Davis Cartage Co., a transportation, warehousing and logistics company headquartered in Corunna, Michigan, violated federal law by allowing its president of logistics to sexually harass two female employees at its Owosso, Michigan location, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced. According to the EEOC’s lawsuit, in 2023, the president of …
Another financial crisis may land on the doorstep of insurers who have covered many financial risks Source link
A judge on Wednesday dismissed Donald Trump’s lawsuit accusing The Des Moines Register and its former pollster of misrepresenting the state of the 2024 presidential race, rejecting the president’s claim that the newspaper’s poll coverage violated Iowa’s consumer fraud law. Calling the case extraordinary, Iowa District Judge Scott J. Beattie said that allowing the lawsuit …
Liberty Specialty Markets’ Ross Drabble describes how market changes, geopolitics and climate change are affecting high-value goods Source link
The Texas Department of Insurance this week launched a tool that allows residents to see reasons for why insurance companies decline, non-renew or cancel home and auto insurance policies. The webpage lets users review declination, non-renew and cancellations notices by choosing from a reporting period, ZIP code and policy type. The page also includes the …
London market trade body calls for more work on product governance regulations Source link
Hunt Forest Products, L.L.C., a Ruston, Louisiana-based wood products manufacturing company, violated federal law when it terminated a laborer’s employment after learning he had a seizure while not at work, the U.S. Equal Employment Opportunity Commission (EEOC) alleged in a lawsuit. According to the EEOC’s lawsuit, Hunt Forest Products required the worker to undergo an …
Insurance associations welcome move but Talanx flags importance of ‘holistic approach’ Source link
Minnesota Attorney General Keith Ellison announced that he has filed a civil lawsuit and an $18.5 million settlement of the civil lawsuit with Partners in Nutrition, d/b/a Partners in Quality Care (“PIN”), that resolves claims that the non-profit knowingly defrauded the State of Minnesota out of millions of dollars in federal child nutrition funds during …
Growing dependencies are creating new pathways for shocks to spread across sectors, Swiss Re and LSE analysis finds Source link
Crypto exchange Bitget reported an estimated $351.6 million in unauthorized transfers from some of its wallets and temporarily suspended withdrawals. “User funds are safe,” Chief Executive Gracy Chen said in a post on X early Friday in Singapore. “The full amount of this loss falls within the coverage of Bitget’s User Protection Fund, which currently …
Bermuda carrier’s stock lifted by new analyst coverage and ‘outperform’ rating Source link