what we do
WHAT WOULD YOU LIKE TO DO TODAY?
INSURANCE NEWS
Billionaire Tax Measure on California Ballot Defeated
A billionaire tax that U.S. Senator Bernie Sanders and other progressives championed as an antidote to economic inequality and a potential model for the rest of the country was defeated in California, U.S. media projected. Proponents had estimated Prop 40 …
Measles Cases in Pennsylvania Now Surpass 1,500: State Health Department
The number of measles cases in Pennsylvania reached 1,505 as of Monday, up 18 from the previous update on Friday, as the state battles its worst outbreak of the disease in years. Here are more details: Pennsylvania reported 73 new …
Nvidia-Backed Fireworks AI Notifies Customers of Its Second Hack in Weeks
Fireworks AI, a popular startup that helps companies run artificial intelligence models, notified customers on Monday of a security breach in which their data was accessed, its second known hack in a matter of weeks. A Fireworks spokesperson said the …
Workers’ Compensation Claims Triggered Probes of Walmart for Child Labor Violations
Pennsylvania announced a $7.8 million settlement with Walmart for violations of the state’s Child Labor Act in what the Shapiro Administration said is the largest child labor enforcement action in Pennsylvania history. Investigations were triggered by reports of workers’ compensation …
Nvidia, CEO Huang Sued Over Disclosures Related to Suspected Chinese Spy
Nvidia and Chief Executive Jensen Huang were sued on Oct. 9 in a proposed class action accusing them of defrauding shareholders by concealing Huang’s ties with a suspected Chinese spy. According to a complaint filed in federal court in San …
US Sues Lyft, Alleges Discrimination Against Disabled Riders
The US Justice Department sued Lyft, alleging the ride-hailing services provider discriminated against passengers with disabilities, including those who use service animals and mobility devices such as stowable wheelchairs. The lawsuit filed Oct. 9 seeks $53 million for individuals with …
Ivans: US Commercial Premium Renewal Rate Increases Slowed in October
Year over year, average U.S. commercial premium renewals for all major commercial lines of business are up except for workers’ compensation, according to the Ivans Index. Chicago-based Ivans recently released its latest index results, with commercial auto, business owners policy, …
GSK, Moderna Settle Patent Dispute Over Moderna COVID, RSV Shots
British drugmaker GSK has settled lawsuits that accused Moderna’s COVID-19 vaccines Spikevax and mNEXSPIKE and RSV shot mResvia of infringing its patents, the companies said on Oct. 6. Moderna said in a press release that it settled GSK’s patent litigation …
NHTSA Opens Probe Into 1.2 Million Ford Vehicles Over Airbag Deployment
The National Highway Traffic Safety Administration on Monday said it opened a preliminary evaluation into more than 1.2 million Ford vehicles over the accidental deployment of seat-mounted side airbags that caused serious burn injuries. NHTSA said it has received eight …
Florida Flooding Closes 90-Bed Rehab Hospital in Melbourne
Flooding on Florida’s east coast last week was so severe that it has caused the indefinite closure of a 90-bed rehabilitation hospital in Melbourne. Sea Pines Rehabilitation Hospital, owned in part by Alabama-based Encompass Health, sustained substantial damage in the …
Uninsured And Flooded Out, A Colorado Man Worries If Life Will Be Normal Again
Matthew Martinez has lived nearly all of his 60 years in a canyon on the Navajo River and had never seen severe floods. Then, twice over the last two weeks, the river surged through his home and outbuildings in far …
France Says Iran’s Revolutionary Guards Carried Out Fridge Hacks
France has openly pointed the finger at Iran for recent cyberattacks that crippled fridges and created havoc in hundreds of supermarkets across the nation. “The responsibility for this attack lies with Iran’s Islamic Revolutionary Guard Corps,” French Foreign Minister Jean-Noel …
