Yearly Archives: <span>2023</span>

Acrisure Acquires TEn, Will Go to Market as Eleven Network

Acrisure said it has acquired TEn Insurance Services Ltd. As part of the acquisition, TEn will go to market as Eleven Network. The deal is expected to close in the near term, pending FCA regulatory approvals. Terms were not disclosed. …

Supreme Court Limits Reach of Federal ID Theft Law

The U.S. Supreme Court yesterday narrowed when identity theft can be included as part of federal criminal charges. In the case (Dubin v. U.S.), the high court found that not every use of another’s identification means there has been an …

Insurer Not Liable for Botched Fracking Operation

A well servicing company that damaged 53 natural gas wells by using a defective chemical during a hydrofracking operation is not entitled to insurance coverage for a $13 million jury verdict because there was no accident, a panel of the …

New York City Defends ‘Stop and Frisk’ Policy After Report Calls It Unconstitutional

New York City’s reliance on the tactic known as “stop and frisk” as part of a new initiative to combat gun violence is harming communities of color and running afoul of the law, a court-appointed federal monitor reported this week. …

Philadelphia Home Care Agency Ordered to Pay $7M in Back Wages, Damages

A federal court has ordered a Philadelphia home care agency and its owner to pay more than $7 million in back wages and damages to 1,230 current and former employees. After two years of litigation, Judge Chad F. Kenney in …

Insify Raises €10 million Series A Extension Led By Munich Re

Insify, an insurtech for SMEs, has raised an additional €10 million, bringing its total Series A funding to €25 million. Munich Re Ventures led the extension round and was joined by existing investors including global venture fund Accel – who …

Connecticut Lawmakers Pass Wrong-Way Driver Bill

Connecticut lawmakers, still grieving the death of a fellow legislator killed in a wrong-way crash in January, have given final legislative approval to a bill that attempts to address the large increase in wrong- way crashes on the state’s roads. …

Most Nations Aiming for Net-Zero Fail to Meet Targets, Study Shows

A new scientific assessment of government commitments to eliminate greenhouse gas emissions found most lack credibility and would put the world on track to experience catastrophic global warming by the end of this century. About 90% of net-zero plans by …

Hawaii’s Active Kilauea Begins Erupting After 3-Month Pause

Kilauea, one of the most active volcanoes in the world, began erupting on Wednesday after a three-month pause, displaying spectacular fountains of mesmerizing, glowing lava that’s a safe distance from people and structures in a national park on the Big …

Black Workers at California Tesla Factory Allege Rampant Racism, Seek Class-Action Status

Tesla may face a class-action lawsuit after 240 Black factory workers in California described rampant racism and discrimination at the electric automaker’s San Francisco Bay Area plant, including frequent use of racial slurs and references to the manufacturing site as …