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News – Insurance Journal
Maine Marketing Firm Settles Lawsuit with Employee Claiming She Was Drugged
A Maine marketing firm has settled a lawsuit with a former employee who claimed she was drugged at a company party and fired after requesting accommodations to recover. The Portland Press Herald reports an attorney for Trueline Publishing told the …
POSTED MARCH 18, 2019 1:20 PM |
Gas Refineries Pay Vermont Settlement Over Fuel Additive
The Vermont attorney general’s office says more than two dozen of the country’s biggest gasoline refiners, including ExxonMobil and Shell Oil Company, are paying a $3.8 million settlement over the use of the gasoline additive that the state alleged caused …
POSTED MARCH 18, 2019 1:14 PM |
In Fatberg Fight, New York Goes to War Against Flushable Wipes
One of humanity’s most private and pervasive hygiene habits is changing. And Sal Scapelito’s job is a sign that the trend may not be sustainable. Every two minutes, the 31-year-old sewage treatment worker cleans off a five-foot-wide device designed to …
POSTED MARCH 18, 2019 1:06 PM |
Aon’s New Ventures Group Focuses on Intellectual Property with Cochrane Named COO
Aon’s New Ventures Group (NVG), which was formed in October 2018 to accelerate Aon’s investment in innovative new solutions, is focusing its first efforts on intellectual property in order to help clients manage their intangible assets. NVG is formally sponsoring …
POSTED MARCH 18, 2019 1:06 PM |
Real Life Examples Show Why Businesses Must Boost Their Cyber Defenses
When cyber thieves attacked Empire Industries’ computer network, technology manager Rich Shemanskis could see files in the process of being infected by malicious software. “We were looking at the network, and I noticed it, and another guy noticed it. We’re …
POSTED MARCH 18, 2019 12:24 PM |
Tropical Cyclone Idai Devastates Mozambique, Zimbabwe with at Least 166 Deaths
A tropical cyclone killed at least 166 people in Mozambique and Zimbabwe, destroying roads and bridges and curbing electricity exports to neighboring South Africa. The death toll has risen sharply since Tropical Cyclone Idai made landfall almost directly over the …
POSTED MARCH 18, 2019 11:57 AM |
BHSI Launches Professional Liability Cover for Asset Managers and Funds in UK, Ireland
Berkshire Hathaway Specialty Insurance (BHSI) has launched Professional First Asset Management Liability Insurance, which provides broad professional liability, directors & officers liability, and crime coverage tailored for investment managers and funds in the UK and Ireland. “Highly volatile investment and …
POSTED MARCH 18, 2019 11:03 AM |
CBS Settles $1.25M Investor Lawsuit over ‘Improper’ Redstone Compensation
CBS Corp. directors agreed to settle for $1.25 million investors’ claims that network owner Sumner Redstone received millions of dollars in improper compensation after he became incapacitated in 2014. The money — coming from insurance covering CBS’s officers and directors …
POSTED MARCH 18, 2019 10:32 AM |
Black Boxes Show Ethiopian Airlines, Lion Air Disasters Were Similar, Says Ethiopia
The crash of an Ethiopian Airlines plane that killed 157 people had “clear similarities” with October’s Lion Air crash, Ethiopia said on Sunday, shown by initial analysis of the black boxes recovered from the wreckage of the March 10 disaster. …
POSTED MARCH 18, 2019 10:02 AM |
Allianz Explores Deal with Deutsche Bank’s Asset Management Arm: Sources
Allianz SE is exploring the possibility of a combination of its asset management arm with Deutsche Bank AG’s DWS Group to create a national champion in active money management, according to people familiar with the matter. The Munich-based insurer is …
POSTED MARCH 18, 2019 9:33 AM |
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