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Bayer’s Monsanto Wants Judge to Nix $289M Roundup Verdict

Bayer AG unit Monsanto on Tuesday asked a California judge to throw out a $289 million jury verdict awarded to a man who alleged the company’s glyphosate-based weed-killers, including Roundup, gave him cancer. The company said in motions filed in …

Feds Say Maryland Man Stole Hurricane Victim’s IDs as Part of $8M Scam

A Maryland man is accused of stealing hurricane victim’s identities as part what the Secret Service describes as an $8 million effort to scam a Federal Emergency Management Agency program. News outlets reported Tuesday that 30-year-old Tare Stanley Okirika is …

Pennsylvania Catholic Dioceses Sued Over Disclosure of Abuse Allegations

Parents of children in the Roman Catholic Church and survivors of sexual abuse by clergy filed a lawsuit Monday against Pennsylvania’s eight dioceses and their bishops asking a judge to compel them to release information about abuse allegations. The lawsuit …

Foundation Being Set Up for Victims of Massachusetts Gas Explosions

A relief fund will be established to help Massachusetts residents whose lives were disrupted by a series of natural gas fires and explosions. The announcement was made Monday by Republican Governor Charlie Baker and leaders of the three affected communities. …

McDonald’s Workers in Several Cities Rally Against Sex Harassment

McDonald’s workers staged protests in several cities Tuesday in what organizers billed as the first multistate strike seeking to combat sexual harassment in the workplace. In Chicago, one of the targeted cities, several dozen protesters rallied in front of McDonald’s …

International Olympic Committee Signs Allianz as Sponsor from 2021 to 2028

The International Olympic Committee (IOC) says insurance company Allianz signed as a worldwide sponsor from 2021 through the 2028 Los Angeles Olympics. The value of the deal, which includes becoming a partner of the Paralympics, was not given. The IOC …

India Refinery Cancels Iran Oil Imports to Keep Insurance Cover as Sanctions Loom

India’s Chennai Petroleum will stop processing Iranian crude oil from October to keep its insurance coverage once new sanctions by the United States against Iran go into effect, three sources familiar with the issue said. Iran’s Naftiran Intertrade Co. Ltd., …

Marsh Names Fraser as CEO, UK Corporate; Grogan Becomes Chairman of Marsh Ireland

Marsh announced the appointment of Alistair Fraser as CEO of its UK Corporate division. Fraser succeeds Joe Grogan, who Marsh has named as chairman of Marsh Ireland. Both appointments, which are subject to regulatory approval, are expected to take effect …

AXIS Capital Names O’Sullivan as CEO of AXIS Specialty Europe and AXIS Re

AXIS Capital Holdings Ltd. announced the appointment of Helen O’Sullivan as CEO of AXIS Specialty Europe SE and AXIS Re SE. In this role, she will oversee the company’s Irish subsidiaries and their branches. O’Sullivan also will join the board …

Members of Assn. of Bermuda Insurers & Reinsurers Provide $840M to Local Economy

Members of the Association of Bermuda Insurers & Reinsurers (ABIR) made a direct economic contribution to Bermuda of more than $840 million in 2017, according to the group’s 13th annual member survey results. Data reported for calendar year 2017 from …

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