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Ex-DuPont CEO Claims No Intent to Burden Chemours with Unlimited Liabilities

DuPont de Nemours Inc. never intended to saddle its spinoff Chemours Co. with “unlimited exposure” to its liabilities, DuPont’s former chief executive officer said, sending Chemours stock up sharply. Ellen Kullman, who resigned as DuPont’s CEO and chairman in 2015 …

Insurance Agency BRP Group’s IPO Starts Today at $14 a Share

Independent insurance distribution firm BRP Group Inc. could raise as much as $300 million in its initial public offering (IPO) of 16.4 million shares of its Class A common stock priced to the public at $14 per share. The stock …

Florida Specialty CEO Disputes State Regulator’s Claims, Says Insurer Not Insolvent

The head of recently shuttered Florida Specialty Insurance Co. says that claims by Florida’s insurance regulator that the company is insolvent are untrue. The company’s CEO, Susan Patschak, argues Florida’s Office of Insurance Regulation liquidation and receivership order should be …

Georgia Wants Medical Sterilization Facility Closed Over High Carcinogen Emissions

Georgia’s governor is trying to force a medical sterilization facility to temporarily close after it allowed a gaseous carcinogen to leak out last month. Georgia Attorney General Chris Carr issued a statement Monday saying he filed a temporary restraining order …

Applied Underwriters Responds to California Department of Insurance Effort to Halt Sale

Applied Underwriters executives have responded to efforts by the California Department of Insurance to halt the sale of one of its subsidiaries and threaten to upend a reported $920 million deal that’s been in the works for some time. The …

Ohio Roofing Contractor Faces $247.5K in Fines for Workplace Fall Hazards

A roofing contractor in Martin, Ohio, has been cited for willful, repeated and serious violations of federal workplace safety standards and faces penalties of totaling $247,544. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Mike …

Kansas Farmer Pleads Guilty to Nearly $500K in Crop Insurance Fraud

Federal officials say a Kansas farmer has pleaded guilty to federal charges of crop insurance fraud and bankruptcy fraud. U.S. Attorney Stephen McAllister said Kevin W. Struss, 63, Wakeeney, Kan., pleaded guilty to one count of defrauding the U.S. Department …

Texas Man Convicted of $1.7M Arson, Insurance Fraud Scheme

A southeast Texas man has been found guilty charges related to an arson and insurance fraud scheme in the Eastern District of Texas, the U.S. Attorney’s Office reported. According to U.S. Attorney Joseph D. Brown, a jury found Patrick Wayne …

North Dakota Governor Declares Statewide Flood Emergency

North Dakota Gov. Doug Burgum has declared a statewide flood emergency and said officials were looking at measures to help residents affected by heavy rains and a blizzard that dumped record amounts of snow in some places, especially farmers. Burgum’s …

Texas Dentist Office Settles Federal Pregnancy Discrimination Case for $20K

Federal employment officials say the Texas-based dental business will pay $20,000 and provide other relief to settle a pregnancy discrimination lawsuit. According to the U.S. Equal Employment Opportunity Commission’s (EEOC’s) suit, Smiley Dental Walnut hired a new front desk receptionist …

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