INSURANCE NEWS
Ford Taps Vehicle Data to Attract Customers in Commercial Van Market
Ford Motor Co.’s push to use reams of data generated by its vans and trucks – from engines to oil filters or brake pads – to attract more customers in the European and U.S. commercial vehicle market plays out on …
Before Fatal Quake Collapse, Turkish Building Skirted Code Thanks to Erdogan Policy
MALATYA, Turkey (Reuters) — The Trend Garden Residence, an upscale serviced apartment building in the Turkish city of Malatya, boasted a gym, freshly-furnished rooms and a roof-top cafeteria. But when a powerful earthquake jolted the city in the early hours …
Indonesia to Relocate Residents or Move Fuel Facility After Fire Kills 16
Indonesia will relocate residents living near a fuel-storage fire that killed 16 people or remove the depot owned by state energy company Pertamina to a safer location, President Joko Widodo said on Sunday. The decision will rest with State-Owned Enterprise …
Judge: Michigan School, Staff Immune From Shooting Lawsuits
PONTIAC, Mich. (AP) – A Michigan judge has ruled that staff and administrators at Oxford High School cannot be sued for a mass shooting that left four students dead and seven others wounded. Oakland County Circuit Judge Mary Ellen Brennan …
P/C Carriers Losing Ground to MGAs in Talent War
During a webinar about an insurance industry labor market survey last month, an industry recruiter said that insurance carriers are losing ground to managing general agents in the war for talent. “On the property and casualty side, primarily in the …
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 …
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 …
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 …
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 …
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 …
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 …
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 …