November 3, 2021
In Wichita, Kansas, nearly half of the roughly 10,000 employees at aircraft companies Textron Inc. and Spirit AeroSystems remain unvaccinated against COVID-19, risking their jobs in defiance of a federal mandate, according to a union official. “We’re going to lose …
November 3, 2021
Facebook Inc. announced on Tuesday it is shutting down its facial recognition system, which automatically identifies users in photos and videos, citing growing societal concerns about the use of such technology. “Regulators are still in the process of providing a …
November 3, 2021
Insurance broker Willis Towers Watson announced the signing of an agreement to acquire the remaining 51% shares from Anemone Holdings Private Ltd and Rohit Jain in Willis Towers Watson (WTW) India. WTW currently owns 49% of Willis Towers Watson India …
November 3, 2021
Banks and asset managers representing 40% of the world’s financial assets have now pledged to meet the goals set out in the Paris climate agreement, as an alliance championed by former central banker Mark Carney swells under the gaze of …
November 3, 2021
Freeway Insurance, a division of Confie, has acquired Texas-based AutoPartners Insurance Agency, Inc, under the Freeway Insurance brand. As part of the acquisition, Freeway Insurance will retain AutoPartners Insurance employees, as well as maintain operations at all 17 AutoPartners Insurance …
November 3, 2021
Inszone Insurance Services, a national provider of benefits, personal and commercial lines insurance, has acquired Ratliff Insurance Agency. The acquisition marks Inszone’s expansion into Texas. Founded by Paula Ratliff, Ratliff Insurance Agency has been serving Dallas, Texas as well as …
November 3, 2021
A central Indiana county’s commissioners will pay out $100,000 to the owners of four vehicles after a tree limb fell on the courthouse square last month, crushing their vehicles. The 80-foot-tall red oak split during a storm on Oct. 21, …
November 3, 2021
A Kansas City jury decided in favor of the insurer in the nation’s first jury trail of a lawsuit that sought coverage for business-interruption losses caused by the coronavirus. The jury for the U.S. District Court for Western Missouri on …
November 3, 2021
Orion 180, a homeowners’ insurtech company, has expanded into Georgia and will soon move into South Carolina, the company said this week. Orion, based in Melbourne, Florida, uses technology to allow homeowners to find coverage and connect with agents. The …
November 3, 2021
Verisk Analytics, the global data analytics firm, has acquired North Carolina-based Data Driven Safety to expand its automobile insurance underwriting data business, Verisk announced. Data Driven Safety, founded in 2009 and headquartered in Huntersville, North Carolina, has specialized in aggregating …