Plaintiffs’ Attorney Cites ‘Experimental Vehicles’ in Tesla Trial Over Autopilot Fatality

The lawyer representing victims of a fatal crash of a Tesla Model 3 car in his opening statement in court on Thursday blamed the company’s Autopilot driver assistant system, saying that “a car company should never sell consumers experimental vehicles.” …

from News Archives - Insurance Journal https://ift.tt/vk48XqS
via IFTTT

PE Company Bain Capital Weighs Deal for Advent’s CCC Insurance Software

Bain Capital is weighing a deal for CCC Intelligent Solutions Holdings Inc., the car-insurance software provider controlled by Advent International, according to people familiar with the matter. Bain is among suitors that have expressed interest in acquiring the Chicago-based company, …

from News Archives - Insurance Journal https://ift.tt/gTpS4XH
via IFTTT

Cyber Security and Insurance Platform Paladin in California Rebrands to Upfort

Paladin Cyber has changed its corporate name to Upfort. Upfort also announced two senior hires, Jeremy Wieber and Matthew Leanza, to advance its strategic initiatives and spearhead the company’s partnership-centric approach toward helping companies develop cyber resilience. Upfort will continue …

from News Archives - Insurance Journal https://ift.tt/Vj1u6dW
via IFTTT

Plane Went Into Stall Maneuver Before Philadelphia-Area Crash That Killed 2

Federal authorities say a plane that crashed in a residential street near a suburban Philadelphia middle school last year, killing two people, went into a stall and went out of control as the pilot was practicing maneuvers during an instructional …

from News Archives - Insurance Journal https://ift.tt/6XQMRio
via IFTTT

Insurance Broker in Menendez Corruption Case Allegedly Got Senator’s Help With Fraud Case

The defendants in the corruption case involving U.S. Senator Robert Menendez include a former New Jersey insurance broker who was convicted of premium fraud in 2011 and lost his insurance license. Jose Uribe allegedly got involved with Menendez in his …

from News Archives - Insurance Journal https://ift.tt/fFp8AvH
via IFTTT

Driver Pleads Not Guilty in Vermont Crash That Killed Actor Treat Williams

A Vermont driver pleaded not guilty to a charge in the June crash that killed actor Treat Williams. Ryan Koss, 35, could be sentenced to up to 15 years in prison if he`s convicted of gross negligent operation with death …

from News Archives - Insurance Journal https://ift.tt/UIa19xY
via IFTTT

California’s Minimum Wage to Increase to $16 Per Hour in 2024

California’s minimum wage will increase to $16 per hour for all employers on Jan. 1, 2024. In 2023, the minimum wage was $15.50 for all employees regardless of employer size. Some cities and counties in California have a local minimum …

from News Archives - Insurance Journal https://ift.tt/KIDoMVU
via IFTTT

Thomson Reuters AI Copyright Dispute Must Go to Trial, Judge Says

A jury must decide the outcome of a lawsuit by information services company Thomson Reuters accusing Ross Intelligence of unlawfully copying content from its legal-research platform Westlaw to train a competing artificial intelligence-based platform, a Delaware federal judge said on …

from News Archives - Insurance Journal https://ift.tt/5Krg3vV
via IFTTT

Arthur J. Gallagher Acquires Hartley Cylke Pacific Insurance Services in California

Arthur J. Gallagher & Co. today acquired San Hartley Cylke Pacific Insurance Services Inc. in San Diego, California. Michael Hartley, John Cylke, James Hawes and their team will remain in their current location under the direction of Scott Firestone, head …

from News Archives - Insurance Journal https://ift.tt/ChT1a7B
via IFTTT

Connecticut Eyes 9.8% Cut in Workers’ Compensation Costs

Connecticut workers’ compensation insurers are recommending an overall 9.8% reduction in loss costs in the voluntary market and a 10.5% overall reduction in the assigned risk market. The rate filing submitted to the Connecticut Insurance Department by the insurers’ National …

from News Archives - Insurance Journal https://ift.tt/piCh14f
via IFTTT

Shimano Crankset Recall After Several Crashes and Injuries

NEW YORK (AP) — Cycling company Shimano is recalling some 760,000 bike cranksets in the U.S. and Canada due to a crash hazard that has resulted in several reported injuries. According to a Thursday notice from the U.S. Consumer Product …

