Insurance Journal
JACKSON, Miss. (AP) — The use of force was justified in four fatal shootings by Mississippi law enforcement officers last year, Attorney General Lynn Fitch said Wednesday. Fitch based her findings on investigations conducted by the Mississippi Bureau...
Posted: Aug 30, 2024
Efforts in California to establish first-in-the-nation safety measures for the largest artificial intelligence systems cleared an important vote this week that could pave the way for U.S. regulations on the technology evolving at warp speed. The prop...
Posted: Aug 30, 2024
PCF Insurance Services, a large U.S. brokerage handling commercial and personal lines, life and health, workers’ compensation and employee benefits, has acquired the insurance business of Kentucky Health Solutions. It’s the 14th acquisiti...
Posted: Aug 30, 2024
Elon Musk and Tesla Inc. won dismissal of a lawsuit claiming they pumped up the price of the cryptocurrency Dogecoin into a $258 billion “pyramid scheme.” Investors who lost tens of thousands of dollars investing in the cryptocurrency fau...
Posted: Aug 30, 2024
A federal appeals court revived Sarah Palin’s libel case against The New York Times on Wednesday, citing errors by a lower court judge, particularly his decision to dismiss the lawsuit while a jury was deliberating. The 2nd U.S. Circuit Court &...
Posted: Aug 30, 2024
A crash that killed three passengers on a party bus on a Virginia highway was caused by a fatigued truck driver working for a company that allowed its drivers to log excessive hours, a federal report concluded Wednesday. The December …
Posted: Aug 30, 2024
Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on the hook for at least $150 million, according to the first estimates by industry experts. The British-flagged 56-meter-long (18...
Posted: Aug 30, 2024
An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments, according to a notice seen by Reuters. In an attempt to grow …...
Posted: Aug 30, 2024
General Motors was ordered by a federal appeals court to face a class action claiming it violated laws of 26 U.S. states by knowingly selling several hundred thousand cars, trucks and SUVs with faulty transmissions. The 6th U.S. Circuit Court …
Posted: Aug 30, 2024
The U.S. auto safety regulator said on Wednesday it has closed two separate probes into Fisker’s Ocean SUVs over an alleged door malfunction and a loss of brake performance, after the electric-vehicle startup issued recalls to fix the problems....
Posted: Aug 30, 2024
South Africa-based general insurer Santam Ltd. plans to expand in Asia to diversify its premiums and counter tepid growth at home. The insurer, a subsidiary of financial services group Sanlam Ltd., generates 82% of its premiums in South Africa. ̶...
Posted: Aug 30, 2024
As the world leans into electrification, it will need more lithium. A key ingredient in the batteries that power everything from electric vehicles to cell phones, demand is projected to accelerate over the next decade. To meet it, a new …
Posted: Aug 30, 2024
A Pennsylvania museum has agreed to sell a 16th century portrait that once belonged to a Jewish family that was forced to part with it while fleeing Nazi Germany before World War II. The Allentown Art Museum will auction “Portrait …
Posted: Aug 30, 2024
Los Angeles area vocational school owner, Guillermo Frias, 65, of Paramount, and the school’s accounting manager, Yesid Colon, 54, of Baldwin Park, were arraigned following a California Department of Insurance investigation into allegations the...
Posted: Aug 30, 2024
Maryland-based insurance, benefits and risk management firm RCM&D announced the acquisition of MillenGroup, a Richmond, Virginia-based benefits advisory firm. Laura Millen, founder and senior managing partner, and John Millen, co-founder and mana...
Posted: Aug 30, 2024
Two men have been charged with conducting a six-year scheme in which they allegedly scammed a ridesharing company and customers out of $40 million in fraudulent “surge” fees by selling hacked smartphones and fake GPS applications to hundr...
Posted: Aug 30, 2024
LTC Global Inc. acquired Michael L. Fitzgerald Insurance Services Inc. in Walnut Creek, California. Michael Fitzgerald will continue to manage the business, which operates across Northern California. Michael L. Fitzgerald Insurance Services is a Capi...
Posted: Aug 30, 2024
Paula Cooley joined Graham-Rogers Insurance, headquartered in Bartlesville, Oklahoma, as a transportation new business underwriter. Cooley will focus on garage and transportation commercial auto. She has over 40 years of property and casualty experie...
Posted: Aug 29, 2024
CHICAGO (AP) — A woman who was shot in the leg during a White Sox game last year is suing the team and the Illinois agency that owns Guaranteed Rate Field. The woman was in the left-field bleachers in Section …
Posted: Aug 29, 2024
NEW ORLEANS (AP) — Tesla’s federal court challenge to a Louisiana law that prohibits automobile manufacturers from selling directly to consumers has been revived by an appeals court. The lawsuit by the electric car company owned by billionaire...
Posted: Aug 29, 2024
NEW ORLEANS (AP) — Tesla’s federal court challenge to a Louisiana law that prohibits automobile manufacturers from selling directly to consumers has been revived by an appeals court. The lawsuit by the electric car company owned by billionaire...
Posted: Aug 29, 2024
Federal safety inspectors became aware that a 31-year-old employee of a Chicago countertop manufacturer needed a double lung transplant after suffering accelerated silicosis ‒ an incurable lung disease – and the U.S. Department of Labor immediately a...
Posted: Aug 29, 2024
The American Sustainable Business Council sued Texas officials in an effort to block a law that restricts state investments with certain financial firms because of their energy policies. The lawsuit filed Thursday in federal court in Austin, argues t...
Posted: Aug 29, 2024
A lawyer for Telegram boss Pavel Durov, who is the target of an unprecedented investigation in France, said on Thursday it was “absurd” to suggest the head of a social network was responsible for any criminal acts committed on the …
Posted: Aug 29, 2024
Dick’s Sporting Goods on Wednesday said it discovered unauthorized access to its information systems. In a filing with the U.S. Securities and Exchange Commission, Dick’s said it made the discovery of the cyberattack on Aug. 21 and immedi...
Posted: Aug 29, 2024