News Center
News Archives - Insurance Journal
PwC International Can’t Exit Evergrande Case, HK Court Rules
A Hong Kong court declined to remove PricewaterhouseCoopers International Ltd. from a multibillion-dollar lawsuit brought by China Evergrande liquidators against the firm and its Hong Kong and mainland Chinese affiliates.Deputy High Court Judge Patrick Fung said the evidence PwC International …
POSTED AUGUST 26, 2026 3:27 PM |
Large SC Restaurant Chain Pays $700,000 in Back Wages, Fines from DOL
A South Carolina restaurant chain has paid more than $718,000 in back wages and penalties after federal investigators found that the company had failed to pay overtime to workers and allowed managers to dip into the tip pool. Tropical Grille …
POSTED AUGUST 26, 2026 3:00 PM |
Meta Agrees to Pay Up to $16.7 Billion in Social Media Case
Meta Platforms Inc. has agreed to pay up to $16.7 billion to settle a landmark social media case with multiple US states, according to a court filing Wednesday. The deal requires the company to put new guardrails on its platforms …
POSTED AUGUST 26, 2026 1:59 PM |
Alabama AG Launches Probe Into OpenAI After Hugging Face Breach
Alabama’s attorney general said the state had opened an investigation into OpenAI after its models hacked technology company Hugging Face last month, raising concerns about how artificial intelligence firms control their powerful systems. Here are a few details: Last week, …
POSTED AUGUST 26, 2026 1:49 PM |
Plane Crashed on Second Attempt to Land in Heavy Fog in Alaska, Killing 8, Officials Say
A plane that crashed at a remote military site in western Alaska, killing all eight people on board, had been making its second runway approach in heavy fog when it lost contact, authorities said. The Cessna’s two pilots could not …
POSTED AUGUST 26, 2026 1:42 PM |
Yale Police Officer Charged With Workers’ Compensation Fraud
A New Haven man has been arrested and charged with illegally collecting workers’ compensation benefits from the state while being employed as a campus police officer at the Yale University Police Department. According to the arrest warrant affidavit, in November …
POSTED AUGUST 26, 2026 1:25 PM |
Freestone Acquires Illinois-Based 360 Benefits
Freestone Insurance Group, a Shore Capital Partners portfolio company, has acquired 360 Benefits, an employee benefits focused brokerage based in Chicago. 360 serves privately held, middle-market employers across a broad range of industries, delivering high-touch consultative benefits and risk management …
POSTED AUGUST 26, 2026 12:11 PM |
SpaceX Plans $100 Billion Louisiana Site in Post-IPO Growth Push
SpaceX plans to build a new $100 billion launch site for its Starship rocket on the southern coast of Louisiana, enabling the company to expand operations of the behemoth vehicle that’s critical to its future. Louisiana Governor Jeff Landry and …
POSTED AUGUST 26, 2026 12:08 PM |
Produce Supplier Taylor Farms Frequently Fails to Submit Annual Injury Reports: Reuters
Taylor Farms, the produce company at the center of a U.S. cyclospora outbreak, frequently failed to submit federally required workplace injury logs in recent years, including for at least four facilities where workers suffered fatal or otherwise serious injuries, a …
POSTED AUGUST 26, 2026 11:42 AM |
Boston Scientific Hit by Cyberattack, Global Operations Affected
Boston Scientific said on Wednesday that a cybersecurity incident had disrupted global operations, including some information systems used to process and ship customer orders. The medical device maker said it detected the incident on Aug. 25 and had activated incident-response …
POSTED AUGUST 26, 2026 11:21 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Canopy Insurance, LLC confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|