INSURANCE NEWS
New FTC Court Filing: Amazon Made $1B Through Secret Price Algorithm
Amazon.com used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that pushed up prices U.S. households paid by more than $1 billion, the U.S. Federal Trade Commission detailed in a new court …
Tesla Wins First US Autopilot Trial Involving Fatal Crash
Tesla on Oct. 31 won the first U.S. trial over allegations that its Autopilot driver assistant feature led to a death, a major victory for the automaker as it faces several other lawsuits and federal investigations related to the same …
Uber Settles New York State Claims Related to Unemployment Benefits for Drivers
Uber Technologies has reached a settlement with the New York State Department of Labor to help ensure that eligible drivers and couriers can obtain unemployment benefits, New York Governor Kathy Hochul said on Thursday. The ride-sharing company agreed to begin …
Lawmakers Advance Bill to Increase Transparency of Pennsylvania’s Universities
An effort supporters say will boost transparency in several leading Pennsylvania universities passed the House of Representatives on Monday, while the universities’ annual state subsidies remain snarled in the Legislature in a partisan funding dispute. The bill passed 201-1. It …
Neglect Has Hastened Patient Deaths at Montana Psychiatric Hospital, Lawsuit Says
Montana’s state psychiatric hospital has been so poorly run for decades that patients are unsafe and not treated with dignity and respect, which combined with a pattern of understaffing, lack of training and neglect has hastened the deaths of two …
Southern California Wildfire That Prompted Evacuation Order Now 20% Contained
A wildfire fueled by Santa Ana winds that in southeast of Los Angeles, forcing about 4,000 people from their homes, has grown to 2,4897 acres and is now 20% contained. The Highland Fire started Monday afternoon in unincorporated Riverside County. …
People Moves: Worden Joins Leif Assurance; Kahle Joins Alliant in Kansas City
Worden Joins Leif Assurance Leif Assurance, headquartered in St. Louis, Missouri, hired Robert Worden as a construction insurance specialist. Worden has nearly 15 years of insurance industry experience. Before joining Leif Assurance, he most recently served as senior vice president, …
Louisiana Was Open to Cancer Alley Concessions. Then EPA Dropped its Investigation
For more than a year, the Environmental Protection Agency investigated whether Louisiana officials discriminated against Black residents by putting them at increased cancer risk. Federal officials said they had found evidence of discrimination and were pressuring the state to strengthen …
Israel’s Ship Industry Urges Government to Help With Soaring War Risk Premiums
Ships sailing for Israel face a 10-fold jump in war risk premiums as the conflict in Gaza intensifies, prompting industry calls for the government to help ensure vital imports keep coming. Israel has vowed to annihilate Islamist group Hamas after …
Texas Court: Immunity Doesn’t Protect Local Governments from Administrative Penalties
Political subdivisions in Texas can’t use governmental immunity to evade administrative penalties for failing to timely pay workers’ compensation benefits, a state appellate court ruled Tuesday. A panel of the 3rd District Court of Appeals in Austin upheld a trial …
Hub Acquires Ohio’s Overmyer Hall Associates
Hub International Limited announced the acquisition of the assets of OH-INS, LLC, d/b/a Overmyer Hall Associates. Terms of the transaction were not disclosed. Headquartered in Columbus, Ohio, Overmyer Hall Associates is one of the largest property & casualty insurance agencies …
Uber to Pay $290M, Lyft $38M to Settle New York Wage Theft Claims
Uber and Lyft will pay a combined $328 million to settle claims by New York’s attorney general that the ride-sharing companies systematically cheated drivers out of pay and benefits. Attorney General Letitia James said Uber will pay $290 million and …