Insurance
Suit Over NC eCourts Management System Can Continue, Judge Says
GREENSBORO, N.C. (AP) — A federal lawsuit alleging North Carolina’s new electronic courts records and case management system contributed to unlawful arrests or extended jail detainments can continue against the system’s developer and a county sheriff, a judge ruled this …
Read More Tennessee Safety Agency Says Plastics Workers Were Given Time to Evacuate
NASHVILLE, Tenn. (AP) — Workers at an East Tennessee plastics company who died in flooding from last year’s Hurricane Helene had time to evacuate, albeit by “makeshift routes,” according to an investigation from the Tennessee Occupational Safety and Health Administration …
Read More Kentucky Boy’s Death Raises Questions About Why Schools Weren’t Canceled
FRANKFORT, Ky. (AP) — A 9-year-old Kentucky boy who died in floodwaters while walking to catch his school bus was remembered by his classroom teacher as the “sweetest, kindest boy.” The death of Gabriel Andrews stunned residents in the Bluegrass …
Read More MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group, said the increase was …
Read More EU Weighs International CO2 Credits to Meet New Climate Goal, Sources Say
The European Commission is considering counting international carbon credits towards its next climate target, a move that could weaken the CO2-cutting efforts it demands from domestic industries, sources familiar with the matter told Reuters. The idea is among options being …
Read More Global Credit Starts to Wobble as Market Pain Spreads
Global credit markets began to come under fire on Monday, driving the cost of insuring against corporate and sovereign default higher, as recession fears rippled across equities, commodities and currencies. Trillions of dollars have been wiped off global stock markets …
Read More Generali Investors Should Vote to Keep CEO Donnet in Job: Proxy Adviser ISS
Leading governance adviser Institutional Shareholder Services (ISS) has recommended Generali investors vote to hand CEO Philippe Donnet another term at a general meeting on April 24. Donnet has been put forward as a candidate by the insurer’s main investor Mediobanca. …
Read More People Moves: Plymouth Rock Home Names Zygmunt Chief Operating 0fficer
Plymouth Rock Home Assurance Corp., headquartered in Boston, appointed Kevin Zygmunt as its chief operating officer. In his new role, he oversees operations for the marketing, underwriting, service, and claims teams for the home group. Zygmunt most recently led the …
Read More Chevron Ordered to Pay $744M for Damaging Louisiana Wetlands
Oil company Chevron must pay $744.6 million to restore damage it caused to southeast Louisiana’s coastal wetlands, a jury ruled on Friday following a landmark trial more than a decade in the making. The case was the first of dozens …
Read More Meta Plans Nearly $1 Billion Data Center Project in Wisconsin
Meta Platforms Inc. plans to spend nearly $1 billion on the development of a data center project in central Wisconsin, underscoring a larger effort from the social media giant to ramp up investments in AI and cloud infrastructure. In February, …
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