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New York City to Settle Lawsuit Over Wrongful Murder Conviction for $10.5M

New York City will pay $10.5 million to settle a federal civil rights lawsuit filed by a man who spent 24 years in prison on a murder conviction that was overturned after a witness who had placed him at the …

Vermont Financial Services Regulator Pieciak Announces Run for State Treasurer

Vermont’s former chief financial services regulator, Mike Pieciak, announced last Friday that he is running to be state treasurer. Pieciak made the announcement in Montpelier just days after stepping down from his post as commissioner of the Department of Financial …

Rescuers Search for Survivors After Powerful Explosion at Havana Hotel

Relatives of the missing in Cuba’s capital desperately searched Saturday for victims of an explosion at one of Havana’s most luxurious hotels that killed at least 26 people. They checked the morgue, hospitals and if unsuccessful, they returned to the …

Oklahoma Construction Company Faces $370,000 OSHA Penalty

An Oklahoma construction company faces proposed penalties of $370,347 after a U.S. Department of Labor Occupational Safety and Health Administration (OSHA) investigation found that the company failed to prevent a sudden start-up of a conveyor system that contributed to an …

Intuit to Pay $141 Million to Settle TurboTax Deception Claims

Intuit Inc agreed to pay $141 million in restitution to settle claims by all 50 U.S. states and Washington, D.C., that it tricked millions of customers into buying online TurboTax products that the company deceptively advertised as “free.” Wednesday’s settlement …

Texas DWC Seeks Comments on Amendments to Death Benefits Rule

The Texas Department of Insurance (TDI), Division of Workers’ Compensation (DWC) announced May 5 plans to amend 28 Texas Administrative Code ยง132.17, concerning Denial, Dispute, and Payment of Death Benefits. The amendments make updates for plain language and agency style …

AM Best Assigns Credit Rating to Nebraska’s Omaha National

Omaha National Group, Inc., a tech-enabled provider of workers’ compensation insurance and payroll services, announced that AM Best has assigned the Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Omaha National Insurance …

Report: Michigan 2020 Dam Failures Were ‘Preventable’

The failure of two Michigan dams that forced evacuation of 10,000 people and destroyed 150 homes was “foreseeable and preventable,” resulting from errors and miscalculations over nearly a century, an expert panel said Wednesday. The Edenville Dam on the Tittabawassee …

Hub Acquires Illinois’ Alta Actuaries And Consultants

Hub acquired the APEX Global Benefit Management system and related assets from Alta Actuaries and Consultants, LLC (Alta), which consist of cutting-edge technology and global research solutions. Terms of the transaction were not disclosed. Headquartered in Chicago, Illinois, Alta is …

Tornadoes Hit Texas, Oklahoma; More Storms in Forecast

A springtime storm system spawned several tornadoes that whipped through areas of Texas and Oklahoma, causing damage to a school, a marijuana farm and other structures. There were no reports of serious injuries following the Wednesday night tornadoes, but the …

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