15 11, 2024

Meta Fined $841M by EU Over Abusing Classified Ads Dominance

By | November 15th, 2024|Uncategorized|Comments Off on Meta Fined $841M by EU Over Abusing Classified Ads Dominance

Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to the social network, the U.S. tech giant’s first ever penalty for E.U. antitrust violations. In a groundbreaking …

15 11, 2024

Ford Hit With Near-Record $165 Million Penalty on Recall Failure

By | November 15th, 2024|Uncategorized|Comments Off on Ford Hit With Near-Record $165 Million Penalty on Recall Failure

Ford Motor Co. agreed to a $165 million civil penalty to settle allegations the company failed to recall cars with defective rearview cameras in a timely manner, the second-largest fine ever levied by the National Highway Traffic Safety Administration. Ford …

15 11, 2024

People Moves: Zurich Names Bernard Head of Industry Practices for US Middle Market; FM Promotes Hodge to COO

By | November 15th, 2024|Uncategorized|Comments Off on People Moves: Zurich Names Bernard Head of Industry Practices for US Middle Market; FM Promotes Hodge to COO

Zurich North America, headquartered in Schaumburg, Illinois, promoted Stan Bernard to head of industry practices for U.S. Middle Market. Bernard succeeds Lynn Zeitler, who is retiring in December after 31 years with Zurich. Bernard, who is based in Maryland, has …

15 11, 2024

Less Worker Deaths Investigated by Labor Department’s OSHA in FY 2024

By | November 15th, 2024|Uncategorized|Comments Off on Less Worker Deaths Investigated by Labor Department’s OSHA in FY 2024

The Occupational Safety and Health Administration said its enforcement has led to fewer workers dying. OSHA, a part of the Department of Labor, said it investigated 826 worker deaths in fiscal year 2024. This is an 11% reduction from 928 …

15 11, 2024

Michigan Court of Appeals Rules in Favor of Police in 2020 Custody Death Lawsuit

By | November 15th, 2024|Uncategorized|Comments Off on Michigan Court of Appeals Rules in Favor of Police in 2020 Custody Death Lawsuit

The Michigan Court of Appeals has ruled in favor of police and dismissed a lawsuit alleging negligence in the 2020 death of a woman who was in custody in suburban Detroit. There wasn’t enough evidence to let a jury decide …

14 11, 2024

Jury Awards Baltimore $266 Million in Damages After Opioid Trial

By | November 14th, 2024|Uncategorized|Comments Off on Jury Awards Baltimore $266 Million in Damages After Opioid Trial

A jury has awarded the city of Baltimore $266 million in damages in its suit against pharmaceutical firms McKesson and AmerisourceBergen for their part in the city’s opioid epidemic. With the jury award, the city has notched another win for …

14 11, 2024

New Hampshire High Court Invalidates Geico Underinsured Claim Provision

By | November 14th, 2024|Uncategorized|Comments Off on New Hampshire High Court Invalidates Geico Underinsured Claim Provision

A claim provision requiring insureds to seek underinsured benefits from their auto insurer within three years of an accident is unenforceable in New Hampshire because it restricts the insureds’ right to obtain the same benefits they would have received if …

14 11, 2024

Massachusetts Still Battling Brush Fires as Drought Conditions Persist

By | November 14th, 2024|Uncategorized|Comments Off on Massachusetts Still Battling Brush Fires as Drought Conditions Persist

Massachusetts remains under a red flag warning as multiple brush fires continue to burn across the state. The warning issued by the National Weather Service indicates that the fires now burning are at high risk of spreading and more difficult …

14 11, 2024

Intact Financial Acquires Canada’s No. 1 Home Maintenance App

By | November 14th, 2024|Uncategorized|Comments Off on Intact Financial Acquires Canada’s No. 1 Home Maintenance App

Intact Financial Corp., the Toronto-based property-casualty insurer, announce that it has acquired Jiffy Inc., Canada’s No. 1 home maintenance app. Through this acquisition, Jiffy will have the platform and capabilities to accelerate expansion of its services across more Canadian jurisdictions …

14 11, 2024

PE Firm Cornell Sued Over $345 Million Instant Brands Dividend

By | November 14th, 2024|Uncategorized|Comments Off on PE Firm Cornell Sued Over $345 Million Instant Brands Dividend

Cornell Capital LLC, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in order to extract a $345 million dividend that helped drive the Instant Pot maker into bankruptcy. A trustee filed suit Wednesday …