Yearly Archives: <span>2023</span>

Idaho Woman Files Lawsuit Against Fertility Doctor

An Idaho woman is suing her one-time fertility doctor, saying he secretly used his own sperm to inseminate her 34 years ago, the latest in a string of such cases brought as at-home DNA sampling enables people to learn more …

Magnitude 3.7 Earthquake Struck San Francisco Region

A magnitude 3.7 earthquake with its center at San Francisco`s international airport rattled the Bay Area Friday evening but there were no reports of damage. The U.S. Geological Survey reported the minor quake struck about 7 miles beneath the San …

Saltwater Intrusion Threatens Drinking Water in Louisiana

NEW ORLEANS (AP) – The heating element removed from Monique Plaisance`s water heater in September was disintegrating, streaked with rust and covered in a dry crust. She blamed the corrosion on the water piped in from the area`s longtime drinking …

Insurtech Hippo Lays Off 20% of Employees

Insurtech Hippo Holdings said it has “initiated an organizational realignment” by laying off about 120 employees, or 20% of its workforce. The company said in a filing with the U.S. Securities and Exchange Commission on Oct. 26 that it expects …

Texas Supreme Court Hears Arguments in Challenge to Public Adjuster Law

Insurers and the Texas Department of Insurance hope to persuade the state Supreme Court to block a constitutional challenge to a law that prohibits roofing contractors from acting as public adjusters on their customers’ damage claims. The high court heard …

Panama Removed From Gray List of Financial Crime Watchdog FATF

Panama has been removed from the gray list of financial crime watchdog FATF, a register which includes countries deemed to be doing too little to combat money laundering, according to a government statement on Friday. The Central American country’s first …

Otis Likely to Be One of Costliest Hurricanes for Mexico Insurance Market: Gallagher Re

Hurricane Otis is expected to be one of the costliest natural catastrophe events in Mexico’s history with initial economic losses expected to top US$10 billion, according to Gallagher Re. Further, insured losses are expected to run into the billions of …

Chinese Online Insurer Shouhui Weighs Hong Kong IPO in 2024

Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter. China International Capital Corp. and Huatai Securities Co. are …

Boeing Assessing Lockbit Hacking Gang Threat of Sensitive Data Leak

Boeing Co said on Oct. 27 that it was assessing a claim made by the Lockbit cybercrime gang that it had “a tremendous amount” of sensitive data stolen from the aerospace giant that it would dump online if Boeing didn’t …

Companies May Be Employers of Contract, Franchise Workers Under US Labor Rule

A U.S. labor board on Oct. 26 issued a final rule making it easier for workers and unions to hold companies liable for labor law violations by their franchisees and contractors, reviving an Obama-era standard heavily criticized by trade groups. …