County commissioner desires Halbert to step down; emails present effort to shut Poplar Plaza lease deal

County commissioner desires Halbert to step down; emails present effort to shut Poplar Plaza lease deal

MEMPHIS, Tenn. — A Shelby County Commissioner is asking County Clerk Wanda Halbert to step down after emails obtained by WREG Investigators present her lease at one satelite workplace lease about to run out and one other referred to as into query.

Emails from September 2022 obtained by means of a county authorities supply with data of the matter present the director of property administration for Finard Properties reaching out to Halbert, letting her know her choices for the Whitehaven and Poplar Plaza satellite tv for pc workplaces.

The satellite tv for pc areas deal with titling and license registration. Each had leases that wanted to be labored out.

In response to these emails, the property supervisor continued to comply with up two extra occasions after which in January, he wrote, “We haven’t spoken shortly,” and says he’s attempting “to be approach out entrance of issues,” reminding her they’d not be renewing her Poplar Plaza lease in June.

“Our purpose is to not lose you as our tenant,” he wrote, however mentioned if they’ll’t comply with a brand new location, “the inconvenience to the residents will likely be quite a few.”

A staffer from Halbert’s workplace responded with some questions and reminded him, that is “high precedence.”

However as of March 21, the emails state a brand new area for Poplar Plaza has but to be hashed out. It’s unclear if Halbert is engaged on one other location.

Emails additionally state that the Whitehaven location’s lease has been expired for over a 12 months, and is month-to-month.

In response to the emails, Commissioner Mick Wright is asking for Halbert to resign, saying partially she’s ignored deadlines to seek out substitute areas, “in addition to workplace closures, delays, lengthy strains, mailing issues, accounting difficulties, communications gaps, intra governmental disputes and a rising checklist of runresolved complaints, the residents have misplaced religion.” 

Wright mentioned it’s “time for brand new management.”

It was the same story in 2020, when WREG Investigators first informed you concerning the Germantown branch that ended up closing.

The property supervisor of that location informed us then they tried to work with Halbert, extending the lease seven and a half months till in the end, they needed to kick her out for the brand new tenant.

Halbert blamed it on issues with the contract, and miscommunication.

She additionally mentioned she deliberate on opening an even bigger and higher workplace, however that hasn’t occurred.

The Shelby County Fee has requested Halbert seem in entrance of the fee Wednesday.

Halbert responded to WREG by e mail on Tuesday, saying, “We’re assembly with Fee tomorrow at 12:00 and we will likely be discussing the area.  Prepping the packets for the general public and Fee now.”

We reached out to the property supervisor a number of occasions Tuesday, however haven’t but heard again.

Shelby County Mayor Lee Harris final week threatened to investigate Halbert for dereliction of duty if she didn’t discover a new location for the East Memphis department by Friday. The mayor’s workplace has but to answer our emails on the subject.

Halbert despatched a letter to the fee in response to the mayor’s risk of an investigation.

Halbert was re-elected to her position as County Clerk final 12 months.

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Brad Pitt Sells Unbelievable Hollywood Hills Property for $39 Million

Brad Pitt Sells Unbelievable Hollywood Hills Property for $39 Million

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The highest cyber insurance coverage firms within the US

The highest cyber insurance coverage firms within the US

To present you an outline of the completely different ranges of protection out there, Insurance coverage Enterprise lists the highest cyber insurance coverage firms within the US on this article. In the event you’re searching for a cyber insurance coverage supplier that may cater to the distinctive protection wants of what you are promoting, this piece can provide you dependable choices.  

High cyber insurance coverage firms within the USA 

1. Chubb 

Direct written premiums: $473.1 million 

Market share: 9.8% 

Swiss business big Chubb isn’t solely the highest cyber insurer within the US, additionally it is among the largest insurance companies in the world. Its nation headquarters is in Whitehouse Station, New Jersey. 

