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Up-Market Home Insurtech Openly Opens for Business in 2 States After Raising $7.6M

The tech-enabled high-end home insurance provider Openly announced it has begun selling in Illinois and Arizona at the same time it announced a $7.65M seed round of funding led by Gradient Ventures, Google’s AI-focused venture fund. Openly’s first product is …

$8.5M in Washington Foster Care Sex Abuse Case

Washington state will pay two children $8.5 million after they claimed the state Department of Social and Health Services failed to protect them from sexual abuse by their foster parent. The children sued the agency in Snohomish County Superior Court …

Digital MGA C-Quence Joins with Insurtech Cytora to Transform Mid-Market Insurance

C-Quence, the digital managing general agent (MGA), and Cytora, the insurtech startup that operates an artificial intelligence-powered platform, are joining forces to “turbocharge innovation” in commercial property & casualty (P/C) underwriting. C-Quence will launch its P/C suite in January using …

McDonald’s Will Pay $26 Million to Settle California Wage, Overtime, Break Claims

McDonald’s Corp. agreed to pay $26 million to settle a nearly seven-year-old lawsuit accusing the fast food chain of underpaying U.S. staff at its corporate-owned restaurants in California. The preliminary settlement resolves claims that the company used a timekeeping system …

Online Scams Are Catching Newly Vulnerable Icelanders Unprepared

“Hi, I hope you are not busy?” The treasurer of the Icelandic soccer club Afturelding got the email from his manager late in the afternoon, soon before banks were about to close. The words “Sent from my iPhone” were at …

AXIS Capital’s Losses from Japan’s Typhoon Hagibis Estimated at $90M-$110M

AXIS Capital Holdings Ltd. announced a preliminary pre-tax loss estimate for Japanese Typhoon Hagibis in the range of $90 million to $110 million, net of estimated recoveries from reinsurance and retrocessional covers, and including the impact of estimated reinstatement premiums. …

Health Department Links Salmonella Outbreak to North Carolina Restaurant

Health officials say a barbeque restaurant in North Carolina may have sickened about a dozen people with salmonella. A press release from the Nash County Health Department says the operating permit for Doug Saul’s Bar-B-Que & Seafood in Nashville, N.C., …

Explosion at Dippin’ Dots Production Facility in Kentucky Injures Four

Authorities say an explosion at the Dippin’ Dots production facility in Kentucky has injured four people. Dippin’ Dots CEO Scott Fischer says the explosion occurred in a production area around 10 p.m. Friday evening. Fischer said in a release that …

Florida Investigating Attorney Charged with Lawsuit Fraud

The Florida Bar has opened an investigation of a New York lawyer who it says may have been practicing in Florida without a license. The Bar’s investigation of Stuart Finkelstein stems from federal charges this week alleging that he filed …

Massachusetts Attorney General Issues Asbestos Safety, Enforcement Report

Massachusetts Attorney General Maura Healey has released a report highlighting her office’s ongoing efforts to protect children, families and workers from the health risks posed by exposure to asbestos. The report highlights the work of AG Healey’s “Healthy Buildings, Healthy …

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