Monthly Archives: <span>February 2021</span>

Climate, AI, Privacy, Racial Bias Among State Insurance Regulators’ 2021 Priorities

The country’s insurance regulators are vowing to prioritize the monitoring of the use of consumer and non-consumer data by companies, the use of artificial intelligence, and the availability and affordability of insurance products for racial minorities. They say they will …

Mother of Virginia Police Informant Seeks $13M in Lawsuit

The mother of a dead Virginia police informant is alleging in a pair of lawsuits that authorities are responsible for her son’s fatal overdose on opiates that he was coerced to purchase while undercover. Donna Watson, the administrator of Troy …

Boston Hospital Valet Shot in Eye Sues His Employer

A valet at a Boston hospital who was shot in the eye by police as officers confronted a man armed with what they thought was a real gun has sued his employer, saying the hospital’s security staff mishandled this situation. …

AI Startup that Uses AI and Partners with Re/insurers, Now Is Seeking Canadian IPO

Farmers Edge Inc., a firm that uses artificial intelligence to help growers boost crop yields, is seeking to raise about C$100 million ($79 million) in an initial public offering to strengthen its finances and repay debt. The Winnipeg, Manitoba based …

Some Baby Foods Found to Contain High Levels of Toxic Heavy Metals

U.S. congressional investigators found “dangerous levels of toxic heavy metals” in certain baby foods that could cause neurological damage, a House Oversight subcommittee said in a report released on Thursday in calling for new standards and testing requirements. The panel …

UK Broker Specialist Risk Group Buys Trade Credit Specialist, The Channel Partnership

Specialist Risk Group (SRG), a London-based specialist insurance broker, has announced the acquisition of a UK trade credit specialist, The Channel Partnership. Financial details of the deal were not disclosed. The Channel Partnership, founded in 1992, provides clients with expert …

Chubb Global Markets Creates New Energy Underwriting Team

Chubb announced the creation of a new energy team in Chubb Global Markets (CGM) that will underwrite and serve as a center of excellence for all large corporate energy customers in EMEA, Asia Pacific and Latin America. CGM comprises Chubb’s …

Facebook Faces 2nd UK Class Action Lawsuit over Data Harvesting Scandal

Facebook is facing a second London High Court class action over allegations it failed to protect the personal details of about one million people in England and Wales, in the latest lawsuit to spring from a scandal over data harvesting. …

Construction of Controversial UK Coal Mine Now Under Review After Climate Backlash

Construction of a coal mine that threatened UK Prime Minister Boris Johnson’s claim to be a world leader in the fight against climate change is under review after growing opposition. The Woodhouse Colliery would be the first new deep coal …

Brazilians Bring Lawsuit Against Norsk Hydro over Alleged Pollution

Some 40,000 Brazilians are bringing a group-action lawsuit in the Netherlands against Norwegian aluminum producer Norsk Hydro over alleged toxic waste pollution in northern Brazil. The lawsuit has been brought by a group of communities who live in the lower …