U.S.
Argo Group, Joining Other Carriers, Ends Coverage of Canada’s Trans Mountain Pipeline
Lloyd's insurer Argo Group has decided to stop insuring Canada's Trans Mountain tar sands pipeline when its current insurance policy expires on Aug. 31, 2021, following similar moves by other ...
Insurers’ Worries Over ‘Zombie’ Firms Contribute to Rising Rates: Swiss Re
The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy is among the major concerns prompting insurers to reduce risk and charge higher ...
FBI Recovers Most of Bitcoin Ransom Paid by Colonial Pipeline
The U.S. recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial Pipeline Co. last month in a sign that law enforcement is capable of pursuing online ...
Federal Lawmakers Probing CNA Ransom, Cyber Insurance Payouts
Late last week, federal lawmakers requested information from Chicago-based insurer CNA about a March 21 cyber attack on the company and about a reported $40 million ransom CNA paid to end the ...
Barbershops to Symphony: Judge Nixes Hundreds of Business Interruption Claims
A federal judge in Seattle has dismissed lawsuits filed by hundreds of Washington state businesses seeking insurance coverage for revenues lost because of COVID-19 public health orders. U.S. District ...
‘We Can’t Do It Alone,’ Says White House in Urging Companies to Upgrade Cybersecurity
The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware attacks after intrusions disrupted operations at a major ...
Supreme Court Narrows Reading of Computer Fraud Law in Police Case
A Georgia police officer did not violate federal computer fraud law when he used his patrol car computer to access information on a license plate in exchange for money, even though his action ...
Despite Pandemic, 2020 U.S. Traffic Deaths Highest In 13 Years
Even though Americans drove less in 2020 due to the pandemic, early estimates of crash fatalities from the U.S. Department of Transportation's National Highway Traffic Safety Administration released ...