Former Chair Ghosn Sues Nissan for $1B in Lebanon June 20, 2023 Former Nissan chairman Carlos Ghosn has sued the company for more than $1 billion in a lawsuit filed to Lebanon’s...
WHO Says Toxic Syrup Risk ‘Ongoing’, More Countries Hit June 20, 2023 There is an ongoing global threat posed by toxic cough syrups, the World Health Organization (WHO) told Reuters, saying it...
Probe Opened Into Hyundai Ioniq 5 EVs Over Power Loss Reports June 20, 2023 By David Shepardson U.S. auto safety regulators are investigating nearly 40,000 Hyundai Ioniq 5 electric vehicles over reports of power loss while driving...
Sublimit Left Out of Policy, But Liberty Mutual Firm Avoids Huge Payout Anyway June 20, 2023 By William Rabb What happens when an insurance carrier, its underwriter, a broker and the insured all forget to make sure a sublimit...
World Insurance Acquires Assets of Bryant Agency in Upstate New York June 20, 2023 Insurance broker World Insurance Associates LLC announced that it acquired substantially all the insurance assets of Bryant Asset Protection, Inc....
Data on California Private Self-Insureds’ 2022 Workers’ Comp Claim Experience June 20, 2023 California workers’ compensation private self-insured claim frequency rose 6% last year as both medical-only and indemnity claim volume increased, but...
Construction Owners Accused of Submitting Fraudulent Bonds for New York Storm Projects June 20, 2023 Federal officials report they have charged two construction company owners with submitting fraudulent bonds in connection with storm recovery and...
Takeaways from Our Conversation on Carrier-Broker Relations June 20, 2023 By Don Jergler Insurance professionals specializing in cannabis across the nation in the last few years have gone from few and far in...
University of Delaware Settles Class Action Over COVID Campus Shutdown June 20, 2023 By Randall Chase The University of Delaware has agreed to pay $6.3 million to settle a lawsuit over its campus shutdown in 2020...
Bank of England Launches First Sector-Wide Liquidity ‘Stress Test’ June 20, 2023 By Huw Jones The Bank of England has launched its first system-wide liquidity ‘stress test’ to establish how big banks, insurers, clearing houses...