Insurance
American Airlines to Pay $200K for Discrimination Against Worker With Blindness
American Airlines will pay $200,000 to settle a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’S lawsuit, American Airlines failed to provide a reasonable accommodation to an employee …
Read More Sentry’s Dairyland to Return $30 Million to Florida Auto Insureds
Auto insurer Dairyland announced that it will return $30 million in savings to eligible Florida private passenger automobile policyholders through a one-time dividend. The insurer is crediting legal system changes signed into law in 2023 and “improved market stability” for …
Read More KKR Scores Windfall in $17 Billion Sale of USI Insurance
KKR & Co. is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to Aon Plc for $17 billion, a significant exit for a unit that’s invested its balance sheet in long-term private equity …
Read More Wildfire Risks in California and Oregon Worsened by Strong Winds
Northern California and southern Oregon are under red flag fire warnings, as the threat posed by tinderbox conditions is compounded by strong winds. National Weather Service warnings are in place from noon to 8 p.m. local time, while the U.S. …
Read More US Expanding Long-Range Commercial Drone Testing Program
The US government is expanding a program for testing out drones in real-world scenarios, focusing on more advanced use cases involving larger unmanned systems, higher altitudes and longer distances. The Transportation Department and Federal Aviation Administration said Aug. 27 that …
Read More Polish Intelligence Probes Fire at Top Drone Firm WB Electronics
Poland’s security services are investigating whether a fire at a facility belonging to the country’s largest drone producer WB Electronics SA was an act of sabotage. The fire at the facility, which produces drone components, broke out shortly after midnight, …
Read More Trump Loses Bid to Move NY Hush Money Case to Federal Court
Donald Trump lost another bid to move a challenge to his New York criminal fraud conviction to a federal court as a judge said that payments to an adult film star don’t constitute an official act that would be covered …
Read More FTC Probing YouTube Over Social Media Policies
The US Federal Trade Commission has been investigating whether Alphabet Inc.’s YouTube violated consumer protection laws when it suspended the accounts of users, according to people familiar with the probe. The antitrust and consumer protection agency has been probing YouTube …
Read More Brightline Lands $350 Million Assured Loan in Case of Bankruptcy
Brightline has reached a deal with municipal-bond insurer Assured Guaranty Ltd. that would provide the debt-laden Florida railroad with at least $350 million in new loans if it heads into Chapter 11 bankruptcy, according to people familiar with the matter. …
Read More Arbella Opens Commercial Lines Office in New Hampshire
Quincy, Massachusetts-based Arbella Insurance Group has opened a Bedford, New Hampshire commercial lines office. The Bedford office gives Arbella its first official brick-and-mortar presence in the state, which the insurer says reflects the company’s growing New Hampshire business and its …
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