WTW to Sell Direct-to-Consumer Sales Unit Tranzact for $632 Million October 1, 2024 Global insurance broker WTW has agreed to sell its direct-to-consumer insurance distribution business, Tranzact, to the private equity firm GTCR...
Carolina Agents, Insureds Stunned by Unprecedented Damage So Far Inland October 1, 2024 By Staff and Wire Reports Insurance agents in the mountain city of Asheville, North Carolina, said they and their policyholders have been stunned by the...
US East Coast Dockworkers Strike, Halting Half the Nation’s Ocean Shipping October 1, 2024 By David Shepardson and Doyinsola Oladipo Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in...
Viewpoint: East Coast Port Strike: Insurance and Risk Management Implications October 1, 2024 By Tom Ptacek, JD and Zoi Fanourgiakis As it has many times before, the International Longshore Association (ILA) threatened a strike, beginning October 1, that would shut...
California Governor Vetoes Bill to Create First-in-Nation AI Safety Measures October 1, 2024 By Trân Nguyen California Gov. Gavin Newsom vetoed a landmark bill aimed at establishing first-in-the-nation safety measures for large artificial intelligence models. The...
Jury Awards $24M to Pennsylvania Man Injured in Botched Spinal Surgery October 1, 2024 A Pennsylvania jury has awarded a $23.87 million verdict to James Spangler, a 58-year-old Harley Davidson mechanic from Manchester who...
Explosive-Packed Drone Boat Slams Into Oil Tanker in Red Sea October 1, 2024 By Salma El Wardany An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli...
Cleanup Begins After Chemical Plant Fire Forced Evacuations Near Atlanta October 1, 2024 CONYERS, Ga. (AP) — Some residents east of Atlanta were evacuated while others were told to shelter in place Sunday...
Delaware’s Workers’ Compensation Claims Cost Grew 3% a Year: WCRI October 1, 2024 The average cost of workers’ compensation claims in Delaware, for cases with more than seven days of lost work, went...
Judge Dismisses Shareholder Lawsuit Against Tesla, Musk Over Self-Driving Promises October 1, 2024 By Jonathan Stempel Tesla and its CEO Elon Musk on Monday won the dismissal of a lawsuit accusing them of defrauding shareholders by...