Insurance
Somali Pirates’ Return Adds to Crisis for Global Shipping Companies
As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier sent out a distress signal and called an emergency hotline. No one …
Read More German Cannabis Legalization Uncertainty Is Spooking Investors
Investors in Germany’s cannabis sector are holding back and some startups risk running out of cash amid uncertainty over whether a partial legalization of the drug for recreational use will take effect as planned on April 1. After the ruling …
Read More Britain’s Financial Services Sector Faces Long Haul to Gender Parity, Report Says
Britain’s banks and other financial firms are boosting the number of women in senior management roles, but unless the pace quickens, it will take until 2038 to reach gender parity, the finance ministry said on Thursday. The ministry’s Women in …
Read More US Warns That Hackers Are Carrying Out Disruptive Attacks on Water Systems
The U.S. government is warning state governors that foreign hackers are carrying out disruptive cyberattacks against water and sewage systems throughout the country. In a letter released Tuesday, National Security Advisor Jake Sullivan and Environmental Protection Agency Administrator Michael Regan …
Read More Dutch Airline KLM Loses Greenwashing Case on Climate Advertising
Dutch airline KLM misled customers through advertisements that suggested its flights are climate friendly, an Amsterdam court ruled. KLM makes climate claims in advertisements that are “based on vague and general statements about environmental benefits, thereby misleading consumers,” the district …
Read More EPA Bans Asbestos, Still in Use Decades After Partial Ban
The Environmental Protection Agency on Monday announced a comprehensive ban on asbestos, a carcinogen that kills tens of thousands of Americans every year but is still used in some chlorine bleach, brake pads and other products. The final rule marks …
Read More People Moves: Aspire General Insurance Names DelCorso Claims Vice President
Aspire General Insurance named Tom DelCorso vice president of claims. DelCorso has more than 20 years of claims leadership experience to the role, joining Aspire from Allstate Canada, where he was vice president of claims. Prior to that, he was …
Read More Too Much Atlantic in Atlantic City: Beach Erosion Has Casinos Desperate for Sand
The ocean and beaches have always been a part of Atlantic City’s identity: from salt water taffy to Miss America bathing beauties to the name of the place itself, the city has been marketed as a place to have fun …
Read More Feds Say University of Maryland Failed to Stop Harassment by Swim Coach
The University of Maryland, Baltimore County violated federal regulations by failing to protect students from sexual harassment and discrimination at the hands of the school’s former head swim coach, a U.S. Department of Justice investigation found. The results of the …
Read More Utah Insurance Department Warns About Fake Shipping Coverage
The Utah Insurance Department issued a warning about unlicensed companies and individuals offering coverage for damaged packages or packages stolen from porches. The department noted that some companies are using technicalities and fine print to avoid paying consumers, while others …
Read More