A Chicago-area sports fashion chain will pay $420,000 to settle a race and national origin discrimination lawsuit, federal officials say. The U.S. Equal Employment Opportunity Commission (EEOC) said City Sports has more than 15 locations in Chicago and the surrounding …
Indianapolis, Ind.-based MJ Insurance has added risk management consultant, Dominique Norton, expanding its Commercial Insurance + Risk Management — Small Business department. Norton comes to MJ from a regional insurance brokerage, where he served as an advisor. He is an …
The UK Supreme Court will hear an appeal on Nov. 16 of the Financial Conduct Authority’s (FCA) test case over which insurance companies should offer payouts to small businesses battered by the coronavirus pandemic, it said on Monday. The hearing …
CNA Financial Corp. doubled its 2020 Q3 net income, thanks in part to higher investment returns and rate hikes in the P/C insurance division that increased more than 12 percent on average. Net catastrophe losses soared, however, due to three …
Cruise operator Royal Caribbean Group said on Monday it would stop all its cruises through the end of the year, extending previous suspensions, as coronavirus infections continue to increase globally. The company’s announcement comes days after the U.S. Centers for …
Nigerian insurers are facing their biggest claims on record after protests against police brutality turned violent, leading to large-scale looting and destruction. Risk underwriters all over the country are inspecting business sites and verifying claims following loss notifications from big …
A federal judge dismissed New York warehouse workers’ lawsuit against Amazon, ruling that their allegations about the company’s handling of the COVID-19 pandemic should have been brought to the Occupational Safety and Health Administration instead. The lawsuit filed in June …
Nationwide has named Jude DiBattista to head its E&S Brokerage wholesale primary and excess casualty unit. DiBattista will lead the E&S Brokerage wholesale casualty team from New York and will report to Tom Jurgens, senior vice president, E&S/Specialty Brokerage Underwriting. …
Pilot unions and families of those killed in a crash of Boeing Co.’s 737 Max are asking for revisions to proposed new training for the grounded jetliner. The Federal Aviation Administration’s proposed new training module and emergency checklists for the …
Arch Capital Group Ltd. and Watford Holdings Ltd. announced a revised definitive agreement under which Arch will acquire all of the common shares of Watford for $35.00 per share, in an all-cash offer valued at approximately $700 million. The deal …