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INSURANCE NEWS
Ohio Sues Contractor for Incomplete Home Improvement
Ohio Attorney General Dave Yost is suing a Mahoning Valley contractor who allegedly performed substandard home-improvement work or failed to complete the upgrades after accepting large down payments from customers. “This contractor pocketed down payments only to abandon the projects,” …
Biggest Diesel Shock Since 2022 Deals Another Blow to US Farmers
While US farmers brace for higher fertilizer and chemical bills tied to turmoil in the Middle East, another expense is already taking a bite out of razor-thin margins: diesel fuel. Prices for the fuel that powers tractors, combines and grain …
Corpus Christi Delays Decision on Billion-Dollar Water Plant
A bitterly divided Corpus Christi City Council voted early Wednesday morning to delay a decision on reviving an almost billion-dollar water plant it had rejected nine months earlier. The 7-2 vote came at 2:20 a.m., almost 15 hours into a …
Southern Poverty Law Center Seeks Dismissal of ‘Vindictive’ Indictment
A Justice Department indictment against the Southern Poverty Law Center is part of a “top-down” campaign of retribution against President Donald Trump’s perceived political enemies and constitutes a vindictive prosecution that must be dismissed, lawyers for the nonprofit argued Tuesday …
Deadly Screwworm Parasite Found in US Threatens Cattle Herd
A deadly cattle parasite was confirmed in the US for the first time in nearly a decade, posing the latest threat to a US herd already at its lowest level in 75 years. The US Department of Agriculture confirmed late …
Beware Business IT Consultant Who Secretly Installs Remote Access to Network
A Connecticut information technology consultant has pleaded guilty to fraud stemming from a computer intrusion scheme that cost a small business, according to federal prosecutors. Billie Conley, Jr., formerly of Shelton, pleaded guilty in federal court in New Haven to …
Zurich Insurance Expands Data-Center Offering Beyond the US
Zurich Insurance Group Plc is widening its offering for data-center projects to Europe and South America as it seeks to profit from the global buildout of infrastructure linked to artificial intelligence. The Swiss firm will insure risks associated with the …
Tesla Settles Some Worker Racism Claims From California Plant
Tesla Inc. reached an agreement to settle several workers’ claims alleging pervasive anti-Black racism at one of its California plants, while the company still faces a jury trial in a broader case brought by the state’s civil rights enforcement agency. …
EU, US Committed to Complying With Trade Deal, Says US Trade Chief
Both the European Union and the United States are committed to complying with their trade agreement, U.S. Trade Representative Jamieson Greer said June 3 after broad new tariff threats over forced labor rankled Washington’s trade partners. After the two sides …
Meteor Caused Speculation Across New England But No Damage or Injuries
When the double boom rang out in New England over the weekend, shaking homes and sending pets fleeing, questions started flooding social media. “Did anyone else hear that boom?” “Anyone feel that?” NASA let people know over the weekend that …
People Moves: HDI Global Names Hunt as CEO of UK & Ireland Business; Hamilton Global Specialty Taps Chubb’s Keaney to Lead New Private Clients Business
This edition of International People Moves details appointments at the insurers HDI Global and Hamilton Global Specialty. A summary of these new hires follows here. HDI Global Names Hunt as CEO of UK & Ireland Business Corporate and specialty insurer …
WTW Gets Approval to Operate Investment Business in Dubai Int’l Financial Centre
Insurance broker WTW announced it has received approval from the Dubai Financial Services Authority (DFSA) for a license to operate as WTW Investments (DIFC) Ltd. within the Dubai International Financial Centre (DIFC). WTW said the approval marks a significant milestone …
