Insurance Journal
France is now backing landmark European Union rules governing artificial intelligence subject to strict conditions, an EU diplomatic source said on Friday, after sources had previously said it was the last holdout in the bloc to support the plan. Suc...
Posted: Feb 02, 2024
A federal appeals court on Thursday threw out a $366.2 million verdict against FedEx in a case brought by a Black sales manager who said the package delivery company fired her in retaliation for accusing her supervisor of race discrimination. …
Posted: Feb 02, 2024
There were 692 reported thefts of cargo across the United States and Canada in the third quarter of 2023, a 59% increase when compared to the third quarter of 2022, according to CargoNet. Similar to the second quarter of 2023, …
Posted: Feb 02, 2024
Internet firm Cloudflare said in a statement on Thursday that an advanced group of hackers tried to burrow deep into its global network late last year but were thwarted. The company, which did not identify the hackers, said in a …
Posted: Feb 02, 2024
In the year since the derailment of a Norfolk Southern Inc. train brought national attention to US railroad safety, little has changed. Trains are still rolling through East Palestine, Ohio, at 50 miles per hour — the same speed allowed …
Posted: Feb 02, 2024
AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa-” (Superior) from “aa” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Acuity, A Mutual Insurance Company (Acuity...
Posted: Feb 02, 2024
Jensten, the London-based independent insurance broking group, announced it has acquired independent community broker Melville Burbage. The deal, which is subject to regulatory approval, brings a dedicated team of 15 to Jensten, along with two additi...
Posted: Feb 02, 2024
Descartes Insurance, the risk-carrying insurer formed in 2022 by climate-risk managing general agent Descartes Underwriting, has launched the first parametric cyber insurance for corporate clients in France. Described as the first insurance of its ki...
Posted: Feb 02, 2024
(Bloomberg) — Ken Griffin wants to exert more influence in Florida politics. One of his top priorities: stopping new casinos in his backyard. The state’s second-richest person is opposing a bill that would allow new gambling venues in Sou...
Posted: Feb 02, 2024
The Florida Supreme Court has resolved a conflict between differing appeals court decisions, deciding that property insurers can be compelled to submit to the appraisal process long before causation, coverage and misrepresentation issues are settled...
Posted: Feb 02, 2024
The Florida Supreme Court has resolved a conflict between differing appeals court decisions, deciding that property insurers can be compelled to submit to the appraisal process long before causation, coverage and misrepresentation issues are settled...
Posted: Feb 02, 2024
A federal judge has rejected a request by Virginia’s largest school system to toss out a lawsuit accusing it of indifference to a middle school student’s claims of sexual abuse and harassment. The Fairfax County School Board filed a motio...
Posted: Feb 02, 2024
The Southern California regions of Los Angeles and Orange County are again the top spots for catalytic converter theft claims. The regions topped the list for the eighth consecutive quarter in a new report of markets for the most frequent …
Posted: Feb 02, 2024
Shannon Ninio, 60, of North Hills was arraigned for insurance fraud after a California Department of Insurance investigation found she and her husband, Moshe Ninio, allegedly stole customers’ personal information and used that information to fi...
Posted: Feb 02, 2024
The Pennsylvania Supreme Court has upheld a “regular use” exclusion in an auto insurance policy that prohibits underinsured motorist coverage for injuries involving a non-owned vehicle that an insured used regularly. In so doing, the stat...
Posted: Feb 02, 2024
The Pennsylvania Supreme Court has upheld a “regular use” exclusion in an auto insurance policy that prohibits underinsured motorist coverage for injuries involving a non-owned vehicle that an insured used regularly. In so doing, the stat...
Posted: Feb 02, 2024
A Selah, Washington man pled guilty to first-degree theft and money laundering after an investigation by Insurance Commissioner Mike Kreidler’s Criminal Investigation Unit. Jason Eaton was sentenced to 60 days of electronic home detention and o...
Posted: Feb 02, 2024
A Selah, Washington man pled guilty to first-degree theft and money laundering after an investigation by Insurance Commissioner Mike Kreidler’s Criminal Investigation Unit. Jason Eaton was sentenced to 60 days of electronic home detention and o...
Posted: Feb 02, 2024
Maine Gov. Janet Mills called Tuesday evening for strengthening the state’s yellow flag law, boosting background checks for private sales of weapons and bolstering mental crisis care, telling lawmakers that there’s broad support for actio...
Posted: Feb 02, 2024
Maine Gov. Janet Mills called Tuesday evening for strengthening the state’s yellow flag law, boosting background checks for private sales of weapons and bolstering mental crisis care, telling lawmakers that there’s broad support for actio...
Posted: Feb 02, 2024
Four individuals, including two physicians, have been indicted in the Eastern District of Texas charged with federal violations involving a university athletic billing scheme, announced U.S. Attorney Damien M. Diggs. Mouzon Bass, III, also known as M...
Posted: Feb 01, 2024
AXA XL Names Chia Cyber as Chief Underwriting Officer in the Americas AXA XL named Michelle Chia as chief underwriting officer for cyber in the Americas. Based in New York, Chia assumes her new role on Feb. 12. Chia joins …
Posted: Feb 01, 2024
Texas Attorney General Ken Paxton has launched lawsuits against the cities of Austin, San Marcos, Killeen, Elgin, and Denton for adopting amnesty and non-prosecution policies that violate Texas laws concerning marijuana possession and distribution. T...
Posted: Feb 01, 2024
A federal district court has entered final orders against a telemarketing company and its owners, who made millions of illegal, unsolicited calls to people that were registered on the Do Not Call Registry. The Northern District Court of Illinois orde...
Posted: Feb 01, 2024
Blackwell Security Services, Inc. will pay $70,000 and provide other relief to settle a religious discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. The EEOC charged in its sui...
Posted: Feb 01, 2024