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Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY

by lpiccitto | Jul 9, 2025 | Uncategorized

Bridging Finance Inc.’s receiver is suing Ernst & Young LLP for C$1.4 billion ($1 billion), alleging the auditor failed to detect fraud and misstatements that contributed to the Toronto private lender’s collapse. In a claim filed with Ontario’s Superior Court...

Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients

by lpiccitto | Jul 9, 2025 | Uncategorized

Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its pre-loss services for UK Cyber360 policyholders. These new offerings include a complimentary one-hour call with an experienced cyber and data risk lawyer from Markel Law...

Online Ticket Seller to Pay $85K for Violating Connecticut’s New Data Privacy Law

by lpiccitto | Jul 9, 2025 | Uncategorized

Connecticut Attorney General William Tong announced a settlement with TicketNetwork, Inc. as a result of an investigation into violations of the Connecticut Data Privacy Act. Under the settlement, TicketNetwork has agreed to comply with the requirements of the CTDPA,...

Three Killed in Houthi Attacks on Cargo Ships, One Vessel Sinks, in Red Sea

by lpiccitto | Jul 9, 2025 | Uncategorized

Houthi attacks on cargo ships in the Red Sea killed three crew members, sank one vessel, and left a second without propulsion in signs the Tehran-backed group is once again escalating assaults in the vital trade route. The attacks resulted …

UK Companies Should Have to Disclose Major Cyberattacks, M&S Says

by lpiccitto | Jul 9, 2025 | Uncategorized

British businesses should be legally required to report material cyberattacks to the authorities, the chairman of retailer Marks & Spencer said on Tuesday, claiming two recent major attacks on large UK firms had gone unreported. Giving evidence to lawmakers on...

People Moves: LP Insurance Services Names Rossi Executive Chairman, Cushard CEO and President

by lpiccitto | Jul 9, 2025 | Uncategorized

Rossi Named Executive Chairman, Cushard Named CEO and President at LP Insurance Services LLC LP Insurance Services LLC named Founder and CEO Nick Rossi as executive chairman. Rossi, who founded the company in 2010, will maintain a role supporting client …
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