An Illinois-based staffing agency will pay $25,000 to settle a federal lawsuit alleging it refused to hire qualified females as receiving associates. LTI Services LLC in Burbank, Ill., also has agreed to other conditions to settle a sex discrimination lawsuit …
A decade of low interest rates and tough underwriting conditions has led reinsurers to cautiously invest in riskier and more illiquid assets to generate additional return. The good news is that this strategy also has helped reinsurers tolerate the economic …
The Douglas School District in Box Elder, S.D., will pay a former district employee $50,000 to settle a lawsuit filed in February 2019, representatives from both sides said on Oct. 27. Patrick Ealy said he was wrongly terminated by the …
McDonald’s Corp. was hit on Thursday with a potentially multi-billion-dollar lawsuit by Black franchise owners who accused the fast-food giant of racial discrimination for steering them to underperforming stores. The proposed class action led by James and Darrell Byrd, brothers …
BRUSSELS – A vaccine scheme co-led by the World Health Organization is setting up a compensation fund for people in poor nations who might suffer any side-effects from COVID-19 vaccines, aiming to allay fears that could hamper a global rollout …
Nexus Specialty has hired Katie Schneider as assistant vice president, Management & Professional Liability, in the group’s Chicago, Ill., office. The company also named William K. Fayette, senior underwriter, Management & Professional Liability, also based in Chicago. Schneider will be …
Surging COVID-19 cases in Chicago has prompted Illinois Gov. J.B. Pritzker to ban indoor dining and bar services and limit the number of people gathering in one place. However, Chicago Mayor Lori Lightfoot says she isn’t sure Pritzker’s new restrictions …
Property/casualty insurance companies in Louisiana, including those that write private and/or excess flood coverage, as well as surplus lines insurers, have been directed to report claims data arising from Hurricane Delta to the state insurance department. It is the second …
Steve Pierce, a construction risk management and alternative risk financing specialist, has joined Alliant Insurance Services as executive vice president within the Alliant Construction Services Group. He is based in Dallas. Pierce joins Alliant with more than 18 years of …
The Florida Office of Insurance Regulation is monitoring the state’s property insurance situation that is seen as in a crisis by those in the industry. The regulator said the insurance market has been buffeted by multiple hurricanes in the last …