Insurance
Western Curbs on Russian Oil Products Redraw Global Energy Shipping Patterns
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns. As a result of the European …
Read More Zurich Exits Insurance Climate Alliance Days After Munich Re
Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second high profile exit from the group in a matter of days. The Swiss insurer said in a statement that it’s …
Read More Markets/Coverages: Berkley Select Enhances Middle Market Lawyers Pro Liability Coverage
To address the growing risks faced by middle market law firms, Berkley Select said it enhanced its lawyers professional liability (LPL) offerings, adding new coverages, more flexible policy forms and expanded capacity. Berkley Select’s lawyers professional liability coverage enhancements include: …
Read More EEOC Says Uber Should Face Claims That Driver Ratings Are Biased
The U.S. agency that enforces workplace discrimination laws has urged a federal appeals court to revive a lawsuit alleging that Uber Technologies Inc’s system allowing passengers to rate drivers is racially discriminatory. The U.S. Equal Employment Opportunity Commission (EEOC) filed …
Read More 143,000 VW SUV Owners Warned to Keep Front Passenger Seats Empty
Owners of 143,000 recalled Volkswagen Atlas vehicles should not let people sit in front passenger seats until the occupant-detection systems in these vehicles have been fixed, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Tuesday. The recall covers …
Read More NC Farm Bureau Can Keep $24 Million in Green Energy Tax Credits, Court Says
An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided, striking down a $24 million tax assessment by the state’s Department of Revenue …
Read More People Moves: Embroker in California Names Spagnuolo Chief Product Officer
Embroker named Chris Spagnuolo as chief product officer. Spagnuolo has nearly 20 years of product management experience, most recently as CPO at Wander. Spagnuolo also founded two startups and spent seven years as a product consultant to organizations such as …
Read More Jury Awards $3.2M to Ex-Tesla Worker in California for Racial Abuse Suit
A federal jury has awarded nearly $3.2 million in damages to a Black former worker at a Tesla factory in California that has been at the epicenter of racial discrimination allegations hanging over the automaker run by billionaire Elon Musk. …
Read More Takeaways from Our Conversation on Insuring Magic Mushrooms
Magic mushrooms are a class of drugs in a promising industry referred to broadly as psychedelics, a market that some believe will reach more than $8 billion in the next few years. Like cannabis, they are considered controlled substances. So, …
Read More People Moves: Henningsen Appointed Lockton Texas P&C CEO; Kephart joins TIPS
Henningsen Appointed CEO of Lockton Texas P&C Business Lockton Companies has appointed Jeff Henningsen as chief executive officer (CEO) for the Texas P&C business, with teams in Dallas, Houston and Ft. Worth, Texas; New Orleans, Louisiana; and Birmingham, Alabama. Lockton …
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