INSURANCE NEWS
3 Killed in Tour Company Helicopter Crash Coast of Kauai
A sightseeing company’s helicopter crashed near a remote beach off the coast of the Hawaiian island of Kauai, killing three people and injuring two others, authorities said. It was the latest in a series of fatal crashes that has plagued …
Taylor Swift Sued for Trademark Infringement Over ‘Life of a Showgirl’
Pop megastar Taylor Swift was sued by a Las Vegas performer on Monday who said Swift’s latest hit album “The Life of a Showgirl” violates her trademark rights. Maren Wade said in the complaint that marketing for Swift’s album threatened …
Texas Pizza Hut Franchise to Pay $35K in Harassment Suit
Ayvaz Pizza, LLC, doing business as Pizza Hut, which operates more than 350 Pizza Hut restaurants around the country, including multiple locations in the Houston area, will pay $35,000 and furnish other relief to settle a sex harassment and retaliation …
Michigan School District Settles Suit Over Pledge of Allegiance Dispute
A suburban Detroit school district has agreed to give First Amendment training to staff to settle a lawsuit by a teenager who said a teacher humiliated her for refusing to stand for the Pledge of Allegiance in protest of U.S. …
Illinois Hospital Sued Over Vaccine Mandate
Silver Cross Hospital, based in New Lenox, Illinois, violated federal law when it failed to provide a reasonable accommodation to an employee who requested to be exempt from receiving the COVID-19 vaccine because of her religious beliefs, the U.S. Equal …
Qatar-Exxon LNG Plant Marks First Production From Texas Facility
The Texas joint venture between QatarEnergy and Exxon Mobil Corp. has started liquefied natural gas production from the first of its three trains at the facility, marking a major milestone for US exports of the fuel as global supplies dwindle. …
Albany Diocese Reaches $148 Million Agreement With Abuse Survivors Committee
The Roman Catholic Diocese of Albany, New York has agreed to pay $148 million into a fund to settle claims of clergy and employee sexual abuse in an agreement approved by the committee of sexual abuse survivors. The amount is …
People Moves: WTW Makes Structural, Leadership Changes to EMEA Regional Operations; Carpenter Taps FloodFlash’s Bartholomew as Head of Parametric Advisory
This edition of International People Moves details appointments at brokers WTW and Guy Carpenter. A summary of these new hires follows here. WTW Makes Structural and Leadership Changes to EMEA Regional Operations Insurance broker WTW announced structural and strategic changes …
Missing Crew Not Found in Iran-Hit Vessel, Thai Ship Owner Says
A search for three crew members reported missing after a Thai-flagged cargo vessel was attacked in the Strait of Hormuz earlier this month failed to locate them, according to ship’s owner. Mayuree Naree, owned by Bangkok-based Precious Shipping Pcl, was …
Sources: US Treasury to Consult With Insurance Regulators on Private Credit Lenders
The U.S. Treasury Department is expected to convene in coming weeks the first of a series of meetings with domestic and international insurance regulators about recent developments in jittery private credit markets, two sources familiar with the plans told Reuters. …
Hawaii to Take Over Aging Dam After Failure Scare During Floods
A 120-year-old Hawaii dam that reached worrisome levels during heavy rains and devastating flooding, prompting thousands of residents to evacuate for fear of life-threatening failure last week, will soon be taken over by the state. The state’s land board on …
Toyota’s China JVs Recall 560,000 SUVs Over Seat Safety Risk
Toyota Motor Corp.’s Chinese joint ventures are recalling more than 560,000 sport utility vehicles to fix a defect in the second-row seats that could jeopardize passenger safety during a collision. From April 1, the Japanese carmaker and its local partner …