News

Moody’s ESG Notes ‘Death and Destruction’ from Climate Change

A new report from Moody’s ESG Solutions drives home the point that climate change is here and now, and it is already causing death and destruction. The report from Natalie Ambrosio Preudhomme, assistant vice president-outreach & research, for Moody’s ESG …

6th Circuit: Insurer’s Hefty Penalty on Employer’s Audit Non-Compliance Will Stand

A workers’ compensation insurance company’s hefty penalty against its non-compliant insured will likely stand, after a federal appeals court found that the matter was governed by state insurance regulators, not by the courts. In Granite State Insurance Co. vs. Star …

Actuaries: Climate Change, WUI Building Led to Worsening Wildfires in U.S. and California

Increasingly large and dangerous wildfires are being driven by the effects of climate change and more building in the wildland-urban interface, and while that notion may not be entirely new, the scope of the increase laid out on Thursday by …

Investor Ancora Wants Massachusetts Software Firm Everbridge to Explore Sale

Ancora Holdings Group, an investor in software maker Everbridge, is pressuring the Massachusetts software company to explore strategic alternatives including a sale of the firm, claiming that it is underperforming under current management. Cleveland-based investment firm Ancora, which owns about …

Peloton Capital Makes Strategic Investment in Ohio’s Unison Risk Advisors

Unison Risk Advisors (URA) announced a strategic investment partnership with Peloton Capital Management (PCM), a Canadian private equity firm based in Toronto. This deal is expected to close March 31. Ohio-based URA was established in 2020 through the strategic merger …

Ohio Explosives Manufacturing Operator to Pay $2.3 Million Over Clear Water Act Violations

Austin Powder Company, owner and operator of the Red Diamond explosives manufacturing plant located near McArthur, Ohio, has agreed to implement significant upgrades to that facility’s wastewater treatment operations to resolve numerous Clean Water Act violations. It will also pay …

Seafood Chain to Pay $200K over Sexual Harassment Suit in Illinois

Long John Silver’s will pay $200,000 and furnish other relief to settle a sexual harassment lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The EEOC charged that Long John Silver’s violated federal law when …

Bus Carrying College Golf Teams Crashes in Texas, Leaving 9 Dead

A vehicle carrying members of the University of the Southwest’s golf teams collided head-on with a pickup truck in West Texas, killing nine people, authorities said. The vehicles collided the night of March 15 in Andrews County and Sgt. Steven …

OSHA Fines Postal Service After North Carolina Worker Loses Arm

The U.S. Postal Service said it is continuing to investigate an accident at a North Carolina distribution center in September that caused an employee to lose an arm after touching a machine, the federal agency said Monday. The U.S. Postal …

County in California Paying $3.8M in Stun Gun Death

The Los Angeles County Board of Supervisors agreed to pay $3.8 million to the family of a man who died after a sheriff’s deputy shocked him with stun gun seven years ago. Relatives of Brian Pickett alleged in a lawsuit …

News Archives by Month