Chubb gives three merchandise beneath its cyber insurance portfolio. These are: 

  1. Cyber Enterprise Threat Administration (Cyber ERM): Designed for companies that deal with or handle delicate buyer or worker information, third-party company info, or pc networks, this coverage gives customizable coverages to swimsuit every enterprise’s distinctive wants and publicity. Among the many kinds of companies that profit from Cyber ERM are these in healthcare, retail, and monetary providers. 
  2. DigiTech Enterprise Threat Administration (DigiTech ERM): Designed for firms that supply digital expertise providers resembling pc and IT consulting, software program and app improvement, and information processing. 
  3. Integrity+: Offers normal legal responsibility and first-party cyber protection for a spread of errors and omissions (E&O), media, information safety and privateness, and mental property infringement points. Goal shoppers embody tech, manufacturing, life sciences, and clear tech companies, in addition to federal authorities contractors. 

2. Fairfax Monetary 

Direct written premiums: $436.4 million 

Market share: 9.0% 

Toronto-based monetary holding agency Fairfax Monetary gives a spread of property and casualty insurance coverage and reinsurance merchandise, in addition to funding and insurance coverage claims administration providers. The business behemoth gives cyber insurance coverage insurance policies to US companies by way of its a number of subsidiaries, together with: 

  • Allied World: Offers as much as $25 million mixture restrict and no minimal premiums.  
  • Brit Insurance coverage: Covers authorized charges, forensic investigation and disaster administration prices, and public relations bills for as much as £5 million restrict (about $6.1 million). 
  • Crum & Forster: Cyber legal responsibility protection consists of Fee Card Business (PCI) legal responsibility, regulatory protection and fines, and e-crime and social engineering loss limits as much as $250,000. 

3. AXA XL 

Direct written premiums: $421 million  

Market share: 8.7% 

AXA XL is the US-based subsidiary of the French insurance coverage big AXA. It holds headquarters in Stamford, Connecticut. 

AXA XL’s flagship cyber insurance coverage coverage, referred to as CyberRiskConnect, offers tailor-made cyber safety for companies in several industries. Protection consists of: 

  • Enterprise interruption 
  • Cyber extortion or ransomware assault 
  • Knowledge breach response and disaster administration 
  • Knowledge restoration 
  • PCI 
  • Regulatory protection prices and penalties 
  • Social engineering 
  • System failure 

Policyholders also can entry a spread of danger mitigation providers from AXA XL companions, together with:  

  • Superior endpoint safety and safety providers 
  • Cybersecurity compliance help 
  • Incident response planning 
  • Knowledge privateness consciousness coaching 
  • Social engineering and phishing campaigns 
  • Third-party contract evaluation 

 CyberRiskConnect offers as much as $15 million in protection out there on a main or extra foundation.  

AXA XL additionally holds partnerships with Microsoft and Slice Labs in an initiative aimed toward serving to shield customers of Microsoft’s digital instruments.  


4. Tokio Marine HCC 

Direct written premiums: $249.8 million 

Market share: 5.2% 

Japanese business big Tokio Marine Group gives specialty insurance coverage insurance policies within the US, the UK, Spain, and Eire by way of its subsidiary Tokio Marine HCC. Its US-based insurance coverage arm holds its headquarters in Houston, Texas.  

Tokio Marine HCC’s Cyber Safety Insurance coverage coverage offers first-party and legal responsibility safety for as much as $25 million on a main and extra foundation. Protection consists of cybercrime prevention, disaster response, and post-incident experience.   

Tokio Marine HCC’s Cyber & Skilled Strains Group (CPLG) takes a hands-on and tech-driven approach to underwriting. Its success has landed it on Insurance coverage Enterprise America’s record of 5-Star Cyber Insurers

5. AIG 

Direct written premiums: $240.6 million 

Market share: 5.0% 

Among the many prime cyber insurance coverage firms within the US, AIG can be one of many first insurers in the country to launch a cyber insurance program – that was greater than 20 years in the past. To this point, the New York-based insurer has over 30,000 policyholders beneath its flagship cyber protection, CyberEdge and handles no less than 5 cyber claims each day. 

