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Zurich Insurance CEO Backs Carbon Tax and Public-Private Cyber Partnership

Zurich Insurance Chief Executive Mario Greco wants governments to levy a carbon tax and remove the incentive for socially irresponsible companies to maximize profits by polluting the environment, he told Reuters. Europe’s fifth-largest insurer has already taken steps to clean …

What’s at Stake in Boy Scouts Bankruptcy Case

The Boy Scouts of America sought bankruptcy protection in February 2020 to halt thousands of lawsuits by men who said they were molested as youngsters by Scoutmasters or other leaders. The filing was part of an attempt to reach a …

Hearings Get Underway Into Boy Scouts Bankruptcy Plan Opposed by Insurers

An attorney for the Boy Scouts of America told a Delaware judge on Thursday that the group’s national board never adopted a resolution approving an $850 million agreement that is the linchpin of the Boy Scouts’ proposed bankruptcy plan. Despite …

People Moves: VanSickle Joins Carlton Fields; Beecher Carlson Adds Seagraves, Perron

Carlton Fields Law Firm Carlton Fields has added Erin J. VanSickle to the firm’s Tallahassee office as a senior government consultant focused on insurance regulatory matters. VanSickle brings more than 15 years of experience in regulated industries, public policy, public …

China Regulators Step Up Scrutiny of Online Insurance Platforms in Widening Crackdown

China’s banking and insurance watchdog is stepping up scrutiny of the nation’s insurance technology platforms, widening a regulatory dragnet that has roiled global investors. The regulator ordered companies and local agencies to curb improper marketing and pricing practices, and step …

Tyson Farms Agrees to $3M Settlement for Causing 2019 Alabama Fish Kill

A $3 million settlement has been reached with Tyson Farms, Inc. over a 2019 wastewater spill that killed an estimated 175,000 fish _ one of the largest recorded fish kills in Alabama history, Attorney General Steve Marshall said Wednesday. The …

Global Insured Disaster Losses Reach US$42B in H1 as 2nd Highest on Record: Swiss Re

Estimated insured losses from natural catastrophes reached US$40 billion during the first half – driven by a deep winter freeze, hailstorms and wildfires, while man-made disasters triggered another estimated US$2 billion of insured losses, according to Swiss Re. The loss …

Jury: North Dakota Hotel Not Civilly Responsible for Deadly Fight

A jury has reached a verdict in a civil case involving a Fargo hotel and a fatal fight outside its doors. Jurors decided The Hotel Donaldson is not responsible for paying damages to the widow of the man who died …

Increasing COVID-19 Vaccination Rates in Florida, Texas Could Have Saved 4,700 Lives Through July

The success of COVID-19 vaccination campaigns in many states demonstrates the real-world feasibility, and impact, of achieving high vaccination coverage. By the end of July, the five highest-performing states — Vermont, Connecticut, Massachusetts, Maine, and Rhode Island — had fully …

Overheated, Underprotected: Climate Change Is Killing U.S. Farm Laborers

Florencio Gueta Vargas showed up for his usual shift at a hops farm in Toppenish, Washington, on Thursday, July 29. The father of six would never make it home. It was a sweltering day with temperatures topping 100 degrees Fahrenheit …

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