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

Reporters Without Borders Sues Facebook in France over Hate Speech, False Information

PARIS – Reporters Without Borders (RSF) has filed a lawsuit against Facebook in France over hate speech and false information, the global media watchdog said in a statement on Tuesday. RSF said that in a lawsuit filed with the public …

Lloyd’s Launches Parametric Earthquake Insurance Policy in New Zealand

Lloyd’s has launched a parametric earthquake insurance policy in New Zealand, in partnership with start-up Bounce Insurance, which uses cutting-edge technology and real-time data to automatically pay customers within five days of a strong earthquake. The new product, also called …

Texas Windstorm Insurer Plans for $4B in Funding for Hurricane Season

Texas’ wind and hail insurer of last resort for properties in the state’s coastal counties has determined it needs $4.03 billion in funding to prepare for this year’s hurricane season. The board of directors of the Texas Windstorm Insurance Association …

Century Risk Advisors of Florida Names Lo Director of Marketing

Independent insurance and risk management agency Century Risk Advisors (CRA) has named Ramon Lo as director of Marketing. In this role, Lo will spearhead CRA’s branding and marketing initiatives. Prior to joining CRA, Lo was employed by a trade publication …

Judge: No Dismissal of Ammo Seller from Suit over Texas School Shooting

A Tennessee-based online retailer accused of illegally selling ammunition to a student who fatally shot 10 people at a Texas high school in 2018 won’t be dismissed from a lawsuit filed by families of those killed and injured, a judge …

Helicopter Crash Exposes Deadly Loophole for Aerial Sightseeing

The five people who signed up for a helicopter sightseeing flight above New York City three years ago might have expected that aviation regulators were looking after their safety. But the reality of that fatal flight on March 11, 2018, …

British Report Says London Joining EU Financial Services Market May Not Be Worth It

The City of London may be better off staying out of the EU’s financial services market as it would have to sacrifice autonomy over setting rules to win full access, a report by Britain’s upper house of parliament said on …

RICO Suit against Colorado Cannabis Firms Highlights D&O Dearth

A scarcity of directors and officers coverage for cannabis companies may be take an even bigger spotlight following a Colorado lawsuit in which two large cannabis operators and several executives are accused of illegally transporting marijuana to Arkansas. The lawsuit …

California High Court Affirms Consumer Rights to Dispute Insurance Rates

A California Supreme Court decision has reaffirmed California Insurance Commissioner Ricardo Lara’s assertion that consumers have a right to dispute insurance rates that have not been properly filed and approved. The court’s decision involved title insurance, but has implications for …

Groups Pushing Auto Insurance Reform to ‘End Discrimination Against Lower-Wage Californians’

Millions of California drivers will see auto insurance savings with the adoption of regulations presented at a California Department of Insurance workshop on Tuesday that would “end discrimination against lower-wage Californians,” according to the Consumer Federation of America and the …