Insurance
People Moves: Canopius Hires Liberty Mutual’s Johnson as CUO U.S., Bermuda; AXA XL Promotes McKinley to Casualty Leader for N. America Construction
Canopius Hires Liberty Mutual’s Johnson as CUO U.S. and Bermuda Canopius Group, a global specialty re/insurer, announced it has hired Coleman V. Johnson as its chief underwriting officer US and Bermuda. Johnson joins Canopius USA’s growing leadership team as the …
Read More University of Iowa Hospitals to Pay $15M to Settle Employees’ Lawsuit
University of Iowa Hospitals & Clinics employees who say that overtime and other payments were improperly paid will receive $15 million as part of a class-action suit that was filed in 2019, according to documents filed Friday. The healthcare system …
Read More New Orleans Saints Player Faces $10M Lawsuit Over Alleged Assault
A lawsuit filed this week against New Orleans Saints running back Alvin Kamara seeks $10 million in damages and a jury trial in connection to an assault in Las Vegas during Pro Bowl weekend. Kamara already faces a felony battery …
Read More Indiana Teen’s Parents Sue City Over Fatal Crash Involving Police Chase
The parents of a northern Indiana teenager who died along with her boyfriend when a vehicle being chased by police crashed into their car in 2020 is suing the city of Mishawaka. The lawsuit filed by Elizabeth Johnson-Neher’s parents alleges …
Read More Wheat Farmers May Scale Back Planting As Drought Persists, Insurance Deadline Nears
With planting roughly halfway complete, the 2023 U.S. hard red winter wheat crop is already being hobbled by drought in the heart of the southern Plains, wheat experts said. Planting plans may be scaled back in the U.S. breadbasket despite …
Read More Amid Rising Seas and Flooding, Atlantic City Has No Plans for Retreat
Some cities around the world are pulling back from shorelines, as rising seas from climate change increase flooding. But so far, retreat appears out of the question for Atlantic City, New Jersey. The breezy getaway town is on the water …
Read More District Sues Chemical Manufacturer Over Anacostia River Pesticide Pollution
The District of Columbia filed a lawsuit in D.C. Superior Court Thursday against chemical manufacturer Velsicol Chemical, LLC, claiming it violated city environmental laws by polluting a major waterway, the Anacostia River and the surrounding area for decades. A complaint …
Read More Berkshire Hathaway and Alleghany Corp. Receive Regulatory Approvals for Merger
Warren Buffett’s Berkshire Hathaway Inc. and Alleghany Corp. announced that all regulatory approvals relating to the proposed $11.6 billion acquisition of Alleghany by Berkshire Hathaway have been received. The deal was first announced in March 2022. At a special meeting …
Read More Norway Police Arrest 2nd Russian for Flying Drones, Amid Heightened Security
Norwegian police took into custody a 51-year-old Russian man on Friday after he was observed taking photos near Tromso airport, the second such occurrence in a week. The police took possession of a drone, a large amount of camera equipment …
Read More Credit Suisse Pays $495M to Settle Legacy Case in U.S.
Credit Suisse has agreed to pay $495 million to settle a case brought against it in the United States, the latest pay-out related to past blunders that have battered the Swiss bank’s reputation. Credit Suisse said it would make the …
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