Monthly Archives: <span>March 2025</span>

How Faulty Parts at Boeing’s 787 Jets Flew Below the Radar in Italy

On a Saturday morning in May, 2020, Italian police officers caught two men pouring chemical waste into the sewers in the southern port city of Brindisi, near a small plane components factory. Five years on, that routine pollution case has …

Captain of Container Ship That Crashed Near UK Was Russian

The captain of the Solong container ship that crashed near the UK is a Russian national, the ship’s owner said. The rest of the crew are a mix of Russian and Filipino, shipping company Ernst Russ AG said in a …

UK Corporate Distress at Level Last Seen Post-COVID, Report Says

Distress among UK companies has risen for a third consecutive year, to its highest level since the onset of the COVID-19 pandemic, according to a report by consulting firm Alvarez & Marsal. A&M found that 11.2% of UK firms suffered …

Atlas Insurance Brings Benefits Business Under One Roof

Atlas Insurance Agency, based in Sarasota, Florida, announced it has acquired its sister company, Atlas Employee Benefits. The firms will now operate under a single brand name. “While Atlas Insurance and Atlas Employee Benefits have operated separately in the past, …

Florida Bill Barring Citizens Coverage for Noncompliant Condos Passes Committee

A Florida House bill that would bar Citizens Property Insurance Corp. from writing condominium properties that haven’t complied with inspection deadlines passed its first hurdle this week. But the measure has been questioned by some as unnecessary and potentially detrimental …

People Moves: NJM’s CEO Livingston to Retire; Voorhees Named Successor

NJM Insurance Group’s President and Chief Executive Officer Mitch Livingston, will retire on July 31, after 19 years at the company, including the past seven as its leader. The company’s board of directors has selected Carol Voorhees, NJM’s executive vice …

Third Magellan Diagnostics Exec Pleads Guilty Over Lead-Test Device Defect

The former CEO of Magellan Diagnostics pleaded guilty on Monday to a criminal charge related to a malfunction in the company’s lead-testing devices that produced inaccurately low results for tens of thousands of patients. Amy Winslow was the last of …

Lilly, J&J Boosted Spending on Executive Security After UnitedHealth Shooting

U.S. drugmakers Johnson & Johnson and Eli Lilly increased spending on security for their top executives in 2024, citing increased threats after a UnitedHealth insurance executive was murdered outside the company’s investor meeting in December, regulatory filings showed. J&J is …

California Body Shop Owner Charged With Insurance Fraud on Bait Car

A San Jose, California, body shop owner was charged with insurance fraud following an undercover sting operation that reportedly revealed he jacked an insurance damage estimate on a bait car. The operation, led by investigators from the Santa Clara County …

PrestigePEO Acquires Concurrent HRO in Colorado

PrestigePEO acquired Concurrent HRO, a Colorado-based professional employer organization. Concurrent HRO’s team is remaining in place. The acquisition is PrestigePEO’s fifth, and it expands PrestigePEO’s presence in the Midwest and Mountain regions. Related: Big Threat? Payroll Companies Taking Insurance Biz …