Activist investor Starboard Value disclosed a new position in Willis Towers Watson Plc Thursday, and said it believes the insurance broker could nearly double its share price in the next three years. Jeff Smith, Starboard’s chief executive officer, said Willis …
Federal officials say three U.S. subsidiaries of Dutch chemical giant LyondellBasell Industries N.V. (Lyondell) have agreed to make upgrades and perform compliance measures estimated to cost $50 million to resolve allegations they violated the Clean Air Act and state air …
The Wisconsin Office of the Commissioner of Insurance (OCI) has charged former insurance agent Richard Freeland with a number of violations of insurance law related to the sale of an unsuitable life insurance policy and annuity to a retired consumer. …
A Gary man is suing northwest Indiana police more than a year after he alleged that officers sprayed him with pepper spray and knelt on him when they encountered him near a protest over George Floyd’s death. Randall Smith’s lawsuit, …
Federal officials issued five citations against Texas furniture design and manufacturing company and fined the firm more than $249,000 for alleged workplace safety violations. OSHA said while MooreCo Inc. in Temple, Texas, had been given multiple opportunities in the past …
A New Jersey couple is suing Miami’s famous Biltmore Hotel, alleging negligence over dirty conditions in a room after they said their 2-year-old daughter was found with a used condom in her mouth. The hotel room also contained broken glass …
Pay-per-mile digital auto insurer Metromile is pursuing what it is calling a “significant” expansion of its use of independent agents to sell its insurance, and it has hired a Travelers Insurance executive to lead the effort. San Francisco-based Metromile, which …
The Perzel Agency has joined The Liberty Company Network of Insurance Brokers. Based in Philadelphia, Pennsylvania, The Perzel Agency was founded more than 25 years ago by Mike Perzel, specializing in personal lines and small commercial. The Liberty Company Insurance …
A plane taking passengers from Texas to the AL Championship Series game in Boston burst into flames after it ran off a runway during takeoff on the morning of Oct. 19. No one was seriously hurt but federal officials are …
A New York litigation funder and the fifth member of a $31 million trip-and-fall fraud scheme has been arrested and charged in Manhattan Federal Court. An indictment has been unsealed charging Adrian Alexander with conspiracy to commit mail and wire …
