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• Former Iowa Insurance Producer Sentenced for Wire Fraud and Money Laundering October 21, 2024
  William Berg, an insurance producer and former financial advisor from Waukee, Iowa, was sentenced to nine years in prison on Friday after pleading guilty in federal court to wire fraud and money laundering charges. In addition to his prison sentence, …
• Texas Reaches $3.5M Settlement With Marriott Over Customer Data Breach October 21, 2024
  Texas Attorney General Ken Paxton announced the state has secured a settlement with Marriott International, Inc., that resolves an investigation into a breach of one of the company’s reservation databases. The breach exposed 131 million guest records pertaining to customers …
• Murdoch Firms Dow Jones and New York Post Sue Perplexity AI October 21, 2024
  Media baron Rupert Murdoch’s Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a “massive amount of illegal copying” of their copyrighted work. Perplexity’s search tools enable users to …
• People Moves: Applied Underwriters Aerospace Names Parker Chairman October 21, 2024
  Applied Underwriters Aerospace, headquartered in Atlanta, has named Richard Parker as chairman of the Washington, D.C.-based group. Parker has over 35 years of experience in space insurance, satellite engineering and satellite and launch vehicle procurement. Before joining Applied Underwriters, he …
• Midwest Chicken Farmers Struggle to Feed Flocks After Closure of Producer October 21, 2024
  Dozens of farmers in Iowa, Minnesota and Wisconsin are scrambling to feed their flocks after a struggling organic broiler chicken producer abruptly closed a year after getting a $39 million federal loan. Pure Prairie Poultry shuttered its Charles City, Iowa, …
• Train Derails in South Louisiana, Causing Chemical Leak October 21, 2024
  DONALDSONVILLE, La. (AP) — Seventeen cars of a train derailed in south Louisiana on Friday, and several leaked a chemical used to sanitize swimming pools, but authorities said it was not a threat to the public. It was not immediately …
• Cuba Hit by Tropical Storm Oscar as It Struggles to End Blackout October 21, 2024
  Cuba was dealing with heavy rains and winds today from Tropical Storm Oscar, even as it continues to deal with a prolonged blackout affecting a large swath of the island. According to the U.S. National Hurricane Center, Oscar made landfall …
• 90% of Insurers Have GenAI Budgets; 10% Can Fully Comply With AI Regs October 21, 2024
  Data and technology leaders at insurance organizations are gung ho about using GenAI to increase customers satisfaction, reduce operating costs and improve risk management, but few are fully ready to comply with regulations or to monitor AI results. More than …
• Colorado Mine Where Guide Was Killed, Tourists Trapped Ordered Closed by Regulators October 21, 2024
  A former Colorado gold mine where a tour guide was killed and a group of tourists was trapped for hours after an elevator accident has been ordered to remain closed and not conduct tours while its operations are reviewed, state …
• FBI Arrests Man Over SEC Hack, Alleging Bitcoin Manipulation October 21, 2024
  A 25-year-old Alabama man was arrested on Thursday for hacking the U.S. Securities and Exchange Commission’s X account this year as part of an alleged conspiracy to manipulate bitcoin prices, U.S. prosecutors said. In January, a hacker posted false news …