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Updated: 38 weeks 3 days ago

Maine Marketing Firm Settles Lawsuit with Employee Claiming She Was Drugged

Mon, 03/18/2019 - 8:20am
A Maine marketing firm has settled a lawsuit with a former employee who claimed she was drugged at a company party and fired after requesting accommodations to recover. The Portland Press Herald reports an attorney for Trueline Publishing told the …
Categories: Insurance

Gas Refineries Pay Vermont Settlement Over Fuel Additive

Mon, 03/18/2019 - 8:14am
The Vermont attorney general’s office says more than two dozen of the country’s biggest gasoline refiners, including ExxonMobil and Shell Oil Company, are paying a $3.8 million settlement over the use of the gasoline additive that the state alleged caused …
Categories: Insurance

In Fatberg Fight, New York Goes to War Against Flushable Wipes

Mon, 03/18/2019 - 8:06am
One of humanity’s most private and pervasive hygiene habits is changing. And Sal Scapelito’s job is a sign that the trend may not be sustainable. Every two minutes, the 31-year-old sewage treatment worker cleans off a five-foot-wide device designed to …
Categories: Insurance

Aon’s New Ventures Group Focuses on Intellectual Property with Cochrane Named COO

Mon, 03/18/2019 - 8:06am
Aon’s New Ventures Group (NVG), which was formed in October 2018 to accelerate Aon’s investment in innovative new solutions, is focusing its first efforts on intellectual property in order to help clients manage their intangible assets. NVG is formally sponsoring …
Categories: Insurance

Real Life Examples Show Why Businesses Must Boost Their Cyber Defenses

Mon, 03/18/2019 - 7:24am
When cyber thieves attacked Empire Industries’ computer network, technology manager Rich Shemanskis could see files in the process of being infected by malicious software. “We were looking at the network, and I noticed it, and another guy noticed it. We’re …
Categories: Insurance

Tropical Cyclone Idai Devastates Mozambique, Zimbabwe with at Least 166 Deaths

Mon, 03/18/2019 - 6:57am
A tropical cyclone killed at least 166 people in Mozambique and Zimbabwe, destroying roads and bridges and curbing electricity exports to neighboring South Africa. The death toll has risen sharply since Tropical Cyclone Idai made landfall almost directly over the …
Categories: Insurance

BHSI Launches Professional Liability Cover for Asset Managers and Funds in UK, Ireland

Mon, 03/18/2019 - 6:03am
Berkshire Hathaway Specialty Insurance (BHSI) has launched Professional First Asset Management Liability Insurance, which provides broad professional liability, directors & officers liability, and crime coverage tailored for investment managers and funds in the UK and Ireland. “Highly volatile investment and …
Categories: Insurance

CBS Settles $1.25M Investor Lawsuit over ‘Improper’ Redstone Compensation

Mon, 03/18/2019 - 5:32am
CBS Corp. directors agreed to settle for $1.25 million investors’ claims that network owner Sumner Redstone received millions of dollars in improper compensation after he became incapacitated in 2014. The money — coming from insurance covering CBS’s officers and directors …
Categories: Insurance

Black Boxes Show Ethiopian Airlines, Lion Air Disasters Were Similar, Says Ethiopia

Mon, 03/18/2019 - 5:02am
The crash of an Ethiopian Airlines plane that killed 157 people had “clear similarities” with October’s Lion Air crash, Ethiopia said on Sunday, shown by initial analysis of the black boxes recovered from the wreckage of the March 10 disaster. …
Categories: Insurance

Allianz Explores Deal with Deutsche Bank’s Asset Management Arm: Sources

Mon, 03/18/2019 - 4:33am
Allianz SE is exploring the possibility of a combination of its asset management arm with Deutsche Bank AG’s DWS Group to create a national champion in active money management, according to people familiar with the matter. The Munich-based insurer is …
Categories: Insurance

Berkshire Hathaway’s Vice Chairmen Jain, Abel Each Made $18 Million in 2018

Mon, 03/18/2019 - 4:17am
Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed look at the pay of the men considered the leading candidates to succeed …
Categories: Insurance

How Laws Will Tell Humans From Robots Is No Joke: Viewpoint

Mon, 03/18/2019 - 12:00am
There’s a lot of loose talk about convergence between people and robots. As some see it, the rise of artificial intelligence will make humans obsolete — or at least force people to think more like machines. Whether this prophecy should …
Categories: Insurance

TriSure Corp. of North Carolina Acquired by Alera Group

Sun, 03/17/2019 - 11:56pm
TriSure Corporation has been acquired by Alera Group, a national insurance firm, effective March 1, 2019. Terms of the transaction were not announced. With over 1,500 employees in more than 70 locations across the nation, Alera Group offers employee benefits, …
Categories: Insurance

Blankenship Files $12B Suit Against Media Over Failed W. Virginia Senate Bid

Sun, 03/17/2019 - 11:45pm
Former coal baron Don Blankenship is suing several news outlets and media personalities, claiming he was defamed during his failed bid for a U.S. senate seat in West Virginia. Blankenship’s suit was filed Thursday in Mingo County, West Virginia. It …
Categories: Insurance

Alabama Tornadoes Caused Nearly $6M in Timber Losses

Sun, 03/17/2019 - 11:20pm
The Alabama Forestry Commission estimates timber losses caused by deadly tornadoes on March 3 at nearly $5.9 million. That’s almost $1,000 per acre of timberland damaged by two or three tornadoes in Macon, Lee and Barbour counties. A report posted …
Categories: Insurance

West Virginia Pipeline Firm Ordered to Pay $3.7M in Overtime Violations

Sun, 03/17/2019 - 11:13pm
A natural gas pipeline construction management company has been ordered to pay $3.7 million in back wages and damages to safety inspectors for failing to pay overtime wages. The U.S. Labor Department says in a news release Team Environmental LLC …
Categories: Insurance

More Tornadoes Hit Southeast, Cause Damage in Kentucky, Alabama

Sun, 03/17/2019 - 11:04pm
The National Weather Service has confirmed at least six tornados hit Alabama on Thursday. The National Weather Service in Birmingham on Saturday posted ongoing damage survey reports. The number of confirmed tornados could increase as survey crews finish reviewing suspected …
Categories: Insurance

Online Flood Insurer Neptune Expands Coverage to 6 New States

Fri, 03/15/2019 - 11:59am
Neptune Flood, an all-digital online flood insurance company, has expanded its coverage to residents of Missouri, Colorado, New Hampshire, Rhode Island, West Virginia, and Indiana – bringing the total number of states with access to its flood protection to 27. …
Categories: Insurance

Florida Lawmakers Repeal Ban on Smokable Medical Marijuana

Fri, 03/15/2019 - 11:55am
The Florida Legislature met Republican Gov. Ron DeSantis’ deadline to hand him a bill to repeal the state’s ban on smokable medical marijuana when the House passed the legislation Wednesday. While lawmakers aren’t necessarily in favor of allowing medical marijuana …
Categories: Insurance

FEMA to Review Flood Damage in 54 Tennessee Counties

Fri, 03/15/2019 - 11:41am
Federal Emergency Management Agency officials are scheduled to conduct preliminary damage assessments in 54 Tennessee counties affected by flooding caused by a deluge in February. The Tennessee Emergency Management Agency says four weather-related deaths have been recorded after heavy rainfall …
Categories: Insurance