March 16, 2022
McGriff, a Charlotte, North Carolina-based insurance broker and a subsidiary of Truist Holdings, announced new appointments and new roles for managers at the company. Kyle Samuel, who previously was president of M&T Insurance Agency in Buffalo, New York, has been …
March 16, 2022
Plaintiffs are decrying potential delays involved in law firms ditching sanctioned clients mid-litigation Leaving clients in court is ultimately up to a judge, and timing matters Several major law firms have said they will stop working for sanctioned Russian companies …
March 16, 2022
Last year, Virginia lawmakers passed one of the most restrictive bans in the country on the use of facial recognition technology, barring local police departments and campus police from purchasing or using the technology unless explicitly authorized by the legislature. …
March 16, 2022
According to a new survey from professional services firm BDO, about two-thirds of middle-market CFOs think implementing an environmental, social and governance (ESG) plan will benefit financial performance in the long term. “Expectations of business have changed,” BDO said in …
March 16, 2022
A jury awarded more than $100 million this week to some of the victims of a tower crane collapse that killed four people in Seattle in 2019. Workers were disassembling the 300-foot crane in strong wind gusts when it fell …
March 16, 2022
A La Pine, Oregon, man is suing St. Charles Health System in Bend for $43.5 million after complications from brain surgery left him paralyzed. Jackie Dale Yeley filed the lawsuit in Deschutes County Circuit Court, through attorneys with the Barton …
March 16, 2022
Global drugmakers condemned on Wednesday an initiative by four World Trade Organization members to introduce an intellectual property waiver for COVID-19 vaccines, saying it could undermine the industry’s ability to respond to health crises in future. The United States, the …
March 16, 2022
The $1.5 trillion government funding package that President Joe Biden signed Tuesday includes sweeping cybersecurity legislation that will require critical infrastructure operators to quickly report data breaches and ransomware payments. The new law mandates that companies report hacks to the …
March 16, 2022
Lloyd’s of London has fined syndicate member Atrium Underwriters over one million pounds ($1.31 million) for bullying and harassment, the largest fine it has imposed for misconduct, the commercial insurance market said on Wednesday. Lloyd’s said in its “notice of …
March 16, 2022
Munich Re is joining other insurers, reinsurers and brokers that have withdrawn from business with Russia. Condemning Russia’s attack on Ukraine and supporting the sanctions, Munich Re said it will not renew existing contracts in Russia and Belarus, and new …