Insurance
Paramount Global Settles Shareholder Suit for $122.5 Million
Paramount Global settled an investor lawsuit tied to the controversial 2019 merger of CBS Corp. and Viacom Inc. that created the company, agreeing to pay $122.5 million. The settlement with Viacom investors was reached on Feb. 27, according to a …
Read More Justice Dept Wants Execs to Foot Bill for Corporate Misconduct
The U.S. Justice Department is rolling out a new policy aimed at pushing the cost of corporate crime into the pockets of executives, the latest in a series of changes at the agency under President Joe Biden. The agency’s criminal …
Read More AJG Buys Nashville Brokerage
Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, has acquired Nashville-based Anderson Benson, a retail insurance brokerage and risk management firm. Anderson Benson, founded in 2012, has carved out a niche in the entertainment industry, along …
Read More Bishop Testifies Against Bill to End Child Abuse Reporting Exemption for Clergy
The Roman Catholic Church’s rite of confession must remain confidential, even if someone tells a priest that a child has been abused, the bishop who leads Vermont’s diocese testified Friday. Bishop Christopher Coyne told the state Senate Judiciary Committee that …
Read More Iowa Bill Would Permit Firearms on Employer, School Property
Iowa lawmakers are considering legislation that would allow employees to carry firearms or ammunition onto employer’s property if the guns or ammunition are out of sight and locked in a vehicle. An employer, owner or possessor of the property on …
Read More Exxon Mobil Sued for Race Discrimination
Exxon Mobil Corporation, doing business as ExxonMobil Chemical Corporation, violated federal law when it failed to take effective measures to prevent the display of hangman’s nooses at its Baton Rouge complex, the U.S. Equal Employment Opportunity Commission (EEOC) charged in …
Read More Teachers Could Physically Restrain Unruly Students Under Nebraska Bill
LINCOLN, Neb. (AP) – Nebraska lawmakers are considering a bill that would allow teachers and school staff to physically restrain disruptive students and remove them from classrooms without fear of being disciplined, even as critics say physical restraint has been …
Read More Supreme Court Keeps Louisiana Wetland Damage Lawsuits in State Courts
NEW ORLEANS (AP) – A lawsuit against oil and gas companies over damage to Louisiana’s wetlands will remain in state court, the U.S. Supreme Court said, rejecting an appeal by major energy companies who wanted to get the case moved …
Read More Harford Mutual Insurance Group Announces Merger Plan with ClearPath Mutual
Harford Mutual Insurance Group, a commercial P/C insurance company, announced its plan to merge with ClearPath Mutual Insurance Company, a monoline workers’ compensation carrier. “We are constantly seeking opportunities that complement our strategic goals and provide our policyholders and independent …
Read More Underground Coal Mine Collapse Injured 3 in Montana
Three workers were injured when part of an underground coal mine with a history of safety violations collapsed in southern Montana, authorities said Wednesday. The miners were about a mile inside Signal Peak Energy’s Bull Mountain Mine when the area …
Read More