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January

3
2024
Industry News

US insurance giant First American confirms it was hit by a ransomware attack

First American, one of the largest insurance companies in the United States, has confirmed the cyber-incident it suffered in late December 2023 was indeed a ransomware attack.

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January

3
2024
Compliance

New Consumer Law Rights Taking Effect in 2024

This article lists federal and state consumer law rights scheduled to go into effect or expire, during the period from December 1, 2023, through January 1, 2025. Other consumer law changes will be enacted later in 2024 and will go into effect in 2024; this article lists changes whose effective dates have already been scheduled.

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January

3
2024
Industry News

ATTORNEY GENERAL HENRY ENSURES CANCELLATION OF $218,000 IN EDUCATION DEBT FOR STUDENTS OF SHUTTERED PITTSBURGH CAREER INSTITUTE

HARRISBURG — Attorney General Michelle Henry announced an agreement with recently-closed Pittsburgh Career Institute that ensures dozens of students are free of $218,000 in debt balances that were outstanding when the school closed in November.

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January

3
2024
Industry News

CFPB to distribute nearly $6 million to consumers harmed by predatory loans to veterans

In December, the CFPB sent $6 million in financial relief to consumers harmed by illegal lending practices targeting veterans. Five people and their companies misled veterans and other consumers into selling their pension and disability payments, which is illegal under federal and relevant state law. These transactions were instead illegal high-interest loans.

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January

3
2024
Industry News

California-based Lead Generator Agrees to Settlement Banning It from Making or Assisting Others in Making Telemarketing Calls, Including Robocalls

California-based lead generator Response Tree LLC and its president, Derek Thomas Doherty, will be banned from making or assisting anyone else in making robocalls or calls to phone numbers on the FTC’s Do Not Call (DNC) Registry under a proposed order settling Federal Trade Commission charges that they operated more than 50 websites designed to trick consumers into providing their personal information for supposed mortgage refinancing loans and other services.

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