News Archives - Insurance Journal

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4 11, 2024

Vertafore Acquires Surefyre to Expand Offerings for MGA Growth

By | November 4th, 2024|Uncategorized|Comments Off on Vertafore Acquires Surefyre to Expand Offerings for MGA Growth

Insurance software-as-a-service provider Vertafore said it has acquired Surefyre, a submission and underwriting platform for managing general agencies and wholesalers. The deal’s financial terms were not disclosed. Denver-based insurtech Vertafore said Surefyre’s artificial intelligence-enabled solution will be added to Vertafore’s …

4 11, 2024

Renaissance Acquires Business of United Agents of Arizona

By | November 4th, 2024|Uncategorized|Comments Off on Renaissance Acquires Business of United Agents of Arizona

Renaissance acquired the agency network business of United Agents of Arizona. The transaction follows the network’s 2023 acquisition of Agency Partners Inc., which brought 54 new agencies in Alabama and Georgia into the fold. Renaissance is a network of independent …

4 11, 2024

Texas Jury Orders Bell Helicopter to Pay $16M in Trade-Secrets Case

By | November 4th, 2024|Uncategorized|Comments Off on Texas Jury Orders Bell Helicopter to Pay $16M in Trade-Secrets Case

FORT WORTH, Texas (AP) — A Texas jury ordered Bell Helicopter Textron to pay $16 million to a California company that claims Bell gave proprietary information that the companies developed to a rival supplier of cockpit display systems. The jury …

4 11, 2024

Helicopter Pilot Was Talking With Air Traffic Controller at Time of Fatal Houston Crash

By | November 4th, 2024|Uncategorized|Comments Off on Helicopter Pilot Was Talking With Air Traffic Controller at Time of Fatal Houston Crash

HOUSTON (AP) — A helicopter pilot was speaking with an air traffic controller in Houston when the aircraft crashed into a radio tower, killing all four people on board, according to a preliminary report by the National Transportation Safety Board. …

4 11, 2024

Facebook, Nvidia Ask Supreme Court to Spare Them From Securities Fraud Suits

By | November 4th, 2024|Uncategorized|Comments Off on Facebook, Nvidia Ask Supreme Court to Spare Them From Securities Fraud Suits

The U.S. Supreme Court is set to consider bids by two tech giants – Meta’s Facebook and Nvidia – to fend off federal securities fraud lawsuits in separate cases that could make it harder for private litigants to hold companies …

4 11, 2024

French Families Sue TikTok Over Alleged Failure to Remove Harmful Content

By | November 4th, 2024|Uncategorized|Comments Off on 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. …

4 11, 2024

Meta Loses Bid to Appeal UK Class Action Over User Data

By | November 4th, 2024|Uncategorized|Comments Off on 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 …

4 11, 2024

PepsiCo Beats New York State’s ‘Predatory’ Lawsuit Over Plastics Pollution

By | November 4th, 2024|Uncategorized|Comments Off on PepsiCo Beats New York State’s ‘Predatory’ Lawsuit Over Plastics Pollution

PepsiCo won the dismissal of New York’s lawsuit accusing the beverage and snack-food company of polluting the environment with single-use plastic packaging, as the judge criticized the state’s attorney general, Letitia James, for bringing the case. Justice Emilio Colaiacovo of …

4 11, 2024

Recreational Cannabis Home Delivery Begins in Arizona

By | November 4th, 2024|Uncategorized|Comments Off on Recreational Cannabis Home Delivery Begins in Arizona

Arizona residents were able to get recreational cannabis delivered to their homes beginning last Friday, marking a new milestone for a state program that until now had allowed the service only for medical marijuana patients. The Arizona Department of Health …

4 11, 2024

US shippers Avoid East Coast Ports on Risk of Second Strike

By | November 4th, 2024|Uncategorized|Comments Off on US shippers Avoid East Coast Ports on Risk of Second Strike

U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade hubs will go on strike again if their union leader does not land a new contract with employers by a Jan. …