- Banner Health suffers massive cyberattack
Banner Health is contacting 3.7 million individuals whose personal information may have been accessed in a cyberattack that started on systems that process credit card payments for food and beverage purchases at Banner locations.
- Fed penalizes Goldman Sachs for use of confidential information
(Reuters) — The U.S. Federal Reserve Board said on Wednesday it had ordered Goldman Sachs Group Inc. to pay a $36.3 million civil penalty for the unauthorized use and disclosure of confidential information.
- Former California insurance commissioner passes at 94
Former California Insurance Commissioner Wesley Kinder, 94, of La Habra, California, died on July 25.
- Managing general agency buys natural resources wholesaler
Totten Insurance Group said Wednesday it has acquired the shares of Canadian Resources Insurance Solutions Inc.
- Construction firms owe misclassified workers millions in back wages, damages
Two interrelated Massachusetts construction firms have been ordered to pay $2.4 million in back wages and liquidated damages to 478 employees for misclassifying most of them as independent contractors to avoid paying overtime and other benefits, the U.S.
- Hub International names Midwest execs
Hub International Ltd. on Tuesday said it has appointed executives to lead the national staffing and specialty practices for its Midwest region.
- Political risk insurance binder launched
Talbot Underwriting Services (US) Ltd., a wholly owned subsidiary of Validus Holdings Ltd., has launched a New York-based political risk insurance binding authority.
- Swiss Re to reinsure Chinese agricultural risks
Swiss Re Ltd. on Wednesday said it had entered into a reinsurance protection program with the Sunlight Agriculture Mutual Insurance Co.
- Policy combines cyber and professional liability coverage
Allianz Global Corporate & Specialty S.E., Allianz S.E.’s specialist corporate insurer unit, said Wednesday that it has launched a cyber and professional liability coverage product for North America.