Insurance
People Moves: IUA Names Convex’s Butt as Chair as McDonald’s 2-Year Term Ends
International Underwriting Association Names Convex’s Butt as Chair Theo Butt, chief Executive Officer, UK for Convex Insurance, has been elected as the new chair of the International Underwriting Association (IUA). He will take over from Claire McDonald, chief executive officer …
Read More New York Law Requiring Algorithmic Pricing Disclosure Goes Into Effect
New York Attorney General Letitia James has issued a consumer alert encouraging New Yorkers to report companies not disclosing their use of algorithmic pricing, as a new state law requires. Algorithmic pricing allows companies to automatically adjust prices based on …
Read More Japan Firms Win Big Benefits From Spending on Climate Resilience, CDP Says
Companies in Japan are likely to win greater benefits than global peers from spending on climate resilience, according to CDP, an environmental disclosure nonprofit. Businesses in the nation face disruption risks from issues including earthquakes and flooding, while spells of …
Read More Crews Are Working to Fix Alaska Native Villages Devastated by Floods. But Will Residents Return?
Darrel John watched the final evacuees depart his village on the western coast of Alaska in helicopters and small planes and walked home, avoiding the debris piled on the boardwalks over the swampy land. He is one of seven residents …
Read More People Moves: Wong Named WCIRB Chief Information Officer
The Workers’ Compensation Insurance Rating Bureau of California promoted Christopher Wong to chief information officer. Wong succeeds Eric Riley, who will retire on November 30, following a 39-year career with the WCIRB. Riley held a variety of leadership roles spanning …
Read More MIT Grad Brothers Fraud Jury Unable to Reach a Verdict
A jury was unable to reach a verdict in the fraud trial of two brothers, both recently graduated from the Massachusetts Institute of Technology, who were accused of stealing roughly $25 million in cryptocurrency from traders on the Ethereum blockchain. …
Read More Vermont Christian School Challenges State’s Education Funding as Discriminatory
The Mid Vermont Christian School is challenging Vermont’s education reform law in federal court, arguing that the law’s set of provisions around public tuition dollars “creates a religious gerrymander and discriminates against religious approved independent schools in Vermont.” The school’s …
Read More Coal Miners With Black Lung Say Government Cuts Are Suffocating the Working Man
Lisa Emery loves to talk about her “boys.” With each word, the respiratory therapist’s face softens and shines with pride. But keep her talking, and it doesn’t take long for that passion to switch to hurt. She knows the names, …
Read More GoDaddy Hit With $170M Patent Verdict Over Web-Design Tech
Internet domain registrar GoDaddy GDDY.N owes a patent owner $170 million for violating its rights in website-building technology, a Delaware federal jury said in a verdict made public on Friday. The jury agreed with Express Mobile that GoDaddy’s web-design tools …
Read More Four Indicted for Roles in New Jersey Home Invasion, Auto Theft Ring
New Jersey Attorney General Matthew J. Platkin and the Division of Criminal Justice (DCJ) reported that four men were charged in a 61-count indictment for their respective roles in an auto theft and home invasion ring. The charges include home …
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