News Archives - Insurance Journal

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18 07, 2023

People Moves: Fred C. Church Promotes Burbine; Rodriguez Reappointed Chair of New York Workers’ Comp

By | July 18th, 2023|Uncategorized|Comments Off on People Moves: Fred C. Church Promotes Burbine; Rodriguez Reappointed Chair of New York Workers’ Comp

Fred C. Church Insurance Promotes Burbine to SVP, Sales Leader Fred C. Church Insurance, headquartered in Lowell, Mass., promoted Bill Burbine to senior vice president, sales leader. Burbine’s insurance career began in 2002 with Banknorth Insurance Group of Portland, Maine. …

18 07, 2023

Tesla Sues Australia’s Cap-XX Over EV Battery Technology Patents

By | July 18th, 2023|Uncategorized|Comments Off on Tesla Sues Australia’s Cap-XX Over EV Battery Technology Patents

Tesla sued Australian company Cap-XX in Texas federal court on Friday, claiming its supercapacitors used for storing energy in electric-vehicle batteries infringe two U.S. patents owned by a Tesla subsidiary. Tesla CEO Elon Musk pledged in 2014 not to “initiate …

14 07, 2023

How Push for the Atomic Bomb Spawned Enduring Radioactive Waste Problems in St. Louis

By | July 14th, 2023|Uncategorized|Comments Off on How Push for the Atomic Bomb Spawned Enduring Radioactive Waste Problems in St. Louis

ST. LOUIS (AP) __ The federal government and companies responsible for nuclear bomb production and atomic waste storage sites in the St. Louis area in the mid- 20th century were aware of health risks, spills, improperly stored contaminants and other …

14 07, 2023

People Moves: Cooper Named WCIRB EVP and Chief Actuary

By | July 14th, 2023|Uncategorized|Comments Off on People Moves: Cooper Named WCIRB EVP and Chief Actuary

Sean Cooper has been named executive vice president and chief actuary at the Workers’ Compensation Insurance Rating Bureau of California, headquartered in Oakland, Calif. Cooper succeeds Dave Bellusci, who retired from the WCIRB after 33 years. Cooper has more than …

14 07, 2023

Buffalo Supermarket Shooting Victims Sue Facebook, Amazon, Other Tech Giants

By | July 14th, 2023|Uncategorized|Comments Off on Buffalo Supermarket Shooting Victims Sue Facebook, Amazon, Other Tech Giants

Tech and social media giants like Facebook, Amazon and Google bear responsibility for radicalizing the Buffalo supermarket shooter, who was fueled by racist conspiracy theories he encountered online, the victim’s relatives said in a lawsuit filed Wednesday. “They were the …

14 07, 2023

Kin Bringing Home and Property Insurance to Arizona

By | July 14th, 2023|Uncategorized|Comments Off on Kin Bringing Home and Property Insurance to Arizona

Kin is expanding into Arizona, marking the digital insurer’s first move into the U.S. Southwest. Kin is a direct-to-consumer digital insurer focused on the growing homeowners insurance market. It is a licensed carrier that offers coverage through its reciprocal exchanges …

14 07, 2023

New York Yankee Uniform Sleeve Gets the Starr Treatment

By | July 14th, 2023|Uncategorized|Comments Off on New York Yankee Uniform Sleeve Gets the Starr Treatment

On July 21, when the New York Yankees open their first homestand after the All Star break, the players’ famous uniforms will look a bit different. They will sport a Starr Insurance logo on the sleeve. The insurer’s jersey patch …

14 07, 2023

Nexus Underwriting Completes Acquisition of Evolve in California

By | July 14th, 2023|Uncategorized|Comments Off on Nexus Underwriting Completes Acquisition of Evolve in California

Nexus Underwriting completed its acquisition of Evolve Cyber Insurance Services in California. Evolve is a cyber managing general agency. The company operates out of offices in California, New York, and Texas, and has more 3,000 broking partners nationally, serving around …

14 07, 2023

Judge Orders Trump Ally Bannon to Pay $500K in Unpaid Legal Bills

By | July 14th, 2023|Uncategorized|Comments Off on Judge Orders Trump Ally Bannon to Pay $500K in Unpaid Legal Bills

Steve Bannon must pay nearly $500,000 in outstanding legal fees to his former attorneys, a New York judge ruled. Bannon, a longtime ally of former President Donald Trump and far-right strategist, was sued earlier this year for allegedly stiffing the …

14 07, 2023

FTC Opens Investigation Into OpenAI Over Misleading Statements

By | July 14th, 2023|Uncategorized|Comments Off on FTC Opens Investigation Into OpenAI Over Misleading Statements

The U.S. Federal Trade Commission has opened an investigation into OpenAI on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, the strongest regulatory threat to the Microsoft-backed startup yet. The FTC …