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Major UK Asset Manager Divests from Insurer AIG over Climate Policies
Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming they’re making insufficient progress on addressing climate change risks. The UK asset manager said in a statement on Tuesday it …
POSTED JUNE 15, 2021 7:11 AM |
Russia Fights Wildfires in Siberia and the Far East
Russian emergency workers fought wildfires burning Sunday on more than 550 square kilometers (212 square miles) of territory mostly in Siberia and the Far East. The state agency responsible for fighting forest fires, Avialesookhrana, said the largest blaze was in …
POSTED JUNE 15, 2021 5:45 AM |
North Carolina High Court Backs Students’ Constitutional Right to Sue Over Bullying
The constitutional right of North Carolina’s children to have access to a good public school education also applies to individual students who aren’t getting help to stop classroom bullying and harassment against them, the state Supreme Court ruled Friday. The …
POSTED JUNE 15, 2021 5:00 AM |
Firing of Reporter Sparks Debate Over Social Media Policies, Harassment of Journalists
The Associated Press’ recent firing of a young reporter for what she said on Twitter has somewhat unexpectedly turned company and industry attention to the flip side of social media engagement — the online abuse that many journalists face routinely. …
POSTED JUNE 15, 2021 5:00 AM |
Workers’ Compensation Profit Picture Looks Good in Short Term: Fitch
With favorable results driven by recent reductions in claims frequency and further recognition of material reserve redundancies, workers’ compensation underwriting performance is expected to remain strong in 2021, according to Fitch Ratings. However, this level of profitability is unsustainable longer …
POSTED JUNE 15, 2021 5:00 AM |
Insurance Agency Owner’s Suicide Unrelated to Fraud Allegations, Says Firm
The co-founder of a Florida financial firm facing investor lawsuits alleging securities fraud has died by suicide, and a spokesperson on Monday denied wrongdoing, saying the death was not connected to a class action lawsuit filed last week. Eric Holtz, …
POSTED JUNE 15, 2021 12:04 AM |
California Encourages Rebuilding in Fire-Prone Areas, Report Says
California state and local officials are encouraging rebuilding in areas destroyed by wildfires at a time when people should be redirected away from those areas if the state wants to reduce the economic and human impact of increasingly destructive wildfires, …
POSTED JUNE 14, 2021 4:00 PM |
2 Louisiana Insurance Agents Fined, Suspended in Separate Actions
Two Louisiana insurance producers have been issued cease and desist orders, summary suspensions, fines and notices of license revocations, state insurance regulators said. The Louisiana Department of Insurance (LDI) fraud division investigators served insurance agent Leslie Claire Trahan of Opelousas …
POSTED JUNE 14, 2021 3:56 PM |
Heirs of Black Man Killed by Baton Rouge Police Accept $4.5M Settlement
The children of a Black man killed by police in Louisiana’s capital city five years ago have accepted a $4.5 million settlement from the local government, the man’s family and the city’s mayor said. Alton Sterling’s 2016 shooting by a …
POSTED JUNE 14, 2021 3:55 PM |
Parents of 3 Nebraska Girls Killed in Crash Sue Sarpy County
The families of three Gretna, Nebraska, girls who died in a crash in Sarpy County are suing the county, which they said did not correct a deficient design of the road where the girls died. The lawsuit also asks a …
POSTED JUNE 14, 2021 3:53 PM |
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