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

Millennials, Women ‘Sandwiched’ as COVID-19 Shifts Caregiving Responsibilities

The demographics of the Sandwich Generation – those who care for both their children and aging parents – as well the financial responsibilities they face as a result of COVID-19— are changing. The Sandwich Generation has become increasingly younger, more …

Homes Destroyed in Multiple Alaska Mudslides

Homes are believed to have been destroyed and at least two people are unaccounted for after multiple mudslides in the Alaska community of Haines on Wednesday, authorities said. The largest slide, about 600 feet wide, hit early Wednesday afternoon and …

Justice Department Charges Facebook With Hiring Bias Against U.S. Workers

The U.S. Justice Department accused Facebook Inc. on Thursday of discriminating against U.S. workers, saying in a new lawsuit the social media giant has given hiring preferences to temporary workers, including those who hold H-1B visas. The Justice Department said …

Wind Whips up Wildfire in California Canyons, Residents Flee

Powerful gusts pushed flames from a wildfire through Southern California canyons on Thursday, one of several blazes that burned near homes and forced residents to flee amid elevated fire risk for most of the region that prompted utilities to cut …

Transit Worker Can Be Compensated, Cannot Sue Employer for Assault Injuries

A District of Columbia appeals court held that a Washington Metropolitan Area Transit Authority (WMATA) worker cannot sue his employer after requesting compensation under the Virginia Workers’ Compensation Act for an assault he suffered on the job. A district court …

Many Californians Being Left Without Homeowners Insurance Due to Wildfire Risk

Acquiring home insurance has long been a mundane but necessary chore. In California, for hundreds of thousands of residents, it’s turned into a labyrinthine quest that leaves people with expensive, bare-bones coverage. That’s because an increasing amount of Californians have …

SEC Fines Cheesecake Factory for Misleading Disclosures About COVID Financial Impact

The Securities and Exchange Commission said it has settled charges against The Cheesecake Factory Inc. for misleading disclosures about the impact of the COVID-19 pandemic on its business operations and financial condition. The SEC said the action is its first …

World Insurance Associates Acquires Virginia’s Tucker Insurance Service

World Insurance Associates LLC (WIA) has acquired Tucker Insurance Service Inc. of Falls Church, Va., on November 1, 2020. Terms of the transaction were not disclosed. Tucker was established in 1961. It is a full-service insurance agency committed to providing …

Arthur J. Gallagher & Co. Acquires North Star Insurance Services, North Star Marine

Arthur J. Gallagher & Co. has acquired Seattle-based North Star Insurance Services LLC and Fairhaven, Mass.-based North Star Marine Insurance Services LLC. Terms of the transaction were not disclosed. Founded in 2001, North Star Insurance Services is a full-service marine …

Car-Sharing Firm Turo Plans Partial Return to New York After 7-Year Insurance Dispute

Car-sharing startup Turo Inc. is returning to New York, seven years after leaving the state that was once its biggest market over a dispute with regulators about insurance rules. Turo, which allows vehicle owners to put their personal cars up …