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2 05, 2022

Arkansas Sues Family Dollar Over Rodents in Distribution Facility

By | May 2nd, 2022|Uncategorized|Comments Off on Arkansas Sues Family Dollar Over Rodents in Distribution Facility

Arkansas is suing Family Dollar over the discovery of more than 1,000 rodents in a distribution facility in the state that prompted the discount retail chain to recall items purchased from hundreds of stores in the South. The lawsuit, filed …

2 05, 2022

Electric Utilities in Pacific Northwest Spending Millions to Lower Wildfire Risk

By | May 2nd, 2022|Uncategorized|Comments Off on Electric Utilities in Pacific Northwest Spending Millions to Lower Wildfire Risk

Private electric utilities in the Pacific Northwest are planning tens of millions of dollars in upgrades to reduce the risk that their power lines could spark wildfires during extreme weather. Utilities such as Pacific Power, Avista, Idaho Power, Portland General …

2 05, 2022

Judges Skeptical as Purdue Seeks Revival of Sackler Liability Shield in Bankruptcy Deal

By | May 2nd, 2022|Uncategorized|Comments Off on Judges Skeptical as Purdue Seeks Revival of Sackler Liability Shield in Bankruptcy Deal

Judges on a U.S. appeals court appeared hesitant on Friday to revive a legal shield that would protect members of the Sackler family who own Purdue Pharma from lawsuits related to the prescription opioid OxyContin, a key to ending the …

2 05, 2022

USC Settles with Men Who Say Campus Doctor Abused Them

By | May 2nd, 2022|Uncategorized|Comments Off on USC Settles with Men Who Say Campus Doctor Abused Them

Kenny Oshita was a first semester law student at the University of Southern California when a visit to a school doctor for a possible sexual disease turned into an invasive procedure that left him feeling violated. He was not alone. …

2 05, 2022

New Jersey Court Upholds State Regulator in Dispute With Applied Underwriters

By | May 2nd, 2022|Uncategorized|Comments Off on New Jersey Court Upholds State Regulator in Dispute With Applied Underwriters

The New Jersey insurance commissioner does not have to rely upon the state’s attorney general to bring a lawsuit against out of state insurers and their affiliates that it believes are violating state laws. Rather, the insurance department can bring …

29 04, 2022

People Moves: AXA Reappoints Buberl as CEO; Gosset-Grainville Named Chair

By | April 29th, 2022|Uncategorized|Comments Off on People Moves: AXA Reappoints Buberl as CEO; Gosset-Grainville Named Chair

Thomas Buberl has been reappointed as AXA’s chief executive officer, while Antoine Gosset-Grainville has been name chairman of the board of directors, succeeding Denis Duverne, who has retired. Burberl first became CEO and a director of AXA in September 2016. …

2 05, 2022

Colorado Jury Awards Nearly $9M in Fertility Fraud Case

By | May 2nd, 2022|Uncategorized|Comments Off on Colorado Jury Awards Nearly $9M in Fertility Fraud Case

A jury has awarded nearly $9 million to three families who accused a Colorado fertility doctor of using his own sperm to inseminate three mothers who requested anonymous donors. The jury found that Dr. Paul B. Jones and his clinic, …

29 04, 2022

Is AXIS Selling Its Reinsurance Business? Some Say: Where There’s Smoke, There’s Fire

By | April 29th, 2022|Uncategorized|Comments Off on Is AXIS Selling Its Reinsurance Business? Some Say: Where There’s Smoke, There’s Fire

AXIS Capital Holding’s chief executive officer would not comment on reports that the company is looking to sell its reinsurance unit. But a market commentary from Wells Fargo Securities said: “Where there’s smoke, there’s fire.” During a first quarter earnings …

29 04, 2022

Generali’s CEO Donnet Survives Leadership Challenge From Rebel Investors

By | April 29th, 2022|Uncategorized|Comments Off on Generali’s CEO Donnet Survives Leadership Challenge From Rebel Investors

Philippe Donnet kept his job as chief executive of Italian insurer Generali on Friday when he won the backing of shareholders in the face of a challenge from a rebel investor. The company’s board nominees, backed by leading shareholder Mediobanca, …

29 04, 2022

SEC Sues Brazilian Miner Vale Over ‘False and Misleading’ Claims About Safety of Dams

By | April 29th, 2022|Uncategorized|Comments Off on SEC Sues Brazilian Miner Vale Over ‘False and Misleading’ Claims About Safety of Dams

The U.S. Securities and Exchange Commission (SEC) on Thursday sued Brazilian miner Vale for allegedly making false and misleading disclosures about the safety of its dams ahead of a 2019 disaster that killed 270 people. Beginning in 2016, Vale manipulated …