Monthly Archives: <span>January 2024</span>

Aviation Lessors Secure Settlements With Russia Totaling $2.5B for Trapped Planes

Aircraft leasing firms have secured settlements with Russia totaling more than $2.5 billion for over a quarter of the roughly 400 aircraft stuck in the country since Moscow’s invasion of Ukraine in 2022. In return, international lessors are handing ownership …

Louisiana Medical Group to Pay $480K Over Phishing Attack

The U.S. Department of Health and Human Services (HHS), Office for Civil Rights (OCR), last month announced that Lafourche Medical Group, a Louisiana medical group specializing in emergency medicine, occupational medicine, and laboratory testing, agreed to a settlement over a …

Bayer’s Billions in Roundup Verdicts Increase Pressure for New Legal Strategy

Bayer AG faces mounting pressure to come up with a new plan for handling its Roundup weedkiller litigation after getting hammered by US jury verdicts totaling almost $4 billion over the last three months. The German conglomerate’s latest courtroom loss …

Highway Repairs Underway in Ohio Following Tanker Truck Crash and Fuel Spill

MACEDONIA, Ohio (AP) — Authorities have identified the tanker truck driver killed in a crash in Ohio that spilled thousands of gallons (liters) of diesel fuel over the weekend as repairs to the highway continue. The Summit County medical examiner’s …

BMS Re’s CEO Chandler Steps Down to Become Vice Chair; Interim Co-CEOs Named

BMS Re, the specialty reinsurance arm of global broker BMS Group, announced that Andrew Wheeler and Russ McGuire have been appointed as interim co-CEOs of BMS Re. The appointments follow Pete Chandler stepping down as CEO and becoming vice chair …

Norfolk Southern Says Total Costs of East Palestine Derailment Up to $1.1B

Norfolk Southern’s fourth-quarter profit fell 33% because of the ever growing costs of the cleanup of last year’s fiery derailment in eastern Ohio, but the railroad did deliver 3% more shipments during the quarter and even without the costs related …

Wisconsin Ice Cream Plant Fined $145K for Safety Violations

Responding to a report of workers being exposed to anhydrous ammonia, federal investigators found a Madison, Wisconsin ice cream plant lacked sufficient process safety management procedures to control the release of hazardous chemicals. Exposure to anhydrous ammonia, used in the …

State Troopers Arrested for Alleged Commercial Driver’s License Bribery Scam

Two current and two former Massachusetts State Police troopers are among six charged in connection with an alleged conspiracy to give passing scores to certain Commercial Driver’s License (CDL) applicants, including individuals who had failed or did not take the …

Move to End Georgia’s Direct-Action Lawsuits vs. Trucking Insurers Gaining Steam

This year could be the year that Georgia joins most other states and repeals its direct-action law that has reportedly caused severe problems for trucking companies needing liability insurance. Several Georgia Republican legislative leaders and the state’s insurance commissioner said …

UK Navy Warns of Piracy Menace to Ships in Indian Ocean

The UK Navy posted an advisory to merchant ships in the Indian Ocean warning of pirate activity, a sign of a growing threat to a maritime industry that’s been coming under missile attacks near Yemen. Two so-called pirate action groups …