News Archives - Insurance Journal

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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 …

14 07, 2023

P/C Market Won’t See Underwriting Profit Until 2024: S&P

By | July 14th, 2023|Uncategorized|Comments Off on P/C Market Won’t See Underwriting Profit Until 2024: S&P

After four years of unparalleled underwriting profitability ending in 2021, the property/casualty market is headed for a second straight year of underwriting losses, according to the newly released S&P Global Market Intelligence report. S&P’s “2023 U.S. P&C Insurance Market Report” …

14 07, 2023

Tornado Touches Down Near Chicago`s O`Hare Airport

By | July 14th, 2023|Uncategorized|Comments Off on Tornado Touches Down Near Chicago`s O`Hare Airport

CHICAGO (AP) – A tornado touched down Wednesday evening near Chicago’s O’Hare International Airport, prompting passengers to take shelter and disrupting hundreds of flights. There were no immediate reports of injuries. A confirmed tornado was on the ground around 7 …

14 07, 2023

Wisconsin Teenager Killed in Sawmill Accident was Doing Work Allowed by State Law, Records Suggest

By | July 14th, 2023|Uncategorized|Comments Off on Wisconsin Teenager Killed in Sawmill Accident was Doing Work Allowed by State Law, Records Suggest

MADISON, Wis. (AP) – A 16-year-old boy killed in an accident at a Wisconsin sawmill appears to have been doing work allowed by state child labor laws when he was injured, police records obtained Tuesday show. Michael Schuls was attempting …

14 07, 2023

Medical Marijuana Sales in Arkansas Could Set New Record: State Officials

By | July 14th, 2023|Uncategorized|Comments Off on Medical Marijuana Sales in Arkansas Could Set New Record: State Officials

LITTLE ROCK, Ark. (AP) – Medical marijuana sales in Arkansas are on track to set a new record this year, state officials said. From January through June, patients spent $141 million to buy a little more than 29,000 pounds of …