August 21, 2018
Volkswagen Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the whistle on a multi-billion exhaust emissions scandal, German magazine Der Spiegel said. Der Spiegel’s story, based on recently unsealed …
August 21, 2018
Fallout from the Genoa bridge disaster has erased about $2 billion of net worth from one of Italy’s richest families. The billionaire Benettons control 30.25 percent of Atlantia SpA, the construction company and toll-road owner that operated the Morandi Bridge …
August 21, 2018
An Atlanta-area property company is suing Grammy-winning R&B artist R. Kelly for $203,400 over “extensive damage” to two homes he rented. The Atlanta Journal-Constitution reports SB Property Management Global, LLC., based in East Point, filed the lawsuit Wednesday. It says …
August 21, 2018
The owner of a residential construction business in Dayton who under reported his payroll by millions of dollars to lower his workers’ comp premiums has been sentenced for workers’ compensation fraud, the Ohio Bureau of Workers’ Compensation (BWC) reported. Honorato …
August 21, 2018
Federal safety officials have proposed $213,411 in penalties against an Ohio manufacturer for amputation hazards at the company’s workplace. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited ArtiFlex Manufacturing for exposing workers at its Wooster location …
August 21, 2018
Of all the horrific details contained in the Pennsylvania grand jury report on child sexual abuse in the Catholic Church, one sentence stands out: “The main thing was not to help children, but to avoid `scandal.”’ When sex-abuse cases dominate …
August 21, 2018
A Travis County, Texas district court has sentenced Gary Hunt of Austin on workers’ compensation fraud charges. Hunt reported a job-related injury while working as a sales coach for Radiant Plumbing Service Inc., and claimed he was unable to work …
August 21, 2018
Some Bayer AG investors were surprised to learn about the thousands of farmers lining up before U.S. courts to argue that Roundup — the blockbuster weedkiller the German company recently acquired when it bought Monsanto Co. — had given them …
August 21, 2018
Baldwin Risk Partners (BRP), the Tampa, Fla.-based insurance distribution and consulting holding company, is pleased to announce the appointment of John Valentine as chief partnership officer. Valentine joins BRP with more than 17 years’ experience closing mergers and acquisitions in …
August 21, 2018
Reinsurers expressed different views of loss developments related to Hurricane Irma, when executives reviewed the impact of the Florida event on second-quarter earnings reports earlier this month. Everest Re was among those negatively impacted, with a preannounced net reserve charge …