INSURANCE NEWS
Ex-Student Alleges Abuse at Missouri Military Boarding School
MEXICO, Mo. (AP) _ A former student at the Missouri Military Academy alleges in a lawsuit that school administrators did nothing to stop routine beatings he suffered at the school. The student filed a personal injury lawsuit this week against …
Employee Claims Google Fired Him Over Refusing Sex Advance, Failure to Be ‘Inclusive’
A former Google employee is suing the technology company claiming he was fired in retaliation for refusing another employee’s sexual advances and for not being “inclusive” in his team hiring. Ryan Olohan, who worked in Manhattan for Google, filed suit …
Reckitt Expects U.S. Infant Formula Shortage Until Spring
The near year-long infant formula shortage in the United States that prompted the intervention of the White House is likely to “persist” until spring, according to Reckitt Benckiser, the maker of what is now the biggest brand in the market, …
Pilot Cited ‘Rigging Issue’ Before Small Plane Crashed in Pennsylvania
HANOVER TOWNSHIP, Pa. (AP) — Federal investigators say the pilot of a small experimental plane spoke of a problem with the aircraft shortly before it went down in a northeastern Pennsylvania farm last month, killing himself and another person. Authorities …
Report Shows California Gun Data Breach Was Unintentional
California’s Department of Justice mistakenly posted the names, addresses and birthdays of nearly 200,000 gun owners on the internet because officials didn’t follow policies or understand how to operate their website, according to an investigation released this week. The investigation, …
Marsh McLennan Acquires McDonald Zaring in Washington
Marsh McLennan Agency acquired McDonald Zaring Insurance in Walla Walla, Washington. McDonald Zaring Insurance serves individuals and businesses across all industries and sizes, including agri-business, wineries, financial institutions, health clinics and contractors. Marsh McLennan Agency, or MMA, is a subsidiary …
2022 Hurricane Season Ends But Was the Third-Costliest on Record, Thanks to Ian
An Atlantic hurricane season that had 14 named storms officially ended on Wednesday, leaving residents in the Florida Keys to celebrate even as others around Florida and Puerto Rico continue to grapple with the damage caused by Hurricanes Ian, Nicole …
EU Takes ‘First Step’ to Certify Removals of Carbon Dioxide From Atmosphere
The European Union set out plans on Wednesday to certify removals of carbon dioxide from the atmosphere, while leaving key details to be worked out later – including how these removals will be counted towards EU climate change targets. The …
New Details on Alabama Twister that Killed Woman and Son, Left Path of Destruction
The twister that smashed through a small Alabama community this week, during an outbreak of tornadoes across the Deep South, killed a 39-year-old woman and her 8-year-old son on a street where generations of one family lived. One of dozens …
Swiss Gov’t Seeks Mandatory Reporting of Cyberattacks on Key Infrastructure
The Swiss government proposed on Friday making it mandatory to report cyberattacks on critical infrastructure as a way to help shed light on hackers and sound the alarm more widely. It asked parliament to approve legislation that creates the legal …
Citigroup in Talks to Recoup Errant $500M Revlon Loan Payment
Citigroup Inc. is negotiating the return of about $500 million it mistakenly paid a group of hedge funds and investment firms on a loan owed by Revlon Inc., the now-bankrupt cosmetics company controlled by billionaire Ronald Perelman. In a Thursday …
After FTX Collapse, Pressure Builds for Tougher Rules for Cryptocurrencies
Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at the Reuters NEXT conference this week, the latest call for tougher oversight of a sector prone to meltdowns. Policymakers have …