Monthly Archives: <span>April 2021</span>

Hub International Acquires Massachusetts’ IBG Financial Partners

Hub International Limited, a full-service global insurance broker, has acquired IBG Financial Partners LLC. Terms of the transaction were not disclosed. Located in Foxborough, Massachusetts, IBG is a team of retirement plan consultants that provides fiduciary and retirement plan consulting …

Lloyd’s Lab Picks 11 Insurtech Start-ups, Focused on Product Simplification, Climate

Lloyd’s announced the next 11 insurtech start-ups that are participating in the sixth cohort of its Lloyd’s Lab innovation accelerator program. These insurtechs will be focused on creating simpler products for customers, including building solutions related to climate risks. This …

McDonald’s to Require Employee Training to Combat Harassment, Discrimination

McDonald’s Corp said on Wednesday it will require new training and policies to combat harassment, discrimination and violence at its 39,000 restaurants worldwide, calling for safer work places after it faced lawsuits by some female employees. The burger chain said …

Hallmark Financial Plans to Pursue IPO of Specialty Commercial Business

Hallmark Financial Services Inc., a property/casualty insurance company with three business segments – Specialty Commercial, Standard Commercial and Personal – plans to pursue an initial public offering of a non-controlling ownership stake in the core businesses within the Specialty Commercial …

EU Set to Ban Artificial Intelligence Used for Mass Surveillance, Ranking Social Behavior

The European Union is poised to ban artificial intelligence (AI) systems used for mass surveillance or for ranking social behavior, while companies developing AI could face fines as high as 4% of global revenue if they fail to comply with …

Boy Scouts’ Lawyers Eye New Reorganization Plan After Criticisms from Abuse Victims

DOVER, Del. (AP) – Attorneys for the Boy Scouts of America told a Delaware bankruptcy judge Monday that they plan to file a new reorganization plan after gaining little support for a previous proposal that has been roundly criticized by …

White House Rushes to Strengthen Security of U.S. Power Grid as Hacking Threats Grow

A White House plan to rapidly shore up the security of the U.S. power grid will begin with a 100-day sprint, but take years more to transform utilities’ ability to fight off hackers, according to details of a draft version …

IBM Uncovers More Cyber Attacks on COVID-19 Vaccine Supply Chain

International Business Machines Corp. said on Wednesday its cyber-security unit has uncovered more digital attacks targeting the global COVID-19 vaccine supply chain since the issue was originally flagged late last year. The cloud services provider said it recently found that …

Michigan Workplace Virus Rules, Office Restrictions Extended for 6 Months

Gov. Gretchen Whitmer’s administration has extended workplace coronavirus restrictions for an additional six months, including a requirement that Michigan employers prohibit office work if employees’ jobs can feasibly be done remotely. The emergency rules, which were issued in the fall, …

Detroit Police Sued by Man Mistaken for Shoplifter by Recognition Technology

A Black man who was arrested when facial recognition technology mistakenly identified him as a suspected shoplifter has sued Detroit police, seeking compensation for the humiliating incident and restrictions on how the city uses the tool. “I came home from …