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16 03, 2021

Marsh & McLennan Drops &

By | March 16th, 2021|Uncategorized|Comments Off on Marsh & McLennan Drops &

In what the company acknowledges is a small branding change, professional services and insurance firm Marsh & McLennan has dropped the ampersand to become Marsh McLennan. The company says the change is meant to emphasize that Marsh McLennan is a …

16 03, 2021

Oliver Wyman Predicts COVID Herd Immunity for U.S. by Mid-Summer

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The U.S. will reach herd immunity threshold when more than 71% of the U.S. population has been exposed to COVID or effectively vaccinated against it, most likely by mid-summer, says a management consultant firm that has been tracking COVID cases. …

16 03, 2021

TransRe CEO Sapnar to Step Down, Succeeded by Brandt

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TransRe President and CEO Mike Sapnar is leaving the company to pursue another opportunity. He’ll stay on the job through April 30 to help with the transition. Ken Brandt, currently TransRe’s co-president of Global Underwriting, will succeed him. A member …

16 03, 2021

Purdue Pharma Bankruptcy Plan Proposes Public Trusts to Settle Opioid Lawsuits

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Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin maker into an entity that would steer profits to plaintiffs and require the company’s Sackler family owners to contribute nearly …

16 03, 2021

Credit Suisse Investors Express Concern About Fallout from Greensill Collapse

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ZURICH — Credit Suisse warned it may have to book a charge over its dealings with Greensill, as scrutiny grows over its relationship with the British finance firm that collapsed into insolvency. The Swiss bank has had to close around …

16 03, 2021

New Jersey Ice Cream Manufacturer Cited for Safety Hazards Leading to Amputations

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Despite two severe amputation injuries in 2018 and 2020 on the same machine at a Lakewood, New Jersey, ice cream manufacturing plant, a recent federal safety and health inspection found the company continued to ignore protocols designed to prevent other …

16 03, 2021

New York Suit Against EPA Over GE’s Hudson River Cleanup Dismissed

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A federal judge on Thursday dismissed a lawsuit from New York state against the federal Environmental Protection Agency over its 2019 decision that General Electric had completed a Hudson River dredging remediation project. The Times Union of Albany reported U.S. …

16 03, 2021

Maryland Senate Passes Measure to Fight Climate Change

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The Maryland Senate voted Friday for a package of steps to fight climate change by planting 5 million trees over 10 years, increasing energy efficient buildings and committing to more electric state vehicle use. The measure would require the Maryland …

16 03, 2021

Disaster Loans Available for Drought Losses in Arizona Counties

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The U.S. Small Business Administration has announced that small non-farm businesses in all 15 counties in Arizona may apply for low-interest federal disaster loans to offset economic losses from drought. Eligibility includes businesses directly affected by the disaster as well …

16 03, 2021

Earthquake Early Warning System Launches in Oregon

By | March 16th, 2021|Uncategorized|Comments Off on Earthquake Early Warning System Launches in Oregon

People in Oregon will be better prepared for earthquakes – particularly important in the Pacific Northwest because experts say “the big one” is coming – as an early warning system launched Thursday, the 10th anniversary of a devastating quake and …