1 week ago
In the age of a tech-fueled automotive transformation in which vehicle usage is at an all-time high, the public perception of uncertainty around driverless cars remains. As of 2025, only 13% of U.S. Consumers would trust riding in an autonomous …
Admin
1 week ago
Federal prosecutors are laying the groundwork to criminally charge companies and individuals that try to evade US tariffs as President Donald Trump readies a fresh round of levies next week. American customs officials have long sought to thwart attempts to …
Admin
1 week ago
Tea, an app that lets women anonymously comment and review dates with men, said it has suffered a data breach, with hackers gaining access to 72,000 user images. A Tea spokesperson confirmed the hack to Reuters on Saturday, saying they …
1 week ago
A decision by a federal appeals court last week shows what limited options insurance carriers have when they discover major misrepresentation by the insured long after claims have been paid. The U.S. 11th Circuit Court of Appeals last week found …
William Rabb
1 week ago
Connecticut Governor Ned Lamont signed into law legislation updating the state’s law governing captive insurance and allowing new types of captives. Captives are owned by one or more businesses to insure their business risks., Effective October 1, 2025, the act …
1 week ago
U.S. insurance giant Allianz Life said on Saturday that hackers stole the personal information of the majority of its customers, financial professionals, and select Allianz Life employees in the United States. The insurance giant’s filing with Maine’s attorney general did …
1 week ago
A Maryland man who was wrongly imprisoned for 32 years, including a decade on death row, for two killings he did not commit is suing former law enforcement officials in a lawsuit announced Thursday, though four of the five people …
Admin
1 week 2 days ago
The California FAIR Plan has increased commercial coverage limits and is now offering a commercial high value policy for condominiums, farms, wineries and other businesses in the state that cannot find insurance through the voluntary or excess and surplus insurance …
1 week 2 days ago
The man accused of fatally shooting two Idaho firefighters before killing himself last month had tried to join the fire department, and became angry when told he would need to go through training and testing. Wess Roley also tried to …
Admin
1 week 2 days ago
The acting administrator of the Federal Emergency Management Agency is pushing back on criticisms of the federal response to the central Texas floods that killed at least 136 people earlier this month. “I can’t see anything we did wrong,” David …
Admin
1 week 2 days ago
Jeff Pannell, CEO of Farm Bureau Insurance of Tennessee, will retire at the end of the year after almost 40 years with the company. Pannell made the announcement at the company’s annual agents’ conference on Thursday, Farm Bureau said in …
1 week 2 days ago
The Michigan Department of Insurance and Financial Services this week announced the suspension of two title insurance agents after an investigation found they allegedly mismanaged customers’ escrow funds. DIFS Director Anita Fox issued a summary suspension of insurance producer licenses …
1 week 2 days ago
Pinnacle Financial Partners Inc. shares plunged the most in more than five years after the bank agreed to combine with Synovus Financial Corp. in an all-stock transaction valued at $8.6 billion. Some investors had expected both companies to draw acquisition …
1 week 2 days ago
Microsoft Corp. stands to gain from new White House AI guidelines that call on the US Federal Trade Commission to show more restraint in probes involving artificial intelligence and stand down on cases that put “AI innovation” at risk. The …
Admin
1 week 2 days ago
This edition of International People Moves details appointments at Allianz Commercial and Canopius Group. A summary of these new hires follows here. Allianz Commercial Names Nguyen-Huu, Lascar and Head for Portfolio Solutions Team Allianz Commercial announced appointments in its Portfolio …
1 week 2 days ago
Eagle Ship Management LLC (ESM), based in Stamford, Connecticut, pleaded guilty to violating the Act to Prevent Pollution from Ships (APPS) by deliberately polluting U.S. waters off the coast of New Orleans from the M/V Gannet Bulker, a foreign-flagged bulk …
1 week 2 days ago
The biggest tech companies are warring over who’s responsible for children’s safety online, with billions of dollars in fines on the line as states rapidly pass conflicting laws requiring companies to verify users’ ages. The struggle has turned into a …
Admin
1 week 2 days ago
Five years after a $60 million bribery scheme funded by FirstEnergy Corp. came to light in Ohio, expert observers say the resulting prosecutions, lawsuits, penalties and legislation haven’t led to enough change and accountability to prevent politicians and corporate executives …
Admin
1 week 2 days ago
A Kentucky tobacco warehouse manager at the center of a long-running crop insurance fraud scheme has agreed to pay millions in restitution for his role in enabling the fraud. Thomas Kirkpatrick, of Danville, pleaded guilty last week to conspiracy to …
1 week 2 days ago
Johnson & Johnson Inc. announced it is acquiring the assets of Erickson-Larsen, Inc (E&L). The parties expect to complete the transaction effective August 1, 2025. With offices in Maple Grove, MN, and Fargo, ND, Erickson-Larsen is a wholesale insurance firm …