Insurance
FedEx Sued for Violating Federal Law by Discriminating Against Minnesota Driver
The Federal Express Corporation (FedEx) violated federal law when it failed to provide reasonable accommodations for qualified, disabled ramp transport drivers with medical restrictions, and instead forced them to take unpaid leave or fired them, the U.S. Equal Employment Opportunity …
Read More People Moves: Lovett Joins Fideles Advisors as Chief Systems and Distribution Advisor
Lovett Joins Fideles Advisors as Chief Systems and Distribution Advisor Fideles Advisors, headquartered in San Antonio, Texas, appointed Tim Lovett chief systems and distribution advisor. Lovett’s expertise spans technology orientation and implementation, operational strategy, and business model development within the …
Read More NHTSA Probes 781,000 Newer Jeep Vehicles Over Fire Reports
A U.S. auto safety agency said on Monday it is opening an investigation into more than 781,000 newer Jeep Wrangler and Gladiator sport utility vehicles after reports of underhood fires under the hood. The National Highway Traffic Safety Administration said …
Read More Summer 2024 Was World’s Hottest on Record: EU Climate Change Monitor
The world is emerging from its warmest northern hemisphere summer since records began, the European Union’s climate change monitoring service said on Friday, as global warming continues to intensify. The boreal summer of June to August this year blew past …
Read More Typhoon Yagi Kills 14 in Vietnam as Officials Warn of Heavy Rain, Flooding
At least 14 people have died and 176 others injured in Vietnam after Typhoon Yagi slammed the country’s north, state media said Sunday, as officials warned of heavy downpours despite its waning power. Described by Vietnamese officials as one of …
Read More California Policyholders May Be On the Hook for Wildfire Losses
California homeowners could be required to pay a surcharge if the state’s insurer of last resort is unable to cover losses from a catastrophic wildfire. The California Department of Insurance sent a bulletin to insurance companies this week outlining how …
Read More Fast-Growing California Wildfire Threatening 35,000 Structures
A fast-growing wildfire in Southern California, has burned 27 square miles, forcing thousands to evacuate had is putting roughly 35,000 homes and buildings at risk. The Line fire near San Bernardino more than quadrupled in size over the weekend, prompting …
Read More Commerce Department Looks to Require Reporting for AI, Cloud Providers
The U.S. Commerce Department said Monday it is proposing to require detailed reporting requirements for advanced artificial intelligence developers and cloud computing providers to ensure the technologies are safe and can withstand cyberattacks. The proposal from the department’s Bureau of …
Read More Google’s Ad Empire Under Fire With US Antitrust Trial to Begin
Alphabet Inc.’s Google heads back to court Monday to face US Justice Department allegations that it manipulates the $677 billion display advertising market in violation of antitrust laws, just one month after losing a landmark ruling that it illegally dominates …
Read More People Moves: BMS Re Names Mirabal Latin American and Caribbean CEO; Zurich Asia Pacific Hires Heads of Financial, Casualty Lines
Specialty reinsurer BMS Re announced the appointment of Anthony Mirabal as CEO of the Latin America and Caribbean (LAC) Division, effective November 2024. Mirabal has more than 30 years of experience in reinsurance, first as a casualty underwriter with Gen …
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