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3 12, 2020

Missouri Nursing Home to Pay $40K to Settle Gender Pay Discrimination Claims

By | December 3rd, 2020|Uncategorized|Comments Off on Missouri Nursing Home to Pay $40K to Settle Gender Pay Discrimination Claims

A Kansas City-area nursing home has agreed to settle a lawsuit alleging it paid female nurses less than male nurses, federal authorities say. The U.S. Equal Employment Opportunity Commission (EEOC) reported that Edgewood Manor OPCO LLC, a former owner of …

3 12, 2020

Alphabet Inc.’s Waymo Launching New Autonomous Vehicle Testing Site in Ohio

By | December 3rd, 2020|Uncategorized|Comments Off on Alphabet Inc.’s Waymo Launching New Autonomous Vehicle Testing Site in Ohio

Waymo plans to open a new testing site in Ohio for its driverless autonomous vehicles that will focus on dense, urban areas, the company has said. The new site being built at the Transportation Research Center near Columbus will allow …

3 12, 2020

Sentry’s Insurance Business Transfer Plan OK’d to Advance in Oklahoma

By | December 3rd, 2020|Uncategorized|Comments Off on Sentry’s Insurance Business Transfer Plan OK’d to Advance in Oklahoma

Wisconsin-based Sentry Insurance (Sentry) has gained approval from the Oklahoma Insurance Department to submit its Insurance Business Transfer (IBT) Plan to the District Court of Oklahoma County. This is the second IBT approved by an insurance commissioner in the United …

2 12, 2020

Sri Lanka Evacuates 75,000 from East Coast on Threat of Cyclone Burevi

By | December 2nd, 2020|Uncategorized|Comments Off on Sri Lanka Evacuates 75,000 from East Coast on Threat of Cyclone Burevi

COLOMBO – Sri Lanka evacuated 75,000 people from homes on the east coast, where Tropical Cyclone Burevi, packing winds of 80 kph to 90 kph (50 mph to 56 mph) is expected to hit the island nation late on Wednesday. …

2 12, 2020

Former Tesla Employee Settles Over Theft of Trade Secrets, False Claims to Media

By | December 2nd, 2020|Uncategorized|Comments Off on Former Tesla Employee Settles Over Theft of Trade Secrets, False Claims to Media

A former Tesla Inc. factory employee will pay Elon Musk’s electric car maker $400,000 after it accused him of tipping reporters about alleged production inefficiencies and delays, a court filing shows. The payment by Martin Tripp, a former process technician …

2 12, 2020

Lockton Adds 3 Managing Directors from Aon to Its Transaction Liability Practice

By | December 2nd, 2020|Uncategorized|Comments Off on Lockton Adds 3 Managing Directors from Aon to Its Transaction Liability Practice

Global insurance broker Lockton reports that three transaction liability advisors from Aon — Joshua Halpern, Gaurav Sud and Eric Ziff — have joined the firm to lead its mergers and acquisition (M&A) consulting offering. The company said these three professionals …

2 12, 2020

Gale-Force Winds, Rain and Snow Lash Much of Northeastern U.S.

By | December 2nd, 2020|Uncategorized|Comments Off on Gale-Force Winds, Rain and Snow Lash Much of Northeastern U.S.

Gale-force winds lashed much of the northeastern U.S. on Monday, prompting tornado watches and flash-flood warnings. “Hold on to your hats!” the National Weather Service in Boston tweeted as gusts exceeding 50 mph and heavy rainfall bore down on a …

2 12, 2020

Hub International Acquires Quebec-Based Seymour Alper

By | December 2nd, 2020|Uncategorized|Comments Off on Hub International Acquires Quebec-Based Seymour Alper

Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired Seymour Alper Inc. Terms of the transaction were not disclosed. Located in Mount Royal, Quebec, Canada, Seymour Alper Inc. is an insurance and risk management firm providing innovative …

2 12, 2020

Crum & Forster Acquires Aspen’s Food and Beverage Product Recall Business

By | December 2nd, 2020|Uncategorized|Comments Off on Crum & Forster Acquires Aspen’s Food and Beverage Product Recall Business

Specialty insurer Crum & Forster (C&F) has acquired the renewal rights of Aspen’s U.S. food and beverage product recall insurance portfolio written primarily through the excess and surplus lines market. The company said the Aspen underwriting team servicing this portfolio, …

2 12, 2020

Fairfax Announces Sale of RiverStone Europe to Private Equity Firm CVC

By | December 2nd, 2020|Uncategorized|Comments Off on Fairfax Announces Sale of RiverStone Europe to Private Equity Firm CVC

Fairfax Financial Holdings Ltd. announced it has entered into a binding agreement with CVC Capital Partners (CVC) to sell all of its interests in RiverStone Europe to private equity firm CVC Capital Partners for approximately $750 million. Fairfax also will …