from News Archives - Insurance Journal https://ift.tt/bm02qsk
via IFTTT

World Insurance Associates Acquires Cindy Elbert Insurance Services in Arizona

World Insurance Associates LLC acquired Cindy Elbert Insurance Services Inc. of Peoria, Arizona. Cindy Elbert Insurance Services was founded in 1982 to offer professional services designed to assist ambulance providers with their insurance needs. World Insurance Associates is headquartered in …

from News Archives - Insurance Journal https://ift.tt/guzRlEY
via IFTTT

Another Home Explosion in New Jersey Sends Five to Hospitals

WEST MILFORD, N.J. (AP) — Five people were transported to hospitals after an explosion at a New Jersey home on Friday night, police said. The house in West Milford was heavily damaged by the explosion around 9 p.m., the West …

from News Archives - Insurance Journal https://ift.tt/6Xdm29P
via IFTTT

Spyware Hacking of Egyptian Oppo Leader Prompts Updates from Apple

BOSTON (AP) — A leading Egyptian opposition politician was targeted with spyware after announcing a presidential bid, security researchers reported Friday. They said Egyptian authorities were likely behind the attempted hack. Discovery of the attempt last week by researchers at …

from News Archives - Insurance Journal https://ift.tt/4Ozdr0e
via IFTTT

Ophelia Brings Flooding to Coastal North Carolina, Virginia

ANNAPOLIS, Md. (AP) — Residents in parts of coastal North Carolina and Virginia experienced flooding Saturday after Tropical Storm Ophelia made landfall near a North Carolina barrier island, bringing rain, damaging winds and dangerous surges. The storm came ashore near …

from News Archives - Insurance Journal https://ift.tt/At45ld8
via IFTTT

People Moves: Hilb Group Names Lamb, Cohen to Tri-State Roles

Insurance broker The Hilb Group has named two new company leaders for the New York region. Gabrielle Lamb will be speciality platform leader, overseeing growth in property-casualty offerings for real estate, transportation, medical professional liability and other industries, the Virginia-based …

from News Archives - Insurance Journal https://ift.tt/sbHxkMB
via IFTTT

‘Hard But More Manageable’ Jan. 1 Renewals; Little Relief on Retentions

The hard reinsurance market in property-catastrophe reinsurance isn’t coming to an end at Jan. 1, 2024, but reinsurers are likely to deploy more of their capacity next year, broker executives said recently. Dorothée Mélis-Moutafis, North American brokering executive at Guy …

from News Archives - Insurance Journal https://ift.tt/fzY84C2
via IFTTT

RHB Bank Weighs Bancassurance Options as Tokio Marine Pact Ends Soon: Sources

Malaysia’s RHB Bank Bhd. is asking financial advisers for proposals for its partnership to sell insurance in its branches, as its deal with an arm of Japan’s Tokio Marine Holdings Inc. is set to expire at the end of next …

from News Archives - Insurance Journal https://ift.tt/swzIWmd
via IFTTT

Extreme Weather Forcing JFK, Other Airports to Redesign Runways, Systems

(Bloomberg) — Airports around the world are relocating sensitive electrical equipment to rooftops to protect it from flooding, reinforcing runways to handle extreme temperature swings and revving up air conditioning as climate change complicates operations. In New York, the $19 …

from News Archives - Insurance Journal https://ift.tt/78qYQW4
via IFTTT

People Moves: CSAA in California Names Pugh EVP and CIO; Kerfoot Joins Alliantin Hawaii

CSAA Insurance Group Promotes Pugh to EVP and CIO CSAA Insurance Group, headquartered in Walnut Creek, Calif., promoted Todd Pugh to executive vice president and chief information officer, overseeing all aspects of the company’s information technology division. He has served …

from News Archives - Insurance Journal https://ift.tt/LR94Mbf
via IFTTT

Carshare Restart: Hochul Signs Bill Allowing Out-of-State RRGs to Cover Nonprofits

