Insurance
China Metals Giant Faces Protest in Indonesia After Fatal Blast
Workers at a Tsingshan Holding Group plant in Indonesia staged a demonstration and demanded new working conditions after an explosion on Sunday that killed at least 19 people. The deadly blast at a furnace run by PT Indonesia Tsingshan Stainless …
Read More Twitter Violated Contract by Failing to Pay Millions in Bonuses, Judge Rules
Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday. Mark Schobinger, who was Twitter’s senior director of compensation …
Read More Alibaba Must Face Lawsuit Over Counterfeit Squishmallows
A U.S. judge on Wednesday rejected Alibaba’s bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the popular children’s toy Squishmallows on its online platforms. U.S. District Judge Jesse Furman in Manhattan said …
Read More US Seizes BlackCat Ransomware Site, Offering Decryption Tool
The US Justice Department seized websites belonging to a notorious Russian-speaking ransomware group, upending hackers that have extorted millions of dollars from victims around the world. The website for the extortion group BlackCat, also known as ALPHV or Noberus, on …
Read More US Workplace Stress at All Time High, Survey Says
Stress at work has reached epidemic proportions and shows little decline in 2023, according to the American Psychological Association’s “Work in America Survey: Workplaces as Engines of Psychological Health & Wellbeing.” The national survey found that 77% of U.S. workers …
Read More Top Insurance Journal D&O Storylines of 2023
Million-dollar court cases, expert predictions and in-depth market analysis — Insurance Journal’s top-read directors and officers insurance stories in 2023 scrutinized notable national headlines through a D&O lens. Meanwhile, big-picture evaluations continued to draw attention, as did a legal dispute …
Read More Louisiana Department of Insurance Chief of Staff Denise Gardner Wins National Award
Louisiana Department of Insurance (LDI) Chief of Staff Denise Gardner was recently presented with the Robert Dineen Award for her outstanding service and contributions to the state system of insurance regulation at the National Association of Insurance Commissioners (NAIC) Fall …
Read More People Moves: Leif Assurance Hires Smith as Construction Insurance Specialist
Leif Assurance, headquartered in St. Louis, Mo., recently hired Gabe Smith as a construction insurance specialist. Smith has 10 years of sales and insurance experience. Before joining Leif Assurance, he owned and served as an insurance agent at The Woodlands …
Read More Missouri Urgent Care Chain Settles for $9.1 Million Over False Claims for COVID-19 Testing
ST. LOUIS (AP) – One of the largest urgent care chains in Missouri will pay $9.1 million to settle allegations that the company submitted false claims for medical services, including COVID-19 testing. The U.S. Attorney`s office in St. Louis on …
Read More Beyoncé`s Childhood Home in Texas Catches Fire on Christmas Morning
HOUSTON, Texas (AP) – Beyoncé’s childhood home caught fire early on Christmas morning, though the family living there escaped safely. The fire was reported at about 2 a.m. Monday and the Houston Fire Department arrived on the scene of the …
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