Uncategorized

/Uncategorized
23 10, 2024

ALKEME Acquires Pinnacle Insurance Consultants in Arizona

By | October 23rd, 2024|Uncategorized|Comments Off on ALKEME Acquires Pinnacle Insurance Consultants in Arizona

ALKEME acquired Pinnacle Insurance Consultants in Scottsdale, Arizona. Pinnacle Insurance Consultants specializes in errors & omissions insurance for real estate firms. ALKEME is an insurance agency providing businesses and individuals with commercial and personal insurance, employee and executive benefits, retirement …

23 10, 2024

Former IT Worker Used Secret Company to Take $6.7M From United Way

By | October 23rd, 2024|Uncategorized|Comments Off on Former IT Worker Used Secret Company to Take $6.7M From United Way

A man who worked for United Way in Massachusetts was convicted in federal court of taking $6.7 million from the nonprofit through an information technology company that he secretly owned. Imran Alrai, 59, was convicted Wednesday in Concord, New Hampshire, …

23 10, 2024

Walmart to Pay $7.5M to Resolve California Hazardous Waste Charges

By | October 23rd, 2024|Uncategorized|Comments Off on Walmart to Pay $7.5M to Resolve California Hazardous Waste Charges

Walmart will pay $7.5 million to resolve charges that the largest U.S. retailer illegally disposed of hazardous and medical waste from its facilities into California municipal landfills. The settlement was announced on Tuesday by California Attorney General Rob Bonta, following …

23 10, 2024

Connecticut Obtains Settlement Over Data Breach Affecting Webster Bank Customers

By | October 23rd, 2024|Uncategorized|Comments Off on Connecticut Obtains Settlement Over Data Breach Affecting Webster Bank Customers

Connecticut Attorney General William Tong announced a settlement with Guardian Analytics, Inc. and its successor Actimize, Inc., resolving an investigation into a data breach affecting Webster Bank customers’ data. Under the settlement, Guardian and Actimize have agreed to pay $500,000 …

23 10, 2024

Tennessee Pollution Exclusion Confusion: Courts Differ But Clauses Can Apply

By | October 23rd, 2024|Uncategorized|Comments Off on Tennessee Pollution Exclusion Confusion: Courts Differ But Clauses Can Apply

Insurers often include exclusions within their liability policies to prohibit coverage for claims arising out of pollution exposure. The exact wording of the exclusion can differ significantly, but the key issue is whether the underlying allegations fall within the scope …

23 10, 2024

Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims

By | October 23rd, 2024|Uncategorized|Comments Off on Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims

Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta’s proxy statement about their ability to ensure the safety of children who use Facebook and Instagram. In a decision on Tuesday, …

23 10, 2024

What a Weak La Niña Could Mean for Winter Weather

By | October 23rd, 2024|Uncategorized|Comments Off on What a Weak La Niña Could Mean for Winter Weather

The National Oceanic and Atmospheric Administration’s Climate Prediction Center says there is a 60% chance that a weak La Niña event will develop this autumn and could last until March. La Niña is part of a natural climate cycle that …

18 10, 2024

McKinsey to Pay at Least $500 Million in DOJ Opioid Probe

By | October 18th, 2024|Uncategorized|Comments Off on McKinsey to Pay at Least $500 Million in DOJ Opioid Probe

McKinsey & Co. is nearing a deal with US prosecutors to pay at least $500 million to settle federal probes into its past work helping opioid makers boost sales, according to people familiar with the matter. A settlement, which could …

18 10, 2024

Coastal Cities Have a Hidden Vulnerability to Storm Surge−Caused by Humans

By | October 18th, 2024|Uncategorized|Comments Off on Coastal Cities Have a Hidden Vulnerability to Storm Surge−Caused by Humans

Centuries ago, estuaries around the world were teeming with birds and turbulent with schools of fish, their marshlands and endless tracts of channels melting into the gray-blue horizon. Fast-forward to today, and in estuaries such as New York Harbor, San …

18 10, 2024

Insurance Execs See Gen AI Necessary To Compete; Customers Wary

By | October 18th, 2024|Uncategorized|Comments Off on Insurance Execs See Gen AI Necessary To Compete; Customers Wary

Insurance industry investments in generative AI are expected to surge by over 300 percent from 2023 to 2025 as organizations move from pilots in one or two areas to implementations in multiple functions across business lines. But new research identifies …