California City Paying $1.5M to Fired Police Chief After Verdict July 28, 2022 The Oakland City Council approved a $1.5 million payout for a former police chief who won her whistleblower claim against...
AmTrust Title Agrees to Pay $1.25M to New York State Over ‘No-Poach’ Agreements July 28, 2022 A title insurer and its agency have agreed to pay $1.25 million in penalties for engaging in “no-poach” agreements with...
Maryland Man Died When Hit in Road After Lyft Driver Ordered Him Out of Car: Police July 28, 2022 A Maryland man has died after police say his Lyft driver ordered him out of the car in the middle...
Insurance Industry Charitable Foundation Launches IICF Global Membership Program, Welcomes Individual Insurance Professionals to Become Members July 28, 2022 By Newswire Los Angeles, CA., June 27, 2022 – The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping...
Global Natural Disasters Cost Insurers $34 Billion in H1 2022: Munich Re July 28, 2022 Global natural disasters during the first half of 2022 cost insurers about US$34 billion, which covered a little more than...
Reinsurer SCOR Reports H1 Loss of €239M Blamed on Ukraine War, Natural Disasters July 28, 2022 By L.S. Howard Reinsurer SCOR reported a first half loss attributed to the war in Ukraine, natural catastrophes and the severe drought in...
Allergan Poised to Pay More Than $2 Billion in Opioid Settlement July 28, 2022 By Jef Feeley AbbVie Inc.’s Allergan unit has reached an agreement to pay more than $2 billion to resolve thousands of lawsuits filed...
Reuters: EU Finds Evidence Employees’ Smartphones Compromised by Spyware July 28, 2022 By Raphael Satter The European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company’s spy...
G7 Countries Aim to Have Price Cap on Russia Oil Before Dec. 5, When Sanctions Kick In July 28, 2022 By Jan Strupczewski The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec....
Greensill Capital Sued by 277 Former Employees Over Firm’s Collapse, Job Losses July 28, 2022 By Katharine Gemmell and Olivia Fletcher A group of ex-Greensill Capital employees sued the defunct firm in London, accusing management of unfairly keeping them in the...