INSURANCE NEWS
Waymo Expands Robotaxi Services Into More Parts of San Francisco Bay Area
Waymo will expand into more areas of the San Francisco peninsula and parts of Silicon Valley, as the sole commercial robotaxi operator in the U.S. seeks to scale up operations, the Alphabet unit said on Tuesday. The self-driving technology firm …
Alex Jones Accused of Hiding Assets as Sandy Hook Families Seek Payment
The trustee overseeing Infowars host Alex Jones’ personal bankruptcy case is accusing the far-right conspiracy theorist of trying to shield more than $5 million from creditors, including relatives of victims of the 2012 Sandy Hook Elementary School shooting in Connecticut. …
Viasat Identified as Victim in Sweeping Phone Hack Tied to China
Viasat Inc. is the latest US communications company identified as a victim of the sweeping surveillance hack blamed on the Chinese government that emerged during last year’s presidential campaign, according to people familiar with the matter. The breach of the …
LA Mayor Lifts Downtown Curfew She Imposed During Protests
Downtown Los Angeles businesses hoped customers would return quickly after Mayor Karen Bass lifted a curfew she had imposed last week to prevent vandalism and break-ins during nighttime protests against President Donald Trump’s immigration crackdown. The protests, which have been …
Justices Back Temporary Texas Nuclear Waste Storage Site
The US Supreme Court left intact a federal plan to store as much as 40,000 tons of highly radioactive waste at a temporary site in west Texas over the objections of local landowners and oil and gas operators. Voting 6-3, …
Carnival Cruise Lines Not Liable for Teen’s Sexual Assault on Ship, Appeals Court Finds
Carnival Cruise Lines could not have foreseen a sexual assault on a teenager, despite a lack of security presence at the time, the sneaking of booze on to the ship by an alleged assailant, and reports of more than 100 …
Parametric Insurer Descartes Receives Investment From Battery Ventures
Descartes Underwriting, the Paris-based parametric insurer for climate and emerging risks, announced a strategic investment by Battery Ventures, a technology-focused investment firm. Financial details of the investment were not disclosed. The transaction enables Battery to join the company’s shareholder base …
People Moves: Liberty Mutual Names Bhatnagar President, GRS Major Accounts; Geary Hired as TMHCC CEO of North America P/C; Willis Appoints Fisher to Lead Law Firms
Liberty Mutual Insurance Appoints Bhatnagar President, Major Accounts, GRS North America; Fallon Announces Retirement Liberty Mutual Insurance, headquartered in Boston, named Neal Bhatnagar president, major accounts, of Global Risk Solutions (GRS) North America, effective July 7. He will report to …
King Risk Acquires Nobles Agency in North Carolina
King Risk Partners, one of the largest insurance brokerages in the U.S., has acquired Nobles Insurance Agency in North Carolina, King Risk announced this week. Nobles, with offices in Raleigh, Clayton and other cities, has been in business for almost …
Groups Notify Musk’s AI Company of Intent to Sue Over Facility Pollution in Memphis
The NAACP and an environmental group said Tuesday that they intend to sue Elon Musk’s artificial intelligence company xAI over concerns about air pollution generated by a supercomputer facility located near predominantly Black communities in Memphis. The xAI data center …
Perelman at $410 Million Art Trial Says Fire Faded His Works
Ron Perelman told a judge that five of his paintings totaling over $400 million in value lost their luster from a fire in his Hamptons home, at the trial of his lawsuit seeking to force his insurers to cover the …
Finnish Insurer Sampo Picks Thorsrud as CEO to Succeed Magnusson
Finland’s Sampo Oyj appointed Morten Thorsrud to succeed retiring Torbjorn Magnusson as chief executive officer, in a sign of continuity at the helm of the property and casualty insurer. Thorsrud, who currently runs the If P&C unit within the group, …