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Tamayo Returns as CEO of MAPFRE North America; Joined by Corral

Jaime Tamayo is returning to MAPFRE North America to be chief executive officer, a post he relinquished in 2016 after eight years to become CEO of international operations for the insurer. In his return, Tamayo is succeeding his successor, Alfredo …

California Hospital Fined for Deadly Post-Holiday Virus Outbreak

Kaiser Permanente has been fined $43,000 for failing to report a deadly coronavirus outbreak that may have been caused by an inflatable holiday costume worn by an unknowingly infected staffer on Christmas Day. The number of cases linked to the …

Colorado City Settles with Man Shot by Stun Gun for $875K

The Boulder City Council in Colorado has approved an $875,000 settlement with a man who was injured after a police officer shot him with a stun gun in March 2019. Christopher Mahan got into the wrong Lyft vehicle while intoxicated …

New Law Forces Shell Companies to Disclose Owners, Expands Whistleblower Awards

For years as a federal prosecutor in New York, Daniel R. Alonso led teams that had to search through a maze of anonymously owned corporate entities to expose criminal activity. “It required all kinds of shoe-leather investigating to identify who …

Canadian Insurtech Apollo Closes C$13.5 Million Funding Round

Apollo Insurance Solutions Ltd., the Toronto-based online insurance company, announced it has closed an oversubscribed C$13.5 million (US$10.6 million) Series A financing round, which exceeded its original C$4 million (US$3.2 million) target. Gravitas Securities Inc. led the financing which resulted …

Voting System Firm Files $1.3B Defamation Lawsuit Against Pro-Trump Lawyer Powell

Dominion Voting Systems filed a defamation lawsuit against lawyer Sidney Powell on Friday, seeking at least $1.3 billion for Powell’s “wild accusations” that the company rigged the presidential election for Joe Biden. “Dominion brings this action to set the record …

The Gig Economy, Auto Insurance and Surplus Lines

Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel via motor vehicles continue to expand and evolve, as do businesses and their automobile insurance needs, especially in the gig …

Here’s What’s New in U.S. Small Business Pandemic Paycheck Protection Program

The Small Business Administration launches on Monday more Paycheck Protection Program loans to help small businesses weather the coronavirus pandemic. Congress last month approved $284 billion in new funds for the forgivable loans which are distributed by lenders on behalf …

Massachusetts Lawmakers Pass Sweeping Climate Change Bill

Massachusetts Governor Charlie Baker said last week he is reviewing legislation passed by lawmakers that would overhaul the state’s climate laws, reduce greenhouse gas emissions, create renewable energy jobs and protect poorer communities that can be at higher risk from …

Boeing to Pay $2.5B to Settle With Justice Department Over 737 MAX Crashes

Boeing Co. will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to the grounding of its …

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