April 22, 2020
Chipotle Mexican Grill Inc. will pay $25 million to resolve criminal charges related to the company’s foodborne illness outbreaks that sickened more than 1,100 people between 2015 and 2018, according to the Department of Justice. The Newport Beach, California-based company …
April 22, 2020
A Milwaukee, Wisconsin, real estate company will pay $75,000 to Iowa for violating several asbestos regulations at one of its former buildings in Newton, the Iowa Attorney General’s office announced. Phoenix Investors LLC, agreed to a consent order on April …
April 22, 2020
Texas insurance regulators say agents and adjusters can now take licensing exams at select sites in the state. The testing locations for Pearson VUE, the state’s testing contractor, had previously been closed do to the COVID-19 pandemic. The Texas Department …
April 22, 2020
Chubb said that the coronavirus pandemic’s effects on its bottom line were relatively benign in the 2020 first quarter. But all bets are off for the months ahead. The global property/casualty insurer reported net income of $252 million, or $0.55 …
April 22, 2020
California regulators are being advised to approve Pacific Gas & Electric’s plan to emerge from bankruptcy with new controls designed to prevent a recurrence of the utility’s past bad behavior that has resulted in deadly wildfires, infuriating blackouts and high …
April 22, 2020
Family members of four passengers killed in a helicopter crash with Kobe Bryant and his daughter have joined the NBA star’s widow in filing wrongful death lawsuits against the companies that owned and operated the aircraft. The suits on behalf …
April 22, 2020
Babel Cover, a British insurtech start-up, is working with Maltese insurer Atlas and emerging technology firm Piprate to insure bicycles of competitive cyclists, triathletes and commuters of Malta. The intention of the pilot is to perform live and controlled product …
April 22, 2020
A pair of fans in New York sued Major League Baseball, Commissioner Rob Manfred and the 30 teams, asking for their money back for tickets and for certification of class-action status. The lawsuit was filed Monday in U.S. District Court …
April 22, 2020
The self-driving car was a dream deferred even before the Covid-19 outbreak brought the U.S. economy to a standstill. By early 2020, plans to launch robotaxi services had been pushed back or scaled down as excitement over driverless cars gave …
April 22, 2020
NFP Corp., the New York City-based insurance broker and consultant, announced the acquisition of Johnson Fleming Group Ltd. and Johnson Fleming Future Life Planning Ltd. (together, Johnson Fleming). The transaction closed on Jan. 17, 2020 for an undisclosed sum. Johnson …