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

Vegan Suing Burger King Over Its ‘Impossible Whopper’ Has a Real Beef: Viewpoint

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, …

3 Injured in Cincinnati After Partial Collapse of Building

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 …

Oklahoma Commissioner OKs Rhode Island Insurer’s Insurance Business Transfer Plan

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, …

Post-Flood Home Buyouts Are Emptying Midwest Towns

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. …

Holman Named Deputy Director, General Counsel at Nebraska Insurance Dept.

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 …

AM Best Upgrades Rating of Texas Hospital Insurance Exchange

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 …

Up-Market Home Insurtech Openly Opens for Business in 2 States After Raising $7.6M

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 …

$8.5M in Washington Foster Care Sex Abuse Case

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 …

Digital MGA C-Quence Joins with Insurtech Cytora to Transform Mid-Market Insurance

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 …

McDonald’s Will Pay $26 Million to Settle California Wage, Overtime, Break Claims

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 …