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
Category: News
March Madness, Like the Risks Oxford Helps Our Clients Insure Against, is Unpredictable
March Madness, like the risks Oxford helps our clients insure against, can be unpredictable. In 2018, March Madness has had some of the biggest upsets in tournament history. What finally happened? A No. 16 seed... 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
First Inflation Adjustment triggered for 831(b) captives to $2.3M annually in 2018
The first adjustment to the premium limit for 831(b) electing captives in the United States has been triggered, taking it to $2.3m. When the Protecting Americans from Tax Hikes Act of 2015 (PATH Act) was... read more
Giving Back to the Community
This year marked the 15th Anniversary that Ellen and Mike DiMayo co-chaired the Annual Rock ‘N’ Roll Bash, which was held on Saturday, October 28th, 2017. All proceeds from this fundraiser benefit the Casey Cares... read more