A majority of Singapore residents view measures in the latest annual budget as inadequate to help them cope with rising costs of living, according to a new poll. Among 1,002 adults surveyed by Singapore-based Milieu Insight, 55 per cent said the budget’s nearly S$124 billion (US$92.8 billion) in spending that includes shopping vouchers and aged … Read more
Editor’s note: This story has been updated with new AccuWeather total loss estimates. With aerial firefighting returning as strong Southern California winds died down for a bit, damage assessments from a handful of destructive Los Angeles area blazes are sure to become clearer—likely pushing up billion-dollar-plus insured loss estimates put forth from fires that are … Read more
December 26, 2024 Brown, Goldstein & Levy is proud to announce that Super Lawyers has honored 17 of our attorneys on their 2025 lists. This year, nine attorneys have been named Maryland Super Lawyers and eight have been selected as Maryland Rising Stars. Eve Hill, Greg Care, Dana McKee, Sharon Krevor-Weisbaum, and Jessie Weber have … Read more
The landscape of risk is undergoing a dramatic transformation, becoming increasingly complex, frequent, and unpredictable. This new reality demands a fundamental shift in how businesses and insurers approach risk assessment and management, according to a white paper by Majesco on trends shaping insurance in 2025. Insurance operational costs are increasing, growth is limited, and profitability … Read more
Ransomware attacks against utilities organizations have increased by 42% over the past year, with 81% of all attacks against the utilities sector involving spearphishing, a report by ReliaQuest published Tuesday revealed. In a study conducted between November 2023 and October 2024, ReliaQuest researchers analyzed customer alerts from its GreyMatter security operations platform along with dark … Read more