CyberEdge offers as much as $100 million in protection and has no minimal retention. It pays out for the prices related to an information breach, together with: 

  • First-party bills 
  • Cyber extortion 
  • Knowledge restoration 
  • Occasion response 
  • Community interruption 

CyberEdge may be bought as a standalone product or added to AIG’s choose monetary traces, and property and casualty insurance coverage insurance policies. 

6. Travelers 

Direct written premiums: $232.3 million 

Market share: 4.8% 

Vacationers gives tailor-made cyber legal responsibility safety for companies with various ranges of danger. Protection consists of: 

  • Enterprise interruption 
  • Disaster administration prices 
  • Cyber extortion 
  • Forensic investigations 
  • Litigation charges 
  • Regulatory bills and fines 

The New York-based property and casualty insurer’s cyber insurance coverage lineup consists of 4 insurance policies. These are:  

  1. CyberRisk for A number of Industries and Enterprise Sizes: Cyber protection designed for every type of companies, from small enterprises and non-profits to Fortune 500 companies.  
  2. CyberRisk Tech for Expertise Firms: Offers cyber legal responsibility and E&O protection designed for the distinctive wants of tech companies. 
  3. CyberRisk for Public Entities: Designed to fulfill the protection wants of public entities, together with municipalities and counties, transit authorities, and different public sector organizations. 
  4. CyberFirst Necessities for Small Companies: May be bought with a enterprise proprietor’s coverage to guard small companies from cyber threats. 

7. Beazley 

Direct written premiums: $200.9 million 

Market share: 4.2% 

Beazley gives 4 kinds of merchandise beneath its cyber and expertise portfolio designed to offer companies with monetary safety within the occasion of a cyberattack. These are: 

  1. Beazley Breach Response (BBR): Offers information breach, first-party, third-party, and e-crime protection for companies of assorted sizes.  
  2. InfoSec: Designed for giant companies with vital information privateness and cybersecurity exposures. 
  3. MediaTech: Protects tech and professional services firms against claims, and consists of cyber legal responsibility, errors and omissions, and media protection. 
  4. MediaTech for Small Enterprise: Affords the identical protection as MediaTech, however with options and advantages tailor-made for small companies.  

The London-based insurer offers cyber insurance coverage to US companies by way of its a number of branches throughout the nation. Its American headquarters is positioned in San Francisco, California. 

8. CNA 

Direct written premiums: $181.4 million 

Market share: 3.8% 

Primarily based in Chicago, CNA is without doubt one of the largest business P&C insurers within the US and likewise among the many nation’s prime cyber insurance coverage firms. Its cyber insurance coverage insurance policies supply the next coverages: 

  • Broad media 
  • Dependent enterprise earnings 
  • E-theft and social engineering 
  • Community failure  
  • PCI 
  • Reputational hurt 
  • Voluntary shutdown 
  • Wrongful assortment 

Cyber insurance coverage shoppers also can select from 4 kinds of plans. These are: 

  1. NetProtect 360: Complete cyber insurance coverage coverage designed for various companies. 
  2. EPS Plus: Cyber legal responsibility protection designed for skilled providers companies and consists of E&O safety. 
  3. EPACK 3: Cyber insurance coverage coverage designed for administration {and professional} legal responsibility dangers. Accessible in 36 states. 
  4. CyberPrep: Available to all CNA cyber insurance policyholders, this can be a suite of cyber dangers providers that may assist establish, mitigate, and deal with persistent and rising cyber threats.  

9. Arch Insurance 

Direct written premiums: $171.9 million 

Market share: 3.6% 

Arch Insurance coverage’s cyber protection has a restrict of as much as $20 million for anyone danger. Among the many industries the coverage caters to are: 

  • Power and utilities 
  • Healthcare, together with pharmaceutical providers 
  • Monetary providers 
  • Tech, media, and telecoms 
  • Transportation 
  • Retail and leisure 

Its flagship cyber insurance coverage coverage, referred to as Arch Netsafe 2.0, consists of the next options and advantages: 

