INSURANCE NEWS
Meta Loses Bid to Appeal UK Class Action Over User Data
Meta Platforms Inc. failed in a bid to challenge a class action suit in the UK that alleged Facebook abused its dominant position and exploited its users personal data. The UK’s Court of Appeal refused to permit Meta and Facebook’s …
French Families Sue TikTok Over Alleged Failure to Remove Harmful Content
Seven French families have filed a lawsuit against social media giant TikTok, accusing the platform of exposing their adolescent children to harmful content that led to two of them taking their own lives at 15, their lawyer said on Monday. …
SEC Says JPMorgan Chase Settles Five Enforcement Cases, to Pay $151M
JPMorgan Chase will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the largest U.S. bank made misleading disclosures to brokerage customers, the regulator said on Thursday. The settlements include $61 million of …
Despite Recent Backlash, Nearly 60% of U.S. Workers Support Current DEI Policies
While recent events have put corporate America’s diversity efforts on defense, the programs continue to receive strong support from employees, according to new research from The Conference Board. The survey gauges employees’ and executives’ perceptions of DEI initiatives and backlash. …
Would Letting Roofers Do More Wind-Mit Work Help Cut Florida’s Insured Losses?
A recent photograph of destruction left by Hurricane Milton’s wind tells the story: An entire roof section on a residential complex in Bradenton, Florida – including rafters and ceiling joists – was ripped off, exposing people’s abodes and belongings to …
60,000 Wawa-Branded Tumblers Recalled Because Their Metal Straws Can Cut Customers
Some 60,000 Wawa-branded beverage tumblers are under recall due to a laceration hazard posed by the products’ metal straw. According to a Thursday notice published by the U.S. Consumer Product Safety Commission, the metal straw inside the now-recalled tumblers can …
Changes to Washington Homeowners and Auto Premium Rule to Be Considered
Washington Insurance Commissioner Mike Kreidler has proposed modifying the state’s recently adopted premium change transparency rule. The proposal is specific to Phase 2 of the rule (the automatic inclusion of reasons for premium increases in policy renewals). It moves the …
Delta-8 Hemp and Texas Medical Marijuana Industries to Face Off in Upcoming Legislative Session
Jack Stinnett got life-changing news in 2020 when he learned the lump that appeared on the side of his neck was tongue and mouth cancer. He and his wife Karen quickly enrolled him at MD Anderson Cancer Center in Houston, …
Data Centers Will Have to Make Minimum Power Payments in Ohio
Big data centers in Ohio will have to pay a minimum of 85% of the energy they need to cover the costs of grid improvements under a settlement submitted Wednesday by one of the state’s largest utilities. The pact was …
Judge Dismisses Lawsuit Against Minnesota Trooper in Fatal Shooting of Black Man
A federal judge has dismissed a civil rights lawsuit against a white Minnesota state trooper who shot and killed a Black man during a traffic stop last year, ruling that the trooper’s actions did not violate the law. On Wednesday, …
Texas Pecan Farmers Fight to Save Water Suply
FORT STOCKTON — Zachary Swick plucked a pecan from one of the 78,000 trees at a sprawling West Texas farm — a rare sight in the desert known for oil rigs and pump jacks. He peeled away the pecan’s layers, …
Texas Assisted Living Facility Fined for Firing Nurse With Sleep Disorder
VibraLife of Katy, LLC, a rehabilitation and assisted living facility in Katy, Texas, will pay $80,000 and furnish other relief to settle a U.S. Equal Employment Opportunity Commission (EEOC) disability discrimination and retaliation lawsuit, the federal agency announced today. According …