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Global Shipping Industry Pushes to Rescue Seafarers Trapped in Ukraine

Just under 500 seafarers remain stuck onboard 109 ships at Ukrainian ports – skeleton crews who were left on board to enable their crew mates to be evacuated amid the conflict with Russia, shipping officials said on Friday. Those remaining …

Howden, Munich Re and Skyline Develop Parametric Cover for Jamaica Farmers

Howden, the London-based insurance broker, has worked with Munich Re and Skyline Partners to develop a product that protects the Jamaican Co-operative Credit Union League (JCCUL) against non-repayment of micro-loans from farmers in the event of extreme weather. Approximately 100,000 …

Supreme Court Rules Against Discrimination Claim for Emotional Distress

The Supreme Court on Thursday upheld the dismissal of a discrimination lawsuit filed by a deaf, legally blind woman against a physical therapy business that wouldn’t provide an American Sign Language interpreter for her appointments. In a 6-3 ruling with …

Intact Financial Corp. and Tryg Complete Sale of Codan Denmark to Alm. Brand

Intact Financial Corp. and Tryg A/S have completed the sale of Codan Forsikring A/S’ Danish business to Alm. Brand A/S, after receiving all required approvals. On June 11 2021, it was announced that Codan DK would be acquired by Alm. …

Brown & Brown Agrees to Acquire Dublin’s Quinlan Insurance

Brown & Brown Inc. announced it has entered an agreement to acquire the general insurance operations of Quinlan Insurance. Financial details of transaction, which is expected to close in late June 2022, were not disclosed. The deal is subject to …

Tornado Rips Through Kansas; 3 Meteorology Students Killed in Crash

A tornado that barreled through parts of Kansas destroyed or damaged hundreds of homes and buildings, injured several people and left more than 15,000 people without power, officials said Saturday. In addition to wreckage from the tornado itself, three University …

Musk-Owned Twitter Will Have to Follow EU’s Rules: Commissioner

A top EU official doesn’t expect to have a problem with Elon Musk, who is pursuing a free-speech agenda in his takeover of Twitter Inc., so long as the billionaire follows the region’s content rules. European Commissioner Thierry Breton warned …

EY Sued in UK for Alleged Negligence in Audits of Troubled Hospital Operator, NMC

The administrators of NMC Health PLC have filed a lawsuit against EY in the United Kingdom for alleged negligence on the audit work it did for the troubled hospital operator between 2012 to 2018, a spokesperson said. NMC, which used …

Pro-Russian Hacking Group Attacks Romanian Websites

Romanian government websites and other institutions were the target of a cyber attack Friday morning that the nation’s intelligence agency attributed to a pro-Russian hacking unit. The hacker group known as Killnet claimed credit for so-called distributed denial-of-service attack, which …

McKinsey Chief Says Firm Failed to Identify Opioid Epidemic

The head of McKinsey & Co. acknowledged that it failed to see the opioid epidemic unfolding while simultaneously doing work for drug regulators and makers of painkillers including OxyContin in his first appearance before lawmakers investigating the consulting firm’s actions. …

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