Tue, 19 Jun 2018 10:13:43 +0000
KPMG’s audit work in the U.K. is of an unacceptable standard, Britain’s accounting regulator said, fueling calls to reform the industry, including dismantling the “Big Four” players. In an unprecedented assessment, the Financial Reporting Council said ...
Tue, 19 Jun 2018 06:36:58 +0000
A Kansas mother says an insurance company wants her family to pay $132,000 after her 5-year-old son accidentally knocked over a sculpture at a city community center. Sarah Goodman tells the Kansas City Star the incident happened last month at …
Tue, 19 Jun 2018 06:34:43 +0000
Combined Agents of America (CAA) is expanding its presence in Missouri with the addition of GM Peters Agency, based in Liberty, Missouri. Current owners Shane Davolt and Peggy Marrs acquired the agency in 1999, however, GM Peters has been serving …
Tue, 19 Jun 2018 06:27:35 +0000
Insurance wholesale broker Maximum has added Bill Lally to its property team in Texas. He will be based in Houston. With previous experience as a property broker and several years spent developing a property underwriting expertise at Axis Insurance, La...
Tue, 19 Jun 2018 05:00:47 +0000
The virtual strike zone has been a feature of televised baseball games for almost two decades. The graphical overlay shows viewers in real time whether a pitch is too high, too low, or just nicks the corner with a backdoor …
Tue, 19 Jun 2018 05:00:18 +0000
Fujifilm Holdings Corp. sued Xerox Corp. on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger. In a complaint …
Tue, 19 Jun 2018 05:00:11 +0000
Language in a confidential severance agreement Tesla Inc. is using as part of the biggest job cut in its history is likely to deter dismissed employees from going public with worker safety concerns, according to employment-law experts. A proposed sever...
Tue, 19 Jun 2018 04:59:58 +0000
Flo Technologies, Inc., provider of leak prevention systems to prevent water damage in homes, has launched a reimbursement program called HomeProtect that will pay back homeowners for their insurance deductibles up to $2,500 per year if their Flo-equip...
Tue, 19 Jun 2018 04:36:50 +0000
Some homeowners are suing a North Carolina city to get dams that were compromised by Hurricane Matthew repaired. The Fayetteville Observer reported residents from four neighborhoods say the city should rebuild the dams even though they are privately ow...
Tue, 19 Jun 2018 04:26:31 +0000
Citizens Property Insurance Corp., the Florida state-run insurer of last resort, has devised a new policy requiring lobbyists seeking to lobby the insurer to register via a new online registration system. The new corporate policy comes in response to a …
Tue, 19 Jun 2018 04:22:11 +0000
The Mississippi Highway Patrol is paying $500,000 in a lawsuit over a fatal wreck that happened when a state trooper was driving fast on a dark highway without his blue lights flashing. The crash happened about 1:30 a.m. on May …
Tue, 19 Jun 2018 00:45:59 +0000
Two former Iowa Workforce Development judges may sue the agency for wrongful discharge after the Iowa Supreme Court made significant rulings in their cases on June 15 that could have broad implications for other state workers. Susan Ackerman sued in …
Mon, 18 Jun 2018 19:51:12 +0000
Risk Strategies has acquired San Rafael, Calif.-based Craford Benefit Consultants. Terms of the deal were not disclosed. Craford is an employee consulting and benefits brokerage firm that also has offices in Portland, Ore. and Charlotte, N.C. Risk Stra...
Mon, 18 Jun 2018 19:45:46 +0000
Sacramento, Calif.-based Warren G. Bender Co. has named Maggie Bender-Johnson president. Bender-Johnson, formerly vice president of operations, has been a part of Warren G. Bender since 2005. Her father, Stephen Bender, who formerly was president and C...
Mon, 18 Jun 2018 16:53:38 +0000
The last defendant pleaded guilty to conspiracy and agreed that he owes the federal government $149,000 in a case involving a huge explosion at a Louisiana National Guard-owned site. William Terry Wright’s plea agreement was described in news release J...
