Monthly Archives: <span>April 2019</span>

Charges Issued Against Pennsylvania’s Hooked Inc. for Illegal Towing Practices

Philadelphia District Attorney Larry Krasner has announced charges against Hooked Inc. and owner Joseph Moreno for corrupt organization, deceptive or fraudulent business practices, four counts of insurance fraud, four counts of fheft by deception and two counts of conspiracy for …

New York City Orders Mandatory Vaccines for Some Amid Measles Outbreak

Health officials Tuesday ordered nearly everyone in a heavily Orthodox Jewish New York City neighborhood to be vaccinated for measles or face fines, reviving a public-health strategy that experts say hasn’t been used in the U.S. in recent memory. The …

Records Show Sensors Linked to Boeing 737 Max Crashes Vulnerable to Failure

The crashes of two Boeing Co. 737 Max jets in five months have focused attention on a little-known device that malfunctioned, starting a chain reaction that sent the planes into deadly dives. Pilots have for decades relied on the weather-vane-like …

How Real Are ‘Ethical Artificial Intelligence’ Efforts by Tech Giants?

The biggest tech companies want the public to know that they’re taking special care to ensure that their use of artificial intelligence to sift through mountains of data, analyze faces or build virtual assistants doesn’t spill over to the dark …

French Court Rules Bayer’s Monsanto Weedkiller Liable for Farmer’s Health Problems

A French appeals court ruled on Thursday that Bayer’s Monsanto business was liable for the health problems of a farmer who had inhaled a weedkiller product. The ruling in favor of farmer Paul Francois was announced in a statement by …

Everest Insurance Hires Poopor as Vice President Based in New Jersey

Everest Insurance has hired Sharone Menczel Poopor to its Structured Solutions group as a vice president based in the company’s Liberty Corner, N.J., office. Poopor will be responsible for underwriting unusual and complex risks in her new role. She most …

Baldwin Krystyn Sherman Partners Acquires Florida’s Lykes Insurance

Baldwin Krystyn Sherman Partners (BKS-Partners), an insurance brokerage and risk management firm headquartered in Tampa, Fla., has acquired Florida-based, independent firm Lykes Insurance Inc. BKS-Partners currently operates in multiple locations throughout the Southeast with a team of more than 300 …

Senate Committee Passes Bill Impacting Florida’s Surplus Lines Insurance Industry

Senate Bill 538 passed from the Florida Senate’s Appropriations Subcommittee on Agriculture, Environment, and General Government on Tuesday, April 9. The bill, sponsored by Senator Jeff Brandes, R-St. Petersburg, will make updates to the regulatory framework of Florida’s surplus lines …

North Carolina Survey: Many Coastal Homeowners Have No Plan to Mitigate Storm Damage

A majority of coastal homeowners have little to no intention of reducing their homes’ structural vulnerabilities, even though they live in areas frequently affected by damaging hurricanes and flooding and their homes are vulnerable to damage, according to new research …

Lloyd’s Syndicate Ascot Insures Farmers in 16 Nations Against Crop-Price Volatility

Farmers can now for the first time insure their produce against price volatility as easily as insuring their homes, with a global platform based on hundreds of niche commodity indexes, underwritten by a Lloyd’s of London syndicate. Crop insurance has …