Insurance
Google Monopolized Search Through Illegal Deals, Judge Rules
Google illegally monopolized the search market through exclusive deals, a judge ruled Monday, handing the government a win in its first major antitrust case against a tech giant in more than two decades. Judge Amit Mehta in Washington said that …
Read More Hurricane Debby Brings Six Deaths, Widespread Flood Losses in Florida, Georgia, SC
Hurricane Debby left at least six people dead Monday along with widespread flooding in the same parts of Florida and Georgia that were swamped by Hurricane Idalia less than a year ago. Debby made landfall near Steinhatchee, in the Big …
Read More California’s Park Fire Continues to Slowly Grow to 647 Square Miles
The Park Fire continues to slowly grow to 647 square miles, as thousands of firefighters continue to work to gain more control over the Northern California blaze, which is now the state’s fourth largest on record. The fire runs across …
Read More Two More Wirecard Executives Charged in Germany Over Accounting Scandal
German prosecutors have charged another two former Wirecard executives, according to a statement from their Munich office on Tuesday, casting their net wider in investigations into one of Germany’s biggest corporate scandals. Wirecard collapsed in June 2020 over a 1.9 …
Read More GSK Wins Latest Trial Over Zantac Cancer Claims
GSK won the latest trial over claims that discontinued heartburn drug Zantac caused cancer, as a jury on Monday found that the drug was not responsible for an Illinois woman’s illness, a company spokesperson said. Carrie Joiner had alleged in …
Read More Nearly a Third of Carbon Credits Fail New Benchmark Test
Nearly a third of existing carbon credits have failed to meet criteria for a new standard that aims to serve as the global benchmark for the voluntary carbon market, its board said on Tuesday. In the voluntary market, companies can …
Read More Hub Acquires Pennsylvania Commercial Lines Agency IMC
Global insurance brokerage Hub International Limited announced it has acquired Insurance Management Company (IMC). Located in Erie, Pennsylvania, IMC provides commercial insurance and risk management services to commercial, industrial, institutional and construction risks, with offerings that complement Hub’s existing specialty …
Read More UK’s Thames Water Seeks Deal to Escape £104 Million Sewage Fine
Cash-strapped Thames Water is seeking to strike a deal with its regulator to avoid a fine of £104 million ($133 million) for polluting rivers. Industry regulator Ofwat said the utility released raw sewage from wastewater treatment works for years without …
Read More New Hampshire’s HPM Insurance Acquires Insurance Savers
HPM Insurance of Amherst, New Hampshire reports it has acquired Insurance Savers Agency, a personal and commercial lines agency with offices in the towns of Littleton and Thornton. The purchase of Insurance Savers Agency expands the footprint of HPM Insurance …
Read More Removing US Subsidies Curbed Building in Climate Risk Zones, Study Finds
The US Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer zones. At least 1.4 million acres along the Atlantic and Gulf coasts were made ineligible for the kind of federal …
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