New York Gov. Kathy Hochul has signed legislation that should make it easier for nonprofit groups to find auto insurance coverage through risk retention groups. Assembly Bill 5718 and its companion Senate bill allows out-of-state risk retention groups, starting in …

from News Archives - Insurance Journal https://ift.tt/68nTioU
via IFTTT

Turbulence as P&W Engine Flaw Forces Airlines to Lease More Craft and Crews

(Bloomberg) — Airlines are scrambling to find replacements for hundreds of single-aisle jetliners that will be sidelined by a recently discovered engine issue, providing a boon to companies that lease out aircraft and crews. About 3,000 Pratt & Whitney geared …

from News Archives - Insurance Journal https://ift.tt/X1nKIkN
via IFTTT

New York Contractor Sentenced for Defrauding State Workers’ Comp Fund

A drywall contractor has been sentenced to six months in jail for defrauding the New York State workers’ compensation insurance fund out of almost $3 million in premiums over an eight-year period. The Manhattan District Attorney announced the sentence this …

from News Archives - Insurance Journal https://ift.tt/TIODHQ8
via IFTTT

Britain Must Not Damage Financial Services Sector Resilience: BoE’s Woods

Easing rules to boost the post-Brexit global competitiveness of Britain’s financial sector can only be done while maintaining a resilient financial system, Bank of England Deputy Governor Sam Woods said on Tuesday. The Bank of England was given a new …

from News Archives - Insurance Journal https://ift.tt/Bv4czpi
via IFTTT

Viewpoint: IT Asset Disposition Is Growing Cyber Security Threat for All Organizations

Cyber risk headlines are dominated by rising ransomware activity and soaring global data breach costs. The increased ransomware activity, driven largely by threat actor financial motives, has indiscriminately affected all industry segments – from large corporate clients to small to …

from News Archives - Insurance Journal https://ift.tt/aPWyYgz
via IFTTT

Independence Pet Group to Acquire Cat Insurance Brand Felix in Arizona

Independence Pet Group completed of its acquisition of Felix Cat Insurance, a pet insurance brand for cats. The deal is subject to customary closing conditions, including various regulatory approvals, and is expected to close in the second half of 2023. …

from News Archives - Insurance Journal https://ift.tt/yPYApf0
via IFTTT

Thieves Swarm Luxury Malls in Southern California and Other Areas, Driving Retail Crime to $100B

It took just minutes for more than 20 thieves, clad in hoods and masks, to swarm the Nordstrom store in the Westfield Topanga shopping center and make off with $300,000 of handbags and other luxury items. A security guard was …

from News Archives - Insurance Journal https://ift.tt/KwSakOq
via IFTTT

Regulators Move to Stop Greenwashing Before It Gets Worse

In 2021, a series of HSBC advertisements started appearing on bus stops around the UK. Part of a campaign centered on the slogan “Climate change doesn’t do borders,” the posters paired images of trees and ocean waves with statements about …

from News Archives - Insurance Journal https://ift.tt/MUR0E7e
via IFTTT

Private Equity Firm CVC Invests in Dale Underwriting to Boost Growth at Lloyd’s

Dale Underwriting Partners, the trading name for Dale Managing Agency’s Lloyd’s Syndicate 1729, has agreed a strategic partnership with CVC, a leading global private markets manager with €161 billion of assets under management. CVC funds will invest in Dale to …

from News Archives - Insurance Journal https://ift.tt/bjSEh7u
via IFTTT

PE Firm Advent Eyes Sale of Car Insurance Software Vendor CCC: Sources

Private equity firm Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc., a provider of software to the car insurance industry that has a market value of $7.1 billion, people familiar with the matter said on Friday. …

from News Archives - Insurance Journal https://ift.tt/IVKich8
via IFTTT

Hippo Investors Call for Strategic Review by Board, Other Actions

Members of the board of directors of insurtech Hippo were on the receiving end of an open letter from a “concerned shareholder group,” yesterday, urging board actions to preserve the value of a company that has faced financial difficulties recently. …

from News Archives - Insurance Journal https://ift.tt/jsRWDOv
via IFTTT

South Carolina Bars, Eateries Closing Down for Lack of Affordable Liability Coverage

Wanted in South Carolina: $1 million in liquor liability coverage at an affordable premium to prevent closure of establishment. That’s the type of advertisement one can imagine bars and bistros across the Palmetto State running this fall, as the full …

from News Archives - Insurance Journal https://ift.tt/F0roS4q
via IFTTT

People Moves: Nordholm joins Mercury as Head of Technical Product

Mercury Insurance, headquartered in Brea, Calif., named Cameron Nordholm as its head of technical product. Before joining Mercury Insurance, Nordholm was head of product and head of strategy at AgentSync and served as a product consultant at Diegetic Media, LLC.

