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LGBTQ Employees Still See Equality Gaps After Supreme Court Ruling on Firing

Even with this week’s Supreme Court ruling, the workplace will be far from equal for lesbian, gay, bisexual and transgender Americans. While the nation’s highest court says you can’t be fired for your sexual orientation or gender identity under the …

Global Risk Solutions Hires Wiswell, Daneman as Executive General Adjusters

Global Risk Solutions Inc., a provider of claims adjusting and environmental risk management solutions, has expanded its marine claims capabilities with the addition of two claims executives. Peter Wiswell and Joe Daneman have joined Global Risk Solutions’ Environmental Risk Management …

Bullying and Harassment Increase for Some Workers in Pandemic Lockdown: Opinion

Working from home should have liberated employees from toxic workplace behavior such as bullying and harassment. Amid the lockdowns, gone are undesired office encounters, business trips, round-the-clock conferences and much after-hours socializing. Yet, far from ending misconduct, the pandemic lockdowns …

Bayer Reported to Be Near $8-10 Billion Roundup Settlement: Handelsblat

Bayer AG is close to agreeing a settlement worth $8-10 billion over claims its glyphosate-based Roundup weedkiller causes cancer, German business daily Handelsblatt reported on Tuesday. The company’s supervisory board was due to discuss and vote on the settlement, which …

Parametric Catastrophe Facility CCRIF Pays US$3.6M to Guatemala for Excess Rainfall

Parametric catastrophe facility CCRIF paid the government of Guatemala approximately US$3.6 million under its excess rainfall (XSR) parametric insurance policy for nine days of rain that occurred during Tropical Storms Amanda and Cristobal. The policy was triggered by rains that …

Former CEO of Wirecard Arrested in Accounting Scandal Involving Missing $2.1 Billion

FRANKFURT – Wirecard’s former boss was arrested on Tuesday on suspicion of falsifying accounts, after the German payments firm disclosed a $2.1 billion financial hole and questioned whether trustees had actually held money on its behalf. Markus Braun turned himself …

A Picasso, an $18M Hole, a Casino Owner, an Auctioneer, an Insurer and a Contractor

Insurance specialist LeConte Moore and professional fine art appraiser Vincent Wiener deal with high-profile performers and artists and their works so hearing talk of big dollar figures is not unusual. Moore says he and his insurance colleagues are not surprised …

U.S. Court Nixes Cancer Warning on Bayer’s Roundup Weed Killer

A U.S. federal appeals court on Monday blocked California from requiring that Bayer AG label its glyphosate-based weed killer Roundup with a cancer warning, handing the company a victory in its ongoing litigation over the product. In his ruling, U.S. …

Relation Insurance Acquires Summers Thompson Lowry of North Carolina

Relation Insurance Services, a privately owned insurance brokerage that offers property and casualty, risk management, employee benefits, and TPA-consulting services through its family of brands across the United States, has acquired Summers Thompson Lowry, Inc., a privately owned insurance brokerage …

West Virginia Mayor Accused of Taking Flood Relief Money

A mayor in West Virginia is accused of taking federal flood relief funds intended for her city and paying herself extra money for working with a flood recovery team. Richwood Mayor Chris Drennen was indicted on federal felony charges June …

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