Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
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Lawsuit Claiming Racism at Tesla Draws Almost 240 Black Workers Saying ‘Me Too’

A Black former assembly line staffer at Tesla Inc. is moving to add hundreds of other workers to his 2017 lawsuit in which he called the electric-car maker’s production floor a “hotbed for racist behavior.” Marcus Vaughn says class-action status …

Tue Jun 6, 2023 09:13
Google Antitrust Suit Over Ad Tech Sent Back to State Court

A judicial panel on Monday transferred antitrust litigation against Alphabet Inc.’s Google filed by state attorneys general back to a federal court in Texas, citing a law passed by Congress in December. The decision by the Judicial Panel on Multidistrict …

Tue Jun 6, 2023 08:52
SEC Sues Binance and Founder Zhao Over ‘Web of Deception’

U.S. regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a “web of deception,” piling further pressure on the world’s biggest cryptocurrency exchange and sending bitcoin to its lowest in almost three months. The Securities and …

Tue Jun 6, 2023 08:22
Industry Alliance Outlines Key Liability Risk Considerations in Insuring AI

Artificial intelligence and its uses are a hot topic these days. Some benefits of AI include efficiency in time and resources, but what happens when an AI-related error or failure occurs? Liability insurance relating to damages caused by an AI …

Tue Jun 6, 2023 08:22
Massachusetts City Faces Lawsuit Alleging Police Misconduct at George Floyd Protest

Eleven people have filed a federal lawsuit saying they were assaulted by police or wrongfully arrested while peacefully observing a June 2020 protest in Massachusetts’ second-largest city over the killing of George Floyd. The lawsuit filed last Thursday names as …

Tue Jun 6, 2023 08:22
Insurance Leader Paul Hammack Remembered for Industry Passion, Vision

Friends, family and insurance colleagues of Paul Hammack gathered in Sacramento, California, in May to honor the life of the 30-year industry veteran, who was tragically killed in a car accident on Dec. 14, 2022. Nearly 500 people packed two …

Tue Jun 6, 2023 08:22

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