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Chubb Launches Financial Institution Fidelity Bond for Asset Managers

Chubb has introduced a new fidelity insurance product, the Financial Institution Bond for Asset Managers, to address risks faced by today’s asset managers. The financial fidelity bond provides modernized coverage for a range of risks that can result in loss …

4 Dead After Storms Leave ‘Trail of Destruction’ Across the South

A swarm of tornadoes and storms that left a trail of destruction across the Southeast killed four people, injured at least a dozen more and left victims to bundle up against the cold as they picked up pieces of their …

Uber Settles Sexual Harassment Claims in $4.4M Deal with EEOC

Under an agreement with the Equal Employment Opportunity Commission (EEOC), transportation firm Uber Technologies will establish a $4.4 million fund to compensate anyone who the EEOC determines experienced sexual harassment or related retaliation after Jan. 1, 2014. The settlement resolves …

Court Nixes Obamacare Mandate But Punts on What That Means for the Law

A U.S. appeals court ruled on Wednesday that a component of the Obamacare law is unconstitutional, but dodged a major ruling by stopping short of declaring that the rest of the landmark 2010 healthcare statute must also be struck down. …

Top 10 Most Ridiculous Lawsuits of 2019: U.S. Chamber

A lawsuit over the tiny amount of lip balm at the bottom of the tube came in number one on the U.S. Chamber of Commerce’s list of the Top 10 Most Ridiculous Lawsuits of 2019. This year’s list also features …

SafeWaters Underwriting Managers to Underwrite Yacht Insurance with Nationwide

SafeWaters Underwriting Managers has secured a delegated authority underwriting agreement with Nationwide to provide tailor made yacht insurance products. Products will be written on National Casualty company paper, a Nationwide Company. SafeWaters, a subsidiary of RSG Underwriting Managers, specializes in …

Train Worker Killed in West Virginia Derailment

An employee for a freight transportation line was killed in a train derailment in West Virginia, a sheriff’s office said. The CSX train went off the rails near a Chemours chemical plant in Washington, West Virginia, on Saturday afternoon, the …

Construction Company Put on Probation for Fatal South Dakota Building Collapse

A construction company was sentenced to a year of probation in the death of a worker during a 2016 building collapse in downtown Sioux Falls. U.S. District Judge Karen Schreier ordered Hultgren Construction to serve a year of probation or …

Ohio Supreme Court: ‘Dangerous Dog’ Label Not Needed for Prosecution

A dog suspected of posing a danger to people does not have to carry an official “dangerous dog” label under state law for prosecutors to charge an owner for violating the law, the Ohio Supreme Court has ruled. As long …

Oklahoma Appeals Judge’s $465M Order in Opioid Lawsuit

A judge didn’t order Johnson & Johnson to pay enough when he said the company must pay $465 million to address Oklahoma’s opioid crisis, the state said in an appeal filed on Dec. 16. Attorney General Mike Hunter’s office argues …

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