EU Privacy Regulator Fines Meta €91M Over Password Storage in GDPR Violation
The lead European Union privacy regulator fined social media giant Meta 91 million euros ($101.5 million) on Friday for inadvertently storing some users’ passwords without protection or encryption. The inquiry was opened five years ago after Meta notified Ireland’s Data …
Tata iPhone Component Plant in India Halts Production Indefinitely After Fire
Production will remain suspended indefinitely at a Tata Electronics plant in southern India that makes Apple iPhone components after a fire at the weekend, officials said on Monday as they acted to prevent further damage from the blaze. “We have …
Acquisition of UK’s Specialist Risk Group Completed by Warburg Pincus and Temasek
Specialist Risk Group (SRG), the London-based specialist insurance intermediary, announced that its acquisition by Warburg Pincus, a global growth investor, and Temasek, the Singapore-based investment company, has been completed. With the necessary regulatory approvals now received, the partnership marks a …
Climate Change, Extreme Weather Bring Challenges to Chablis Wine Country in France
On a brisk late September morning in the heart of Chablis wine country, grape pickers haul large and heavy buckets over their shoulders, drenched in sweat as they climb the very steep slope of the Vau de Vey vineyard. It’s …
Real Estate MGA Ventis Launches in Ireland
Ventis, the London-based commercial and residential real estate managing general agent, has expanded into Ireland, continuing its mission to deliver client service and capacity to brokers in the underserved middle of the property market. Ventis’ capacity will be distributed through …
Powerful Typhoon Krathon Forecast to Hit Taiwan’s Populated West Coast
Taiwan issued a warning on Monday ahead of the arrival of Typhoon Krathon, which has strengthened into the equivalent of a Category 4 hurricane and is expected to cross the densely populated west coast bringing torrential rain and strong winds. …
Cloudflare Denies Hosting Sites Linked to Data Leak at India’s Star Health
U.S. software firm Cloudflare has denied any role in hosting two websites run by a hacker offering for sale stolen personal data and medical records of customers of top Indian insurer Star Health. The statement comes after the company was …
Zombie Tanker Turns Up at Northern Chinese Port Laden With Oil
Singapore-flagged oil tanker EM Longevity made its final voyage almost three years ago, after more than two decades at sea. Earlier this month, ship-tracking data showed it arriving at a Chinese port, loaded with crude and ready to discharge. With …
Helene Dumps Rain on Millions of US Homes That Lack Flood Insurance
On Thursday night Helene crashed into Florida’s coast as a Category 4 hurricane. The giant storm with 140-mile-per-hour winds made landfall close to where Hurricane Debby hit in August and where Idalia struck just over a year ago. It quickly …
Scammers Pose as Political Activists to Play on Partisan Divide
Hackers are exploiting the partisan divide in the US to lure Americans into clicking on phishing emails, according to new research. An “extensive and coordinated” phishing campaign was identified in July and August in which the hackers sent emails that …
Toyota, Mazda, Mercedez-Benz Issue Recalls, NHTSA Says
Toyota Motor Corp is recalling over 42,000 U.S. vehicles over loss of power brake assist that can extend the distance required to stop, the National Highway Traffic Safety Administration said on Friday. The recall affects certain 2023-2024 Corolla Cross Hybrid …
Cargo Carriers Fear Port Strike Will Paralyze Half of US Trade
The world’s top container carrier is urging customers to move US cargo through East and Gulf Coast ports before the planned start on Tuesday of a dockworker strike that threatens to paralyze as much as half the nation’s seaborne trade …
Florida Storm Surge Swamps Nuclear Plant, Pro Golfer’s Home, Many More
Hurricane Helene’s storm surge along Florida’s western edges is being called the most devastating since 1921, responsible for destroying or heavily damaging hundreds of homes and businesses in the area. One of those homes belonged to pro golfer John Daly, …
Florida Suspends Doctor’s License After Fatal Surgery That Removed Wrong Organ
A Florida surgeon’s license was suspended last week after he reportedly removed the wrong organ from a patient, leading to the man’s death. Dr. Thomas Shaknovsky, working at Ascension Sacred Heart Emerald Coast Hospital near Fort Walton Beach, made repeated …
Jury Awards $2.78 Million to Nanny Over Hidden Camera in Bedroom
A jury has awarded $2.78 million to an au pair whose employer used a hidden camera to videotape her while she slept in their New York City home. The jury in Brooklyn federal court ordered Michael and Danielle Esposito to …
House Explosion That Killed 2 Linked to Propane System, Fire Officials Say
A propane system is believed to have been the source of a massive explosion that killed two people and destroyed a house in the Pittsburgh area near the Ohio River earlier this year, authorities said. A spokesperson for the Allegheny …
Inszone Acquires ISU Francis-Pinney Insurance Services in California
Inszone Insurance Services acquired ISU Francis-Pinney Insurance Services Inc. in California. ISU Francis-Pinney Insurance Services evolved through several mergers, including All-Cal Insurance and the John A. Francis Agency. Sacramento, California-based Inszone is an insurance brokerage firm that provides property/casualty insurance …
Hollywood Car Stunts Turn Into Real Crimes With Street Takeovers
California, the birthplace of hot rod culture and televised police chases, is cracking down on a surge in deadly street takeovers. Often organized through social media, these chaotic events — also known as sideshows — have transformed quiet streets into …
People Moves: AXA XL Promotes Flanagan to Lead P&C Bermuda; Intangic Names Cryer as Dir. of Client Solutions; Dale Names Daniel Head of Global Property Reinsurance
This edition of International People Moves details appointments at AXA XL Bermuda, the MGA Intangic, and the Lloyd’s insurer Dale Underwriting Partners. A summary of these new hires follows here. AXA XL Promotes Flanagan to Head of P&C Bermuda AXA …
Louisiana Fortify Homes Program Doubles Grants as Registrants Surge
Louisiana Insurance Commissioner Tim Temple said the number of grants has doubled for the latest round of the Louisiana Fortify Homes Program due to high volume of registrants. Temple increased the number of grants this round from 300 to 600 …
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