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Former Citigroup Exec Suing Bank Was Fired for Performance, Company Says

Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she said were attempts by the bank to give regulators false information. On Thursday, the bank responded to a lawsuit filed …

Microsoft, Cyber Firms to Meet on Fixes After CrowdStrike Crash

Microsoft Corp. is planning a meeting next month with cybersecurity companies that operate at the core of its Windows systems to discuss ways in which they can keep last month’s worldwide computer crash from happening again. Cyber companies — including …

Mailing a Letter, in Context With Other Clues, Is Sufficient Cancellation – NC High Court

Simply mailing a cancellation notice to a policyholder, when viewed in the context of other indicators, was enough to comply with state law and void a homeowner’s insurance policy just weeks before a fire destroyed a home, the North Carolina …

FCBI, a Florida Workers’ Comp Fund, Acquires MidSouth Mutual in Tennessee

FCBI, a self-insurance fund founded 45 years ago to provide workers’ compensation plans to Florida citrus growers, is expanding well beyond the Sunshine State with the acquisition of MidSouth Mutual Insurance Co. in Tennessee. MidSouth has been demutualized and has …

J&J in Talks With Holdouts to $6.5 Billion Talc Settlement

Johnson & Johnson said on Friday it is negotiating with plaintiffs’ lawyers who have opposed the company’s proposed settlement of lawsuits alleging its baby powder and other talc products caused cancer, seeking to eliminate holdouts to the deal. J&J has …

Worker Dies After Excavator Is Buried Under Rocks at Massachusetts Quarry

A worker was killed last Thursday morning after a portion of a rock ledge collapsed onto an excavator with the worker inside, burying it under rocks and boulders at a quarry site in Massachusetts. Firefighters and other rescue agencies responded …

Crest Insurance Acquires Benefits Specialist DWA in Arizona

Crest Insurance Group acquired Dan Weinstein and Associates in Scottsdale, Arizona. DWA principal Dan Weinstein, who has more than 20 years of industry experience in the group benefits space, will join Crest along with the DWA staff. DWA is an …

Jury Sides With Teacher in Suit Against District Over Jan. 6 Rally

A Pennsylvania school district violated a teacher’s constitutional rights by falsely suggesting he took part in the U.S. Capitol riot on Jan. 6, 2021, a federal jury has concluded. After an 11-day trial, jurors found the Allentown School District retaliated …

Medical Marijuana User Fired After Drug Test Loses Unemployment Benefits Appeal

A Vermont man who was fired from his job after he said a random drug test showed he used medical marijuana while off duty for chronic pain has lost his appeal to the Vermont Supreme Court over unemployment benefits. Ivo …

Fires Spotted on Red Sea Tanker Drifting With Oil on Board

The UK Navy said that three fires have been observed on a ship attacked in the Red Sea earlier this week. The Sounion’s crew were evacuated from the ship in the past few days after the vessel was struck by …

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