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California Insurance Commissioner Ricardo Lara is proposing changing regulations to prohibit insurance companies from using a driver’s marital status as an optional factor when setting private passenger automobile insurance rates. Related: California Governor Signs Act to Create Smoke Damage Presumption …

New York law recognizes a claim against insurance companies for breach of the implied covenant of good faith and fair dealing, specifically where the insurance company’s handling of a claim frustrates the policy’s purpose and results in damages beyond the …

Palestinian activist Mahmoud Khalil sued Columbia University on Monday, alleging it failed to address harassment against him and other members of a pro-Palestinian campus group and retaliated against them when they reported it. The university’s “deliberate indifference” led to the …

Arthur J. Gallagher & Co. acquired Englewood, Colorado-based McMillan Insurance & Bonding Inc., dba Innovise Business Consultants. The Innovise Business Consultants team, led by Jason McMillan, will relocate to Gallagher’s Denver office under the direction of Bret VanderVoort, head of …

Iron ore trader Radiant World Corp and related companies have filed a lawsuit against commodities giant Glencore in Singapore’s High Court, seeking more than $2 billion in damages over allegations of fraud, breach of contract and conspiracy. A copy of …

The European Union proposed creating a security structure with like-minded allies to confront growing threats amid doubts about President Donald Trump’s commitment toward the North Atlantic Treaty Organization. European Commission President Ursula von der Leyen floated a so-called European Security …

Lely North America, Inc., an international agricultural technology company headquartered in Pella, Iowa, agreed to resolve a discrimination charge filed with the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The EEOC’s charge investigation found that Lely violated …

The Insurance Industry Charitable Foundation has named Sabrina Timmins, a senior vice president at CNA insurance, as chair of the foundation’s Southeast region. Timmins heads the South regional for Chicago-based CNA, one of the largest commercial insurers in the United …

A legislative committee will hear from the Texas Railroad Commission on Tuesday as the agency prepares to update its rules for inactive oil and gas wells, now required under state law. The Railroad Commission regulates oil and gas production. It …

Jeff Black has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group. The Chicago-based consultant will advise a diverse portfolio of clients on human capital and benefits strategies designed to support growth, organizational transformation, and critical …

Meta Platforms CEO Mark Zuckerberg said on Tuesday that competition and liability give AI companies enough reason to act individually on safety, appearing to break from calls by leaders of top AI firms for a coordinated slowdown in AI development. …

Insurers run by Advantage Capital Holdings — and slated for takeover by Oaktree Capital Management — are facing a state regulator’s calls for emergency intervention over claims they’re in a “financially hazardous” position. Atlantic Coast Life Insurance Co. and reinsurance …

There is some good news, according to the Independent Insurance Agents & Brokers of America, as the use of artificial intelligence proliferates across the industry. People still prefer people. A survey commissioned by the Big “I” found 87% of consumers …

Three people were killed and one injured when a TV news helicopter crashed between two commercial buildings in the Chatsworth neighborhood of Los Angeles, the city’s fire department said. The helicopter was providing coverage for KNBC and Telemundo 52, the …

The Federal Bureau of Investigation (FBI) has informed Springfield (Massachusetts) Public Schools that the district’s data has been breached as a result of the recent cyberattack that closed schools last week. The breach appears to include staff and student information. …

The owner and operator of an unlicensed prize insurance provider who for years avoided paying claims, ignored cease and desist orders, and has been convicted of illegal sales or theft more than once has pleaded guilty to fraud. Kevin Kolenda …

Waddingham Joins MEMIC Group as New Jersey Production Underwriter The MEMIC Group, headquartered in Portland, Maine, added Brandon Waddingham to its Northeast underwriting team as a production underwriter. Waddingham joins MEMIC with nine years of insurance experience. In his role, …

Amazon Web Services cannot restore access to its cloud-computing facility in Bahrain and one of three data–hosting zones in the United Arab Emirates following damage during the Iran war, according to a status update seen by Reuters on Tuesday. Amazon’s …

Ukraine is examining whether additional insurance cover for ships carrying food exports could help revive seaborne trade disrupted by Russian attacks on vessels and port infrastructure, a farm lobby group and a major farmers’ union said on Wednesday. Since the …

The European Union will set up a “climate insurance alliance” to better cover losses as global warming increases the frequency and intensity of droughts, floods and wildfires. European Commission President Ursula von der Leyen announced the initiative as part of …