the proposed changes. In Alabama, the NCCI recently called for a …
Debt Collector Adds Subrogation Recovery for Insurers in Florida and Other States
A debt collection agency announced it has launched a subrogration recovery service for insurance companies in Florida and other states. Southwest Recovery Services, a 21-year-old company with offices in Texas, Florida, Georgia and other areas, said the new program is …
Proxy Adviser ISS Urges Vote Against Musk’s $1 Trillion Package
Tesla’s proposed $1 trillion pay package for CEO Elon Musk came under fresh scrutiny on Friday, with proxy adviser ISS urging shareholders to reject what might be the largest-ever compensation plan awarded to a company chief. This is the second …
LA County Reaches New $828 Million Deal With Abuse Victims
Los Angeles County reached a tentative agreement to pay an additional $828 million to victims of childhood sexual abuse who filed lawsuits under a 2019 state law that raised the statute of limitations for such cases. The settlement addresses 400 …
People Moves: Physicians Insurance A Mutual Company Names Carlson President, CEO
Physicians Insurance A Mutual Company appointed David Carlson as president and CEO. The PI appointment is effective November 1. Dr. Carlson succeeds William Cotter, who is retiring from the organization after a 35-year career. Carlson is a physician executive with …
Bringing People and Artificial Intelligence Together to Mitigate Risk
Artificial Intelligence (AI) is a valuable resource in today’s economy with the potential to reap great rewards in many avenues of business. However, as with any developing technology, it comes with new challenges. In a recent study by The Hartford, …
J&J Must Pay $966M After Jury Finds Company Liable in Talc Cancer Case
A Los Angeles jury ordered Johnson & Johnson to pay $966 million to the family of a woman who died from mesothelioma, finding the company liable in the latest lawsuit alleging its baby powder products cause cancer. The family of …
California Police Pulled Over A Waymo for An Illegal U-Turn, But They Couldn’t Cite
Police in Northern California were understandably perplexed when they pulled over a Waymo taxi after it made an illegal U-turn, only to find no driver behind the wheel and therefore, no one to ticket. The San Bruno Police Department wrote …