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McKinsey Faces US Criminal Probe Over Opioids Work, Sources Say McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fueling the opioid epidemic, with federal prosecutors homing in on its work advising OxyContin maker Purdue Pharma and …
POSTED APRIL 25, 2024 5:34 AM |
Viewpoint: Insurers Face Added Role in Curbing Workplace Violence With California Law New legislation aimed at reducing workplace violence in California vastly increases employers’ responsibilities and hands workers’ compensation insurers an unprecedented oversight role that is likely to trigger lawsuits and affect rates and capacity. The Workplace Violence Prevention Bill SB 553, …
POSTED APRIL 25, 2024 5:15 AM |
4,800 Claims Handled by Unlicensed Adjusters in Florida after Irma, Lawsuit Says Two south Florida lawsuits against property insurers argue that two major carriers have employed a business strategy of hiring inexperienced or even unlicensed claims adjusters after storms, practices that have led to “lowball” damage estimates that fall below deductibles. In …
POSTED APRIL 25, 2024 5:01 AM |
PCF Insurance in Utah Secures $400M in Financing PCF Insurance Services in Utah closed $400 million in incremental debt financing led by Blue Owl. The financing was materially oversubscribed and was upsized from $300 million to $400 million in response to demand from new and existing lenders. The …
POSTED APRIL 25, 2024 5:00 AM |
Ex-Nebraska Women’s Basketball Assistant Denies Sexual Relationship With Player Who Sued OMAHA, Neb. (AP) — Former Nebraska women’s basketball assistant coach Chuck Love denied ever having a sexual relationship with former Cornhuskers player Ashley Scoggin but acknowledged in a court document that he did meet with her late at night in …
POSTED APRIL 25, 2024 5:00 AM |
Youth, Environmental Groups Sue Maine to Force Action on Climate A youth organization and a pair of environmental groups are suing the state of Maine to try to force the state to reduce carbon emissions in the era of climate change. Maine Youth Action, the Conservation Law Foundation and the …
POSTED APRIL 25, 2024 5:00 AM |
People Moves: Folk Joins Alliant; Law Firm Clyde & Co. Adds Maroney Timothy Folk has joined Alliant Insurance Services, headquartered in Irvine, California, as executive vice president, Alliant Specialty, in the firm’s agribusiness industry vertical. Folk focuses on food and beverage manufacturers and distributors and maintains a healthcare focus on aging services …
POSTED APRIL 25, 2024 5:00 AM |
Jury Rules BNSF Contributed to 2 Deaths in Montana Town Where Asbestos Sickened Thousands A federal jury said BNSF Railway contributed to the deaths of two people who were exposed to asbestos decades ago when tainted mining material was shipped through a Montana town where thousands have been sickened. The jury awarded $4 million …
POSTED APRIL 25, 2024 5:00 AM |
People Moves: Liberty Names Rubin Senior Vice President, Benefits The Liberty Company Insurance Brokers named Neal Rubin senior vice president, benefits. Rubin is based in Irvine, California. Rubin has more than 40 years of experience in the Southern California employee benefits sector. He spent seven years as vice president …
POSTED APRIL 25, 2024 5:00 AM |
GM Ends OnStar Driver Safety Program After Privacy Complaints General Motors Co. has ended its OnStar Smart Driver program after customers complained it violated their privacy. OnStar had cut deals with LexisNexis and Verisk to share personal driving data as part of the program, which they then shared with …
POSTED APRIL 25, 2024 4:11 AM |
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