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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, …
POSTED SEPTEMBER 29, 2023 5:45 AM |
DFS: Florida Claims Adjuster Arrested in $11M Scheme that Sent Checks to Conspirators
Additional arrests are expected after a 41-year-old south Florida claims adjuster was charged this week in an elaborate scheme that allegedly rang up more than $11 million in fraudulent insurance payments to hundreds of co-conspirators. Florida’s Department of Financial Services …
POSTED SEPTEMBER 29, 2023 5:01 AM |
INSHUR Partners with Uber on Insurance Products for On-Demand Livery Drivers in Arizona
On-demand insurance platform INSHUR launched its insurance offering for on-demand livery drivers in Arizona, its second state in the U.S. following New York. This comes after the company’s acquisition of American Business Insurance Services in April. The launch in Arizona …
POSTED SEPTEMBER 29, 2023 5:00 AM |
Judge Dismisses Charges Against Philadelphia Officer in Fatal Traffic Stop Shooting
A judge dismissed murder and other charges this week against a Philadelphia police officer who shot and killed a driver through a rolled-up driver’s side window, agreeing with defense attorneys who said the officer could have feared for his life …
POSTED SEPTEMBER 29, 2023 5:00 AM |
New Jersey Supreme Court Weighs COVID-Related insurance Claims by Casino
New Jersey`s Supreme Court is expected to consider whether an Atlantic City casino can get payouts from business interruption insurance for losses during the COVID-19 outbreak, potentially providing guidance for policyholders nationwide regarding the scope of coverage for pandemic-related losses. …
POSTED SEPTEMBER 29, 2023 5:00 AM |
Information Security Issue Stalls Federal Probe of Fatal Pennsylvania Chocolate Factory Blast
After months of discussion, federal safety officials and the Pennsylvania Public Utilities Commission (PUC) remain at odds over release of documents that the National Transportation Safety Board says it needs for a building explosion investigation but PUC says it cannot …
POSTED SEPTEMBER 29, 2023 5:00 AM |
A Hidden Climate Danger Threatens Coastal Communities
A little-known climate threat lurks under our feet: rising groundwater that could release toxic chemicals from more than 132,000 contaminated sites in coastal areas of the US. In a first of its kind study, researchers estimated the number of polluted …
POSTED SEPTEMBER 29, 2023 5:00 AM |
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 …
POSTED SEPTEMBER 29, 2023 5:00 AM |
Louisiana’s Drinking Water Supply Under Threat as Gulf Saltwater Invades Mississippi River
BATON ROUGE, La. (AP) – A mass inflow of salt water from the Gulf of Mexico creeping up the drought-stricken Mississippi River is threatening drinking water supplies in Louisiana, prompting Gov. John Bel Edwards to ask President Joe Biden for …
POSTED SEPTEMBER 28, 2023 4:45 PM |
Illinois Appellate Court Rules Freight Broker Not Liable for $18M Jury Award in Teen’s Brain Injury Case
A freight broker is not liable for an $18 million jury award to the mother of a teenage boy who suffered a brain injury when he was struck by a truck, an Illinois appellate court ruled Wednesday. A panel of …
POSTED SEPTEMBER 28, 2023 4:42 PM |
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