October 1, 2024
Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs. Formed in 2016 and supported by OneAdvent, the specialist MGA services platform, …
October 1, 2024
MANTEO, N.C. (AP) — Federal authorities were investigating this week after multiple people died when a single-engine plane crashed Saturday afternoon in a wooded area at Wright Brothers National Memorial’s First Flight Airport, the National Park Service said. The crash …
October 1, 2024
Just as Florida property insurers face another round of storm claims, CBS News has raised questions about alleged insurer fraud stemming from claims incurred in the last major storm – Hurricane Ian, which hit much of southwest Florida two years …
October 1, 2024
A jury has ruled in favor of three women who alleged they were sexually abused while patients at a Virginia children’s hospital, awarding them a total of $300 million in damages. The jury in Richmond Circuit Court on Friday awarded …
October 1, 2024
General Motors Co.’s robotaxi company will undergo tougher oversight and pay a fine to settle claims by US auto safety regulators that it failed to properly disclose information about a crash involving one of its cars that struck and dragged …
October 1, 2024
A federal judge dismissed a U.S. Department of Justice lawsuit accusing eBay of violating environmental laws by allowing the sale of hundreds of thousands of harmful products on its platform, including pesticides and devices to evade motor vehicle pollution controls. …
October 1, 2024
Boar’s Head, the deli meat company at the center of a deadly listeria food poisoning outbreak, is being scrutinized by law enforcement officials, the U.S. Agriculture Department disclosed in response to government records requests. Officials with USDA’s Food Safety and …
October 1, 2024
T-Mobile has reached a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years that impacted tens of millions of U.S. consumers, the agency said on Monday. T-Mobile will pay a …
October 1, 2024
Connecticut workers’ compensation insurers are recommending an overall 6.1% reduction in loss costs in the voluntary market and a 6.2% overall reduction in the assigned risk market for next year. If the recommendation is approved, it would mark the eleventh …
October 1, 2024
Hawaii’s Supreme Court will consider questions about issues that threaten to thwart a $4 billion settlement in last year’s devastating Maui wildfires. A Maui judge last month agreed to ask the state high court questions about how insurance companies can …