INSURANCE NEWS
Insurance CEOs Talk Gen AI, Growth, Workforce Strategies
A much higher percentage of insurance chief executives say that generative AI is a top investment priority for their firms than peers in other industries, according to a survey report published by professional services firm KPMG. Roughly eight-in-10 insurance CEOs—81 …
Purdue Settlement Talks With Sacklers Extended to November
Purdue Pharma LP said its making progress in settlement talks with members of the Sackler family who own the company and won another extension of a breathing spell that’s shielded the family from civil lawsuits for years. Judge Sean Lane …
Highstreet Acquires Mitchell Agency in Florida
Michigan-based Highstreet Insurance Partners has acquired the Mitchell Agency, headquartered in Largo, Florida, near St. Petersburg. Highstreet said in a news release that the Florida agency and its eight employees will be under the direction of Gulf Regional President Vin …
Critics Say Lawmakers Watered Down California’s Lemon Car Law After Secret Negotiations
Californians for the past 54 years have relied on the state’s “lemon law” to fight back against car makers that sell them defective vehicles. Now, critics say Californians’ ability to recoup their money after buying a clunker could become more …
Hundreds Sue Over Alleged Sexual Abuse at Illinois Juvenile Detention Centers
CHICAGO (AP) — More than 200 men and women were sexually abused as children while in custody at juvenile detention centers in Illinois, according to lawsuits filed Monday, the latest in a string of complaints alleging decades of systemic child …
Report: Experts Worry California’s Wildfire Season Could Get Worse
Despite several early blazes and one of the state’s largest so far, experts worry California’s wildfire season could get worse when the seasonal winds responsible for fanning some of the biggest fires arrive. A CNN report out this week queries …
Kansas County Reports Unauthorized Access to Personal Information in Ransomware Attack
A Kansas county said it found unauthorized access and acquisition of personal information maintained by the bounty, including protected health information related to individuals who received services. Franklin County, located southeast of Kansas City, shared in a Sept. 20 update …
JetBlue Flight Makes Emergency Landing In Kansas After False Alarm
SALINA, Kansas (AP) — A JetBlue flight from New York to San Diego landed safely in Kansas after the crew received an alert about smoke in the cargo area, authorities said. The airline said it turned out to be a …
Jury Clears Most Defendants in Trump Train Trial
An Austin jury cleared all but one of six Donald Trump supporters who were accused of breaking federal law when they surrounded a Joe Biden campaign bus driving down a Texas highway days before the 2020 election. The seven-person jury, …
Suit Alleges Services Outsourcing Firm Discriminated Against Blind Employee at Texas Call Center
The Results Companies, LLC, a services outsourcing firm, violated federal law when it refused to provide a reasonable accommodation for a blind call center employee and then fired her, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. …
Maryland Joins in Suing Dali Ship Owner, Operator for Baltimore Bridge Collapse
The state of Maryland is suing the owner and operator of the Dali cargo ship that caused the collapse of Baltimore’s Francis Scott Key Bridge in March, joining the U.S. government, the families of six workers killed in the tragedy, …
Aon Launches US Severe Convective Storm Model
Just a few weeks after unofficially announcing that a new catastrophe model was in the works, Aon officially announced the launch of a model to analyze U.S. Severe Convective Storms this week. Paul Shedden, head of global analytics– insurance and …