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Toyota Settles Lawsuit That Blamed Employee’s Suicide on Overwork, Harassment

TOKYO (AP) – Toyota has settled a lawsuit that blamed overwork and harassment for the suicide of one of its employees. Toyota Motor Corp. President Akio Toyoda has apologized to the family, the Japanese automaker said Tuesday. Monetary details of …

Former U. of Michigan Students’ Lawsuit Accuses Ex-Professor of Sexual Misconduct

Students of a former University of Michigan lecturer recounted stories of alleged sexual assault, psychological torture and university negligence Monday before filing a lawsuit against the professor and the school. On a Zoom call with reporters, the two former students …

Swiss Re Corporate Solutions Promotes 2 in Engineering & Construction; Chubb Names Houghton Head of Distrib., UK & Ireland; Marsh Hires AXA XL’s Latham to Lead ART, UK&I

This edition of International People Moves details appointments at Swiss Re Corporate Solutions, Chubb and Marsh. A summary of these new hires follows here. Swiss Re Corporate Solutions Promotes 2 in Engineering & Construction Team Swiss Re Corporate Solutions announced …

Credit Suisse Faces $45.5 Million Claim in Swiss Money-Laundering Trial

Swiss prosecutors are pursuing around 42.4 million Swiss francs ($45.5 million) in compensation from Credit Suisse in a money-laundering trial due to begin on Feb. 7, the Swiss Federal Criminal Court (FCC) said on Monday. The Office of the Attorney …

Jencap Group Acquires Texas’ Delta General Agency

Jencap Group LLC has acquired the assets of Delta General Agency Corporation, a full-service specialty wholesale brokerage and managing general agency based in Houston. Delta will operate under the auspices of the Jencap Insurance Services division. Delta General Agency Corporation …

Sweeping Class Action Accuses NFL Teams of Racial Bias Against Blacks

The recently fired head coach of the Miami Dolphins has filed a scathing lawsuit accusing the National Football League of past and present unfair discrimination against Black coaches, players, owners, managers and retirees. The complaint, filed in federal court in …

BTIS Launches Expanded Workers’ Comp Coverage in California, Arizona, Colorado, Oregon, Nevada, Texas

Builders & Tradesmen’s Insurance Services Inc. announced access to an expanded workers’ compensation coverage option, which is now available in California, Arizona, Colorado, Oregon, Nevada and Texas. BTIS expects additional states to be added to the coverage by the end …

Commercial Farm Coverage Now Available Through California FAIR Plan

The California FAIR Plan on Tuesday began offering basic property insurance for farmers unable to obtain coverage from traditional insurance carriers. The new coverage fills a gap in California’s insurance marketplace as more farmers experienced policy nonrenewals due to increasing …

Washington Commissioner Adopts 3-Year Credit Scoring Ban, Proposes Transparency Rule

Washington Insurance Commissioner Mike Kreidler has adopted his rule banning insurers from using credit information to set auto, homeowner and renter insurance for three years. Kreidler’s rule temporarily banning credit scoring will be in effect starting March 4 through three …

Louisiana Commissioner: Insurers Have Paid or Reserved $10.5 Billion in Ida Claims

Insurers have paid or reserved $10.5 billion on all types of Hurricane Ida-related claims in Louisiana through the end of 2021, Insurance Commissioner Jim Donelon said in a release Jan. 31. The Louisiana Department of Insurance generated claims information from …

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