INSURANCE NEWS
Mother Files Wrongful Death Lawsuit Against Shuttered Missouri Christian Boarding School Over Son’s Abuse and Suicide
MISSION, Kan. (AP) – A mother is suing a shuttered Christian boarding school in Missouri, blaming her son`s death on a gang rape and other abuse he endured there. Agape Boarding School has been subjected to a wave of litigation …
South Carolina Prosecutors Want to Limit Minority Leader’s Sway Over Judges
COLUMBIA, S.C. (AP) — Nine of South Carolina`s 16 elected prosecutors are asking to remove all legislators who are lawyers from a committee that decides which judicial candidates are put before the General Assembly for election. All six of the …
People: Myers Named Benefits Group VP at Alliant
Alliant Insurance Services, a distributor based in California, said it has named Scott Myers vice president of its employee benefits group. Myers is based in West Palm Beach. He has 15 years’ experience and has worked as a benefits consultant …
Tesla Aware of Autopilot Steering Malfunction Before Fatal Crash: Lawyer
An attorney suing Tesla over a fatal accident cited an internal safety analysis conducted by the company that showed it knew about a steering malfunction in its Autopilot driver assistant feature about two years earlier. The disclosure came during closing …
Florida-based Brown & Brown Beats Expectations with Earnings, Dividends
Brown & Brown Inc. (BRO on NYSE) this week reported third-quarter earnings of $175.9 million. The Daytona Beach, Florida-based brokerage said it had net income of 62 cents per share. Earnings, adjusted for non-recurring costs, came to 71 cents per …
Chubb Q3 Net Income Increases 158% to $2 Billion
Third quarter net income at Chubb Ltd. shot up to $2.04 billion, an increase of nearly 158% over last year’s $792 million during the same quarter. Chubb’s P/C underwriting income was up about 84% to $1.3 billion in the third …
Theft of 2 Million Dimes Linked to Truck Cargo Robbery Spree
Federal authorities have released more details and unsealed charges in the theft of more than 2 million dimes earlier this year from a tractor-trailer that had picked up the coins from the U.S. Mint in Philadelphia. The truck driver was …
Israeli Firms Try to Cope With Trauma, Worker Shortages, Missed Deadlines
Business as usual is rare right now inside the companies that power Israel’s $520 billion economy, as leaders try to keep operations going while offering emotional and other support to workers. The realities of the Israel-Hamas war are upending not …
Meta’s Instagram Linked to Depression, Anxiety, Insomnia in Kids: States’ Lawsuit
Dozens of U.S. states are suing Meta Platforms and its Instagram unit, accusing them of fueling a youth mental health crisis by making their social media platforms addictive. In a complaint filed on Tuesday, the attorneys general of 33 states …
CISA Offers Guidance on Cybersecurity Awareness Month’s 20th Anniversary
As the world’s digital ecosystem has grown and become more complex, Trent Frazier, deputy assistant director in the stakeholder engagement division at CISA, or the Cybersecurity and Infrastructure Security Agency, said on this episode of The Insuring Cyber Podcast that …
Delayed Autopsies Pile Up in Mississippi, Complicating Insurance, Legal Questions
JACKSON, Miss. (AP) — Incomplete homicide autopsy reports have continued to pile up in Mississippi – despite tough-on-crime talk by state leaders ahead of the Nov. 7 general election. Police officers and prosecutors rely on medical examiners` autopsy reports to …
Hurricane Otis Makes Landfall Near Acapulco as Category 5 Storm
Hurricane Otis made landfall near the tourist hotspot of Acapulco on Mexico’s Pacific Coast as a deadly Category 5 hurricane with winds capable of collapsing homes, ripping apart power lines and tossing trees. The storm made landfall around 2:25 a.m. …