Monthly Archives: <span>September 2020</span>

One80 Intermediaries Acquires New Jersey’s Equinox Management Group

One80 Intermediaries, a national wholesale broker, program manager and insurance aggregator headquartered in Boston, Mass., has acquired the Equinox Management Group and its affiliates Meridian Management Group and Co-Ordinated Benefit Plans. Terms of the deal were not disclosed. Equinox Management …

Mass. Court Rules Statute of Limitations, Fair Report Privilege Apply in Defamation Case

A Massachusetts appeals court has ruled in favor of an online newspaper in a defamation case, holding that the statute of limitations and fair report privilege apply to articles the newspaper published regarding two incidents of domestic violence. This comes …

More Than 40 Crew Members Missing After Ship with 6,000 Cattle Capsizes Off Japan

More than 40 crew members were missing after a ship carrying cattle from New Zealand to China capsized in stormy weather in the East China Sea, the Japanese coastguard said on Thursday. A lone crew member from the Gulf Livestock …

McDonald’s Has a Trademark Beef With Australia’s Hungry Jack’s ‘Big Jack’

Global fast food giant McDonald’s Corp. has filed a trademark infringement notice in Australia after the local unit of Burger King created a similar product called the “Big Jack,” according to a local newspaper report on Thursday. Australian franchise Hungry …

Internet Companies Urge FCC to Reject Trump Rules on Social Media Liability

A group representing major internet companies including Facebook Inc., Amazon.com Inc. and Alphabet Inc.’s Google on Wednesday urged the Federal Communications Commission (FCC) to reject a Trump administration bid to narrow the ability of social media companies to remove objectionable …

Advisor Drops Opposition to Tesla Director After Change in D&O Insurance

Proxy advisory firm Glass Lewis said late on Tuesday it had recommended Tesla Inc.’s investors to vote in favor of re-electing Chairwoman Robyn Denholm after having earlier opposed her re-election in June. Glass Lewis said its recommendation changed due to …

Second Fire Erupts on Indian Oil Corp. Tanker Off Sri Lanka Coast

A new fire broke out on a supertanker carrying about 2 million barrels of oil in the Indian Ocean off the east coast of Sri Lanka, spokesmen for the country’s navy said on Thursday, adding that one of its 23 …

Former Australia Bank Unit Sued Over Insurance Commissions

Commonwealth Bank of Australia (CBA) said on Thursday a class action lawsuit had been filed over commissions paid to its former subsidiary and advice given by it on financial products including insurance. The lawsuit was filed by Piper Alderman against …

Bailey Named CEO of Zurich UK, Succeeding Naidu Who Becomes CEO of Asia-Pacific

Zurich UK announced that Tim Bailey, who is currently group chief operating officer for EMEA, will take on the role of UK CEO subject to board and regulatory approvals. He will succeed the current UK CEO Tulsi Naidu who will …

CRC’s Johnston Joins RT Specialty to Establish Alabama Office

R-T Specialty, LLC has hired senior property broker J. Mason Johnston to establish the wholesale broker’s Birmingham, Ala., office, where he will serve as president. Johnston is a property and builder’s risk specialist and joins RT Specialty from CRC Insurance …