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NCCI President and CEO Donnell to Retire Early Next Year

The National Council on Compensation Insurance (NCCI) said President and Chief Executive Officer Bill Donnell plans to retire in February 2025 after about 10 years with the organization. “It’s been such a privilege to lead this organization and this amazing …

People Moves: XPT Hires Binding and Brokerage Team; Integris Promotes Cronin

XPT Specialty Names Binding and Brokerage Team XPT Specialty, headquartered in New York, N.Y., hired a production and underwriting team to serve Middle Atlantic and Northeast clients. The wholesale broker’s new team is led by Gregg Guerreiro, executive vice president …

Fate of Most Remaining Zantac Lawsuits Weighed by Delaware Judge

GSK, Pfizer and other pharmaceutical companies are urging a judge in Delaware this week to find that evidence plaintiffs’ lawyers want to use in about 72,000 lawsuits claiming that the discontinued heartburn drug Zantac caused cancer is not supported by …

Study: Manmade Warming Increasing Drought in Western U.S.

Manmade warming has increased the prevalence and severity of concurrent drought and heat events, also termed hot droughts, across Western North America in the 20th-21st century, a new report shows. The authors of the report developed the Western North American …

Google Settles AI-Related Chip Patent Lawsuit That Sought $1.67B

Google on Wednesday reached a settlement in a patent infringement lawsuit over chips that power the company’s artificial-intelligence technology, according to a filing in Massachusetts federal court. The settlement comes the same day that closing arguments were scheduled to begin …

California County Paying $5M Settlement Over Arrest of Election Company Founder

Los Angeles County agreed to pay $5 million to the founder and CEO of a software company who was briefly accused of stealing data on county poll workers in a case he said was pushed by conspiracy theorists. The Board …

People Moves: Former California Earthquake Authority CEO Pomeroy Joins GeoVera

Glenn Pomeroy, former CEO of the California Earthquake Authority (CEA), joined GeoVera as executive vice president of marketing and regulatory affairs effective February 1. GeoVera is headquartered in Fairfield, Calif. Pomeroy has over 30 years of industry experience, including eight …

Empire State Building Lands New York Insurer With Lease for Full Floor

Greater New York Mutual Insurance Co. signed a lease at the Empire State Building. GNY Mutual, which currently has offices on Madison Avenue, agreed to a 17-year deal for a full floor at the famous New York tower, with 52,116 …

Worker Loses Legs to Trenching Machine; $150K Fine for Washington Contractor

A 16-year-old boy was using a walk-behind trencher on a job site in La Center, Washington to dig a channel for fence posts over the summer when he was dragged underneath the blade, causing injuries so severe that he lost …

New Jersey Supreme Court Rules Against Casino in COVID Business Interruption Case

New Jersey’s Supreme Court ruled Wednesday that an Atlantic City casino is not entitled to payouts from business interruption insurance for losses during the COVID-19 outbreak, determining that the presence of the virus did not constitute the kind of “direct …

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