Nike made the announcement days after Pacquiao made comments about how gay people are “worse than animals”, that they would be terminating their endorsement deal with world famous boxer Manny Pacquiao. In a statement, Nike... read more...
Toyota Recalls 2.9M SUV”s Over Seat Belts
Of the 2.9 million SUV’s, more than 1.1 million are in the U.S. due to the possibility of a seat belt failure in a crash. The recall covers RAV4 SUVs from 2005-2014 model years. Toyota... read more
Uber driver arraigned on 6 murder counts
45 year old Jason Dalton was arraigned Monday on six counts of murder, two counts of assault with intent to commit murder and eight felony firearm counts in connection with a shooting spree that left... read more...
Incredibly Captivating, Thriving Captive Insurance Marketplace Spurs Competition Between the States for Business Tax Revenue
All insurance companies are formed pursuant to state law, with captive insurance companies insuring the risk of the company that owns it. Instead of a company buying an insurance policy, they establish an insurance company... read more...
Hospital pays nearly $17G in bitcoins to hackers who disabled computer network
A Los Angeles hospital paid a ransom of nearly $17,000 in bitcoins to hackers who infiltrated and disabled its computer network because paying was in the best interest of the hospital and most efficient way... read more...
Retail sector is most vulnerable to data breaches in California
A recent report found that overall there were 657 data breaches between 2012 and 2015. More than 49 million records of Californians’ personal information were compromised. Of those, the retail sector was the most vulnerable... read more...
831(b) Captives Make IRS Dirty Dozen Tax Scam List
For the second year in a row, 831(b) captive insurers have ended up on the IRS annual Dirty Dozen list of “tax scams.” Although after recent legislative changes, the maximum annual premium contribution has been... read more...
Cavaliers’ Kyrie Irving Gets Apology After Being Bitten By Bedbugs
Hilton Hotels apologized Tuesday after Cleveland Cavaliers guard Kyrie Irving said he was bitten by bedbugs during a weekend stay in downtown Oklahoma City. After playing less than ten minutes in the game against Oklahoma... read more...