July 23, 2019
Wed, 24 Jul 2019 05:18:06 +0000
J.M. Wilson has promoted Shelly Tucker-Lorenz to surety underwriter in its Carmel, Indiana, office. With this new role, she is responsible for underwriting new and renewal commercial and contract bonds, corresponding with carrier underwriters, and assi...
Wed, 24 Jul 2019 05:08:17 +0000
The U.S. Equal Employment Opportunity Commission (EEOC) has sued the owner of multiple McDonald’s restaurants in Central Florida for violating federal law for refusing to hire a job applicant who would not shave his beard due to his religious beliefs. …
Wed, 24 Jul 2019 05:00:18 +0000
The U.S. Senate voted to replenish a fund that provides lifelong medical help and other compensation for firefighters, police officers and other first responders affected by the Sept. 11 terrorist attacks, sending the long-stalled legislation to Presid...
Wed, 24 Jul 2019 05:00:17 +0000
The widening legal nightmare over Roundup weedkillers isn’t the only potential multi-billion-dollar liability Bayer AG inherited last year when it acquired Monsanto Co. While thousands of damage claims over Roundup have grabbed headlines and hogged the...
Wed, 24 Jul 2019 05:00:16 +0000
California financial advisor Tom Fallon, 65, has been sentenced in Long Beach Superior Court after being convicted in an open plea of 25 criminal counts of money laundering and grand theft. Fallon was sentenced to 10 years and four months …
Wed, 24 Jul 2019 04:41:43 +0000
CSX Corp.’s lax approach to safety caused a fatal collision between a passenger train and one of the company’s parked freight trains last year, U.S. accident investigators concluded Tuesday. The National Transportation Safety Board cited what it called...
Wed, 24 Jul 2019 04:27:33 +0000
In the past five years, all 50 states have experienced some type of flooding. Flooding has led to disasters throughout the decades, and this year, it is expected to become unprecedented yet again. Despite a long history of flood-related disasters …
Tue, 23 Jul 2019 23:01:35 +0000
The California Department of Insurance and the United Nations Environment Program on Tuesday announced the launch of a yearlong effort to develop a “Sustainable Insurance Roadmap” to confront California’s climate risks. Insurance Commissioner Ricardo L...
Tue, 23 Jul 2019 17:59:11 +0000
Next month could be big for California’s cannabis industry. Among legislation introduced last session by state lawmakers was a bill to enable hemp-infused food and beverages to be legally sold by licensed marijuana retailers, and a bill that would enab...
Tue, 23 Jul 2019 16:58:44 +0000
After years of rising death tolls from a surge in drug addiction, Kentucky officials on Thursday reported the first statewide drop in drug overdose deaths since 2013. A new report indicated that 1,333 people died from drug overdoses in 2018, …
Tue, 23 Jul 2019 16:28:53 +0000
Legion Claims Solutions LLC (Legion), a firm specializing in the management of catastrophe insurance claims, environmental/industrial claims, and governmental disaster recovery programs, has opened in Baton Rouge, Louisiana. Seasoned industry professio...
Tue, 23 Jul 2019 15:55:54 +0000
Wisconsin’s chief insurance regulator has approved an overall 8.84% decrease in workers’ compensation premium rates. The new rates approved by Commissioner of Insurance Mark Afable are effective Oct. 1, 2019, and are expected to save Wisconsin business...
Tue, 23 Jul 2019 15:11:03 +0000
A Spokane, Wash.-area woman faces a felony theft charge for allegedly running a construction business while claiming she was too disabled to work. Deborah J. Steeneck, 59, is accused of stealing more than $11,000 in workers’ compensation cash benefits ...
