Truck Engine Maker Cummins to Pay Record $1.675 Billion US Environmental Fine
Truck engine maker Cummins Inc. has agreed in principle to pay a $1.675 billion fine for installing devices on hundreds of thousands of engines to allow them to emit excess pollution, the largest-ever civil penalty for a Clean Air Act …
People Moves: New Jersey’s Convelo Group Names Borst President
Convelo Insurance Group, headquartered in Tinton Falls, New Jersey, has hired Andrew “Andy” Borst as president. Borst has 25 years of insurance industry experience, most recently serving as president of E&S and international programs. Borst also served as an executive …
Colombia to Pay $215 Million in Liabilities to Health Insurers
The Colombian government will pay private health insurers 820 billion pesos ($215 million) of funds owed since last year for high-cost treatments and medicines, according to a letter by the health ministry. In the letter to the inspector general’s office, …
Hawaii Fire Shows Wildfires Pose Particular Threat to Elderly and Other Vulnerable Individuals
Sharlene Rabang and her calico cat fled the wildfire that destroyed her town on Maui and arrived at a family home on another Hawaii island after a 24-hour odyssey that included sleeping in a car. Dazed, coughing and weak, the …
Apple Resumes Sale of Watches After Appeals Court Lifts Ban
Apple Inc. said it would put its latest smartwatch models back on sale in its US retail stores Wednesday after it won a court ruling in a patent fight, providing a quick reprieve for its $17 billion business. The company …
Alabama Agency Completes Review of Fatal Police Shooting in Repo Incident
DECATUR, Ala. (AP) — The Alabama Law Enforcement Agency said Tuesday that it has completed an investigation into a fatal police shooting where a man was killed in his front yard during a dispute with a tow truck driver. The …
En Route to Grandma’s House, 6-year-old Put on Wrong Flight to Florida
FORT MYERS, Fla. (AP) — A 6-year-old boy who left on a flight to visit his grandmother in southwest Florida instead was put on the wrong plane and ended up 160 miles away in Orlando, Florida. When the grandmother, Maria …
Bulk Carrier Hits Mine in Black Sea, 2 People Injured, Ukraine Says
A Panama-flagged bulk carrier that was headed to a River Danube port to load grain hit a Russian mine in the Black Sea on Wednesday, injuring two crew members, Ukrainian officials said on Thursday. It was the latest incident of …
Tokyo Court Rules Only Fukushima Operator Must Pay Compensation, Cuts Damages
A Tokyo court has ruled that only the operator of the tsunami-wrecked Fukushima nuclear power plant had to pay damages to dozens of evacuees, relieving the government of responsibility. Plaintiffs criticized the ruling as belittling their suffering and the severity …
Self-Driving Cars Could Be on UK Roads by 2026: Transport Minister
Self-driving cars could be on some British roads by 2026, the country’s transport minister Mark Harper said on Wednesday. Cars with full self-driving technology are not currently permitted on Britain’s roads but the government’s Automated Vehicles (AV) legislation is going …
Half of Red Sea Container-Ship Fleet Avoids Route on Threat of Attacks
Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data. The tally compiled by Flexport Inc. shows 299 vessels with …
China Metals Giant Faces Protest in Indonesia After Fatal Blast
Workers at a Tsingshan Holding Group plant in Indonesia staged a demonstration and demanded new working conditions after an explosion on Sunday that killed at least 19 people. The deadly blast at a furnace run by PT Indonesia Tsingshan Stainless …
Twitter Violated Contract by Failing to Pay Millions in Bonuses, Judge Rules
Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday. Mark Schobinger, who was Twitter’s senior director of compensation …
Alibaba Must Face Lawsuit Over Counterfeit Squishmallows
A U.S. judge on Wednesday rejected Alibaba’s bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the popular children’s toy Squishmallows on its online platforms. U.S. District Judge Jesse Furman in Manhattan said …
US Seizes BlackCat Ransomware Site, Offering Decryption Tool
The US Justice Department seized websites belonging to a notorious Russian-speaking ransomware group, upending hackers that have extorted millions of dollars from victims around the world. The website for the extortion group BlackCat, also known as ALPHV or Noberus, on …
US Workplace Stress at All Time High, Survey Says
Stress at work has reached epidemic proportions and shows little decline in 2023, according to the American Psychological Association’s “Work in America Survey: Workplaces as Engines of Psychological Health & Wellbeing.” The national survey found that 77% of U.S. workers …
Top Insurance Journal D&O Stories of 2023
Million-dollar court cases, expert predictions and in-depth market analysis — Insurance Journal’s top-read directors and officers insurance stories in 2023 scrutinized notable national headlines through a D&O lens. Meanwhile, big-picture evaluations continued to draw attention, as did a legal dispute …
Florida Suit Over Charged Lemonade Death Puts New Focus on Energy Drink Safety
Panera Bread Co. must face a lawsuit over a death allegedly linked to its new line of “charged” lemonades, which have thrust the company into the spotlight and brought a renewed focus on the safety of caffeinated energy drinks. The …
Five Died in Four Vegas Area Crashes Over 12-Hour Holiday Period
Two people died in separate vehicle crashes in the early hours of Christmas morning on Monday in the Las Vegas valley, bringing the total number of vehicle-related deaths in the area to five over a 12-hour stretch from Sunday afternoon …
New York Governor Vetoes Bill Seeking to Make It Easier to Challenge Convictions
New York Gov. Kathy Hochul vetoed a bill days before Christmas that would have made it easier for people who have pleaded guilty to crimes to challenge their convictions, a measure that was favored by criminal justice reformers but fiercely …
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