FRANKFURT – Shareholders in Europe’s largest carmaker Volkswagen on Thursday approved a deal to settle claims against four former executives, including long-time CEO Martin Winterkorn, related to the company’s emissions scandal. The initial deal, which was announced last month and …
London office workers want an average pay rise equivalent to the cost of some annual railway season tickets to return to their desks full-time after the pandemic, according to a survey. With COVID-19 restrictions leaving many offices empty, white-collar staff …
A U.S. safety regulator’s decision last week to sue Amazon.com Inc. could bring clarity to a question that has long befuddled courts and state legislatures nationwide: Who is responsible when a product bought from the world’s largest online retailer hurts …
MOSCOW – Flooding has damaged a bridge on Russia’s Trans-Siberian railway in its Far East, suspending traffic in the area, officials said on Friday, and President Vladimir Putin said full track repair would take five days. The world’s longest railway …
Plaintiffs in a federal class action lawsuit could get payments and medical monitoring as part of a proposed $65.25 million settlement with three companies over chemical contamination of the water supply in an upstate New York village. The Times Union …
The Pennsylvania Insurance Department (PID) is joining with other states around the country in conducting the National Association of Insurance Commissioners’ (NAIC) Climate Risk Disclosure Survey. The survey allows insurers to report on climate-related risks and opportunities and will provide …
Relation Insurance Services Inc. acquired the assets of The SIG Insurance Agencies. The partnership with SIG strengthens Relation’s existing capabilities and further expands the platform’s geographic presence in the Northeast. Headquartered in Connecticut with additional operations in New York, New …
Rhode Island-based commercial property insurer FM Global is making executive management team changes, moving seasoned leaders within the company into newly created roles. Bret N. Ahnell, executive vice president and a 34-year veteran of the company, has been named chief …
Swiss Re Corporate Solutions has promoted William Porter as head International Programs Americas, and Reto Collenberg as head International Programs APAC and EMEA, both effective Aug.1. Together they will oversee Swiss Re Corporate Solutions’ International Programs business and market strategy …
Los Angeles bomb technicians grossly miscalculated the weight of homemade fireworks last month when they detonated them in a containment chamber, likely causing a catastrophic explosion that injured 17 people and rocked a neighborhood, the police chief said Monday. Chief …