Tue, 23 Jul 2019 15:06:54 +0000
The Trump administration is proposing an ambitious plan to slow Western wildfires by bulldozing, mowing or revegetating large swaths of land along 11,000 miles of terrain in the West. The plan announced this summer would create strips of land known …
Tue, 23 Jul 2019 14:05:46 +0000
The U.S. Federal Trade Commission announced on Monday that Equifax Inc. will pay up to $700 million for a data breach that exposed millions of consumers’ personal information. The following are seven of the largest data breach settlements with the …
Tue, 23 Jul 2019 14:00:42 +0000
Allianz Global Corporate & Specialty has promoted Kelly Castriotta to regional head of Product Development for Financial Lines in North America. Castriotta, an attorney, joined the AGCS Financial Lines team in 2018 and has been helping to manage AGCS’s...
Tue, 23 Jul 2019 13:17:02 +0000
Connecticut Insurance Commissioner Andrew N. Mais is urging homeowners to review their insurance policies before the upcoming tropical storm season. Peak hurricane season in Connecticut begins in mid-August and runs through late October. Mais says poli...
Tue, 23 Jul 2019 13:09:17 +0000
Officials say a worker at a western Pennsylvania resort was injured in a bear attack while guiding a routine “Safari Tour” of wildlife kept at the property. Nemacolin Woodlands Resort says the Himalayan bear reached through a wire fence Saturday …
Tue, 23 Jul 2019 12:59:35 +0000
A compensation program for those exposed to radiation from years of nuclear weapons testing and uranium mining would be expanded under legislation that seeks to address fallout across the western United States, Guam and the Northern Mariana Islands. U....
Tue, 23 Jul 2019 12:52:39 +0000
Philadelphia Energy Solutions filed for Chapter 11 bankruptcy protection, the company said on Monday, its second such filing in less than two years, after a fire last month prompted it to close the largest refinery on the U.S. East Coast. …
Tue, 23 Jul 2019 12:25:32 +0000
The Travelers Companies managed to boost its net income to $557 million for the second quarter, six percent more than the $524 million in the prior year quarter. The insurer reported lower catastrophe losses and higher net investment income, partially …
Tue, 23 Jul 2019 11:26:09 +0000
The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc. as early as this week of its investigation into the social media company’s handling of user data, two sources briefed on the matter …
Tue, 23 Jul 2019 11:17:18 +0000
Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law during a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that was nonetheless criticized by consumer advocates and …
Tue, 23 Jul 2019 11:01:02 +0000
Lloyd’s of London insurer Beazley Plc said on Tuesday its first-half earnings nearly tripled from last year, as it wrote more policies at higher rates and said it expects double-digit premium growth over the year. While the industry has struggled …
Tue, 23 Jul 2019 07:00:15 +0000
Authorities in central China said Sunday the death toll in a gas plant explosion has risen to 15 with another 15 seriously injured. Three people who were previously missing have been found dead, said local authorities. About 270 firefighters and …
Tue, 23 Jul 2019 06:50:33 +0000
Authorities are investigating why a driverless bus struck a pedestrian in Vienna, an incident that resulted in minor injuries but stopped Austrian trials of the technology. The Navya SAS vehicle was driving at 12 kilometers (7.5 miles) an hour on …
Tue, 23 Jul 2019 06:45:20 +0000
UK lawyers with lucrative careers in European Union law are fighting to save their jobs after the bloc’s top courts warned that a no-deal Brexit would forbid them from representing clients. In an April letter, a senior official at the …
Tue, 23 Jul 2019 06:45:13 +0000
Britain has kicked off a review of how regulation of finance could be improved after Brexit, saying it would not tweak the existing set-up of watchdogs introduced in the aftermath of the financial crisis a decade ago. The European Union …
Tue, 23 Jul 2019 06:35:01 +0000
A North Carolina seafood company has been charged with selling almost 200,000 pounds of foreign crab meat falsely labeled as domestic Atlantic blue crab for $4 million. Charges filed last month by the U.S. Attorney in the Eastern District of …
Tue, 23 Jul 2019 06:30:12 +0000
Europe is facing a second heatwave this summer, just weeks after the hottest June on record, intensifying concern over climate change and the rise in extreme weather events. Swathes of northwest Europe will struggle to remain cool as a blast …