February 7, 2020
An African-American man fired from his TV talk show producer job at One America News Network was not harassed on the basis of racial prejudice, but was fired in part because he lodged his complaint, a California jury found. The …
February 7, 2020
Johnson & Johnson was ordered on Thursday by a New Jersey state jury to pay punitive damages of $750 million to four plaintiffs who allege that the company’s Baby Powder caused their cancer, a ruling that will be reduced to …
February 7, 2020
A Florida business owner is accused of evading paying nearly $200,000 in workers’ compensation insurance premiums over the course of a year, according to a statement from the Florida Department of Financial Services. Chief Financial Officer (CFO) Jimmy Patronis announced …
February 7, 2020
Openly Inc., an insurtech backed by Gradient Ventures, Google’s AI-focused venture fund, has gone live in Tennessee. The addition of Tennessee comes on the heels of the company’s launch and funding announcement in late 2019, along with a recent expansion …
February 6, 2020
Chubb has plenty to celebrate about its 2019 fourth quarter. The global insurer enjoyed a large jump in net income due mostly to rate hikes and property/casualty underwriting gains. Chubb’s catastrophe losses also declined. Chubb Chairman and CEO Evan Greenberg …
February 6, 2020
The HDI Group has acquired Berlin-based Perseus Technologies GmbH, a start-up that has specialized in the prevention of cyber risks and emergency cyber assistance. The acquisition enables the Hannover-based HDI Group to offer cyber insurance policies and cyber security concepts …
February 6, 2020
For Hong Kong insurers, the coronavirus outbreak is a second blow. Already reeling from at-times violent demonstrations that slowed the flood of Chinese travelers — one of the biggest sources of new policyholders — to a trickle, the spread of …
February 6, 2020
When scientists talk about climate change effects like sea level rise and extreme temperatures, they’re typically referring to things predicted to start noticeably occurring as soon as, say 2050, or into the next century. But the impacts of climate change …
February 6, 2020
Chesapeake Energy Corp. and three oilfield service firms were sued by the daughter of a worker who suffered fatal injuries when a Texas oil well exploded in flames in late January. The wrongful death suit seeks at least $1 million …
February 6, 2020
The U.S. Supreme Court signaled it will use its Feb. 21 private conference to discuss whether to consider the fate of the Affordable Care Act on a fast-track schedule that would mean a decision by the end of June. The …