Monthly Archives: <span>May 2021</span>

Crypto Insurer Evertas Raises $5.8M in Seed Funding

Evertas, a cryptoasset insurance company, said it has raised nearly $5.8 million in seed funding, which it will use to accelerate product development, increase its insurance cap[a city and build out its infrastructure. The insurer is focused on covering institutional …

Impending Dutch Court Decision to Test Shell’s Responsibility for Climate Change

A Dutch court verdict against Royal Dutch Shell Plc will determine whether it has a legal responsibility for climate change, in a case that will be watched by Big Oil executives globally. A panel of judges in a lower court …

Generali Opens Representative Office in Brussels to Build Access to EU Decision-Makers

Italian insurer Generali has opened a representative office in Brussels to strengthen public affairs activities with the European Union. Generali said it aims to represent its business priorities while, at the same time, playing an increasingly active corporate citizenship role …

Renault-Nissan, Hyundai Face Factory Closures in India over Workers’ COVID-19 Fears

CHENNAI, India – Automakers Renault, its alliance partner Nissan Motor Co. and Hyundai Motor Co. face temporary factory closures in India due to growing unrest among workers concerned about rising COVID-19 infections. Workers at Renault-Nissan’s car plant in the southern …

Industry Veteran Charman to Retire from Sompo Int’l, Succeeded by Zurich’s Shea

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property/casualty insurance and reinsurance, announced that after eight years with the company and more than five decades in the industry, John Charman will retire from Sompo International at the end of …

Homeowner Seeks $5M in Lawsuit Over ‘Rotten Egg’ Smell from S.C. Mill

A pulp and paper mill in South Carolina emits fumes that smells like rotten eggs and which nearby residents say have caused headaches and sore throats, a North Carolina homeowner says in a lawsuit. Kenny White, who lives in the …

Louisville Welcomes Justice Dept. Investigation of City’s Policing

For the people marching in the streets for more than a year after the killing of Breonna Taylor, a wide-ranging new federal investigation of policing in Louisville is seen as one more chance for justice. The demonstrations big and small …

Judge Rejects State’s Argument in South Dakota Sinkhole Case

A judge has rejected the state of South Dakota’s argument that homeowners in a Black Hawk neighborhood lack legal standing to seek damages due to a sinkhole. The Rapid City Journal reports Judge Kevin Krull’s May 14 ruling may now …

Iowa DHS Employee Awarded $790K in Sex Harassment Suit

A jury has awarded an Iowa Department of Human Services employee $790,000 in damages in her lawsuit accusing the department of fostering sexual harassment. The jury handed down the award at the conclusion of the nearly two-week-long trial in a …

Texas Rehab Center to Pay $146.6K to Settle Pregnancy Discrimination Suit

A Dallas rehabilitation facility will pay $146,613 to settle charges that it unlawfully fired an employee because of her need for additional leave to recover from caesarean section, according to the U.S. Equal Employment Opportunity Commission (EEOC). Dallas-based Greenhouse Outpatient …