Monthly Archives: <span>August 2022</span>

People Moves: Synergy Comp Names Blough President; Stedman Leads Lockton Northeast Benefits

Synergy Comp Appoints Blough as President Chris Blough has been named president of Synergy Comp Insurance Co., headquartered in Sharon, Pa. Blough began his career in financial services and has served as the president of a commercial finance company, the …

Texas, Federal Government at Odds Over Flood Relief Discrimination Suit

The faded and weathered construction permits still taped to Houston resident Mal Moses’ front door are reminders of the difficulties he faced in trying to get his mold-infested walls and leaky roof repaired after Hurricane Harvey in 2017. But living …

Win for Qualcomm as No EU Appeal Court Ruling Against $991M Fine

EU antitrust regulators will not appeal a court ruling scrapping its 997-million-euro ($991 million) fine against Qualcomm, people familiar with the matter said, in a major win for the U.S. chipmaker that ends a long-running saga. The Luxembourg-based General Court, …

Zelenskiy Says Crisis Averted as Russian-Held Ukraine Nuclear Plant Regains Power

President Volodymyr Zelenskiy said the world narrowly avoided a radiation disaster on Thursday as the last regular line supplying electricity to Ukraine’s Russian-held Zaporizhzhia nuclear power plant was restored hours after being cut. Zelenskiy blamed shelling by Russia’s military for …

Sept. 11 Victims Not Entitled to Seize Afghan Central Bank Assets, Says Judge

A U.S. judge on Friday recommended that victims of the Sept. 11, 2001, attacks not be allowed to seize billions of dollars of assets belonging to Afghanistan’s central bank to satisfy court judgments they obtained against the Taliban. U.S. Magistrate …

‘Tape or Chewing Gum:’ Twitter’s Lapses Echo Worldwide

From fire departments to governments, from school districts to corporations, from local utilities to grassroots organizers around the world, Twitter at its best is a tool to get a message out quickly, efficiently, directly. It’s also a constant risk-and-reward calculation. …

Four Workers Hurt in Steam Release at North Carolina Paper Mill

Four workers were hurt at a North Carolina paper mill on Thursday, officials said. Four employees at WestRock’s mill in Roanoke Rapids were injured in an incident involving a steam release from a valve, WestRock spokesperson Robby Johnson said in …

Five Men Charged in Multi-State Catalytic Converter Theft Scheme

U.S. District Attorney Vanessa Roberts Avery in Connecticut announced the unsealing of a nine-count indictment that charges five men with federal offenses related to their participation in a stolen catalytic converter trafficking ring. The indictment, returned by a federal grand …

SEC Changes Whistle-Blower Award Rules to Boost Tipster Payouts

The US Securities and Exchange Commission changed its whistle-blower rules to give the agency more leeway to pay out hefty awards. Wall Street’s main regulator will be able to pay tipsters who help other government agencies that don’t have whistle-blower …

ILS Investors Could Help Fill Cyber Re/Insurance Protection Gap if Hurdles Are Overcome

The cyber re/insurance protection gap provides an opportunity for insurance-linked securities (ILS) investors, which historically have filled the gaps where traditional capital has either retrenched or is unavailable, according to a report published by S&P Global Ratings. “The demand for …