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

Jury Rules GEO Group Owes Immigrants in Washington $17M in Back Pay

A jury has determined that The GEO Group must pay nearly $17.3 million to immigration detainees who were paid $1 a day to perform tasks such as cooking and cleaning at the company’s for-profit detention center in Washington state. Friday’s …

Alera Group Acquires Bagwell, One of Oldest North Carolina Agencies

Alera Group, a national insurance and wealth management firm, announced it has acquired 102-year-old Bagwell & Bagwell Insurance in North Carolina. Bagwell, founded in 1919, is a property and casualty agency that writes policies across the state, according to a …

Letitia James Announces She Will Run for New York Governor

New York Attorney General Letitia James formally announced Friday that she is running for governor, a widely anticipated move from the woman who oversaw an investigation into allegations that former Gov. Andrew Cuomo sexually harassed numerous women. James announced her …

North Carolina Again Postpones Hearing on 25% Homeowners Rate Hike

A hearing set for today on a proposed 24.5% average increase in homeowners’ insurance rates has been postponed until Jan. 3, the North Carolina Department of Insurance announced. The rate increase was recommended by the North Carolina Rate Bureau one …

OSHA Seeks Input for Worker Safety Rule on Heat Hazards

The U.S. Department of Labor’s Occupational Safety and Health Administration is publishing an advance notice of proposed rulemaking for heat injury and illness prevention. Currently, OSHA does not have a specific standard for hazardous heat conditions and this action begins …

Ida’s Remnants: Fed Approves Connecticut Disaster Declaration

The Biden administration has approved two portions of Connecticut’s request for a major disaster declaration needed to secure federal funds for recovery from the remnants of Hurricane Ida, which caused an estimated $7.2 million in damage in the state. Democratic …

Publicis Loses Bid to Escape Massachusetts Opioid Marketing Lawsuit

A unit of French advertising company Publicis Groupe SA on Friday lost a bid to dismiss a lawsuit by Massachusetts’ attorney general claiming it helped OxyContin maker Purdue Pharma LP fuel the U.S. opioid epidemic. Publicis Health had called Attorney …

States Sue to End Biden COVID Vaccine Mandate for Federal Contractors

Eighteen states filed three separate lawsuits Friday to stop President Joe Biden’s COVID-19 vaccine mandate for federal contractors, arguing that the requirement violates federal law. Attorneys general from Alaska, Arkansas, Iowa, Missouri, Montana, Nebraska, New Hampshire, North Dakota, South Dakota …

Aquiline Capital Partners to Acquire Majority Stake in UK Insurtech Ripe Thinking

Ripe Thinking Ltd., a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into a definitive agreement for Aquiline Capital Partners LLC to acquire a majority stake in the company. Financial details of the …

Aon Founder Ryan Retired at 71, Then He Built a New $10B Business

By the time he stepped down from Aon Plc at age 71, Patrick Ryan had earned a retirement fit for a king. He’d founded the world’s second-largest insurance brokerage nearly from scratch and run it for 41 years as chief …