A storm that moved across eastern Canada from March 26-29 brought heavy rain and strong winds, causing C$50 million (US$41.5 million) in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ). Damage reports spanned the region …
Alera Group, an independent, national insurance and wealth management firm based in Deerfield, Illinois, has acquired Direct Benefits Inc., located in Saint Paul, Minnesota. Direct Benefits specializes in insuring individuals, families, retirees and small businesses with dental, vision, pet, travel, …
Governor Ron DeSantis has appointed three new members to the board of governors of Citizens Property Insurance Corp., his office said in a statement. Jillian Hasner of Boca Raton currently serves as president and chief executive officer of Take Stock …
Integrated Specialty Coverages (ISC), a multi-line program administrator that builds end-to-end insurance products with artificial intelligence (AI) engineering and data analytics, has launched a new general liability policy program for gig economy contractors. The program provides contractors “by the job” …
Dozens more men are suing Ohio State over the university’s failure to stop sexual abuse and misconduct decades ago by team doctor Richard Strauss. They echo claims filed previously by over 400 men, many of whom allege they were groped …
A company with a Yukon, Oklahoma, facility has agreed to pay $395,000 in back wages under a settlement of allegations that it discriminated against Black, Asian, Native Hawaiian and Pacific Islander job applicants, the U.S. Labor Department reported. Under the …
A lawsuit that accuses the state of Michigan of failing to regulate and enforce safety regulations on a dam that failed, causing an estimated $200 million in damages and destroying 2,500 structures, may not be resolved soon, an attorney representing …
Amazon.com Inc. said on Tuesday it is extending until further notice a moratorium it imposed last year on police use of its facial recognition software. The company had halted the practice for one year starting in June 2020. Its announcement …
While a typical business interruption can often be a confusing insurance situation, the picture gets even muddier when it involves cyber coverage. Chris Mortifoglio, a forensic accountant, knows all too well how muddy it can become. “I will tell you …
A federal judge on Tuesday questioned a $2 billion proposal by Bayer AG that would create a framework for resolving future claims that its Roundup weedkiller causes cancer, casting doubt on the plan a day before a key hearing. Bayer …
