May 23, 2025
Cetus Protocol, a decentralized crypto exchange and key liquidity provider on the Sui blockchain, said it lost approximately $223 million in a security breach. The project confirmed the incident in a post on X, formerly Twitter, stating that its smart Read more…
A European official said on Thursday that the United States is “not convinced” about lowering the Group of Seven nations (G7) price cap on Russian crude oil. The European Union has proposed revising the cap down to an indicative level Read more…
On April 21, 2025, Georgia lawmakers enacted sweeping tort reform through Senate Bills 68 and 69, signaling a significant recalibration of the state’s civil litigation framework. While proponents claim these reforms will reduce “frivolous lawsuits” and lower insurance costs, the Read more…
The former manager of the Harvard Medical School Morgue this week pled guilty to interstate transport of stolen human remains. Acting U.S. Attorney Attorney John Gurganus in Pennsylvania reported that Cedric Lodge, of Goffstown, New Hampshire, admitted that, from 2018 Read more…
A Mexican navy tall ship’s fatal collision with the Brooklyn Bridge on Saturday highlighted a hazard that has worried seafarers for nearly 150 years. Even before construction on the bridge was finished in the late 19th century, the topmast of Read more…
A Massachusetts man has agreed to plead guilty to hacking cloud-based education software provider PowerSchool and stealing data pertaining to millions of students and teachers that hackers used to extort the company and school districts into paying ransoms. Matthew Lane, Read more…
Big I New York, the trade association for independent insurance agents in New York, elected Kelly Gonyo as chair of the board for the 2025–2026 term. Gonyo is the founder and president of Blue Line Insurance Agency, headquartered in Lake Read more…
A recent survey of Pacific Northwest drivers reveals a disconnect between self-perception and well they think other drivers are doing, particularly concerning speeding in residential neighborhoods. Nearly all (87%) of respondents in a poll conducted by PEMCO Mutual Insurance of Read more…
The Independent Insurance Agents and Brokers of America celebrated a “significant victory” for independent agents with the passage of a sweeping tax bill this week by the House of Representatives. The so-called “Big Beautiful Bill” of tax reform makes much Read more…
The future of underwriting will be built on closer relationships between carriers and insurance agents, with carriers working hand-in-hand with agencies to maximize profits from books of business. That was the word from Chad Combs, vice president of personal lines Read more…