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Lawsuit Says Elevator That Killed Teen in Atlanta High-Rise Wasn’t Properly Inspected

The mother of a young football player who became trapped in the elevator of an Atlanta high-rise and was crushed to death is suing several property and elevator companies. In a lawsuit filed Thursday, Jessica Moore says the defendants failed …

Ex-Deputy, Sheriff in South Carolina Face Second Lawsuit Over Excessive Force

A sheriff and a fired deputy in South Carolina are facing a second lawsuit over the officer’s conduct during an arrest. The lawsuit said ex-Kershaw County deputy Johnathan Goldsmith threw the man against a car and then on the ground …

High Court Won’t Hear Mississippi Lawsuit Over Talcum Powder

The Supreme Court on Monday turned away a request by Johnson & Johnson to halt a Mississippi lawsuit over its talcum powder products. As is typical, the high court did not say anything in turning away the case, which was …

EEOC Addresses When COVID-19 May Be a Disability Requiring Accommodation

An applicant or employee whose COVID-19 results in mild symptoms that resolve in a few weeks—with no other consequences—will not have a disability that could make someone eligible to receive a reasonable accommodation, according to the Equal Employment Opportunity Commission …

UK Broker Ardonagh Valued at $7.5B as Abu Dhabi Investment Authority Buys Stake

Abu Dhabi Investment Authority has acquired a stake in Ardonagh Group in a transaction valuing the U.K. insurance broker at $7.5 billion. The sovereign fund joined as a new investor in Ardonagh alongside several other large global institutions, Ardonagh said …

KKR Nears Deal to Buy Stake in India’s Shriram General Insurance Ahead of IPO

KKR & Co. is nearing a deal to buy a 10% stake in Shriram Capital Ltd.’s general insurance unit for about 18 billion rupees ($237 million), according to people familiar with the matter, as the Indian financial group embarks on …

Arctic Region Broke Heat Record in 2020, U.N. Agency Confirms

An Arctic temperature record of more than 100 Fahrenheit (38 Celsius) was reached in a Siberian town last year during a prolonged heatwave that caused widespread alarm about the intensity of global warming, a U.N. agency confirmed on Tuesday. Verkhoyansk, …

Leading Marine Re/Insurers Join Push to Decarbonize Global Shipping

Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of carbon emissions from global shipping as pressure builds on the sector to go fully green. Last month countries including the United …

Update: Generali’s CEO Bets on Buyback, Dividend Hike, Bold Profit Goals to Keep Job

Italy’s biggest insurer Generali said it would stick to bold earnings goals for 2024, hike dividends and launch its first buyback in 15 years as Chief Executive Philippe Donnet’s bid to stay on faces opposition from two billionaire investors. Donnet’s …

Oklahoma Wildfire Destroys 5 Homes, 14 Barns

A wildfire that forced evacuations in rural southwestern Oklahoma last week destroyed five homes, 14 barns and nine vehicles, officials said Monday. Three of the burned homes were unoccupied, said Comanche County Emergency Management spokeswoman Amy Hawkins. The fire, which …

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