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Barbados Ex-Minister Charged in U.S. with Laundering Bribes from Insurer

A former minister in the government of Barbados has been criminally charged in the United States with laundering bribes he received from a Barbadian insurance company, federal prosecutors said on Monday. Donville Inniss, who formerly served as minister of industry …

Typhoon Shanshan Moves Past Tokyo, Averting Major Disruption

Typhoon Shanshan spared most parts of Tokyo and is expected to head northward along Japan’s eastern coast, averting major disruption for commuters in and around the capital. The slow-moving storm was located 60 kilometers (38 miles) southeast of Mito in …

Zurich’s H1 Net Income Rises 19%, Getting Boost from P/C Unit

Zurich Insurance Group AG got a boost from its property & casualty business, putting the company on track to meet Chief Executive Officer Mario Greco’s three-year restructuring goals. The Swiss insurer’s biggest unit saw higher profit and posted a lower …

Uber Revs Up Freight Business After Closing Self-Driving Truck Unit

Uber Technologies Inc. is creating a standalone business out of its long-haul trucking business, with plans to double its investment in the unit to drive growth ahead of a much-anticipated initial public offering. Uber said on Tuesday its separate freight …

IIHS Tests Expose Risks of Semi-Autonomous Driving Systems

Cars and trucks with electronic driver assist systems may not see stopped vehicles and could even steer you into a crash if you’re not paying attention, an insurance industry group warns. The Insurance Institute for Highway Safety, in a paper …

Serious Worker Injuries at Lead to $250K in Fines for Washington Manufacturer

A Seattle, Wash. company that manufactures electronics mounting systems and other products is facing more than $250,000 in fines for multiple serious and willful worker safety and health violations. The state’s Department of Labor & Industries recently cited National Products …

Merger Deals Now Include #MeToo Sexual Harassment Clauses

On Wall Street, it’s known as “the Weinstein clause.” Advisers are adding guarantees to certain merger agreements in light of the sexual misconduct scandals that have enveloped the producer Harvey Weinstein and other high-profile businessmen — ones that legally vouch …

Stone Creek in California Names Bornstein Commercial Producer in Washington

Lafayette, Calif- based Stone Creek has named Joe Bornstein a commercial producer in its Spokane, Wash. office. Bornstein’s emphasis will be on small business on the West Coast. Bornstein comes to Stone Creek by from Liberty Mutual. He worked as …

Leavitt Group Acquires ComTech in Utah

Leavitt Group is has acquired majority ownership in ComTech Specialty in St. George, Utah. The combined agency will rebrand as ComTech – Leavitt Group. Leavitt Group is a network of insurance brokers. ComTech Specialty Group was founded by Joe Weipert, …

Fire at Tennessee Apartment Complex Displaces Dozens of Residents

Authorities say a large fire at a Tennessee apartment complex has displaced dozens of residents. No one was injured. News outlets report the fire occurred Sunday morning at the Timberlake Village Apartments in the Antioch neighborhood of Nashville. Part of …

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