INSURANCE NEWS
Ship Owner in Bridge Collapse Seeks to Limit Its Liability
The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to about $43.7 million. The company, Grace Ocean, …
Google Agrees to Delete Web Browsing Data as it Settles ‘Incognito’ Lawsuit
Google said it would delete millions of records of users’ browsing activities as part of a settlement of a class-action lawsuit that alleged it tracked people without their knowledge. The case, filed in 2020, alleged the Alphabet Inc. unit surreptitiously …
Dutch Court Hears Shell’s Appeal Against Landmark Climate Ruling
A Dutch court will on Tuesday hear Shell’s appeal against a landmark climate ruling which ordered it to drastically deepen planned greenhouse gas emission cuts. The district court in The Hague in 2021 ordered the oil and gas giant to …
American Contracts Bird Flu After Exposure to Virus Spreading in Cows
A person in Texas contracted bird flu, most likely after being exposed to infected dairy cows, public health officials said, as an emerging outbreak among the animals spreads in the country. The risk to the general population remains low, the …
From NFP to Alliant: Pestana to Head Real Estate Section, Based in Charlotte
Alliant Insurance Services, a national distributor, has named Gary Pestana managing director of Alliant Specialty, in the firm’s real estate and hospitality area. He will be based in Charlotte, North Carolina. Pestana has more than 30 years’ experience in risk …
New $20 Minimum Wage for Fast Food Workers in California Began Monday
Most fast food workers in California will be paid at least $20 an hour began Monday, when a new law kicked in giving more financial security to an historically low-paying profession while threatening to raise prices in a state already …
Tainted Water Flowed to These Texans’ Homes for Three Years. No One Told Them.
MIDLAND COUNTY — Leslie Borrego lives in a modest house south of the city limits, built 24 years ago by her late husband Raúl, who died unexpectedly from an aneurysm four years ago. The walls, decorated with framed portraits of …
People Moves: BenefitMall Appoints Beckley as Houston Benefits Sales Executive
BenefitMall, headquartered in Dallas, hired Maggie Beckley as a new benefits sales executive for Houston. Beckley brings eight years of insurance industry experience to the role. Prior to joining BenefitMall, she worked as a sales executive, employee benefits for Assured …
People Moves: Acuity Promotes Freund, Kreif, Marthenze and Tyszka
Acuity Insurance, headquartered in Sheboygan, Wisconsin, promoted several team members to new positions. Promotions include: Katrina Freund, senior claims representative. Freund started her Acuity career in 2020 as a claims representative. Cori Kreif, associate actuary. Kreif joined Acuity in 2018 …
Arkansas Officials Mark Anniversary of Deadly Tornado
LITTLE ROCK, Ark. (AP) — Arkansas and local officials hailed the response from emergency workers, community groups and individuals on Friday as they marked the one-year anniversary of tornadoes that tore through the state and killed four people. Gov. Sarah …
Tropical Cyclone Makes Landfall in Northern Madagascar, Killing 18 People
ANTANANARIVO, Madagascar (AP) — A tropical cyclone that swept across Madagascar has killed 18 people and left four missing after making landfall on the north of the Indian Ocean island nation earlier this week, authorities said on Friday. The storm …
Canadian School Boards Sue Social Media Giants for Over C$4B in Damages
Four Canadian school boards have sought more than C$4 billion ($2.96 billion) in damages from social media firms such as Meta Platforms and Snap in a lawsuit, alleging that their products harmed students. The products are “negligently designed for compulsive …