Monthly Archives: <span>March 2021</span>

Pennsylvania Gas Driller to Pay $1.9M for Damage to Wetlands, Waterways

One of the most active natural gas exploration firms in Pennsylvania has agreed to pay $1.9 million after it disclosed in 2014 that its construction work had damaged waterways and wetlands, without proper permits, according to paperwork filed in federal …

People Moves: Cole from XS Brokers to Rockwood; Westchester’s Roberts, Fred C. Church’s Sanderson Promoted

Rockwood Programs Names Cole as Chief Marketing Officer Rockwood Programs Inc., a full-service managing general agency, has appointed Carol Cole to chief marketing officer. In this role, Cole is responsible for marketing employment practices liability, insurance agents errors and omissions, …

Despite Soy Rally, Farmers Bet on Corn Backed by High Crop Insurance Guarantee

CHICAGOβ€” A 45% rally in soybean prices in 11 months was not enough to convince South Dakota farmer DuWayne Bosse to give up any corn acreage on his farm this spring. “For our farm, we are looking at maxing out …

Boeing Directors Seek Dismissal of Investors’ Lawsuit Over 737 MAX Safety

Boeing Co. asked a Delaware court to throw out a shareholders’ lawsuit over the safety of its 737 MAX following fatal crashes, saying the board engaged in “robust and well-established” oversight of jet’s development. In an amended complaint unsealed in …

Guy Carpenter Launches Asia Pacific Capital Advisory Group

Guy Carpenter & Co., reinsurance specialist and a unit of Marsh McLennan, announced the launch of its Capital Advisory Group in Asia Pacific, with the appointments of Michael Owen and Hussain Ahmad to lead this new operation. The capital pressures …

Japan Chipmaker Renesas Says Normal Production at Fire-Hit Plant to Take 100-120 Days

TOKYO – Japanese chipmaker Renesas Electronics said on Tuesday it would take at least 100 days to get back to normal production at its fire-hit plant, even as the government urged some Taiwanese companies to help with alternative chip production. …

Britain Shouldn’t Blindly Adopt EU Rules Just to Keep Business in London: BoE’s Brazier

LONDON – Britain should not be “short-sighted” and copy European Union rules just to keep financial activity in London, Bank of England executive director for financial stability Alex Brazier said on Monday. The City of London was cut adrift from …

Florida School District to Pay $2M Over Chicken Nugget Choking Death of Student

The family of a 19-year-old student with autism will receive a $2 million settlement from a Florida school district a year and a half after he choked on a chicken nugget and died. The settlement approved by the Palm Beach …

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

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 …

Illinois Governor Vetoes Personal Injury Prejudgment Interest Legislation

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 …