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

9/11 Fallout Includes Decades of Worry About Toxic WTC Dust

Two decades after the collapse of the World Trade Center, people are still coming forward to report illnesses that might be related to dust that billowed over the city after the terror attack. To date, the U.S. has spent $11.7 …

Connecticut Woman Arrested for Workers’ Comp Benefits Fraud

A Newtown, Connecticut, woman was arrested and charged with illegally collecting workers’ compensation benefits while being employed as a supervisor of Pupil Personnel Services for the Town of New Fairfield Board of Education. Ann Marie Cordisco was arrested by inspectors …

Moody’s Closes on Acquisition of Risk Modeler RMS for $2 Billion

Moody’s Corp. reported that it has completed its acquisition of RMS, the climate and natural disaster risk modeling and analytics firm. In the transaction, originally announced on August 5, 2021. Moody’s paid approximately $2.0 billion (1.425 billion pounds) to acquire …

E&S Insurer Ategrity Raises $75M, Plans Further Expansion

Ategrity Specialty Insurance Co. sad it has completed a $75 million capital raise led by Sequentis Financial LLC to support its continued growth. Ategrity is a Scottsdale, Arizona-based specialty property/casualty insurance company focused on the excess and surplus lines market …

What One State’s Tough Stand Against Biometrics Says About Digital Privacy

When night fell, a clerk at a bustling 24-hour MotoMart flipped a switch from behind the counter. Electromagnetic locks sealed the doorway. A window sign, now illuminated in red, warned “facial recognition technology in use” and directed customers to “look …

States Curtail Public Health Powers for This Pandemic and Future Diseases

Republican legislators in more than half of U.S. states, spurred on by voters angry about lockdowns and mask mandates, are taking away the powers that state and local officials use to protect the public against infectious diseases. A Kaiser Health …

Judge Likely to Rule for Boy Scouts in Trademark Case With Girl Scouts

A federal judge said he’s likely to rule for the now-coed Boy Scouts of America in a trademark lawsuit brought by the Girl Scouts. U.S. District Judge Alvin Hellerstein on Wednesday told lawyers his “tentative” decision was to throw out …

Australia’s Commonwealth Bank Apologizes for Misleading Insurance Sales

Commonwealth Bank of Australia, the country’s top lender, said on Thursday it would plead guilty to 30 charges brought against it in the federal court for mis-selling consumer credit insurance (CCI) to its customers. Scrutiny of Australian lenders and financial …

CoreLogic Completes Acquisition of Property Restoration Platform Next Gear

Property data firm CoreLogic said it has closed on its acquisition of Next Gear Solutions, a digital workflow platform for the property restoration industry. Next Gear Solutions, headquartered in Oxford, Miss., offers a cloud-based suite of products, including DASH, SettleAssist …

Jensten Group Completes Acquisition of London-Based Tasker Insurance Group

The Jensten Group has completed its acquisition of London-based Tasker Insurance Group, after receiving regulatory approval. The deal includes Tasker Insurance Brokers, Tasker & Partners and Gresham Underwriting. Financial terms of the transaction, which was first announced in June, were …