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News Archives - Insurance Journal
California State University Targeted by EEOC Antisemitism Inquiry Federal officials have opened inquiries into California State University for allegations of antisemitism and claims of racial discrimination tied to a diversity hiring initiative. The U.S. Equal Employment Opportunity Commission has launched an investigation into claims of antisemitism and was …
POSTED OCTOBER 03, 2025 6:07 PM |
OpenAI Says Musk’s xAI Filed Secrets Suit to ‘Bully’ Ex-Workers OpenAI Inc. says a lawsuit accusing it of stealing technology from xAI is just Elon Musk’s latest attempt to distract attention from the failures of his own generative artificial intelligence company. “Unable to match OpenAI’s innovation, xAI has filed this …
POSTED OCTOBER 03, 2025 3:59 PM |
White Mountains Insurance to Sell Unit to CVC in $1.75 Billion Deal White Mountains Insurance said on Friday it would sell a controlling interest in insurance distribution platform Bamboo to European private equity firm CVC in a deal that values the company at $1.75 billion. Shares of Hamilton, Bermuda-based White Mountains jumped …
POSTED OCTOBER 03, 2025 3:37 PM |
More NC Outer Banks Homes Collapse into Surf as Hurricanes Stay Far Offshore Six unoccupied houses along North Carolina’s Outer Banks have collapsed into the ocean as Hurricanes Humberto and Imelda rumble in the Atlantic, the latest private beachfront structures to fall as sea levels rise due to global warming. Five of the …
POSTED OCTOBER 03, 2025 3:01 PM |
Howden Acquires Insurance Broker Gott & Wynne in North Wales Howden, the London-based insurance intermediary group, announced the acquisition of Gott & Wynne Ltd., a property-casualty insurance broker based in Llandudno, North Wales, specializing in both personal and commercial lines. This acquisition gives Howden its first branch in North Wales …
POSTED OCTOBER 03, 2025 2:53 PM |
Georgia Farmers Should Get $531M in Helene Aid But the Deal’s Not Done Yet The wait continues for Georgia farmers who need more aid after Hurricane Helene, even as state and federal officials in other states announce agreements. The U.S. Department of Agriculture and Georgia Agriculture Commissioner Tyler Harper this week announced Georgia farmers …
POSTED OCTOBER 03, 2025 2:46 PM |
Trump Halts $2 Billion for Chicago Transit in Shutdown Play White House Budget Director Russell Vought announced the withholding of more than $2 billion for transportation projects in Chicago, the latest move by the Trump administration to use the shutdown as leverage to shrink the federal government. Vought said in …
POSTED OCTOBER 03, 2025 1:10 PM |
Large Fire Erupts in Jet Fuel Unit at Chevron’s LA Refinery A large fire erupted in a jet fuel production unit at Chevron’s El Segundo refinery near Los Angeles on Thursday, disrupting supply in California’s isolated energy market. Chevron’s second-biggest refinery in the United States, the El Segundo facility supplies a …
POSTED OCTOBER 03, 2025 12:56 PM |
Blast Blew 20-Story Chunk Out of Bronx Apartment Building An explosion at a New York City apartment building blew off a massive chimney that ran up the side of the high-rise, leaving residents to wait for clearance to return to their apartments as officials investigate what caused the blast. …
POSTED OCTOBER 03, 2025 12:15 PM |
Two Delta Jets Collide While Taxiing at New York’s LaGuardia Airport Two Delta Air Lines Inc. regional jets collided at low speed while taxiing at New York’s LaGuardia Airport on Wednesday night, causing minor injuries to one flight attendant and prompting regulators to open an investigation. Both planes were CRJ-900 aircraft …
POSTED OCTOBER 03, 2025 12:00 PM |
News Archives - Claims Journal
Activision Officials Must Face Claims Over Microsoft Takeover of Call of Duty A Delaware judge said former Activision Blizzard officials including Chief Executive Bobby Kotick must face most of a lawsuit alleging they shortchanged shareholders when Microsoft bought the “Call of Duty” game maker for $75.4 billion. Chancellor Kathaleen McCormick of the …
POSTED OCTOBER 03, 2025 6:30 PM |
California Department of Insurance Taking Actions Against Tesla Over Claims Handling The California Department of Insurance launched enforcement actions against Tesla Insurance Services Inc. and Tesla Insurance Company companies for allegedly failing to adequately handle hundreds of California automobile policy claims. The actions are also aimed at State National Insurance Company. …
POSTED OCTOBER 03, 2025 6:00 PM |
Asahi Blames Ransomware for Crippling Japanese Beer Plants Asahi revealed that cyber-attackers employed ransomware to bring its domestic factories to a standstill, shedding more light on an online breach that's raised questions about the country's online-security preparedness.
POSTED OCTOBER 03, 2025 1:41 PM |
Tesla Doors Are Faulted in Lawsuits Over Fatal Cybertruck Crash Tesla Inc. was sued over claims that defects in the doors of a crashed Cybertruck made it a “death trap” by preventing three college students from escaping from the fiery wreck before they died of smoke inhalation. The allegations against …
POSTED OCTOBER 03, 2025 5:00 AM |
Musk Loses Bid to Move SEC Suit Over Twitter Stake to Texas A federal judge rejected Elon Musk’s bid to transfer to a court in Texas a U.S. Securities and Exchange Commission lawsuit alleging he was late in disclosing his 2022 stake in Twitter Inc. “The Court takes Mr. Musk’s convenience seriously, …
POSTED OCTOBER 03, 2025 5:00 AM |
Nirvana Again Defeats Child Pornography Suit Over Cover A federal judge again threw out a lawsuit by a man who accused iconic grunge rock band Nirvana of distributing child pornography by using a photograph of him as a naked, swimming baby on the cover of its breakthrough 1991 …
POSTED OCTOBER 03, 2025 5:00 AM |
California Police Pulled Over A Waymo for An Illegal U-Turn, But They Couldn’t Cite Police in Northern California were understandably perplexed when they pulled over a Waymo taxi after it made an illegal U-turn, only to find no driver behind the wheel and therefore, no one to ticket. The San Bruno Police Department wrote …
POSTED OCTOBER 03, 2025 5:00 AM |
Sedgwick: Australian Product Recalls Fell 14% in First Half Product recalls in Australia fell 14.3% in the first half of 2025 compared with the second half of last year, a new report shows. Sedgwick’s latest Australian Product Safety and Recall Index found 394 recalls between January and June, down …
POSTED OCTOBER 03, 2025 5:00 AM |
OpenAI Asks Court to Dismiss Trade-Secret Suit From xAI OpenAI asked a federal judge on Thursday to dismiss a lawsuit alleging it lured employees away from Elon Musk’s artificial intelligence startup xAI to steal its trade secrets, calling the case part of Musk’s “ongoing harassment” of the company. OpenAI …
POSTED OCTOBER 02, 2025 11:21 PM |
Two Delta Jets Collided While Taxiing at New York’s LaGuardia Two Delta Air Lines Inc. regional jets collided at low speed while taxiing at New York’s LaGuardia Airport on Wednesday night, causing minor injuries to one flight attendant and prompting regulators to open an investigation. Both planes were CRJ-900 aircraft …
POSTED OCTOBER 02, 2025 7:42 PM |
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