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29 05, 2020

U.S. Warns Partners, Industrial Firms About Russian Hacking Operation

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The U.S. National Security Agency on Thursday warned government partners and private companies about a Russian hacking operation that uses a special intrusion technique to target operating systems often used by industrial firms to manage computer infrastructure. “This is a …

29 05, 2020

Trump’s Targeting of Social Media Immunity Is ‘Political Theater,’ Claim Legal Experts

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President Donald Trump’s attempt to curb what he says is social media censorship is a political gambit and will not change the legal obligations of companies like Twitter Inc. and Facebook Inc., according to legal experts. An executive order signed …

29 05, 2020

University in Utah, Parents Didn’t Settle Lawsuit Over Slain Student

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The University of Utah did not reach a settlement after two of mediation with the parents of slain track star Lauren McCluskey who filed a $56 million lawsuit over her death in 2018. The McCluskeys’ attorney Jim McConkie described the …

29 05, 2020

Governor Orders Probe of Failed Michigan Dams

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Gov. Gretchen Whitmer has ordered an investigation to determine what caused two dams in central Michigan to fail, leading to devastating floods in several communities and forcing about 11,000 people to evacuate their homes. Whitmer ordered the Michigan Department of …

29 05, 2020

South Dakota Property Owners Sue Over Recently Exposed Mine, Sinkhole

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Residents of a Black Hawk, South Dakota, neighborhood where a sinkhole has exposed an abandoned mine endangering their properties have filed a $75.5 million lawsuit claiming government entities and private developers were negligent. Attorney John Fitzgerald is representing more than …

29 05, 2020

WSS Hires Easley as Sr. Broker/Underwriter in Texas

By | May 29th, 2020|Uncategorized|Comments Off on WSS Hires Easley as Sr. Broker/Underwriter in Texas

WSS, a member of XPT Group, a specialty insurance distribution company, has added Meghan Easley as senior broker/underwriter in its Plano, Texas, office. Easley brings 15 years of industry experience, most recently in underwriting and brokerage business. She has extensive …

29 05, 2020

2 Companies Fined $1M Each Over Kansas Chemical Leak

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Two companies that caused a chlorine gas leak over Atchison, Kansas, in 2106 have each been fined $1 million for violating federal clean air laws. Harcros Chemicals Inc., and MGP Ingredients Inc., had pleaded guilty to negligently violating the Clean …

28 05, 2020

Tyson Foods to Close Iowa Meat Plant as More Workers Catch COVID-19

By | May 28th, 2020|Uncategorized|Comments Off on Tyson Foods to Close Iowa Meat Plant as More Workers Catch COVID-19

Tyson Foods Inc. said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country’s food supply. Meat processors like …

28 05, 2020

Insurtech Trov Partners with LatAm Insurer Sura to Bring On-Demand Insurance to Brazil

By | May 28th, 2020|Uncategorized|Comments Off on Insurtech Trov Partners with LatAm Insurer Sura to Bring On-Demand Insurance to Brazil

Trov, the San Francisco-based insurtech company, is partnering with Latin American insurer Seguros Sura to bring on-demand insurance products to the Brazilian market. Recent regulatory changes in Brazil have enabled insurers to offer on-demand insurance products to consumers and businesses …

28 05, 2020

Workers’ Compensation Insurtech Pie Raises $127 Million With Plan to Acquire Carriers

By | May 28th, 2020|Uncategorized|Comments Off on Workers’ Compensation Insurtech Pie Raises $127 Million With Plan to Acquire Carriers

Workers’ compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital joined the insurtech’s current investors in the capital raise, including Greycroft, SVB Capital, Aspect Ventures, Elefund, and Sirius International Insurance …