4 weeks 1 day ago
A group of shipping firms warned that the International Maritime Organization’s planned net zero rules risk imposing significant costs on the industry. The IMO, shipping’s global regulator, has set a goal of net zero for shipping by mid-century and next …
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4 weeks 1 day ago
A 74-year-old former postal worker in North Carolina is facing up to five years in prison after pleading guilty to falsifying information about her post-injury employment and costing the federal workers’ compensation program as much as $500,000 in indemnity and …
4 weeks 1 day ago
A South Florida judge cleared a police officer of wrongdoing in the shooting death of a UPS driver who had been taken hostage during a 2019 robbery. Broward Circuit Judge Ernest Kollra ruled that Jose Mateo, who had been charged …
4 weeks 1 day ago
Florida regulators have approved two new homeowner insurance companies, one led by a San Francisco tech entrepreneur and former head of Metromile auto insurance company. “I focus on companies that can successfully use machine learning and statistics to build great …
4 weeks 1 day ago
Rupert Murdoch and News Corp. asked a US judge to throw out President Donald Trump’s $10 billion libel lawsuit over a Wall Street Journal report tying him to a bawdy birthday note to the late Jeffrey Epstein, calling the case …
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4 weeks 1 day ago
A former staff adjuster for a large Florida insurance carrier has been found guilty of defrauding the insurer out of more than $580,000. A federal jury in Orlando last week said James Octavias Tobias Owens, 34, from the Orlando area, …
William Rabb
4 weeks 1 day ago
Neptune Insurance said on Monday it was targeting a valuation of up to $2.76 billion in its U.S. initial public offering, as the IPO market continues to run hot. Some existing shareholders of the flood insurance provider are targeting to …
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4 weeks 1 day ago
Hershey defeated a lawsuit claiming it misled consumers who were disappointed the Halloween-themed Reese’s peanut butter candies they bought lacked the decorative details shown on the labels. U.S. District Judge Melissa Damian ruled on Friday that the plaintiffs did not …
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4 weeks 1 day ago
A Harvard Business School graduate accused of defrauding fellow alumni out of millions of dollars by claiming he could identify where Warren Buffett’s Berkshire Hathaway would invest next has been indicted for fraud, federal prosecutors in Manhattan said. Vladimir Artamonov, …
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4 weeks 1 day ago
Two mutual insurers — Northern Neck Insurance Co. and Frederick Mutual Insurance Co.— have announced they intend to affiliate, pending regulatory approval, in a move to grow across the Mid-Atlantic region. While Northern Neck is acquiring Frederick Mutual, the two …
4 weeks 1 day ago
Courts Joins Alliant Retirement Consulting Adriana Courts joined Alliant Retirement Consulting, a division of Alliant Insurance Services, as vice president. Courts will focus on delivering retirement plan strategies to a client base throughout the Pacific Northwest. Courts has experience managing …
4 weeks 1 day ago
A California couple has been charged for running an insurance fraud scheme where they allegedly stole more than 21 patients’ identities and submitted false insurance claims. Rebecca Juarez, 39, and Juan Pablo Rodriguez, 31, both of Irvine, were arrested on …
1 month ago
Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years—and things are getting worse. For the 14th consecutive year, commercial auto has posted an underwriting loss and has accumulated more than …
1 month ago
New Jersey has enacted new requirements around testing and disclosure of lead in public water systems. The new law (A2929/S1034) requires landlords to report information about the known or potential presence of lead in drinking water to tenants of residential …
1 month ago
Sunnybrook Union, a labor union representing teachers and educational support staff in the Sunnybrook School District in Lansing, Illinois, will pay $110,000 and provide other relief to settle a race discrimination case filed by the U.S. Equal Employment Opportunity Commission …
1 month ago
In the soft dirt of an indoor horseback riding ring last month, a group of farmers got ready to test drive a new piece of equipment: an electric tractor. As they took turns climbing in — some surprised by its …
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1 month ago
Hundreds of flights in and out of Dallas were delayed or canceled Friday as telecommunications equipment issues disrupted one of the nation’s busiest airports, federal officials said The Federal Aviation Administration said it was slowing flights at Dallas Fort Worth …
1 month ago
Veteran benefits consultant Terry Cox has joined Alliant Insurance Services as senior vice president within its employee benefits group. Based in Austin, Texas, Cox will serve a national client base, bringing more than three decades of experience as a provider, …
1 month ago
Emergency workers who responded to Universal Orlando Resort’s newest park for a man who had become unresponsive on a roller coaster originally were told he had lacerations. But when they got to the ride, he wasn’t breathing and eventually died, …
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1 month ago
A North Carolina judge has ordered $50 million be paid to the family of a Charlotte TV station meteorologist who was killed in a helicopter crash three years ago after finding the companies that owned and operated the aircraft liable …