Tesla Inc. Chief Executive Officer Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker in 2016 to acquire SolarCity Corp, where Musk was chairman and the largest shareholder, a Delaware judge ruled on Wednesday. Tesla …
While investment analysts continue to track commercial insurance rate hikes for property/casualty insurance carriers, exposure growth was an important contributor to a top-line record for the first quarter at W.R. Berkley Corp., the specialty carrier’s CEO said. Speaking on an …
COVID-19 was the leading cause of work-related fatalities in Washington for the second straight year, accounting for one-fourth of the 106 workers who died, according to the Washington State Department of Labor & Industries. L&I’s claim records show 26 people …
Editor’s note: This story is based an Insurance Journal webinar, which is available on-demand. A longer version of this article is set to appear in the Insurance Journal May 16 print edition. Compliance in the cannabis industry presents a different …
The California Labor Commissioner’s Office cited Torrance Car Wash more than $800,000 for wage theft violations affecting 35 workers, including minimum wage, overtime and contract wage violations. An investigation reportedly found that some people worked beyond 80 hours per pay …
A Massachusetts man said in a lawsuit filed Monday that he was wrongfully charged with murder based on his race and what his attorneys called fabricated evidence. Dana Gaul, 43, said in the federal suit against the city of Worcester …
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) recognized Tyler Beverages with the Lone Star Safety Program Award for its exemplary workplace health and safety programs and low rates of work-related injuries and illnesses. Tyler Beverages bottles and …
All Property & Casualty insurers in Oklahoma will face a $150 assessment to fund the Oklahoma Market Assistance Program (OK-MAP) Plan of Operation, the Oklahoma Insurance Department announced this week. The OK-MAP Plan of Operation and the Oklahoma Insurance Code …
Michael Chang, former CEO of Sompo International’s Global Risk Solutions business, has been hired by WTW as head of Corporate Risk and Broking (CRB) North America. Chang was at Sompo for six years, where he was also co-leader of Global …
As the number of catalytic converter thefts has soared nationwide, one Alabama auto repair shop has begun building anti-theft cages that cover the pollution-control devices. Dean and Cory Parker, owners of Dean’s Auto & Exhaust in Daphne, Alabama, said they’ve …
