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14 10, 2020

Ohio Restaurant Group to Pay $75K to Settle Sex Harassment Suit

By | October 14th, 2020|Uncategorized|Comments Off on Ohio Restaurant Group to Pay $75K to Settle Sex Harassment Suit

A Cincinnati, Ohio-area restaurant group will pay $75,000 to a former employee and implement other relief to settle a federal lawsuit alleging sexual harassment. According to the lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the male owner …

14 10, 2020

J&J to Pay $5 Billion in Potential Opioid Settlement With States

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Johnson & Johnson said on Tuesday it will contribute up to $1 billion more to a potential settlement of lawsuits alleging it and other companies fueled the U.S. opioid epidemic, bringing its total payment to $5 billion. The New Brunswick, …

13 10, 2020

California Appeals Court Listening to Arguments in Gig Worker Lawsuit

By | October 13th, 2020|Uncategorized|Comments Off on California Appeals Court Listening to Arguments in Gig Worker Lawsuit

A California appeals court on Tuesday listened to arguments by lawyers for Uber Technologies Inc. , Lyft Inc. and the state of California about whether the state can recognize their drivers as employees with the right to minimum wage, overtime …

13 10, 2020

California Insurance Agent, Unlicensed Employee Arraigned for Alleged Fraud

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Insurance agent Brenda Cervantes, 31, of Oxnard, Calif., and unlicensed employee Edith Arellano-Quinones, 39, of Ojai, were arraigned on Tuesday on misdemeanor counts of insurance fraud after allegedly selling auto insurance without proper licensing and putting their customers’ coverage and …

13 10, 2020

AmWINS, CRC and Heffernan Create Technology Alliance for Specialty Business

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Wholesaler insurance brokers AmWINS and CRC, along with independent agency Heffernan Insurance Brokers, are the charter members of a new alliance to accelerate technology improvements in the brokerage, wholesale and specialty insurance segments. The new group, called the InsurConneXtions Alliance, …

13 10, 2020

The Impact of Political Risks on Businesses

By | October 13th, 2020|Uncategorized|Comments Off on The Impact of Political Risks on Businesses

Civil unrest incidents such as protests and riots are challenging terrorism as the main political risk exposure for companies. Recently, events such as the French “yellow vest” protests (insured losses around $90 million), as well as unrest in Chile (around …

13 10, 2020

Private Equity Investor BP Marsh Increases Stake in EC3 Brokers

By | October 13th, 2020|Uncategorized|Comments Off on Private Equity Investor BP Marsh Increases Stake in EC3 Brokers

EC3 Brokers has received a new investment from existing shareholder BP Marsh & Partners, which will take its holding in the broker to 35%. This investment will help London-based EC3 Brokers broaden its offering and attract entrepreneurial teams to develop …

13 10, 2020

Karen Clark & Co. Estimates $950M Insured Loss in U.S. from Delta

By | October 13th, 2020|Uncategorized|Comments Off on Karen Clark & Co. Estimates $950M Insured Loss in U.S. from Delta

The catastrophe risk modeling firm Karen Clark & Co. (KCC) has estimated that the insured loss to onshore properties from Hurricane Delta will be close to $1.25 billion, which includes $950 million wind and storm surge losses in the U.S. …

13 10, 2020

Iowa Orders Hole in Won, Affiliates to Stop Insurance Business in State

By | October 13th, 2020|Uncategorized|Comments Off on Iowa Orders Hole in Won, Affiliates to Stop Insurance Business in State

The Iowa Insurance Division has ordered Hole in Won LLC, Kevin Kolenda, Hole In Won.com, Hole in Won.com Worldwide, Golf Marketing Worldwide, Compliance HIW, and Amanda Penrose (respondents) to cease and desist acting as an insurer or insurance producer in …

13 10, 2020

City in Texas Hit with $1M Suit from Black Man Who Police Led by Rope

By | October 13th, 2020|Uncategorized|Comments Off on City in Texas Hit with $1M Suit from Black Man Who Police Led by Rope

A Black man who was led by a rope by two white officers on horseback has sued a southeast Texas city and its police department for $1 million, saying he suffered humiliation and fear during his arrest. A lawsuit filed …