Hull and Co

October 21, 2024Former Iowa Insurance Producer Sentenced for Wire Fraud and Money Laundering
William Berg, an insurance producer and former financial advisor from Waukee, Iowa, was sentenced to nine years in prison on Friday after pleading guilty in federal court to wire fraud and money laundering charges. In addition to his prison sentence, …

October 21, 2024Texas Reaches $3.5M Settlement With Marriott Over Customer Data Breach
Texas Attorney General Ken Paxton announced the state has secured a settlement with Marriott International, Inc., that resolves an investigation into a breach of one of the company’s reservation databases. The breach exposed 131 million guest records …

October 21, 2024Murdoch Firms Dow Jones and New York Post Sue Perplexity AI
Media baron Rupert Murdoch’s Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a “massive amount of illegal copying” of their copyrighted work. Perplexity’s search tools enable users to … …

October 21, 2024People Moves: Applied Underwriters Aerospace Names Parker Chairman
Applied Underwriters Aerospace, headquartered in Atlanta, has named Richard Parker as chairman of the Washington, D.C.-based group. Parker has over 35 years of experience in space insurance, satellite engineering and satellite and launch vehicle proc …

October 21, 2024Midwest Chicken Farmers Struggle to Feed Flocks After Closure of Producer
Dozens of farmers in Iowa, Minnesota and Wisconsin are scrambling to feed their flocks after a struggling organic broiler chicken producer abruptly closed a year after getting a $39 million federal loan. Pure Prairie Poultry shuttered its Charles Cit …

October 21, 2024Train Derails in South Louisiana, Causing Chemical Leak
DONALDSONVILLE, La. (AP) — Seventeen cars of a train derailed in south Louisiana on Friday, and several leaked a chemical used to sanitize swimming pools, but authorities said it was not a threat to the public. It was not immediately …

October 21, 2024Cuba Hit by Tropical Storm Oscar as It Struggles to End Blackout
Cuba was dealing with heavy rains and winds today from Tropical Storm Oscar, even as it continues to deal with a prolonged blackout affecting a large swath of the island. According to the U.S. National Hurricane Center, Oscar made landfall …

October 21, 202490% of Insurers Have GenAI Budgets; 10% Can Fully Comply With AI Regs
Data and technology leaders at insurance organizations are gung ho about using GenAI to increase customers satisfaction, reduce operating costs and improve risk management, but few are fully ready to comply with regulations or to monitor AI results. …

October 21, 2024Colorado Mine Where Guide Was Killed, Tourists Trapped Ordered Closed by Regulators
A former Colorado gold mine where a tour guide was killed and a group of tourists was trapped for hours after an elevator accident has been ordered to remain closed and not conduct tours while its operations are reviewed, state …

October 21, 2024FBI Arrests Man Over SEC Hack, Alleging Bitcoin Manipulation
A 25-year-old Alabama man was arrested on Thursday for hacking the U.S. Securities and Exchange Commission’s X account this year as part of an alleged conspiracy to manipulate bitcoin prices, U.S. prosecutors said. In January, a hacker posted false n …