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16 12, 2021

Zurich Insurance to Acquire Conversational AI Company AlphaChat

By | December 16th, 2021|Uncategorized|Comments Off on Zurich Insurance to Acquire Conversational AI Company AlphaChat

Zurich Insurance Group agreed to acquire Estonia-based company AlphaChat, which provides conversational artificial intelligence (AI) technology for customer service automation, to further enhance the group’s digital capabilities. Financial details of the transaction were not disclosed. AlphaChat is one of the …

16 12, 2021

McDonald’s Settles With Ex-CEO Easterbrook Over Claim He Lied About Sexual Affairs

By | December 16th, 2021|Uncategorized|Comments Off on McDonald’s Settles With Ex-CEO Easterbrook Over Claim He Lied About Sexual Affairs

McDonald’s Corp. said on Thursday it had reached a settlement with former chief Steve Easterbrook, resolving a lawsuit in which the burger chain had claimed that he covered up and lied about his sexual relationships with employees. As part of …

16 12, 2021

New Research Warns Rare Winter Tornadoes May Get More Intense

By | December 16th, 2021|Uncategorized|Comments Off on New Research Warns Rare Winter Tornadoes May Get More Intense

Nasty winter tornadoes — like the deadly ones last week that hit five states — are likely to be stronger and stay on the ground longer with a wider swath of destruction in a warming world, a new study shows. …

16 12, 2021

‘Cat-Focused’ Kin Insurance Acquires Shell for Expansion; Expects SPAC Closing in Q1

By | December 16th, 2021|Uncategorized|Comments Off on ‘Cat-Focused’ Kin Insurance Acquires Shell for Expansion; Expects SPAC Closing in Q1

Kin Insurance, a digital direct-to-consumer home insurer that targets catastrophe-prone areas, said it has has acquired an inactive insurance carrier holding licenses in 43 states. Kin, which has operated in Florida, California, Georgia and Louisiana, first announced the planned purchase …

16 12, 2021

Millions of Migrants Can’t Get COVID Vaccines Because of Drugmakers’ Liability Fears

By | December 16th, 2021|Uncategorized|Comments Off on Millions of Migrants Can’t Get COVID Vaccines Because of Drugmakers’ Liability Fears

BRUSSELS/BANGKOK – Tens of millions of migrants may be denied COVID-19 vaccines from a global program because some major manufacturers are worried about legal risks from harmful side effects, according to officials and internal documents from Gavi, the charity operating …

16 12, 2021

Fox Point Expands E&O Liability Program for Small Business Risks

By | December 16th, 2021|Uncategorized|Comments Off on Fox Point Expands E&O Liability Program for Small Business Risks

Fox Point Programs is expanding its professional liability insurance offerings for small businesses in more than 2,000 professional categories through the introduction of its FoxPro Defender series errors and omissions (E&O) coverage. This coverage is being launched in collaboration with …

16 12, 2021

Swiss Re Reorganizes Group Operations, Names Ladva Group CTO, as Bronder Exits

By | December 16th, 2021|Uncategorized|Comments Off on Swiss Re Reorganizes Group Operations, Names Ladva Group CTO, as Bronder Exits

Swiss Re announced the appointment of Pravina Ladva as group chief digital & technology officer and member of the group executive committee, effective Jan. 1, 2022. Group Chief Operating Officer Anette Bronder will leave the company, and group operations will …

16 12, 2021

Restaurant Owner, Niece Face Prison for Arson, Insurance Fraud

By | December 16th, 2021|Uncategorized|Comments Off on Restaurant Owner, Niece Face Prison for Arson, Insurance Fraud

A New York restaurant owner and his nephew’s wife are facing up to 25 years to life in prison after being charged with first degree arson. Zef Gjurashaj, of Newburgh, and his nephew’s wife, Marina Gjurashaj, of Yonkers, were indicted …

16 12, 2021

Former Maryland Public Adjuster Sentenced for Theft, Insurance Fraud

By | December 16th, 2021|Uncategorized|Comments Off on Former Maryland Public Adjuster Sentenced for Theft, Insurance Fraud

A former Maryland public adjuster has been sentenced for theft and insurance fraud. Tashoia Starr Grant, of Street, Maryland, was sentenced on two counts of theft scheme with a value between $10,000 but less than $100,000, and two counts of …

16 12, 2021

Texas County Agrees to $5 Million Settlement over Black Motorist’s Death

By | December 16th, 2021|Uncategorized|Comments Off on Texas County Agrees to $5 Million Settlement over Black Motorist’s Death

A Texas county approved a $5 million wrongful death lawsuit settlement Tuesday with the family of a man who sheriff’s deputies shocked with stun guns after a 2019 chase that was filmed by the real-time police TV series “Live PD.” …