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INSURANCE NEWS
Walmart to Pay $230K in Illinois Disability Hiring Discrimination Settlement
Walmart agreed to pay $230,000 and furnish other relief to settle a disability hiring discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s suit, a deaf applicant applied online for …
Oil Tankers Transiting Strait of Hormuz Since Start of Iran War
The U.S. has maintained a blockade of Iranian ports, while Iran lifted and then reimposed its own blockade on marine traffic passing through the Strait of Hormuz, which typically handles roughly one-fifth of the world’s oil supply. Here’s a look …
Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower
PIMCO and Legal & General Group Plc have been accused of placing “undue pressure” on property valuers in a bitter scrap over the future of a famous Brussels skyscraper whose owner has collapsed into insolvency. The owner of The Finance …
Women’s Board Representation Slips Below 30% as Momentum Stalls
he share of women on the boards of mid-sized and large public companies dipped below 30% in the first quarter, missing that threshold for the first time since 2024, and down from a peak of 30.4% a year ago. In …
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in …
Georgia Insurance Agent Kept Comp Premiums, Gave Fake COIs, Board Says
A Georgia insurance agent whose license expired a year ago has been charged with diverting workers’ compensation premiums from businesses and providing falsified certificates of insurance. Lucy Margarita Suarez, 33, of Dalton, Georgia, was arrested in Miami and returned to …
NH House Passes Self-Insurance for Childcare, Behavioral Health Businesses
On the last day to vote on bills, the New Hampshire House of Representatives passed a bill aimed at reducing liability insurance costs for care professionals. Senate Bill 614 establishes “multiple-caregiver self-insured risk coverage arrangements” for childcare, day care, foster …
Finland’s First Drone Scare Near Helsinki Disrupts Flights
Finland warned the public of drones possibly entering its airspace, for the first time near Helsinki, in the early hours of Friday. Flights were disrupted at the country’s biggest airport, Helsinki-Vantaa, and about 1.8 million residents of southern Finland were …
Stomach Bugs, Not Hantavirus, Are the Bigger Threat on Cruises
Stomach bugs on cruise ships recently hit a nearly two-decade high as more people than ever board the vessels, underscoring how easily viruses spread on contained voyages. While cruises are in a global spotlight after a rare hantavirus outbreak killed …
Iran’s Threats to Hormuz Undersea Cables Highlight Vulnerabilites of Data Chokepoints
Early this week, Iranian state-linked media floated a plan to charge the operators of undersea internet cables in the Strait of Hormuz for access to what they say is Iran’s offshore territory. The suggestion comes after Iranian warnings that several …
City of Austin to Pay $35M to Men Wrongly Accused in Yogurt Shop Murders
The city of Austin will pay $35 million to three men and the family of a fourth who were wrongly accused of the 1991 rape and murder of four teenage girls at a yogurt shop, a case that initially sent …
Illinois Man Receives $300K Settlement From Dog Attack
An Illinois man who suffered severe injuries to his hand and fingers in a dog attack received a $300,000 settlement, the law firm John J. Malm & Associates said. The man attacked by two pit bulls while taking his German …