  • Enterprise interruption and cyber extortion protection 
  • Knowledge safety and non-disclosure agreements 
  • Dependent enterprise interruption protection 
  • First-party information incident response expense 
  • Media legal responsibility protection 
  • System failure protection 
  • PCI-DSS assessments and regulatory fines and penalties 
  • Carve-back for cyberterrorism 
  • Carve-back to the contract exclusion for PCI  
  • “Convey Your Personal Gadget” included inside pc system definition 

10. AXIS Capital 

Direct written premiums: $159 million 

Market share: 3.3% 

AXIS Capital gives cyber insurance designed for large and middle-market businesses. It has as much as $25 million legal responsibility limits and covers enterprise interruption losses, together with these from dependent companies and reputational hurt. The coverage additionally covers bills and penalties ensuing from regulatory and PCI-DSS non-compliance.  

Lately, the insurer additionally rolled out its AXIS Cyber Technology and Miscellaneous Professional Liability (ACTM) policy aimed toward serving to companies keep away from potential safety gaps by permitting them to mix a number of coverages in a single coverage. ACTM is designed for firms with as much as $2 billion in income and may be bought by way of brokers on each an admitted and non-admitted foundation. 

AXIS Capital relies in Pembroke Parish, Bermuda and has 28 workplaces globally. Within the US, the insurer has branches in Los Angeles, Chicago, Kansas Metropolis, New York, Hartford, and Franklin Lakes 

Methodology for figuring out the highest cyber insurance coverage firms within the USA 

We primarily based our findings on figuring out the ten main cyber insurers within the nation primarily based on the Nationwide Affiliation of Insurance coverage Commissioner’s (NAIC) newest market share data.  

Right here’s a abstract of the highest cyber insurance coverage firms within the US primarily based on direct written premiums and market share: 

Top cyber insurance companies in the US 

How does cyber insurance coverage work? 

Cyber insurance coverage is a kind of insurance coverage coverage designed to cowl monetary losses stemming from cyber incidents. Typically, this type of protection gives two kinds of safety, specifically: 

1. First-party protection 

This coverage pays out for the monetary losses a enterprise incurs due to a cyber incident, together with:  

  • The price of responding to a knowledge breach 
  • Restoring and recovering misplaced or broken information 
  • Misplaced earnings ensuing from enterprise interruption 
  • Ransomware assault funds 
  • Threat evaluation of future cyberattacks 

Most first-party insurance policies additionally cowl the price of notifying shoppers concerning the cyber incident and offering them with anti-fraud providers. 

2. Third-party protection 

Additionally known as legal responsibility protection, one of these coverage offers monetary safety towards lawsuits filed by third events – resembling clients, staff, and distributors – for damages attributable to a cyberattack on their companies. It sometimes covers court docket and settlement charges, in addition to regulatory bills and fines. 

How a lot does cyber insurance coverage value within the US? 

Cyber insurance coverage premiums on common begin at $500 yearly for fundamental protection and might exceed $5,000 for complete safety. Nationally, a number of business and private finance web sites peg the fee at about $1,600 every year for $1 million price of canopy.  

The quantity of protection what you are promoting wants, nonetheless, may be considerably greater or decrease relying on a spread of things. Listed here are a number of the metrics you must think about to work out how a lot cyber insurance coverage protection what you are promoting requires: 

  • Firm dimension: The variety of staff has a direct impression in your firm’s danger publicity. As an instance, the higher the variety of customers, units, and techniques a enterprise has, the bigger its menace floor and, subsequently, the upper the probability of falling sufferer to a cyberattack, which pushes up insurance coverage charges. 
  • The business what you are promoting is in: Some sectors are extra susceptible to cyberattacks than others. Companies that deal with delicate info resembling these beneath monetary providers and healthcare, as an example, are extra interesting to cybercriminals. This raises premium costs. 
  • Income: Insurers sometimes understand firms that generate greater income to be at a higher danger of being focused by cybercriminals. Due to this, additionally they typically pay extra for cyber insurance coverage. 
  • Stage of protection: The upper the coverage limits, the upper the premiums. 
  • Cybersecurity measures in place: Insurance coverage suppliers sometimes reward companies that dedicate vital sources towards stopping cybercrime with cheaper charges. 

