May 11, 2021


Legal cannabis sales hit record high

Legal cannabis sales in the US have hit a record high, according to a new report from specialist insurance intermediary New Dawn Risk.

Since the publication of New Dawn Risk’s previous report last year, US sales of medical and recreational cannabis have skyrocketed, hitting $17.5 billion in 2020 – a 46% increase from 2019. In addition, the pro-cannabis Biden administration and a Democratic majority in both houses of Congress have transformed the legislative landscape.

A new Clarifying Law Around Insurance of Marijuana (CLAIM) Act has been introduced in the Senate, alongside the parallel SAFE Banking Act. Both pieces of legislation

Read More

Man hit with almost $90,000 bill after serious car accident despite having insurance

When Mark Gottlieb was hit by another car while driving in January of 2019, he damaged four vertebrae and smashed several teeth.

“A car basically came out of nowhere. I thought I was going to die,” he told, “CBS This Morning.”

His Geico Car Insurance plan covered $250,000 of medical care. After physical therapy and other treatments that Geico covered, Gottlieb needed spinal surgery. He didn’t pre-clear the surgery with his medical insurer, Aetna, because he thought he would be covered by the money left in his Geico plan. But the hospital and surgeon’s bills totaled over $700,000.

“It was

Read More

No 10 race report authors hit out at ‘deeply personal’ criticisms | Race

The authors of the government’s contentious racial disparity report have responded to the widespread criticism of its findings, saying “deeply personal attacks” by politicians and other public figures are “irresponsible and dangerous”.

The Commission on Race and Ethnic Disparities said its conclusions had been misrepresented, with some depicting them as “racism deniers, slavery apologists or worse”.

It cited a tweet from a Labour MP who posted a photo of a Ku Klux Klan member in response to a headline that said the commission found “no evidence of institutional racism” on Wednesday. Clive Lewis had captioned the image: “Move along. Nothing

Read More

Insurance giant CNA hit by new Phoenix CryptoLocker ransomware

Insurance giant CNA has suffered a ransomware attack using a new variant called Phoenix CryptoLocker that is possibly linked to the Evil Corp hacking group.

This week, BleepingComputer reported that CNA had suffered a cyberattack impacting their online services and business operations.

CNA website outage caused by the ransomware attack
CNA website outage caused by the ransomware attack

Soon after we reported on the attack, CNA issued a statement confirming that they had suffered a cyber attack last weekend.

“On March 21, 2021, CNA determined that it sustained a sophisticated cybersecurity attack. The attack caused a network disruption and impacted certain CNA systems, including corporate email,” CNA disclosed

Read More

Man arrested for fatal Metairie hit & run had no insurance

59-year-old Edward Williams of Metairie was driving without insurance and left the scene of the accident that killed 53-year-old Roger Williams, also from Metairie.

METAIRIE, La. — Police officers have arrested a man in connection with a Metairie hit and run that killed a man on March 18, a police statement said.

59-year-old Edward Williams of Metairie was driving without insurance and left the scene of the accident that killed 53-year-old Roger Williams, also from Metairie.

He was booked into the Jefferson Parish Correctional Center on a felony hit and run charge, as well as driving without insurance.

The Louisiana

Read More

Global Business Seen Facing $53 Billion Hit From Deforestation


Analysts Say ‘Buy the Pullback’ in These 3 Stocks

The savvy investor knows that the best time to buy is when a stock is priced low – it’s just the old game of ‘buy low and sell high,’ the age-old advice on how to make money. But with the S&P at near record levels, it’s hard to tell when a stock is priced low. The key is just to take them as individuals. The stock market is the world’s greatest real-time experiment in averaging over large mass numbers. The markets as a whole can go up, while a few

Read More