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Zoom Offers $18 Million to Settle SEC Privacy Probe From 2020
Insurance Journal | December 2, 2024
Zoom Offers $18 Million to Settle SEC Privacy Probe From 2020
Zoom Communications Inc. has offered $18 million to settle a four-year-old US Securities and Exchange Commission probe related to its privacy policies and communications. In the most recent quarter, the company recorded an $18 million expense for a “tentative settlement …
Microsoft Faces Wide-Ranging Antitrust Probe
Insurance Journal | December 2, 2024
Microsoft Faces Wide-Ranging Antitrust Probe
The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter said on Wednesday. The probe was approved by FTC Chair Lina Khan …
Best Agency to Work For – Southeast Silver Winner: Energy Insurance
Insurance Journal | December 2, 2024
Best Agency to Work For – Southeast Silver Winner: Energy Insurance
The president of Energy Insurance Agency, an operation with a large presence in Kentucky, said it is “incredibly humbling” for the agency to again be named one of Insurance Journal’s Best Agencies to Work For in the Southeast. “This recognition …
Alleged Snowflake Hacker ‘Danger’ to the Public
Insurance Journal | December 2, 2024
Alleged Snowflake Hacker ‘Danger’ to the Public
The man accused of carrying out cyberattacks against dozens of Snowflake Inc. customers will face an extradition hearing later this year, after Canadian officials accused him of cybercrimes and being “a risk of danger to the public, police and himself.” …
Best Agency to Work For – East Silver Winner: Deland, Gibson
Insurance Journal | December 1, 2024
Best Agency to Work For – East Silver Winner: Deland, Gibson
Investing in Employees Is a Priority at Deland, Gibson As Deland, Gibson Insurance Associates Inc. (DG) approaches its 125-year anniversary, the Massachusetts-based independent agency is expanding its footprint and revenue. DG is also continuing its tradition of treating employees right. …
Lawsuit Seeks OSHA Records on Deaths of 3 Amazon Workers
Insurance Journal | November 27, 2024
Lawsuit Seeks OSHA Records on Deaths of 3 Amazon Workers
A worker activist has sued the Department of Labor (DOL) to force the release of records surrounding the deaths of three workers at New Jersey Amazon workplaces in 2022. The lawsuit says DOL’s Occupational Safety and Health Administration (OSHA), which …
Cyberattacks Cost UK Businesses £44 Billion During Past 5 Years, Howden Survey
Insurance Journal | November 27, 2024
Cyberattacks Cost UK Businesses £44 Billion During Past 5 Years, Howden Survey
Cyberattacks cost UK businesses approximately £44 billion (US$55.3 billion) in lost revenue over the past five years, according to research published by Howden, the London-based insurance intermediary group. Half of those businesses (52%), or 1.3 million private sector companies, have …
Louisiana Gov. Landry Raises Concerns Over $3B Coastal Restoration Project
Insurance Journal | November 27, 2024
Louisiana Gov. Landry Raises Concerns Over $3B Coastal Restoration Project
NEW ORLEANS (AP) — Louisiana Gov. Jeff Landry raised serious objections Thursday to a $3 billion project long hailed as key to restoring the state’s eroding coastline, decrying the growing cost and predicting dire harm to a coastal culture dependent …
Wisconsin Man Charged With Crop Insurance Fraud
Insurance Journal | November 27, 2024
Wisconsin Man Charged With Crop Insurance Fraud
A Wisconsin man has been charged with defrauding the Federal Crop Insurance Program, the U.S. Attorney’s Office for the Western District of Wisconsin announced. Lance G. Meier, 52, Ogema, is charged with defrauding the federal crop insurance program. The indictment …
Virginia Seeks $4.4 Billion Additional Federal Aid for Hurricane Helene Recovery
Insurance Journal | November 20, 2024
Virginia Seeks $4.4 Billion Additional Federal Aid for Hurricane Helene Recovery
Citing the devastating impacts of Hurricane Helene in southwest Virginia, Governor Glenn Youngkin submitted a request to President Joseph Biden, President-elect Donald Trump and Congressional appropriators for $4.4 billion in federal support. Youngkin said the aid is needed to support …