Monthly Archives: <span>March 2024</span>

Vital Baltimore Bridge Collapses After Being Struck by a Ship

A major commuter bridge in Baltimore collapsed after being rammed by a container ship, causing vehicles to plunge into the water and threatening chaos at one of the most important ports on the US East Coast. Baltimore Fire Chief James …

5th Circuit: Chubb Must Cover SXSW in Suit Over Cancelled 2020 Festival

The 5th Circuit Court of Appeals ruled last week that Chubb must cover restitution claims paid to ticket holders of the 2020 South by Southwest film festival cancelled due to COVID-19. A three-judge panel reversed a summary judgment in favor …

Chubb: Middle Market Companies Post Record Gains

Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb. A record 77% of companies reported performance improvement in the last six months of 2023 — the …

Musk’s X Corp. Loses Lawsuit Against Hate Speech Watchdog

A U.S. judge on Monday threw out Elon Musk’s lawsuit against a nonprofit group that faulted him for allowing a rise in hate speech on his social media platform X, formerly Twitter. U.S. District Judge Charles Breyer in San Francisco …

Consumers Sue Apple, Taking Page From US Justice Department Lawsuit

Apple has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market, piggybacking on a sweeping antitrust case lodged by the U.S. Justice Department and 15 states last week. At least three …

Stacking Cracks: 30 Years of UIM Coverage Rules Are Wrong, NC Supreme Court Says

North Carolinians can no longer stack underinsured motorist policies to compare to liability limits in order to boost the amount of coverage in an accident, the state Supreme Court said last week in a decision that overturns 30 years of …

US, UK Accuse China of Cyberespionage That Hit Millions of People

U.S. and British officials on Monday filed charges, imposed sanctions, and accused Beijing of a sweeping cyberespionage campaign that allegedly hit millions of people including lawmakers, academics and journalists, and companies including defense contractors. Authorities on both sides of the …

People Moves: Aspire in California Names McQuaid VP of Product; CWCI Elects 2024 Board of Directors

Aspire Appoints McQuaid VP of Product Aspire General Insurance, headquartered in Rancho Cucamonga, California, named Pam McQuaid vice president of product. McQuaid has more than 25 years of extensive experience in insurance product management. She comes from Liberty Mutual/Safeco, where …

Couple Alleging Racial Bias in Home Appraisal Settles With Lender

A Black couple who claimed mortgage lender loanDepot denied a refinancing of their mortgage because it relied upon a racially biased, considerably low appraisal of their Baltimore home have agreed to a legal settlement in which the lender vows to …

Residents Await Explanation After Small Maryland Town Suspends Entire Police Force

A small town on Maryland’s Eastern Shore has suspended its entire police force pending the results of an investigation by state prosecutors, a largely unexplained decision that has left residents shocked, skeptical and on edge. The unusually harsh crackdown on …