The Dow Jones Industrial Average sank about 500 points, shortly after markets opened yesterday, as China’s retaliatory tariffs on American goods pummeled stocks around the world. Beijing’s tariffs would place 25% duties on major American... read more
Posts By: Mike DiMayo
Tesla Recalls 123,000 Model S Cars
Tesla is voluntarily recalling about 123,000 Model S sedans globally after discovering that certain corroding bolts in cold-weather climates could lead to a power steering failure.... read more
Texas Towing Company Owner Convicted of Insurance Fraud
The former owner of a Texas towing company was convicted of fraud in Houston after buying insurance coverage after a wreck and then filing a claim with the wrong date, the Texas Department of Insurance... read more...
For U.S. Doctors, Being Sued is Common Ailment
According to a March 7th Insurance Journal article, getting sued is not an uncommon event for physicians. More than a third of physicians (34%) have had a claim filed against them at some point in... read more...
Equifax says insurance covers $75M in breach costs
Equifax announced it expects $275M in costs in 2018 related to the credit reporting company’s massive data breach last year offset by $75M in insurance proceeds.... read more
The U.S. Justice Department announced one of its largest-ever takedowns of a global cyber crime ring
(Reuters) – The U.S. Justice Department announced one of its largest-ever takedowns of a global cyber crime ring, saying it had indicted 36 people accused of trafficking in stolen identities and causing more that $530... read more...
Oxford announces Susan Euteneuer, Esq. joins the firm as General Counsel and Chief Compliance Officer
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Oxford announces Paul Francisco CLU, ChFC, ACI as new Chief Operating Officer
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