Premiums, nonetheless, are calculated in a different way relying on the kind of coverage. If you wish to perceive how this insurance coverage element works, you possibly can try our comprehensive guide on insurance premiums.  

Is cyber insurance coverage price the fee? 

Business consultants warn companies that cyber criminals don’t discriminate primarily based on an organization’s dimension. And with the fast tempo of digital transformation giving rise to new and potentially more damaging cyber risks, it pays to get some type of cyber safety. Extra so if your organization manages sensitive customer or employee data, has a big consumer base, and owns worthwhile digital belongings.  

These consultants additionally remind companies that they can not rely solely on cyber insurance coverage to bail them out once they fall sufferer to a cyberattack. To stay insurable, what you are promoting must do its half and take sturdy precautions towards cyber threats. 

In the event you personal a small enterprise and try to give you cost-effective methods to forestall a cyberattack, you’ll find some sensible ideas in our cybersecurity guide for small businesses.   

The place can you discover the highest cyber insurance coverage firms within the US? 

An skilled insurance coverage agent or dealer can information you in your seek for the cyber protection that most closely fits your wants. To search out dependable and reliable insurance coverage professionals, we advocate that you simply try our Best in Insurance America web page. 

On this web page, we characteristic solely insurance coverage firms which are nominated by their friends and vetted by our crew of consultants as reliable business leaders. By coping with these suppliers, you possibly can have peace of thoughts in understanding that you’re getting the very best protection from somebody you possibly can depend on throughout difficult occasions.    

For ongoing protection of the cyber insurance coverage world, be sure you visit our cyber insurance newspage for the latest information

Have you ever skilled working with the highest cyber insurance coverage firms on our record? Do you assume they provide the very best protection? Ship us your ideas within the remark part beneath. 

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Nashville shooter hid seven weapons at residence – police

Nashville shooter hid seven weapons at residence – police

The killer was being handled for an “emotional dysfunction” and shouldn’t have owned weapons, in keeping with dad and mom

Audrey Hale, the transgender one that shot and killed six folks at Covenant Faculty in Nashville, was being handled for an “emotional dysfunction” when the 28-year-old bought seven weapons from 5 completely different gun retailers and stashed them at residence, Metro Nashville Police Chief John Drake revealed throughout a press convention on Tuesday. 

Hale’s dad and mom believed their little one “shouldn’t personal weapons,” Drake stated. Nevertheless, they have been solely conscious of 1 gun Hale had purchased and offered, whereas in actuality there have been seven extra hidden round the home, a minimum of two of which police imagine have been obtained legally.  

Three of the weapons – two semiautomatic rifles and a handgun –  have been utilized in Monday’s capturing, which left three nine-year-old college students useless, in addition to a substitute trainer, the top of the college, and a custodian. A sawed-off shotgun and one other shotgun have been discovered at Hale’s residence, together with “different proof.”  

A former scholar on the non-public Christian college, Hale had deliberate the assault on Coventry in nice element, Drake defined, referring to “drawn out” maps of the college with references to entry factors and surveillance. The shooter had apparently evaluated a second potential assault website in Nashville, however in the end determined in opposition to it as a result of “there’s an excessive amount of safety.”  

The killer was “somebody that had a number of rounds of ammunition, ready for confrontation with regulation enforcement, ready to do extra hurt than was really performed,” the police chief stated. Whereas Hale’s motive within the capturing will not be but recognized, police are reportedly investigating a “concept” and have talked with the killer’s father.  

Hale reportedly messaged a childhood pal on Instagram earlier than embarking on the bloodbath, telling Averianna Patton “I’m planning to die as we speak” and “I’ve left greater than sufficient proof behind.” Trying to untangle the confusion that has since arisen concerning the shooter’s gender, Patton clarified that she had recognized Hale as feminine when the 2 have been younger however that Hale used masculine pronouns on social media. 

Police arrived on the scene and fatally shot Hale lower than quarter-hour after the primary 911 name from the college. Physique digital camera footage from the 2 officers who killed the shooter was launched on Tuesday. Drake praised the officers for his or her fast response.

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