Insurance
Mars Wrigley Candy Factory Fined Over Workers’ Falls Into Vat of Chocolate
Federal workplace safety authorities have fined a central Pennsylvania confectionary factory more than $14,500 following an accident last year in which two workers fell into a vat of chocolate. The Occupational Safety and Health Administration cited Mars Wrigley in the …
Read More Ex-Dallas Cowboys Star Files Lawsuit Seeking $100M After Misconduct Claim
McKINNEY, Texas (AP) – Former Dallas Cowboys wide receiver and Pro Football Hall of Famer Michael Irvin has filed a defamation lawsuit seeking $100 million in damages, claiming he was falsely accused of misconduct by a female employee at a …
Read More Faulty Weld Led to Kansas Oil Spill; Cleanup Costs at $480M
TOPEKA, Kan. (AP) – A faulty weld at a bend in an oil pipeline contributed to a spill that dumped nearly 13,000 bathtubs’ worth of crude oil into a northeastern Kansas creek, the pipeline’s operator said last Thursday, estimating the …
Read More Risk Strategies Acquires Long Island’s Bullen Group, High-Net Worth Specialist
National specialty insurance broker Risk Strategies reports it has acquired Long Island, New York-based Bullen Insurance Group, a national specialist focused on high-net-worth families, individuals and their businesses. Terms of the deal were not disclosed. Bullen operates five offices in …
Read More Alcon to Pay Johnson & Johnson $199M to Settle Eye-Laser Cases
Alcon Vision will pay Johnson & Johnson’s Surgical Vision Inc $199 million to settle legal battles over intellectual property related to the companies’ laser eye-surgery devices, Alcon said in a press release on Sunday. Alcon said the one-time payment would …
Read More Lawsuit Seeks Medical Testing After Toxic Train Derailment in Ohio
EAST PALESTINE, Ohio (AP) – Residents who filed a federal lawsuit in the fiery derailment of a train carrying toxic chemicals along the Ohio-Pennsylvania line are seeking to force Norfolk Southern to set up health monitoring for residents in both …
Read More Nationwide E&S Strikes Out in Move for $1.4M Contribution to Injury Settlement
Nationwide E&S/Specialty is not entitled to be reimbursed by Mt. Hawley Insurance and Lloyd’s for part of a $2.725 million payment it contributed as the excess/surplus insurer to settle a personal injury suit. A New York appellate panel has found …
Read More US, UK Sanction Russians Tied to TrickBot Hacking Gang
The US and UK have imposed sanctions on seven alleged members of a Russia-based cybercrime gang, the first such joint action from the two countries. The sanctions target accused members of TrickBot ransomware group, which officials say developed a virus …
Read More Appeals Arguments Begin in Boy Scouts of America Bankruptcy
An attorney for some insurance companies that could be liable for child sexual abuse claims against the Boy Scouts of America urged a judge Thursday to reverse a bankruptcy plan for the organization, arguing collusion with claimants’ lawyers to pressure …
Read More Plane Being Towed at Los Angeles Airport Collides With Shuttle Bus, Injuring Five
An airline jet being towed on a taxiway collided with a shuttle bus at Los Angeles International Airport, injuring five people. The Federal Aviation Administration said that it is investigating the incident involving an American Airlines Airbus A321 jet. There …
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