An auditor at PricewaterhouseCoopers LLP sued his employer over a serious head injury he suffered during a work event that “encouraged excessive consumption of alcohol.” Michael Brockie alleges in London suit that PwC failed to ensure his safety by allowing …
Ford Motor Co. was told by a jury to pay more than $1.7 billion over a 2014 rollover accident that killed a Georgia couple, a lawyer for the family said. Jurors delivered their verdict on punitive damages Friday following a …
Broker Marsh, a unit of Marsh & McLennan, said on Monday it was launching the world’s first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in the fight against climate change. As the …
New Zealand retained a state of emergency in parts of its flood-battered South Island on Sunday as authorities weighed damage in the region hardest hit by four days of torrential rain. Last week’s rains in northern and central areas forced …
Japan’s Hino Motors will suspend shipments of small trucks after confirming that a widespread data falsification scandal included those models, it said on Monday, highlighting deepening problems at the Toyota Motor Corp. unit. Truck and bus maker Hino’s President Satoshi …
AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of American Reliable Insurance Co. in Scottsdale, Arizona. American Reliable is a …
The Georgia insurance commissioner is publicly shaming one of the country’s largest auto insurers after the carrier announced an average 25% rate increase in the state. “I am angry and disappointed that Allstate has chosen to exploit a loophole in …
A Florida judge has declared a Florida law championed by Republican Gov. Ron DeSantis that restricts race-based conversation and analysis in business and education unconstitutional. Tallahassee U.S. District Judge Mark Walker said in a 44-page ruling that the “Stop WOKE” …
Lockton, a global brokerage firm that provides insurance and employee benefits, has named two new executives in its Tennessee region. Jay Brown, with 25 years of experience, will be president in Lockton’s Nashville and Memphis offices. He will oversee culture, …
Most insurers (68 percent) plan to increase staff during the next 12 months, while only 5 percent anticipate a reduction in the number of employees, according to the Semi-Annual U.S. Insurance Labor Market Study by The Jacobson Group. Overall recruiting …