INSURANCE NEWS
Deadly Sinking of New England Fishing Vessel Prompts Call for Inspections, Locator Beacons
PORTLAND, Maine (AP) —A fishing vessel that sank in New England, resulting in the loss of all four fishermen, likely capsized because of poor drainage of seawater from the rear deck and hatches that weren’t watertight, investigators said. The National …
Robotaxi Coming to Austin and Phoenix
General Motors’ self-driving technology unit Cruise plans to expand its driverless ride service to include Phoenix, Ariz. and Austin, Texas, in 90 days, Cruise Chief Executive Kyle Vogt said on Monday. Speaking at a Goldman Sachs conference, Vogt also said …
Oklahoma CSR and Insurance Consultant License Conversion To Take Effect Nov. 1
The Oklahoma Insurance Department issued a special notice to licensed Customer Service Representatives and Insurance Consultants last week regarding the automatic conversion of their licenses as Insurance Producers. According to the notice, effective Nov. 1, 2022, Oklahoma licensed Customer Service …
Viewpoint: The Chinese Government is Coming for Your Company Secrets
This content was originally published in Harris Bricken’s China Law Blog. It is republished here with permission. No matter what I do as a lawyer to try to protect my clients’ IP and trade secrets from China, there remain many …
US Cyber-Defense Agency Urges Companies to Automate Threat Testing
The US government’s cyber defense agency is recommending for the first time that companies embrace automated continuous testing to protect against longstanding online threats. The guidance, from a cluster of US and international agencies published on Wednesday, urges businesses to …
New Jersey Cannabis Regulator Issues Employers’ Guidance for Workplaces
New Jersey has issued guidance for workplaces to support employers’ right to create and maintain safe work environments, as well as affirm employees’ right to due process. According to the guidance and “Reasonable Suspicion Observation Report Form” by the New …
3M Belgian Settlement Signals Increased Risk of ‘Toxic Torts’ in Europe
“Toxic torts,” which are lawsuits alleging damage to human health or the environment caused by specific substances, are increasingly common in the United States. They can cost defendants hundreds of millions, even billions of dollars. But such risks are no …
Missouri Supreme Court Won’t Take Up Recreational Pot Suit
The Missouri Supreme Court on Tuesday refused to take up a lawsuit challenging a ballot proposal to legalize recreational marijuana use in the state. The Tuesday ruling means the proposed constitutional amendment will be on the Nov. 8 ballot. If …
ProNavigator Raises $10M Growth Investment, Opens Second HQ
ProNavigator, provider of the only purpose-built SaaS knowledge management platform made for insurance, has closed $10 million of growth financing to accelerate U.S. and Canadian sales and product development and grow the team. ProNavigator founder and CEO, Joseph D’Souza, will …
Bell Tolls at Lloyd’s for Queen Elizabeth II, Accession of King Charles III
This morning the Lutine Bell in the Lloyd’s Underwriting Room rang once to mark the death of Her Majesty Queen Elizabeth II and twice for the accession of His Majesty King Charles III. The ceremony was open to all Lloyd’s …
Risk Strategies Acquires Missouri’s Beattie & Associates
Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Beattie & Associates, a retail agency in Missouri specializing in employee benefits for both individuals and employers. Terms of the deal were not announced. Headquartered …
Indiana City to Pay $1.7 Million in Deadly Police Chase Crash
The city of Evansville, Indiana has agreed to pay $1.75 million to settle a woman’s lawsuit stemming from a 2017 police chase crash that killed her two children and her husband and left her seriously injured. The Evansville City Council …