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11 06, 2021

178 Unvaccinated Employees Suspended at Houston Hospital

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A Houston hospital has suspended 178 employees for two weeks without pay for not complying with demands that they be vaccinated against COVID-19. In a memo, Houston Methodist Hospital system chief executive Marc Boom said 24,947 employees complied with the …

11 06, 2021

Judge Rules in Utility’s Favor in Suit over Deadly Indiana Explosion

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A judge has ruled in favor of a utility in a lawsuit filed over a 2017 natural gas explosion in southwestern Indiana that killed two women and injured three other people. A Vanderburgh County judge granted CenterPoint’s motion for summary …

11 06, 2021

Video Game Firm Electronic Arts Reports Data Breach

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Electronic Arts Inc. is investigating a recent data breach, where some of its game source code and related tools were stolen, the video game publisher said on Thursday, becoming the latest victim of a spate of cyberattacks on U.S. companies. …

10 06, 2021

AXA Offers €300M to Settle COVID-19-Related BI Claims for French Restaurant Owners

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AXA has offered a settlement to 15,000 French restaurant owners that purchased non-damage business interruption insurance after previously denying coverage during the 2020 COVID-19 lockdowns. AXA estimates the cost of these settlements will be approximately €300 million (US$365.5 million) before …

10 06, 2021

Wall Street in Quandary Over New SPAC Equity Contracts After SEC Crackdown

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Wall Street accountants and lawyers are trying to figure out new equity agreements to lure investors back to the blank-check company market after the U.S. regulator cracked down on the use of warrants, six industry executives told Reuters. They are …

10 06, 2021

Judge Tosses Racial Bias Suit by Black Franchisees Against McDonald’s

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A federal judge in northern Illinois has dismissed a racial discrimination lawsuit brought by African-American McDonald’s franchisees accusing McDonald’s of steering them to underperforming stores. U.S District Court Judge Harry D. Leinenweber ruled that the plaintiff Black franchisees failed to …

10 06, 2021

N.Y. Bill Aims to Give Policyholders Private Right of Action in Unfair Claims Disputes

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A proposed bill in New York relating to unfair claims settlement practices would provide policyholders with a private right of action against insurers who refuse or delay payment of a claim. The bill comes as many policyholders have expressed frustration …

10 06, 2021

New Jersey USPS Mail Carrier Charged with Workers’ Compensation Fraud

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A New Jersey U.S. Postal Service (USPS) mail carrier has been charged with making false statements to obtain federal workers’ compensation benefits. Aida Perez, of Roselle Park, New Jersey, has been charged by complaint with one count of knowingly and …

10 06, 2021

New York Could Try to Sue Gun Manufacturers Under Bill

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New York’s attorney general could sue gun manufacturers under certain scenarios under a bill that passed the state Senate and Assembly on Tuesday as lawmakers continued wrapping up this year’s legislative session. Gun manufacturers could, for instance, face a lawsuit …

10 06, 2021

Bell and Clements Launches Intellectual Property Insurance for Law Firms

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Bell and Clements Inc., part of Munich Re Specialty Insurance (MRSI), is launching an Intellectual Property Legal Professional Liability (IPLPL) product specifically designed for law firms of all sizes with 65% or more of their revenue derived from the practice …