1 month 1 week ago
Connecticut Insurance Department (CID) announced the launch of the Consumer Information Center, an online resource to help citizens better understand and navigate their insurance coverage and make informed decisions about the protection they need. The Consumer Information Center brings together …
1 month 1 week ago
Amazon.com said on Monday it is testing ultra-fast delivery of household essentials and fresh groceries in parts of Seattle and Philadelphia, as the company doubles down on efforts to grow its domestic footprint. The service, called “Amazon Now,” will deliver …
1 month 1 week ago
Mere days into the new year of 2025, Los Angeles faced the highly destructive Palisades Fire, which destroyed some 6,837 structures, including two public schools, four churches, historical sites and more than 5,400 homes. Now, as a suspected arsonist has …
1 month 1 week ago
A popular mobile video game maker must pay $1.4 million for violations of California’s privacy act. California Attorney General Rob Bonta settled with Jam City Inc. to resolve allegations that the mobile app gaming firm violated the California Consumer Privacy …
1 month 1 week ago
Local governments across Maine have received just over $22 million in opioid settlement funds from pharmaceutical companies accused of fueling the overdose epidemic, with nearly $54 million more expected over the next decade and a half. The money is meant …
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1 month 1 week ago
Marsh McLennan Agency acquired three privately owned Honolulu, Hawaii-based insurance brokerages from Tradewind Group. Collectively, Atlas Insurance Agency, Pyramid Insurance Centre, and IC International created an insurance brokerage presence in the state. They provide insurance services to businesses and individuals …
1 month 1 week ago
Starbucks has agreed to pay $38.9 million to settle claims by New York City that the coffee chain violated a local law requiring fast food businesses to give workers predictable and stable schedules more than half a million times over …
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1 month 1 week ago
South Korean police said on Monday they were tracing IP addresses and looking into possible tech vulnerabilities at Coupang after the e-commerce giant suffered the country’s worst data breach in over a decade. Shares of the company fell 6.5% in …
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1 month 1 week ago
Missouri Attorney General Catherine Hanaway announced last month that her office obtained a final consent judgment and permanent injunction against Xcel Roofing of Kansas City, LLC, and its owner, James Patrick Harding, for defrauding Greene County consumers out of thousands …
1 month 1 week ago
An oil tanker carrying diesel suffered four external explosions near Dakar, Senegal, its manager said, the third vessel with links to Russia to have been struck over the last few days. Seawater entered the engine room of the Mersin, Besiktas …
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1 month 1 week ago
Insurers of U.S. homes have improved rate adequacy and catastrophe risk management, modified coverage, and benefitted from a softening reinsurance market to earn a change in AM Best’s outlook for the segment to stable from negative. A quiet hurricane season …
Chad Hemenway
1 month 1 week ago
Texas Attorney General Ken Paxton said the state is investigating global fast-fashion retailer Shein US Services LLC Corporation and its affiliates for potential violations of Texas law related to unethical labor practices and the sale of unsafe consumer products. Shein, …
1 month 1 week ago
A 6.0-magnitude earthquake rocked the Anchorage metropolitan area Thursday morning, according to the U.S. Geological Survey. The quake struck at about 8:11 a.m. local time at a depth of 69 kilometers (43 miles), according to the USGS. Its epicenter was …
1 month 1 week ago
As the Trump administration stalls federal funding for projects intended to make states more resilient to climate change and private insurers decline to cover properties in high-risk zones, North Carolina just proved there’s another way to fund disaster preparedness: a …
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1 month 1 week ago
The death of a Florida teenager on a Carnival cruise ship earlier this month has been ruled a homicide, the latest development in a case that has drawn international attention and sparked intense speculation on social media. Anna Kepner’s cause …
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1 month 1 week ago
Air France and Airbus clashed over the role of pilots in a mid-Atlantic crash that killed 228 passengers and crew more than 16 years ago as the two companies fought corporate manslaughter charges at the climax of an eight-week appeal …
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1 month 1 week ago
A federal judge last Wednesday granted Amazon.com a preliminary injunction to block the New York State Public Employment Relations Board from enforcing a new state law that the online retailer considers an attempt to illegally regulate private-sector labor relations. The …
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1 month 1 week ago
Residents of the housing complex that was engulfed in Hong Kong’s deadliest blaze in seven decades were told by authorities last year that they faced “relatively low fire risks” after complaining repeatedly about fire hazards posed by ongoing renovation works, …
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1 month 1 week ago
Australia’s AUB Group said on Monday its suitors EQT and CVC Asia Pacific had abandoned their pursuit that valued the insurance broker at A$5.25 billion ($3.44 billion), sending its shares more than 17% lower. Shares of the Sydney-based firm plunged …
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1 month 1 week ago
AM Best revised its market segment outlook on the U.S. excess and surplus lines segment to stable from positive, the rating agency announced. The change comes as rates soften and premium growth moderates. “Although favorable market conditions for E&S writers …