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Minnesota Trucking Company to Pay $500,000 Settlement over Sex Discrimination Lawsuit

Stan Koch and Sons Trucking, based in Minneapolis, will pay $500,000 and furnish other relief to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission. According to the EEOC’s lawsuit, Koch’s use of the CRT Test, …

AbbVie Pays $200M to Settle Opioid Marketing Case Right Before Trial Ends

AbbVie Inc. agreed to pay $200 million to settle claims by New York that its Allergan unit helped fuel an epidemic of opioid addiction in the state, shortly before jurors heard closing arguments from remaining defendant Teva Pharmaceutical Industries Ltd. …

People Moves: Pathpoint Names Chi Head of Product; Lockton Adds Cahoon in Washington

Pathpoint Inc. named Melissa Chi head of product. Chi comes to Pathpoint from Stord where she was the director of product. Chi’s technology and startup background also includes experience as product manager at SigFig and product manager & capital markets …

Leavitt Group Northwest Acquires Employee Benefits Division of SCS in Washington

Leavitt Group Northwest acquired the employee benefits division of the SCS Insurance in Bellevue, Washington. The acquisition brings a staff of six, with Chris Allen at the helm. Allen was and will remain director of the EB business that comes …

Texas Surplus Lines Premiums Hits $685.5 Million in November

Texas surplus lines premiums amounted to $685.5 million in November, according to the Surplus Lines Stamping Office of Texas. Surplus lines premiums total $8.27 billion year-to-date, a 14.8% increase in year-to-date premiums compared to the same period in 2020. This …

Allianz to Raise Dividends by 5% Each Year From 2021

German financial services company Allianz said on Friday it would increase dividends by 5% each year from 2021 as it raised mid-term guidance, citing progress of its business simplification strategy. The company said it would give shareholders half of its …

Michigan Drivers to Receive $400 Refund Per Vehicle

All Michigan drivers with auto insurance will receive a $400 per-vehicle refund next year. Gov. Gretchen Whitmer and state regulators announced the dollar amount Tuesday, more than a month after she had requested the checks by citing a multibillion-dollar surplus …

Hub Acquires Louisiana’s Gregory Benefits & Consulting

Hub International Limited, a global insurance brokerage and financial services firm, has acquired the insurance brokerage assets of Gregory Benefits & Consulting LLC. Terms of the transaction were not disclosed. Located in Lake Charles, Louisiana, Gregory Benefits & Consulting provides …

WTW Hires AIG’s Dasan for Construction, Natural Resources; Bogardus Named Chubb’s President for Singapore; AXA XL’s Muzeya Joins Mosaic as Financial Institutions U/W

This edition of International People Moves details appointments at Willis Towers Watson, Chubb and Mosaic Insurance. A summary of these appointments follows here. WTW Hires AIG’s Dasan for Construction and Natural Resources Australasia Insurance broker Willis Towers Watson has appointed …

Whistleblower Claim Prompts SEC Probe of Tesla Over Solar Panel Fire Risks

The U.S. securities regulator has opened an investigation into Tesla Inc. over a whistleblower complaint that the company failed to properly notify its shareholders and the public of fire risks associated with solar panel system defects over several years, according …

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