November 30, 2021

Tue, 30 Nov 2021 14:00:48 +0000
A firefighter in Delaware is accusing the Wilmington Fire Department of years of racial and religious discrimination that he says created a hostile work environment. The News Journal reported that the lawsuit was filed in federal court by veteran firef...
Tue, 30 Nov 2021 13:58:34 +0000
Applied Specialty Underwriters has launched a new infrastructure and construction practice and named Christopher Day as president. Additionally, John Schlosser has been named to lead the infrastructure underwriting section. The newly formed practice wi...
Tue, 30 Nov 2021 13:53:47 +0000
Delaware Insurance Commissioner Trinidad Navarro announced that workers’ compensation insurance rates in the state will decrease for the fifth year in a row, effective December 1, 2021. The voluntary market is seeing another double-digit decrease in vo...
Tue, 30 Nov 2021 13:48:18 +0000
This edition of International People Moves details appointments at the insurer QBE Canada and brokers Amwins Global Risks and Ardonagh Group. A summary of these appointments follows here. QBE Appoints Liberty Mutual’s Hunter as Director of Canada QBE h...
Tue, 30 Nov 2021 12:55:48 +0000
China’s banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step up supervision, limit holdings of non-core units and regulate their investments in other companies. The move is aimed...
Tue, 30 Nov 2021 12:12:42 +0000
Convex Group Ltd. announced that Convex Insurance UK Ltd. (CIL) and Convex Reinsurance Ltd. (CRL) have received approval from the National Association of Insurance Commissioners and the California Department of Insurance to operate as a reciprocal juri...
Tue, 30 Nov 2021 12:04:44 +0000
Bain Capital has made a final pitch to members of British insurer LV= to back its takeover bid, after a lengthy sale process that’s drawn a dozen offers as well as political heat about preserving mutual firms. The deal will …
Tue, 30 Nov 2021 09:47:05 +0000
BEIJING – China outlined new rules on Tuesday to safeguard the rights of drivers in its giant ride-hailing industry, requiring operators of the services to provide them with social insurance and make their earnings public. In a statement, the transpo...
Tue, 30 Nov 2021 09:14:50 +0000
Westpac Banking Corp. agreed to pay A$113 million ($80.6 million) in penalties after the Australian regulator alleged the lender had widespread compliance failures that included charging dead people. The case includes a claim that Westpac charged more ...
Tue, 30 Nov 2021 08:50:03 +0000
The controlling shareholders of Thai insurer Syn Mun Kong Insurance Pcl are exploring the sale of a majority stake in the firm and have picked several strategic players to advance into the next round of bidding, according to people familiar …
Tue, 30 Nov 2021 06:23:28 +0000
Charlotte-based Insurance broker McGriff, a subsidiary of Truist Holdings, announced the promotion of two long-time officers. Crystal Sanderson, now senior vice president and director of McGriff’s sales center, will become practice leader for national ...
Tue, 30 Nov 2021 06:16:20 +0000
Two Southern states have taken steps to provide improved benefits for first responders who suffer from mental conditions and from cancers that may be linked to workplace hazards. In North Carolina, lawmakers approved a state budget that includes a supp...
Tue, 30 Nov 2021 06:00:36 +0000
A group of former Google employees sued the Alphabet Inc. unit on Monday alleging that it breached their employment contracts by not honoring its famous motto “don’t be evil.” In the lawsuit filed in California state court in Santa Clara …
Tue, 30 Nov 2021 06:00:28 +0000
While a Cleveland jury concluded Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. exacerbated Ohio’s opioid epidemic with lax oversight of prescription painkillers, the verdict may not survive on appeal, according to legal experts. The ...
