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143,000 VW SUV Owners Warned to Keep Front Passenger Seats Empty

Owners of 143,000 recalled Volkswagen Atlas vehicles should not let people sit in front passenger seats until the occupant-detection systems in these vehicles have been fixed, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Tuesday. The recall covers …

NC Farm Bureau Can Keep $24 Million in Green Energy Tax Credits, Court Says

An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided, striking down a $24 million tax assessment by the state’s Department of Revenue …

People Moves: Embroker in California Names Spagnuolo Chief Product Officer

Embroker named Chris Spagnuolo as chief product officer. Spagnuolo has nearly 20 years of product management experience, most recently as CPO at Wander. Spagnuolo also founded two startups and spent seven years as a product consultant to organizations such as …

Jury Awards $3.2M to Ex-Tesla Worker in California for Racial Abuse Suit

A federal jury has awarded nearly $3.2 million in damages to a Black former worker at a Tesla factory in California that has been at the epicenter of racial discrimination allegations hanging over the automaker run by billionaire Elon Musk. …

Takeaways from Our Conversation on Insuring Magic Mushrooms

Magic mushrooms are a class of drugs in a promising industry referred to broadly as psychedelics, a market that some believe will reach more than $8 billion in the next few years. Like cannabis, they are considered controlled substances. So, …

Colorado Court Considers Challenge to Sex Abuse Lawsuit

A new law passed by state lawmakers opened the door for Angelica Saupe to finally a pursue a claim against the school district where she says a high school basketball coach sexually abused her in the early 2000s. But that …

People Moves: Henningsen Appointed Lockton Texas P&C CEO; Kephart joins TIPS

Henningsen Appointed CEO of Lockton Texas P&C Business Lockton Companies has appointed Jeff Henningsen as chief executive officer (CEO) for the Texas P&C business, with teams in Dallas, Houston and Ft. Worth, Texas; New Orleans, Louisiana; and Birmingham, Alabama. Lockton …

Beat Capital Launches Specialist Energy Insurance Business With Charlton as CEO

Beat Capital Partners, a long-duration venture-capital investor that specializes in the insurance industry, announced the launch of a specialist energy underwriter, Horace Agency Ltd. Led by industry veteran Chris Charlton, Horace will focus exclusively on onshore and offshore energy insurance …

Biden Eyes AI Dangers, Says Tech Companies Must Make Sure Products Are Safe

U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored that technology companies had a responsibility to ensure their products were safe before making them public. Biden told science and …

Companies That Form Global Climate Alliances Need Antitrust Guidance: Experts

Global companies that form alliances to help them to tackle climate change need clear “safe harbor” guidelines from governments to allay fears they could be tripped up by antitrust rules, legal experts said. Hundreds of companies have banded together into …

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