from News Archives - Insurance Journal https://ift.tt/nWezfTQ
via IFTTT

Delaware: Professional Services Exclusion Didn’t Bar False Claims Act Settlement

A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines can seek to recover the $15 million it paid to resolve the allegations from its management liability insurer, the Delaware …

from News Archives - Insurance Journal https://ift.tt/d6uFyTh
via IFTTT

Gas Leak Forced Evacuation of Southern California Homes

A Southern California neighborhood was evacuated for more than six hours early Thursday due to a large leak of natural gas from an underground pipe, authorities said. The leak was detected around 1:30 a.m. in unincorporated West Whittier, about 10 …

from News Archives - Insurance Journal https://ift.tt/IibrwxT
via IFTTT

Shell Says Australian Unit BG Group Hit by MOVEit Cybersecurity Breach

Shell Plc said on Friday that it has identified a cybersecurity incident involving some employees who worked with the company’s unit BG Group in Australia before the merger, becoming the latest victim of the MOVEit hack. A number of businesses …

from News Archives - Insurance Journal https://ift.tt/HlLKMz9
via IFTTT

Insurance Navy Auto Insurance Expanding into Las Vegas

Insurance Navy Auto Insurance is expanding into Las Vegas, Nevada with its car insurance offerings. Insurance Navy Brokers opened its first location in Las Vegas, at 3266 Las Vegas Blvd N STE 12. The new branch in Las Vegas, will …

from News Archives - Insurance Journal https://ift.tt/qeLPQck
via IFTTT

Insurance Commissioner Orders Protections for 15,000 Californians Following Fires

California Insurance Commissioner Ricardo Lara on Thursday ordered insurers to preserve residential insurance coverage for more than 15,000 policyholders affected by fires in Del Norte County and Siskiyou County after Gov. Gavin Newsom issued emergency declarations last month. The commissioner’s …

from News Archives - Insurance Journal https://ift.tt/7NXKt9I
via IFTTT

Bank of England Tells UK to Hold Insurers to Account on Infrastructure Spending

The government should check that insurers are spending up to 100 billion pounds ($125 billion) on Britain’s economy after their capital rules were eased, Bank of England Deputy Governor Sam Woods said on Wednesday. Britain is rolling back capital rules …

from News Archives - Insurance Journal https://ift.tt/6D7UYor
via IFTTT

Walmart Sued by EEOC Over Test That Screened Out Disabled Workers

The U.S. agency that enforces workplace discrimination laws said on Wednesday that it had sued Walmart Inc over allegations it fired hourly workers with disabilities who could not pass a computer-based test. The Equal Employment Opportunity Commission (EEOC) said that …

from News Archives - Insurance Journal https://ift.tt/Pf67Ktk
via IFTTT

APCIA: Commonsense Reforms Needed for ‘Dark Money’ Third-Party Litigation Lending

In support of recent efforts at the state and federal levels of government to curtail third-party litigation funding, the American Property Casualty Insurance Association has asked the House Committee on Oversight and Accountability to consider disclosures. “As insurance protecting civil …

from News Archives - Insurance Journal https://ift.tt/ombnrRi
via IFTTT

New Florida Immigration Law Could Worsen Property Insurance Costs

If Florida insureds and insurers haven’t been pummeled enough by rising costs in recent years, they could soon see another factor that could hit them in the pocketbook. Florida’s tough new immigration law that took effect July 1, requiring more …

from News Archives - Insurance Journal https://ift.tt/fI8zhqG
via IFTTT

People Moves: IOA Names New Western Division Team Members

Insurance Office of America (IOA) named three new members to its western division team based in Encino, Calif. Ricky Choi is a senior advisor and leader of IOA’s newly launched Korean practice. Choi has more than two decades of expertise …

from News Archives - Insurance Journal https://ift.tt/8YKE4df
via IFTTT

Art Dealer to Rich and Famous Faces Millions in Fraud Claims

A high-profile New York art adviser with outposts in Tribeca and London is accused of withholding millions of dollars worth of artwork and cash from her clients, leaving collectors and galleries to line up in a court case to recover …

from News Archives - Insurance Journal https://ift.tt/wlF2i13
via IFTTT

Judge Dismisses Former Wilmington Police Officer’s Racial Discrimination Suit

A federal judge has dismissed a lawsuit filed by a former Wilmington police official who accused the police department of engaging in racial discrimination and improperly collecting and using data from seized cellphones, including her own. Judge Mark Kearney ruled …

from News Archives - Insurance Journal https://ift.tt/FElqtUB
via IFTTT

Driver Killed as Loose Wheel Crashes into Vehicle on Interstate 70 in Indianapolis

