November 27, 2019
Is it really true that Burger King’s new Impossible Whopper is, as the ads claim, “100% Whopper, 0% beef”? A lawsuit just filed in federal court in Florida insists that the answer is no. The answer matters. The Impossible Whopper, …
November 26, 2019
Authorities say at least three people have been injured in Cincinnati after part of a building under construction collapsed. Cincinnati Fire Chief Roy Winston said three people on the structure’s fifth floor were injured when part of the building collapsed …
November 26, 2019
Oklahoma Insurance Commissioner Glen Mulready on Nov. 26 authorized Rhode Island-based insurance Providence Washington Insurance Co. (PWIC) to submit its Insurance Business Transfer (IBT) Plan to the District Court of Oklahoma County for approval. According to the Oklahoma Insurance Department, …
November 26, 2019
Tammy Kilgore raised the giant claw of a John Deere excavator high in the air, then slammed it down on the roof the house where she had spent nearly her entire adult life. The shingles crunched, but not much else. …
November 26, 2019
Matthew Holman has been appointed deputy director and general counsel at the Nebraska Department of Insurance. Holman has served the department as legal counsel since August 2011 and as general counsel since November 2017. His new position was announced by …
November 26, 2019
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Texas Hospital Insurance Exchange (THIE), based in Austin, Texas. The outlook of the Long …
November 26, 2019
The tech-enabled high-end home insurance provider Openly announced it has begun selling in Illinois and Arizona at the same time it announced a $7.65M seed round of funding led by Gradient Ventures, Google’s AI-focused venture fund. Openly’s first product is …
November 26, 2019
Washington state will pay two children $8.5 million after they claimed the state Department of Social and Health Services failed to protect them from sexual abuse by their foster parent. The children sued the agency in Snohomish County Superior Court …
November 26, 2019
C-Quence, the digital managing general agent (MGA), and Cytora, the insurtech startup that operates an artificial intelligence-powered platform, are joining forces to “turbocharge innovation” in commercial property & casualty (P/C) underwriting. C-Quence will launch its P/C suite in January using …
November 26, 2019
McDonald’s Corp. agreed to pay $26 million to settle a nearly seven-year-old lawsuit accusing the fast food chain of underpaying U.S. staff at its corporate-owned restaurants in California. The preliminary settlement resolves claims that the company used a timekeeping system …