Basketball Hall of Fame and Chubb Insurer Hit the Court Over D&O Coverage

The Basketball Hall of fame (BHoF) is suing Chubb Group subsidiary Federal Insurance Co. to have the insurer defend and indemnify it in a case accusing it of attempting to unlawfully secure funds for renovations to its facility. In 2019, the Springfield, Mass. nonprofit purchased a Federal directors and officers (D&O) liability insurance policy with…

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FBI warns hackers are using fake crypto apps to defraud investors

  FBI warns hackers are using fake crypto apps to defraud investors The FBI has issued a public warning about fraudulent cryptocurrency investment apps after hackers posing as legitimate services stole tens of millions of dollars from U.S. investors. In an advisory published on Monday, the law enforcement agency said hackers have been posing as legitimate cryptocurrency investment organizations in…

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5 Mistakes Life Insurance Mistakes That You Should Avoid

5 Mistakes Life Insurance Mistakes That You Should Avoid Some Life Insurance Advice to Consider There are many good reasons to consider buying a life insurance policy, such as a recent marriage, a new baby, or taking on a large debt (like a house) loved ones would have trouble paying off if something happened to you. Or perhaps…

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