INDIANAPOLIS (AP) – A wheel came off a pickup truck on an Indianapolis freeway, bounced over a median and crashed into the windshield of another vehicle, killing its driver Monday, police said. The woman driving the second vehicle was pronounced …

from News Archives - Insurance Journal https://ift.tt/lI915NU
via IFTTT

HEMIC in Hawaii Declares $4M Dividend for Policyholders

The board of Hawaii Employers’ Mutual Insurance Company Inc. declared a $4 million dividend to qualifying policyholders. This marks 17 straight years of policyholder dividends, meaning HEMIC will have returned more $48 million to policyholders in dividends and pandemic premium …

from News Archives - Insurance Journal https://ift.tt/wgnpRcZ
via IFTTT

California Fast Food Workers Getting $20 Minimum Wage Under Labor and Industry Deal

Most fast food workers in California would get a $20 minimum wage next year, a nearly $5 per hour raise, under a deal announced this week between labor unions and the industry that will avoid a costly referendum on the …

from News Archives - Insurance Journal https://ift.tt/07sYW1X
via IFTTT

Mother Sues Peloton for Death of Son Killed When Bike Fell on Him During Workout

A woman has filed a lawsuit against Peloton over the death of her son, who was killed when his exercise bike fell on his neck during a workout in his New York City apartment. Ryan Furtado, 32, was doing a …

from News Archives - Insurance Journal https://ift.tt/UwAkTsV
via IFTTT

California School District Paying $2.25M to Settle Suit Involving Teacher Who Had Student’s Baby

A Southern California school district will pay $2.25 million to settle the latest lawsuit involving a teacher who became pregnant by one of at least two students she was accused of sexually abusing. The settlement brings to $8.25 million the …

from News Archives - Insurance Journal https://ift.tt/fqWw2py
via IFTTT

World’s Largest Ports May Be Unusable by 2050 Without More Climate Action: Report

Some of the world’s largest ports may be unusable by 2050 as rising sea levels hit operations, and efforts to speed up decarbonization of the maritime sector and bring in new technology are vital, a study showed on Friday. Weather-related …

from News Archives - Insurance Journal https://ift.tt/8NFnhgz
via IFTTT

Non-Life Insurers’ Profits to See Boost From Higher Rates

Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates cushion a hit from a rise in claims, a report by Swiss Re Institute showed on Saturday. Insurers invest a …

from News Archives - Insurance Journal https://ift.tt/JOi6YzE
via IFTTT

Lee’s Rapid Growth Rewriting Hurricane Rule Book

Hurricane Lee is rewriting old rules of meteorology, leaving experts astonished at how rapidly it grew into a goliath Category 5 hurricane. Lee – which just as quickly dropped to a still-dangerous Category 3 and held that strength Saturday – …

from News Archives - Insurance Journal https://ift.tt/uaBqJnM
via IFTTT

MGAs and Fronting Companies: Exploring the New ‘Asset-Light’ Frontier

Premiums underwritten by U.S. managing general agencies not affiliated with insurance companies reached $33 billion in 2022, and fronting companies wrote another $13 billion in the same year, a new report says. Reinsurance broker Howden Tiger and the insurance research …

from News Archives - Insurance Journal https://ift.tt/mAsrgKT
via IFTTT

Connecticut Farm Worker Paralyzed After Being Attacked by Bull

A 59-year-old Connecticut man was seriously injured after being attacked by a bull at the farm where he was working. Family members told Hearst Connecticut Media that the bull attacked Randy Janquins on Friday at a farm in Harwinton, Connecticut, …

from News Archives - Insurance Journal https://ift.tt/jz5W6fu
via IFTTT

City of London Calls for ‘Big Moves’ to Boost Post-Brexit Finance

The City of London called in a report on Thursday for a new council which would allow Britain’s financial sector to drive through “big moves” needed to boost the economy by 225 billion pounds ($281 billion) by 2030 and beyond. …

from News Archives - Insurance Journal https://ift.tt/SOFQZvY
via IFTTT

Nevada Division of Insurance Recovers $6.1M in 2023

The Nevada Division of Insurance announced it recovered over $6.1 million in Fiscal Year 2023. The Division’s Consumer Services and Enforcement teams investigate thousands of consumer complaints each year, as well as help settle claim disputes and recover money insurers …

