1 month 1 week ago
American Multi-Cinema (AMC), a nationwide movie theatre chain, violated federal law when it forced an employee with a disability to leave his job, the Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. According to the lawsuit, AMC, at its …
1 month 1 week ago
The Hawaii Employers’ Mutual Insurance Company Inc. board of directors declared a $5 million dividend for qualifying policyholders. It is the second consecutive year HEMIC issued a dividend this level. HEMIC will have returned more than $58 million in dividends …
1 month 1 week ago
A federal judge has blocked the Trump administration’s attempt to subpoena medical records of transgender patients who received gender-affirming care at Boston Children’s Hospital. In a ruling on Tuesday, U.S. District Judge Myong Joun said the administrative subpoena served by …
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1 month 1 week ago
Insurance companies licensed to write auto liability coverage in Missouri will soon need to register with the state’s new uninsured motorist program. The Missouri Insurance Verification System (MOIVS) will include real-time insurance verification, ongoing compliance monitoring, and a pre-trial diversion …
1 month 1 week ago
New Century Insurance Company, a property and casualty insurer licensed only in Texas, was placed in receivership receivership and ordered into liquidation by the Travis County District Court in Austin on Sept. 3, according to the Texas Department of Insurance. …
1 month 1 week ago
Direct written premiums saw double-digit growth for the seventh straight year for U.S. excess and surplus (E&S) insurers, according to Fitch Ratings’ latest annual property/casualty market review. Per a Fitch press release, U.S. E&S direct written premiums grew by 11% …
1 month 1 week ago
California Attorney General Rob Bonta filed an amicus brief in the U.S. Court of Appeals for the Fourth Circuit in support urging the court to affirm an employee’s right to sue Liberty University for sex-based discrimination. The brief, filed as …
1 month 1 week ago
Allied Stone Inc., a Dallas, Texas-based supplier of countertop and cabinetry products, and its President, Jia “Jerry” Lim, have agreed to pay a total of $12.4 million to resolve allegations that they violated the False Claims Act by knowingly and …
1 month 1 week ago
A Wisconsin driver involved in a traffic crash last week that killed two Marquette University lacrosse players was drunk at the time, authorities alleged Wednesday in charging her with vehicular homicide. Amandria Brunner, 41, of West Allis, faces two counts …
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1 month 1 week ago
Consilium, the London-based speciality re/insurance wholesale broker, announced the expansion of its international footprint with the opening of a new hub in Kingston, Jamaica (subject to regulatory approval). Max Pragnell has been appointed as managing partner to lead the office. …
1 month 1 week ago
It’s the statistical peak of Atlantic hurricane season, and there isn’t a storm in sight — for now. September’s second week is usually when the season gets into full swing, as warm ocean waters fuel dangerous winds and coastal communities …
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1 month 1 week ago
The US will urge its allies in the Group of Seven to impose tariffs as high as 100% on China and India for their purchases of Russian oil in an effort to convince President Vladimir Putin to end his war …
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1 month 1 week ago
Last week, Gov. Patrick Morrisey announced that the state had finalized its $1.2 billion plan to bring high-speed broadband to homes and businesses in the state. “We are excited about the opportunity to bring broadband to every corner of our …
1 month 1 week ago
Federal investigators have zeroed in on flaws in the pool deck as the preliminary cause of the 2021 collapse of a 12-story Florida beachfront condominium that killed 98 people. The National Institute of Standards and Technology said in a report …
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1 month 1 week ago
A day after SageSure announced plans to acquire Florida-based Olympus Insurance, a financial rating firm said it has some concerns. KBRA, the Kroll Bond Rating Agency, issued a notice Thursday that it has placed Olympus’ “BBB+” financial strength rating on …
1 month 1 week ago
Kellen Cloud’s line of work has always been dangerous. For the better part of the past two decades, Cloud has worked at Green Mountain Flagging, a company that stations traffic controllers at construction sites around the state. He recalled when …
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1 month 1 week ago
Two years ago, extreme rainfall inundated Hong Kong, turning roads into raging rapids, submerging cars and flooding malls, making it one of the city’s most costly weather events ever. When another round of record-breaking rains drenched the city last month, …
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1 month 1 week ago
Nearly 75% of recent and prospective buyers believe that homeowners’ insurance could become unaffordable, according to a new Realtor.com survey. Eighty-eight percent of those surveyed believe they will pay more for homeowners’ insurance in the future, and 42% have already …
1 month 1 week ago
Uber Technologies Inc. was sued by the US Justice Department over claims that the ride-sharing giant discriminates against people with physical disabilities in violation of federal law. The department’s civil rights division alleged in a complaint filed Thursday in federal …
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1 month 1 week ago
Fallout from last week’s unprecedented immigration raid at a Georgia battery plant run by two South Korean firms is reverberating across the industry, highlighting risks to the billions of dollars the Asian nation has invested in America’s clean energy push. …
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