Class

Florida Bill Would Allow High School Class in Place of CSR Ed Requirements

Auto Insurance /
Florida Bill Would Allow High School Class in Place of CSR Ed Requirements

A bill moving swiftly through the Florida House of Representatives could help ease the shortage of customer representatives at insurance agencies by waiving longstanding education requirements. House Bill 1343 would allow insurance customer representatives to forego the courses now required for a customer service representative license in the state, as long as the applicant completes […]

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South Korea Online Retailer Coupang Faces US Securities Class Action Over Data Breach

Life Insurance /
South Korea Online Retailer Coupang Faces US Securities Class Action Over Data Breach

The lawsuit, filed last week in federal court in California, claims Coupang, its CEO and Chairman Bom Kim and its Chief Financial Officer Gaurav Anand misled investors about the company’s data security practices and failed to disclose the breach in a timely way. Coupang, South Korea’s biggest online retailer, last month apologized over the breach

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Hamilton Re Promotes Hunt to SVP, Head of Property Insurance; MGA Arrow Launches Professional Indemnity Practice, Naming Cox as Class Underwriter

Auto Insurance /
Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships

This edition of International People Moves details appointments at Hamilton Insurance Group and MGA Arrow Risk Management. A summary of these new hires follows here. Hamilton Re Promotes Hunt to SVP, Head of Property Insurance Hamilton Insurance Group Ltd., the Bermuda-headquartered specialty insurance and reinsurance company, announced the appointment of Dwayne Hunt as senior vice

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Dimensional Wins Approval for Dual Share Class ETFs

Real Estate Buying & Selling /
Dimensional Wins Approval for Dual Share Class ETFs

(Bloomberg) — Quant firm Dimensional Fund Advisors has received formal approval to adopt a fund structure that for two decades has been used exclusively by Vanguard Group to save investors billions of dollars in taxes. Dimensional, founded by David Booth, said on Monday that regulators had granted it so-called exemptive relief to offer dual share

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California Judge Enables Tesla to Undo Race Bias Class Action by Black Factory Workers

Health Insurance /
Two Workers Sue Over New York City Legionnaires’ Disease Outbreak

A California state judge has ruled that 6,000 Black workers at Tesla’s flagship assembly plant cannot sue over alleged racial harassment as a class, reversing an earlier ruling in a major victory for CEO Elon Musk’s electric vehicle maker. California Superior Court Judge Peter Borkon late on Friday ruled that the 2017 lawsuit could not

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Tariff-Linked Class Action Suits to Boost D&O Insurance Demand

Life Insurance /
Tariff-Linked Class Action Suits to Boost D&O Insurance Demand

A group of Dow Inc. investors filed a lawsuit at the end of August accusing the chemical manufacturer of failing to properly disclose the impact of tariffs on its business. This is the first investor class action linked to President Donald Trump’s tariff onslaught that upended global trade, according to lawyers, forced companies to reevaluate

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Exclusive Member of Reinsurance Class of 2025: Duperreault’s Cedar Trace

Auto Insurance /
Exclusive Member of Reinsurance Class of 2025: Duperreault’s Cedar Trace

There are certain traits of hard reinsurance market cycles: prices rise, terms and conditions tighten, and new Bermuda reinsurers are formed to help fill capacity needs — known in the past by the market as the “class of 1992,” “class of 2001,” or the “class of 2005.” At least that was previously the pattern. During

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$425 Million Google Class Action Lawsuit: Do You Qualify for a Payout?

Personal Finance /
The Google logo displayed on a smartphone that's sitting on top of a laptop.

This week, a federal jury in California found Google liable on two counts of privacy violations for continuing to collect the data of millions of users who had turned off a data tracking setting in their Google Accounts. Google has to pay $425 million for the privacy violations. Google denies the allegations in the lawsuit

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