from News Archives - Insurance Journal https://ift.tt/0xqhmBT
via IFTTT

Roman Bust Seized from Massachusetts Museum in Ongoing Investigation

A bronze bust believed to depict the daughter of an ancient Roman emperor has been seized from an art museum in Massachusetts by New York authorities investigating antiquities stolen from Turkey. The seizure is the latest in an ongoing investigation …

from News Archives - Insurance Journal https://ift.tt/lxdq65N
via IFTTT

SAIF in Oregon Declares $135M Dividend for Policyholders

The SAIF board of directors declared a $135 million dividend for its policyholders, marking the 14th straight year SAIF has been able to offer a dividend. SAIF is a not-for-profit with a goal of making workers’ compensation coverage more available, …

from News Archives - Insurance Journal https://ift.tt/MoOqiDN
via IFTTT

Loss Trends for Severe Convective Storms

Loss trends for severe convective storms (SCS) have increased over the past 15 years and even more during the past five years, according to Dan Dick, global head of Catastrophe Management at Aon. “What’s interesting about these trends is when …

from News Archives - Insurance Journal https://ift.tt/4r9V2yH
via IFTTT

The Care and Feeding of Property-Catastrophe Models

Executive summary: The key to getting useful model results is working with models that fit specific underwriting needs and making sure the models are regularly updated while employing qualitative analysis (in addition to the models’ quantitative analysis), say experts from …

from News Archives - Insurance Journal https://ift.tt/M5jtJBU
via IFTTT

People Moves: Nutter to Retire as RAA President; Covington Appointed to Take the Helm

The Reinsurance Association of America (RAA) on Wednesday said its long-time president, Frank Nutter, will retire at the end of the year and Lee Covington is president-elect. Nutter has been president of the trade association for property/casualty reinsurers for 32 …

from News Archives - Insurance Journal https://ift.tt/5Ju1lnM
via IFTTT

UK Parliament Calls in Surveyors to Test for Dangerous Concrete

Tests are being carried out to determine whether the UK Houses of Parliament contain the form of crumbling concrete that caused ministers last week to tell more than 100 schools to close buildings. Surveyors are investigating if any parts of …

from News Archives - Insurance Journal https://ift.tt/zrecxFP
via IFTTT

Long Island Couple Dies After Their Boat Crashes With Larger Vessel

A Long Island couple was killed after their boat collided with a larger vessel and capsized, police said Monday. Louis Deritis, 53, was operating a 27-foot (8-meter) boat at about 10:40 p.m. Sunday when it collided with a 44-foot (13-meter) …

from News Archives - Insurance Journal https://ift.tt/lFjCamX
via IFTTT

Reinsurance Association Releases Paper on California Homeowners Insurance Market, Urges Policymakers Consider Risks of Inaction

The Reinsurance Association of America has come out with a white paper on the California homeowners insurance market that urges policymakers consider the risks of inaction. The paper, “Dynamics and Challenges in California’s Homeowners Insurance Market,” provides background and recommendations …

from News Archives - Insurance Journal https://ift.tt/DeZU1ab
via IFTTT

S&P Raises Reinsurance Sector View to Stable From Negative as Rates Keep Rising

S&P Global has raised its view of the global reinsurance sector to stable from negative, it said on Tuesday, due to higher reinsurance rates and increasing investment income, while rival Moody’s kept its outlook for the sector stable. The COVID-19 …

from News Archives - Insurance Journal https://ift.tt/PnJTbMc
via IFTTT

Delaware Police to Pay $50K to Man They Blocked From Warning of Speed Trap

Delaware State Police have agreed to pay $50,000 to resolve a federal lawsuit filed by a man who said troopers violated his constitutional rights by preventing him from warning motorists about a speed trap. A judgment was entered Friday in …

from News Archives - Insurance Journal https://ift.tt/oCatF7I
via IFTTT

Tesla Braces For Its First Trial Involving Autopilot Fatality

Tesla Inc. is set to defend itself for the first time at trial against allegations that failure of its Autopilot driver assistant feature led to death, in what will likely be a major test of Chief Executive Elon Musk’s assertions …

from News Archives - Insurance Journal https://ift.tt/sL1pvrn
via IFTTT

Fast Fashion Firms Prepare for EU Crackdown on Waste Mountain

In a warehouse on the outskirts of Barcelona, women stand at conveyor belts, manually sorting T-shirts, jeans and dresses from large bales of used clothing – a small step towards tackling Europe’s towering problem of discarded fashion. Within a year, …

from News Archives - Insurance Journal https://ift.tt/0WYOSzc
via IFTTT