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EU Insurers, Banks Face Tougher Rules on Use of Cloud Computing Giants
Financial firms in the European Union will have to show how quickly they could recover from a cyber attack as they rely more for key services on “cloud computing” giants such as Amazon, Microsoft, Google and IBM, the EU said …
POSTED NOVEMBER 29, 2022 9:00 AM |
Google Play Fee Suit by Consumers Grows to 21 Million Users
Google now faces more than 21 million customers, instead of just a handful, in a lawsuit alleging its app store collects exorbitant fees. A federal judge exponentially increased the Alphabet Inc. unit’s damages exposure by granting class-action status Monday in …
POSTED NOVEMBER 29, 2022 7:32 AM |
It’s On: Florida Special Session on Insurance Slated for Dec. 12-16
It hasn’t been made official by the governor’s office, but Florida legislative leaders have set a date for a second special session to tackle property insurance issues – Dec. 12 through Dec. 16. Memos from newly sworn Senate and House …
POSTED NOVEMBER 29, 2022 6:02 AM |
After Fire, School Employee Charged in Connection with Falsified Alarm Inspections
When an elementary school in Durham, North Carolina, caught fire in the middle of the night last April, officials found it strange that the alarm did not sound or alert the local fire department. It turned out that inspections of …
POSTED NOVEMBER 29, 2022 6:01 AM |
Four Florida Cities in Top 10 Most Dangerous for Pedestrians, Affecting Insurance Costs
Six of the top 10 most dangerous cities for pedestrians are in the Southeast and four of those are in Florida, according to a report from an advocacy group that works for better planning and safer transportation designs. And the …
POSTED NOVEMBER 29, 2022 6:01 AM |
Hurricane Ian Runoff May Be Worsening Red Tide on Florida’s SW Coast
Scientists are saying a red tide bloom that’s lingered along the coast for a few weeks is now being fed by nutrients running off the landscape in the wake of Hurricane Ian. Red tide (Karenia brevis) is a naturally occurring …
POSTED NOVEMBER 29, 2022 6:01 AM |
Viewpoint: California Regulatory System Hurting Independent Agents and Their Clients
Millions of California insurance consumers are being adversely affected and incurring higher costs of insurance due to the malfunctioning insurance regulatory system in California. Moreover, the broken regulatory environment is undermining, and in some cases, threatening to destroy, independent insurance …
POSTED NOVEMBER 29, 2022 6:00 AM |
Parents Sue Carmaker Over Crash of Stolen Kia That Killed 4
BUFFALO, N.Y. (AP) — A 16-year-old accused of driving a stolen SUV involved in a high-speed crash that killed four teenage passengers was arraigned Tuesday on manslaughter and other charges. The parents of two of those killed, meanwhile, have filed …
POSTED NOVEMBER 29, 2022 6:00 AM |
California Commissioner Issues Moratorium on Homeowners Insurance Cancellations in L.A. and Kern Counties
California Insurance Commissioner Ricardo Lara ordered insurance companies to preserve residential insurance coverage following Gov. Gavin Newsom’s Nov. 19 emergency declaration. The commissioner’s bulletin shields policyholders within the wildfire perimeter of the Route Fire and in adjacent ZIP codes from …
POSTED NOVEMBER 28, 2022 8:57 PM |
Proposed Settlement Bars Financing Firm From Victim Compensation Funds
The federal Consumer Financial Protection Bureau (CFPB) and the New York attorney general have resolved years-long claims of deceptive practices in connection with cash advances offered to people on their settlement payouts from victim-compensation funds. Under the settlement, RD Legal …
POSTED NOVEMBER 28, 2022 4:37 PM |
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