31 03, 2021

Former California Agent Arraigned After Allegedly Stealing from Client

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Formerly licensed insurance agent, Mandy Pruitt, 42, of Visalia, Calif., was arraigned today on one count of grand theft after she allegedly stole more than $4,400 from a client and used the money to pay for personal expenses. The alleged …

31 03, 2021

2020’s P/C Insurance Industry Results and What They Mean for 2021

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The most recent tallies of financial results by rating agency analysts reveal that the property/casualty insurance industry weathered the storms of catastrophe losses and COVID, with one segment actually reporting better combined ratios and higher income than in 2019. A …

31 03, 2021

Gen Xers Pass Boomers in Wealth; Inequality on Basis of Race Persists

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Crammed between the cultural extremes of the baby boomers and the millennials, members of Generation X saw their wealth jump during the Trump administration and through the coronavirus pandemic as they hit their prime earning years during a record bull …

31 03, 2021

City of London Financial Center Likely to See Most Workers Return After Pandemic

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LONDON – The City of London financial center, which has resembled a ghost town since the coronavirus swept the world last year, is likely to see most workers return to their offices after the pandemic, the City’s political leader said …

31 03, 2021

Houston Company to Pay $50.9K to Settle Federal Age Discrimination Suit

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A Houston-based engineering and construction company will pay a former employee $50,960 to resolve an age discrimination lawsuit, federal officials say. The lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), alleges Burrow Global Services LLC fired an employee …

29 03, 2021

Chubb ‘Disappointed’ in Hartford’s Rejection of Merger Offer, Talks

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Global insurer Chubb Ltd. today issued a statement that it is “disappointed that The Hartford chose not to engage in discussions regarding a strategic business combination.” However, the disappointed insurer said it will continue to seek opportunities for acquisitions. Chubb’s …

29 03, 2021

Former California Uber Driver Convicted of Raping Passengers

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A former Uber driver in Central California was found guilty of sexually assaulting and stealing from five passengers. Jurors took less than three hours to convict Alfonso Alarcon Nunez of 13 felonies, including three charges of rape, the San Luis …

30 03, 2021

Illinois Governor Vetoes Personal Injury Prejudgment Interest Legislation

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Illinois Gov. J.B. Pritzker has vetoed a bill that would have provided for prejudgment interest in the recovery of damages in personal injury or wrongful death lawsuits. House Bill 3360 “provides for the recovery of prejudgment interest on all damages …

29 03, 2021

Judge Considering Requiring PG&E in California to Turn off Power More Often

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A federal judge overseeing Pacific Gas & Electric’s criminal probation said Tuesday that he is considering requiring the utility to be more aggressive about turning off its electricity lines near tall trees, a plan that could double the number of …

30 03, 2021

‘Treating Us Like Robots’: Alabama Amazon Workers Seek Union

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Linda Burns was excited at first to land a job at the Amazon warehouse outside Birmingham, Alabama. The former nursing assistant had always enjoyed ordering from the company, Now, she would be working for them. A cog in a fast-moving …