Monthly Archives: <span>April 2022</span>

Russia May Be Forced to Cannibalize Half Its Planes for Spare Parts: Kommersant

Russia may be forced to ground between half and two-thirds of its commercial aircraft by 2025 in order to cannibalize them for spare parts, Kommersant newspaper reported, citing an unidentified person at the Transport Ministry. In the ministry’s base case, …

EasyJet Cancels Leases on Russia-Owned Jets in Rare Sanctions Anomaly

EasyJet Plc terminated rental contracts on six Airbus SE jets owned by a Russian state leasing company in a rare example of sanctions depriving a European carrier of aircraft. EasyJet canceled the leases on the A319 narrowbodies owned by a …

Japan Officials Investigate Previous Accidents of Operator of Sunken Japan Tour Boat

TOKYO (AP) – The head of the company that operated a tourist boat that sank off northern Japan with 26 people aboard said Wednesday he approved the trip despite a broken communication device and forecasts of rough weather, as officials …

‘Going and Coming’ Rule Gets a Little More Focused, Florida Court Decides

A Florida appeals court has put a fine point on the still-evolving “going and coming rule” in workers’ compensation law. The 1st District Court of Appeal found that a man injured on his way to a jobsite was not due …

Cross Insurance Acquires Humphrey, Byfield Agencies in Coastal Massachusetts

Cross Insurance announced the acquisition of Newburyport, Massachusetts-based Harold Humphrey Insurance Agency, Inc. and its sister agency, Byfield Insurance Agency, Inc., both offering personal and small business coverage. Cross also announced the opening of a Newburyport branch office located at …

Former California Insurance Agent Sentenced for Stealing Premiums

Formerly licensed insurance agent Narek Harutyunyan, 31, of Camarillo, California, was sentenced this week in Ventura County Superior Court on two felony counts of grand theft after Harutyunyan reportedly stole insurance premiums from clients, leaving them uninsured and one business …

$18M Settlement in Fatal California Lamborghini Crash Involving Teen

The family of a woman killed when a 17-year-old driver crashed his father’s Lamborghini into her car in Los Angeles has reached an $18.85 million settlement in the case, attorneys announced. Monique Munoz, 32, was on her way home from …

Takeaways from Our Conversation on Cannabis D&O

Directors and officers insurance is pricey and difficult to obtain in most business sectors, but by some accounts cannabis businesses may pay up to 50% more in premiums for D&O – if they can get it. A Fitch report out …

Maine’s Long-Time Chamber of Commerce Leader Stepping Down

The longtime president of the Maine State Chamber of Commerce and one of the best known advocates for businesses in the state said this week that he will soon step down. Dana Connors has led the chamber for almost three …

‘Malicious’ Attacks on French Fiber Networks Cause Internet Outages

Attacks on long-distance fiber-optic cables caused internet outages in several parts of France, carriers SFR and Free said on Wednesday. The cyber section of the Paris public Prosecutor’s office opened a criminal investigation, a spokesperson told Bloomberg. The probe has …