BRUSSELS – Owners of vehicles equipped with so-called defeat devices have a right to compensation from the vehicle manufacturer, an adviser to the top EU court said on Thursday in a case brought against Mercedes-Benz. Defeat devices are mechanisms or …
Governor Phil Scott recently signed legislation (H.515) into law modernizing Vermont’s captive insurance statutes, including giving captive insurance companies authority to enter into parametric risk transfer contracts. Other law changes are aimed at simplifying reporting requirements, improving solvency procedures for …
Rhode Island-based Starkweather & Shepley Insurance Brokerage (S&S) reports it has acquired Ferman Group, an East Hartford, Connecticut employee benefits agency serving mid-sized businesses in New England. Geoff Ferman, president of Ferman Group, said the deal gives his firm a …
Professional golfer Bart Bryant, who once beat Tiger Woods by six shots to collect the biggest paycheck of his career, was killed when a truck slammed into his SUV while he was stopped in a line of vehicles on a …
Tennessee Supreme Court justices fired numerous questions Wednesday at a company that is challenging lawsuits alleging its workers were sickened or died after cleaning up the nation’s worst coal ash spill, which happened more than a decade ago. Oral arguments …
Starting this week, North Carolina homeowners will see insurance premiums rise by an average of almost 8% for new and renewing policies, after a negotiated rate increase took effect June 1. The North Carolina Rate Bureau had proposed a 24.5% …
General Motors Co.’s GM.N Cruise on Thursday became the first company to secure a permit to charge for self-driving car rides in San Francisco, after it overcame objections by city officials. Self-driving test cars with human safety drivers have become …
The California Highway Patrol has agreed to pay nearly $4 million to settle a lawsuit that said the agency was responsible for an officer who killed his estranged wife, wounded her lover and then killed himself in 2018. The CHP …
The risk of foot-and-mouth disease reaching Australian shores has escalated as an outbreak sweeps through cattle herds in Indonesia. More than 20,000 animals have been infected by foot-and-mouth disease across 16 provinces, according to Indonesia’s agriculture ministry. Some analysts are …
A day after hurricane season began on June 1, the hurricane research team at Colorado State University upped its forecast of the Atlantic hurricane season to “well above average” and predicted five major hurricanes. In its June 2 forecast, the …