Mon, 18 Jun 2018 16:40:06 +0000
The Kellogg Company, based in Battle Creek, Mich., is voluntarily recalling some of its Honey Smacks cereal after salmonella infected 73 people in 31 states. The Centers for Disease Control and Prevention says most of the outbreaks were in California, …
Mon, 18 Jun 2018 16:32:09 +0000
G2 Corporation, doing business as Screen Tight, violated federal law by subjecting a female worker in the Patio Screen Door Fabrication warehouse in Corsicana, Texas, to unwelcome physical and verbal sexual harassment at the hands of her production man...
Mon, 18 Jun 2018 16:30:07 +0000
Amsted Rail Co. Inc., which manufactures steel castings for the rail industry, will pay $4.4 million and furnish other relief to settle a class disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). The EEOC...
Mon, 18 Jun 2018 16:26:33 +0000
Appalachian Underwriters Inc. has added Armando Duran as external marketing representative for Texas. He is based in the Dallas/Fort Worth area and will focus on agent relationships throughout the state. Duran comes to AUI with over 10 years of experie...
Mon, 18 Jun 2018 16:25:32 +0000
The U.S. Geological Survey says a 4.0 magnitude earthquake has shaken parts of central Oklahoma, but there were no immediate reports of damage. The USGS says the earthquake was recorded at 3:56 p.m. about 7 miles (12 kilometers) north of …
Mon, 18 Jun 2018 16:24:31 +0000
Nebraska lawmakers may have cleared the way for companies to test self-driving vehicles with a law passed earlier this year, but don’t expect a large number to hit the streets anytime soon. Although industry officials say Nebraska has positioned itself …
Mon, 18 Jun 2018 16:21:21 +0000
A recent Iowa Supreme Court decision involving a 2013 car accident on a northwest Iowa county road could make it more difficult for citizens to hold city, county and state officials responsible when people are hurt as the result of …
Mon, 18 Jun 2018 15:48:33 +0000
Cambridge, Mass.-based online insurance agency EverQuote Inc. has commenced an initial public offering it hopes will produce $43.2 million in net proceeds for the company. EverQuote is offering 3,125,000 shares of its Class A common stock at an initial...
Mon, 18 Jun 2018 14:55:31 +0000
A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet _ one that doesn’t come with a high. Applications for state …
Mon, 18 Jun 2018 14:49:18 +0000
Insurance companies say they have received more than 12,000 claims for damage to vehicles and houses in Colorado Springs, Colo. after the city’s worst hail storm in 20 years. The Colorado Springs Gazette reported the storm also damaged about 250,000 …
Mon, 18 Jun 2018 14:38:20 +0000
Starbucks Corp. and other coffee retailers are looking to get a reprieve in a legal battle over whether they need to post warnings in California that a cup of java contains chemicals known to cause cancer. The California Office of …
Mon, 18 Jun 2018 14:34:31 +0000
The U.S. Supreme Court on Monday agreed to hear an appeal by a New York investment banker banned from the industry by the Securities and Exchange Commission in a case that could limit the scope of those who can be …
Mon, 18 Jun 2018 13:30:41 +0000
Last month, a group of 10 families filed an action against the European Union at the European General Court, the EU’s second highest court. All claim to have suffered loss from climate change. Specifically, they argue that greenhouse gas (GHG) …
Mon, 18 Jun 2018 12:49:19 +0000
Pennsylvania’s Public Utility Commission (PUC) voted on Thursday to allow Energy Transfer Partners LP’s Sunoco Mariner East 1 natural gas liquids pipeline to return to service, reversing a suspension tied to safety concerns. The PUC stopped flows on Ma...
Mon, 18 Jun 2018 12:48:29 +0000
German authorities arrested the head of Volkswagen’s luxury arm Audi on Monday, the most senior company official so far to be detained over the carmaker’s emissions test cheating scandal. Munich prosecutors, who earlier this month widened their probe i...