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Chipotle Keeps Getting Served Lawsuits by Customers, Investors

Chipotle Mexican Grill Inc. is facing another class-action lawsuit by a disgruntled shareholder over its alleged inability to keep its restaurants clean, a further hurdle for a company still trying to regain consumer and investor confidence after a food scare …

Deutsche Bank ($77M), JPMorgan ($71M) to Settle Libor Claims in U.S.

Deutsche Bank AG and JPMorgan Chase & Co. have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates. The …

Super Regional Carriers Urged to Educate ‘Suspicious’ Regulators on Big Data Use

“We’re curious and we don’t know. When regulators don’t know what’s going on, they get suspicious.” That was Wisconsin Insurance Commissioner Ted Nickel acknowledging that like the industry they regulate, state insurance commissioners face challenges keeping up with new technology …

Tennessee Family Files Suit Over Ferris Wheel Accident

A family whose daughters were injured when they fell from a Ferris wheel at a Tennessee county fair has filed lawsuits against the ride’s owners and manufacturer. News outlets report the Reynolds family and Lorena Cowhy, another woman who was …

5th Person Dies From Injuries Caused by Florida Power Plant Accident

An accident at a Florida power plant last month has claimed a fifth life. BRACE Industrial Group said its employee, 56-year-old Armando Perez, died Thursday of injuries he sustained in the June 29 accident at the Tampa Electric Big Bend …

Tennessee Apartment Fire Displaces 19 Residents

An apartment fire has displaced 19 residents and sent two people to the hospital in Tennessee. News outlets report the fire was reported Thursday night at a four-unit apartment building in North Knoxville. Knoxville Fire Department spokesman D.J. Corcoran said …

Exclusive: California Broker Plans Parametric Quake Product That Pays Even If No Damage

A California broker is promising to bring a “first-of-its-kind financial resource” that pays homeowners after an earthquake for a low monthly premium whether there’s damage to the home or not. A Berkeley, Calif.-based firm called Jumpstart Insurance Solutions Inc. recently …

Chubb Launches Multi-line Practice for Large Transportation Clients

Chubb has launched a multi-line industry practice within its Major Accounts division that will provide insurance products, service and risk management options for best-in-class large risk transportation clients in the United States and Canada. Chubb’s Transportation Industry practice provides a …

Morris Reappointed to Louisiana Workers’ Comp Advisory Council

Michael D. Morris of Baton Rouge has been reappointed to the Louisiana Workers’ Compensation Advisory Council. Morris is an attorney and the chief executive officer of the Louisiana Home Builders’ Association. He will serve as a representative of self-insured industries …

Hundreds Evacuate from Flooding in Western Wisconsin City

Several hundred people evacuated their homes early on July 20 in the small western Wisconsin community of Arcadia where heavy rain sent a creek over its banks. The waterlogged city is part of more widespread flooding in Wisconsin and Minnesota …

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