Insurance
Financial Services Firms Should Be Banned From Misusing Gag Orders: UK Lawmakers
Finance firms in Britain should be banned from misusing non-disclosure agreements (NDAs) to silence victims of sexual harassment and abuse, lawmakers said on Friday, calling for an end to an era of impunity for predators and bullies. In a report …
Read More Booming Stock Market Leads to Higher US Household Wealth
U.S. household wealth rose to a record of roughly $156.2 trillion at the end of 2023 thanks to a surging stock market that offset a drop in property market values, the Federal Reserve said on Thursday. Household net worth rose …
Read More $7.8M Court Order Blocks Ghost Gun Retailer From Selling Certain Parts in New York
A federal judge on Wednesday permanently banned a Florida gun retailer from selling or delivering certain gun parts in New York that officials say can be used to assemble untraceable ghost guns and sold without background checks. The court order …
Read More Pacificorp Ordered to Pay Oregon Wildfire Victims Another $42M
A jury in Oregon has ordered PacifiCorp to pay more than $42 million to 10 victims of devastating wildfires on Labor Day 2020 — the latest verdict in litigation that is expected to see the electric utility on the hook …
Read More OSHA Seeks $551K Penalty for Frozen Food Manufacturer After Worker’s Amputation
A Robbinsville, New Jersey frozen food manufacturer with a history of violating federal safety and health standards was cited again by the Occupational Safety and Health Administration (OSHA), after a worker suffered an amputation last August. The agency determined the …
Read More Connecticut State University Dormitory Fire Displaces 60 Students
A dormitory fire Monday at Central Connecticut State University is forcing 60 students into temporary housing, the university said. The started around 6 p.m. on the first floor of F. Don James Hall, the university said. Sprinklers helped prevent flames …
Read More Cannabis Sales Outlook Promising for Insuring Cannabis Specialists
A new report shows global legal cannabis spending grew to $36 billion in 2023, and more importantly, that languishing sales in longer-legal states may soon start to swing back up – two big, encouraging signs for insuring cannabis specialists. BDSA, …
Read More Xcel Energy Acknowledges Role in Texas Panhandle Wildfire
Xcel Energy on Thursday acknowledged its involvement in the Smokehouse Creek Fire, which started last week and quickly became the largest wildfire in state history, burning more than 1 million acres. “Based on currently available information, Xcel Energy acknowledges that …
Read More Explosion at Michigan Vaping Supply Distributor Kills One
CLINTON TOWNSHIP, Mich. (AP) — A large fire followed by multiple explosions at a building in suburban Detroit killed one person and injured a firefighter. A look at what we know about the site, including investigators’ questions surrounding the vaping …
Read More Brown & Brown’s Lonmar Acquires Renewal Rights for Bloodstock Portfolio
Lonmar Global Risks, part of Bridge Specialty International, Brown & Brown Inc.’s International Wholesale and Specialty division, has acquired the renewal rights for a bloodstock portfolio from Norwich, England-based St. Benedicts Ltd. Financial details of the transaction were not disclosed. …
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