News Archives - Insurance Journal

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7 03, 2025

iHeartMedia Reveals No Payments Made to Drake in ‘Not Like Us’ Settlement

By | March 7th, 2025|Uncategorized|Comments Off on iHeartMedia Reveals No Payments Made to Drake in ‘Not Like Us’ Settlement

Texas-based iHeartMedia said it settled its legal dispute with Drake over Kendrick Lamar’s dis track “Not Like Us” after demonstrating that it “did nothing wrong.” Drake had alleged in a legal petition filed in November that iHeartMedia received illegal payments …

7 03, 2025

Labor Department Investigating Nvidia, Amazon-Backed Startup Scale AI

By | March 7th, 2025|Uncategorized|Comments Off on Labor Department Investigating Nvidia, Amazon-Backed Startup Scale AI

The U.S. Department of Labor is investigating Scale AI, a data labeling startup backed by tech giants Nvidia, Amazon and Meta, for its compliance with the Fair Labor Standards Act, the California-based firm said on Thursday. The investigation is looking …

7 03, 2025

Alactrity Solutions Acquires InspectionConnection

By | March 7th, 2025|Uncategorized|Comments Off on Alactrity Solutions Acquires InspectionConnection

Alacrity Solutions Group announced the acquisition of InspectionConnection from Latitude Subrogation Services, LLC. The transaction marks Alacrity’s 16th acquisition since 2015. InspectionConnection, founded in 2018 and based in Columbus, Ohio, is a full-service appraisal and desktop review company specializing in …

7 03, 2025

Canada Court Approves $23 Billion Settlement to End Big Tobacco Lawsuits

By | March 7th, 2025|Uncategorized|Comments Off on Canada Court Approves $23 Billion Settlement to End Big Tobacco Lawsuits

A Canadian court approved a plan to settle long-running tobacco lawsuits in the country as part of which the units of three Big Tobacco companies will pay C$32.5 billion ($22.67 billion), Philip Morris and British American Tobacco said on Friday. …

7 03, 2025

UK Court Blocks Class Action Lawsuit Against Water Companies Over Sewage Leaks

By | March 7th, 2025|Uncategorized|Comments Off on UK Court Blocks Class Action Lawsuit Against Water Companies Over Sewage Leaks

A UK court blocked a class action lawsuit over allegations of the under reporting of sewage leaks by six water companies including the debt-laden Thames Water Ltd. The UK’s Competition Appeal Tribunal dismissed the lawsuit that alleged the six water …

7 03, 2025

Minnesota Bill Aims to Combat Sexually Explicit, AI-Generated Deepfakes

By | March 7th, 2025|Uncategorized|Comments Off on Minnesota Bill Aims to Combat Sexually Explicit, AI-Generated Deepfakes

Molly Kelley was stunned to discover in June that someone she knew had used widely available “nudification” technology to create highly realistic and sexually explicit videos and images of her, using family photos that were posted on social media. “My …

7 03, 2025

25 Pacific Palisades Fire Victims Sue LA and Water & Power

By | March 7th, 2025|Uncategorized|Comments Off on 25 Pacific Palisades Fire Victims Sue LA and Water & Power

Twenty-five victims of the Palisades Fire victims filed an inverse condemnation lawsuit in the Los Angeles Superior Court against the City of Los Angeles and the Los Angeles Department of Water and Power, alleging the entities failed to maintain an …

6 03, 2025

People Moves: Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability; Miller Launches M&A and Strategic Solutions Team With 3 Senior Hires

By | March 6th, 2025|Uncategorized|Comments Off on People Moves: Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability; Miller Launches M&A and Strategic Solutions Team With 3 Senior Hires

This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. A summary of these new hires follows here. Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability Tokio Marine …

6 03, 2025

US Anger Grows Over Global Reach of EU’s ‘Hostile’ ESG Rules

By | March 6th, 2025|Uncategorized|Comments Off on US Anger Grows Over Global Reach of EU’s ‘Hostile’ ESG Rules

As trans-Atlantic relations grow increasingly fraught, Europe’s ESG regulations are becoming yet another flashpoint that threatens to sour ties. The American Chamber of Commerce to the European Union (AmCham EU) says proposed revisions to the bloc’s environmental, social and governance …

6 03, 2025

Birth Injury Compensation Fund Executive Gets 9 Years for Embezzling $6.7 Million

By | March 6th, 2025|Uncategorized|Comments Off on Birth Injury Compensation Fund Executive Gets 9 Years for Embezzling $6.7 Million

A Providence Forge, Virginia man has been sentenced to nine years in prison for embezzling funds from his former employer, the Virginia Birth-Related Neurological Injury Compensation Program. According to court documents, John Hunter Raines was the chief financial officer and …