Hurricane Would Blow Through Florida Cat Fund’s Reserves. But That May be OK, Report Says August 1, 2024 By William Rabb A report from Moody’s Ratings service contends that one good hurricane this year could wipe out the Florida Cat Fund’s...
CrowdStrike Sued by Shareholders Over Huge Software Outage August 1, 2024 By Jonathan Stempel CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing...
Appian’s $2 Billion Verdict Against Pegasystems Overturned by Appeals Court August 1, 2024 By Blake Brittain Software company Pegasystems convinced a Virginia appeals court on Tuesday to throw out a $2 billion jury verdict for rival...
Man Who Aided Former Adjuster in $268K Auto Insurance Fraud Scheme Sentenced August 1, 2024 A Colorado man who aided a former insurance claims adjuster in an auto insurance claims scheme was sentenced this week....
Study Shows Saharan Dust Plumes Impact Hurricanes in the U.S. August 1, 2024 Giant plumes of Sahara Desert dust that gust across the Atlantic can suppress hurricane formation over the ocean and affect...
Are Captives the Answer for Uninsured HOAs? Utah Opens Door August 1, 2024 By Susanne Sclafane When actuary Greg Fears attended a Western Region Captive Insurance Conference in April, he expected to learn and share information...