Tue, 30 Nov 2021 06:00:18 +0000
Ever heard of a gram shop law? It’s a thing, and if you’re an insurance broker in Michigan focused on the cannabis space, then you and your clients are well aware of the term. The law, signed by Gov. Gretchen …
Tue, 30 Nov 2021 06:00:03 +0000
After his local library had to shut down because of a ransomware attack, Indiana state Rep. Mike Karickhoff realized the state didn’t know much about the frequency of such security breaches. Spurred by similar crimes across Indiana last year, he …
Mon, 29 Nov 2021 17:55:12 +0000
A Florida Senate committee has drafted a bill that would extend health care providers’ COVID-19 liability protection for another 14 months. The Legislature in 2021 created the lawsuit protections for doctors, hospitals, nursing homes and others, but th...
Mon, 29 Nov 2021 15:54:07 +0000
A marijuana testing lab filed a lawsuit against Michigan regulators after a major product recall and allegations of unreliable results. Viridis Laboratories, with operations in Lansing and Bay City, said the “unjustified” recall last week caused an est...
Mon, 29 Nov 2021 15:51:22 +0000
Fire officials in Delaware are investigating a fire that damaged a restaurant in Newark. The Delaware State Fire Marshal’s Office is investigating after the fire at Miller’s Ale House at Center Pointe Plaza, WDEL-FM reported. Firefighters were called t...
Mon, 29 Nov 2021 15:51:20 +0000
The Oklahoma Supreme Court ruled last week that an earth-movement exclusion precludes insurance coverage for an oil and gas company facing several lawsuits accusing its operations of causing earthquakes. National American Insurance Company brought suit...
Mon, 29 Nov 2021 15:47:31 +0000
Proposed regulations of autocycles will be on the schedule when Massachusetts state lawmakers hold a virtual public hearing Tuesday. An autocycle is a three-wheeled motor vehicle that meets federal safety standards for a motorcycle. Unlike motorcycles,...
Mon, 29 Nov 2021 15:31:10 +0000
The former owner of West Suburban Medical Center, an Oak Park, Illinois hospital will pay $150,000 to settle a disability discrimination lawsuit brought by the Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to t...
Mon, 29 Nov 2021 15:27:48 +0000
The United States is unlikely to impose further restrictions amid the anticipated arrival of the Omicron COVID-19 variant, the nation’s top infectious disease official said on Monday after a travel ban on some southern African nations began. Dr. Anthon...
Mon, 29 Nov 2021 15:24:55 +0000
The NFL and Rams owner Stan Kroenke will pay $790 million to settle a lawsuit filed by St. Louis interests over the team’s relocation to Los Angeles, a joint statement from St. Louis city and county said last week. No …
Mon, 29 Nov 2021 15:17:46 +0000
California regulators haven’t approved permits for the controversial oil and gas extraction process known as fracking since February, effectively phasing out the process ahead of Gov. Gavin Newsom’s 2024 deadline to end it. The state’s Geologic Energy ...
Mon, 29 Nov 2021 15:14:51 +0000
AT&T’s Pac Bell subsidiary has settled a lawsuit conservationists filed under a U.S. law more typically cited in Superfund cases, agreeing to spend up to $1.5 million to remove 8 miles of toxic telephone cables that were abandoned on the …
Mon, 29 Nov 2021 15:10:35 +0000
A food distributor in Hawaii has filed a federal lawsuit against a dairy company because milk from the mainland is allegedly being sold under a name that advertises local ties. The lawsuit filed by Hawaii Foodservice Alliance claims Meadow Gold …
Mon, 29 Nov 2021 15:02:33 +0000
Maryland’s attorney general filed a lawsuit Tuesday against chemical company Monsanto and two spinoffs, alleging that chemicals Monsanto manufactured harmed the state’s waters, fish and wildlife and seeking to recover damages and clean-up costs. The la...
Mon, 29 Nov 2021 15:00:19 +0000
The Allstate Corp. announced it has reached an agreement to sell the property making up the majority of its campus in Northbrook, Illinois, to Dermody Properties for approximately $232 million. The sale is expected to close in 2022. Allstate has …
Mon, 29 Nov 2021 14:17:49 +0000
Universal Holdings, parent company of Universal Property and Casualty Insurance Co., Florida’s largest private P&C carrier, announced it had placed $100 million in notes to aid in future growth plans. The oversubscribed private placement was for 5.625%...