Insurance Journal
NEW ORLEANS (AP) – A lawsuit by environmentalists seeking to block the 2021 sale of Gulf of Mexico oil and gas leases auctioned off by the federal government was rejected by a federal appeals court in Washington. Energy companies including R...
Posted: May 01, 2023
Mercy Health St. Mary’s, a Grand Rapids hospital and member of the Trinity Health system, violated federal law when it failed to provide a religious accommodation to an applicant and declined to hire him because of his religious beliefs, the &#...
Posted: May 01, 2023
OSKALOOSA, Kan. (AP) – A Kansas man who spent 16 years in prison for a rape and murder he didn’t commit will receive $7.5 million from the county where he was arrested and convicted of the crime. Jefferson County commissioners …
Posted: May 01, 2023
COLUMBUS, Ohio (AP) – Part of a house collapsed and 14 people were injured near The Ohio State University Saturday evening when people climbed onto a roof that was not designed to hold significant weight, authorities said. Columbus Division of...
Posted: May 01, 2023
An oil tanker seized by Iran on Thursday was carrying Kuwaiti crude and had a crew of 24 Indians, according to the operator. The US has demanded the immediate release of the the Marshall Islands-flagged Advantage Sweet, which was travelling …
Posted: May 01, 2023
Group of Seven advanced nations should adopt “risk-based” regulation on artificial intelligence, their digital ministers agreed on Sunday, as European lawmakers hurry to introduce an AI Act to enforce rules on emerging tools such as ChatG...
Posted: May 01, 2023
A former gynecologist at the University of California, Los Angeles was sentenced Wednesday to 11 years in prison for sexually abusing female patients, in a criminal trial that came after the university system made nearly $700 million in lawsuit payou...
Posted: May 01, 2023
Research on a flat spot for air evacuations. Talk of old-style civil defense sirens to warn of fast-moving wildfires. Hundreds of urban firefighters training in wildland firefighting techniques while snow still blankets the ground. This is the new re...
Posted: May 01, 2023
A federal jury has awarded $10 million to the family of a man fatally shot by a Southern California sheriff’s sergeant who was trying to arrest him for attempting to attack people with a club and baseball bat seven years …
Posted: May 01, 2023
More than a year after OxyContin maker Purdue Pharma reached a tentative settlement over the toll of opioids that was accepted nearly universally by the groups suing the company – including thousands of people injured by the drug – money...
Posted: May 01, 2023
Adidas AG was sued by investors who claim the German sports giant knew about risks of its partnership with the rapper known as Ye long before his anti-Semitic comments were made public. Adidas in October cut ties with Ye, formerly …
Posted: May 01, 2023
The U.S. Treasury Department is encouraged that First Republic Bank was resolved with the least cost to the Deposit Insurance Fund, and believes the U.S. banking system remains sound and resilient, a Treasury spokesperson said early Monday. U.S. regu...
Posted: May 01, 2023
The Occupational Safety and Health Administration (OSHA) reports it has found that giant online retailer Amazon failed to provide adequate medical treatment for traumatic and chronic injuries at a fulfillment center in Castleton, New York. OSHA alleg...
Posted: May 01, 2023
Toyota Motor Corp. affiliate Daihatsu rigged part of the door in side-collision safety tests carried out for some 88,000 small cars, most of which were sold under the Toyota brand, the companies said on Friday. They said the door trim …
Posted: May 01, 2023
May 1, 2023, Austin, TX – The National Alliance for Insurance Education & Research announces a transformative learning subscription to help insurance professionals earn quality continuing education (CE) credits and complete new employee onb...
Posted: May 01, 2023
A victim of Jeffrey Epstein asked a judge to let her represent more than 100 other women in a lawsuit alleging that JPMorgan Chase & Co. facilitated their abuse by the late financier. A second victim filed an almost identical …
Posted: May 01, 2023
Executives will face bonus cuts if the companies they run fail to hit climate transition targets, under a new European Union proposal that greatly expands the range of levers regulators can draw on to meet terms of the Paris Agreement. …
Posted: May 01, 2023
Maine environmental regulators have asked a railroad cleaning up a freight train derailment site to repair forest management roads and culverts damaged by heavy equipment and that led to the discharge of sediment into area waters. State Department of...
Posted: May 01, 2023
Maine environmental regulators have asked a railroad cleaning up a freight train derailment site to repair forest management roads and culverts damaged by heavy equipment and that led to the discharge of sediment into area waters. State Department of...
Posted: May 01, 2023
A former chief financial officer of multiple special purpose acquisition companies (SPACs) was sentenced to three years in prison for embezzling more than $5 million from them, and losing almost all of it trading meme stocks and cryptocurrencies. Coo...
Posted: May 01, 2023
This post is part of a series sponsored by InsurBanc. I reflected on a statement from a recent article on the impact of rising interest rates on agency merger and acquisition activity, particularly with private equity-backed brokers. I stated, “...
Posted: May 01, 2023
JPMorgan Chase & Co. said on Monday it will buy most of First Republic Bank after U.S. regulators seized the troubled bank over the weekend, marking the third major U.S. lender to fail in two months. As part of the …
Posted: May 01, 2023
US regulators were rushing to resolve the First Republic Bank crisis Sunday after a midday deadline passed for submitting final bids to take over the struggling lender. The Federal Deposit Insurance Corp. had asked banks including JPMorgan Chase &...
Posted: May 01, 2023
Jamie Dimon’s JPMorgan Chase & Co. emerged as the winner of a weekend auction of First Republic Bank, in a deal that is meant to draw a line under a recent banking crisis but comes at the cost of making …
Posted: May 01, 2023
A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender’s executives for allegedly hiding risks that led to its stunning downfall, legal experts said....
Posted: May 01, 2023