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

China Regulators Step Up Scrutiny of Online Insurance Platforms in Widening Crackdown

China’s banking and insurance watchdog is stepping up scrutiny of the nation’s insurance technology platforms, widening a regulatory dragnet that has roiled global investors. The regulator ordered companies and local agencies to curb improper marketing and pricing practices, and step …

Tyson Farms Agrees to $3M Settlement for Causing 2019 Alabama Fish Kill

A $3 million settlement has been reached with Tyson Farms, Inc. over a 2019 wastewater spill that killed an estimated 175,000 fish _ one of the largest recorded fish kills in Alabama history, Attorney General Steve Marshall said Wednesday. The …

Global Insured Disaster Losses Reach US$42B in H1 as 2nd Highest on Record: Swiss Re

Estimated insured losses from natural catastrophes reached US$40 billion during the first half – driven by a deep winter freeze, hailstorms and wildfires, while man-made disasters triggered another estimated US$2 billion of insured losses, according to Swiss Re. The loss …

Jury: North Dakota Hotel Not Civilly Responsible for Deadly Fight

A jury has reached a verdict in a civil case involving a Fargo hotel and a fatal fight outside its doors. Jurors decided The Hotel Donaldson is not responsible for paying damages to the widow of the man who died …

Increasing COVID-19 Vaccination Rates in Florida, Texas Could Have Saved 4,700 Lives Through July

The success of COVID-19 vaccination campaigns in many states demonstrates the real-world feasibility, and impact, of achieving high vaccination coverage. By the end of July, the five highest-performing states — Vermont, Connecticut, Massachusetts, Maine, and Rhode Island — had fully …

Overheated, Underprotected: Climate Change Is Killing U.S. Farm Laborers

Florencio Gueta Vargas showed up for his usual shift at a hops farm in Toppenish, Washington, on Thursday, July 29. The father of six would never make it home. It was a sweltering day with temperatures topping 100 degrees Fahrenheit …

UnitedHealth Pays Restitution, Fine to Settle Charges It Illegally Denied Coverage

UnitedHealth Group Inc., the largest U.S. health insurer, has settled federal and New York state charges it illegally denied coverage to thousands of patients suffering from mental health problems and substance abuse. The U.S. Department of Labor said on Thursday …

Pass Measures to Lower Prescription Drug Prices, Biden Urges Congress

President Joe Biden on Thursday called on U.S. lawmakers to enact legislation aimed at lowering drug prices, including allowing Medicare to negotiate drug prices and imposing penalties on drugmakers that hike prices faster than inflation. The Democratic president’s remarks laid …

McDonald’s Franchise Settles Workers’ COVID-19 Lawsuit

A McDonald’s Corp. franchise in Oakland, California, has agreed to take steps to protect workers from COVID-19 to settle a 2020 lawsuit claiming managers gave employees dog diapers and coffee filters to use as face masks. The franchise said in …

Do’s and Don’ts of Smart Contract Bidding

This post is part of a series sponsored by Old Republic Surety. As a surety bond producer at your independent agency, you are likely the professional closest to your construction client’s bid process, along with a construction accountant and attorney. …