Former McDonald’s workers who alleged rampant sexual harassment at their Michigan restaurant have reached a $1.5 million settlement agreement with the restaurant’s former owner. The American Civil Liberties Union’s Women’s Rights Project, which helped represent the employees, announced the settlement …
The world’s cities are a big driver of planet-warming emissions but can play a major role in addressing climate change in the near future. U.N. scientists on Monday laid out ways to rein in emissions and curb climate change, including …
It appears there were more tornadoes across the U.S. this year in the month of March than ever before – possibly by a large margin. According to the National Oceanic and Atmospheric Administration’s National Weather Service Storm Prediction Center, there …
With institutional investors providing the bulk of the capital, RenaissanceRe Holdings has announced the creation of a new joint venture dedicated to casualty and specialty risks. Launched with $475 million of capital, the venture—Fontana Holdings L.P.—targets institutional investors, who contributed …
Four major British housebuilders have signed a government-backed safety pledge to remove flammable roof coverings from buildings which came into focus after the deadly Grenfell Tower fire in London. The country’s second-largest and third-largest homebuilders, Persimmon and Taylor Wimpey, said …
Many more Russian-flagged vessels than usual switched their flags to other countries in March, possibly to conceal their ties to Moscow and avoid being caught up in sanctions over the invasion of Ukraine, according to maritime consultancy Windward Ltd. A …
A Dominica-flagged cargo ship sank on Tuesday in the besieged southern Ukrainian port city of Mariupol after being targeted by Russian missile strikes, the vessel’s flag registry said. The Azburg was believed to have been without cargo and at berth …
Hub International, an insurance brokerage firm, has acquired JAG Investment Partners and its JAG Insurance Group, based in Coral Gables, Florida, the company announced. JAG Insurance specializes in insurance products and consulting for a number of industries, including hospitality, non-profit …
Jimcor Hires Becotte Jimcor Agency Inc., a national wholesale broker and managing general agent, has hired Michael Becotte as a commercial lines underwriter for the Southeast, based in Cumming, Georgia. Becotte has more than 35 years experience, including eight in …
Property insurance companies and roofers in Florida don’t often see eye-to-eye. Insurers have frequently blamed unscrupulous contractors for jacking up claims, and roofing companies have sued insurance carriers, blaming them for systematically denying roof work. So it may come as …
