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People Moves: McGriff Hires Marine and Energy Practice Leadership; IMA hires Chappell as Central Region Sales Leader

McGriff Hires SVP, Director and Producer for its Houston Marine and Energy Practice McGriff has added three new members to its growing Houston, Texas-based marine and energy practice. Joe Etzler joins McGriff as managing director with 17 years of experience …

Peloton Recalls Two Million Exercise Bikes For Seat Issue

Peloton Interactive Inc will recall 2.2 million exercise bikes due to the risk of injuries from a seat-related issue, the company said on Thursday, sending its shares down 7%. The voluntary recall piles on more pressure on Peloton as it …

$3.4M Fine Proposed for 2021 California Oil Pipeline Leak

An energy company should be fined nearly $3.4 million for safety violations involving a 2021 oil pipeline spill that fouled Southern California beaches, a federal regulator said. Amplify Energy Corp. ignored 83 alarms indicating the offshore pipeline had leaked and …

Insurtech Funding Up 38% Over Q4 2022: Gallagher Re

Insurtech funding increased nearly 38% from Q4 2022 to Q1 2023, from about $1 billion to about $1.4 billion, according to a new analysis released by Gallagher Re. The U.S. leads France and the UK as the nation funding the …

Norfolk Southern to Pay Ohio Homeowners Near Wreck

Norfolk Southern has recommitted to creating a fund for residents near the site of an Ohio train wreck that would cover any decline in home values since before the derailment earlier this year. In early February, 38 cars derailed in …

Four Injured in Explosion at Wisconsin Condominium Building

MADISON, Wis. (AP) – Four people were injured in an apparent explosion at a Madison condominium building Tuesday evening, the city’s fire chief said. One person was taken to an area hospital by ambulance, and three other people transported themselves …

Legislation to Govern AI Takes Another Step in Europe

European lawmakers came a step closer to passing new rules regulating artificial intelligence tools such as ChatGPT, following a crunch vote on Thursday where they agreed tougher draft legislation. The European Union’s highly anticipated AI Act looks set to be …

Alliant Acquires Texas’ McAnally Wilkins

Alliant Insurance Services has acquired McAnally Wilkins, LLC, a leading provider of property and casualty (P&C) insurance solutions for the oil and gas service industry. Based in Odessa, Texas, McAnally Wilkins provides insurance and risk management expertise as well as …

Facebook Fails in Bid to Get Cambridge Analytica Lawsuit Tossed

A judge ruled Facebook founder Mark Zuckerberg and other former directors of the social-media company must face claims they turned a blind eye to rampant privacy violations, including allowing a firm hired by Donald Trump’s 2016 presidential campaign to collect …

Minnesota on Verge of Banning Forever Chemicals

ST. PAUL, Minn. (AP) – Minnesota is on the verge of banning non-essential uses of “forever chemicals.” And lawmakers say they are naming the legislation after a woman who spent the last months of her life campaigning for restrictions that …

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