Insurance
Boston Financial Adviser Sentenced After Defrauding Older Victims of Annuity Funds
A financial adviser who stole about $1.2 million from the retirement accounts of his mostly older victims, one of whom had dementia and another of whom had a traumatic brain injury, has been sentenced to more than four years in …
Read More Kentucky Governor’s Storm Relief Efforts Could Trim GOP Leaning in Rural Areas
Gina Thorn`s life was uprooted when a monstrous tornado tore through her Kentucky hometown of Mayfield, but her family stuck it out and now they`re homeowners for the first time. Thorn says Gov. Andy Beshear deserves credit for their brighter …
Read More Supreme Court Halts Purdue Pharma Bankruptcy Settlement Pending Review
The U.S. Supreme Court on Thursday agreed to hear a challenge by President Joe Biden’s administration to the legality of OxyContin maker Purdue Pharma’s bankruptcy settlement, putting on hold a deal that would shield its wealthy Sackler family owners from …
Read More 5 Killed in Pennsylvania When RV Blows Tire, Crashes into Tractor-Trailer
A recreational vehicle blew a tire on an interstate highway in Pennsylvania, crossed the median and collided head-on with a tractor- trailer, killing four people in the RV and the truck driver, authorities said. The crash occurred around 8:50 p.m. …
Read More Tutoring Firm Settles EEOC’s First Bias Lawsuit Involving AI Software
A China-based tutoring company has agreed to settle a U.S. government agency’s novel lawsuit claiming it used hiring software powered by artificial intelligence to illegally weed out older job applicants. The 2022 lawsuit against iTutorGroup Inc was the first by …
Read More NOAA Increases Prediction for Atlantic Hurricane Season to “Above-Normal”
The National Oceanic and Atmospheric Administration is increasing its prediction for the ongoing 2023 Atlantic hurricane season to “above-normal” activity. Warmer-than-normal sea surface temperatures across much of the tropical and subtropical Atlantic are likely to offset the usually limiting atmospheric …
Read More People Moves: WTW Hires Bryce From Magnes for Personal Lines, Canada; Markel Taps PwC’s Feng as Warranty & Indemnity U/W; RSA Names Godfrey as Transformation Dir.
This edition of International People Moves details appointments at WTW, Markel and RSA Insurance. A summary of these new hires follows here. WTW Hires Bryce for Personal Lines, Canada Insurance broker WTW announced the appointment of Allison Bryce as the …
Read More Antarctica Risks ‘Cascades of Extreme Events’ as Earth Warms: Study
Extreme weather in Antarctica, including ocean heat waves and ice loss, is set to become more intense unless urgent policy action reduces the burning of fossil fuels, a new study has found — the latest to sound the alarm on …
Read More Norfolk Southern Falls Short of Safety Standards, Says Federal Regulators
OMAHA, Neb. (AP) __ Norfolk Southern made improvements after one of its trains derailed, caught fire and spilled toxic chemicals near an Ohio town, but the company is nowhere near the “gold standard for safety” it is striving to be, …
Read More Growing ‘Greenlash’ Fuels Fears for Europe’s Environmental Ambitions
A growing ‘greenlash’ against Europe’s environmental agenda has not so far derailed its decarbonization plans, but looming elections could put future climate and nature measures at risk. The European Union (EU) has burnished its role as a leader on climate …
Read More