Mattel Inc. and its Fisher-Price unit have settled lawsuits alleging their recalled Rock ‘n Play baby sleeper was so defectively designed that it led to the deaths of infants. The agreement, disclosed in a Delaware court filing last week, resolves …
Mattel Settles Baby Sleeper Death Suits Before Start of a Trial Read More »
On Jan. 5, 2025, at about 2:35 in the afternoon, the first severe hailstorm of the season dropped quarter-size hail in Chatham, Mississippi. According to the federal storm events database, there were no injuries, but it caused $10,000 in property …
Storm Damage Costs Are Often a Mystery. That’s a Problem for Understanding Risk Read More »
R & G Endeavors, Inc., a fast-food franchisee doing business as Culver’s Restaurants of Cottage Grove, will pay $261,000 and furnish other relief to settle two cases brought by the U.S. Equal Employment Opportunity Commission (EEOC), one involving race, sex …
Minnesota Culver’s Franchise Settles Harassment Case for $261K Read More »
Need a bit more time to enter? Good news – the extended deadline to submit for Insurance Journal’s Top 100 Agencies and Top Agency Partnerships ranking is now June 10! We hope that you will consider entering your firm for …
Extended Deadline: Be Recognized as an Independent Agency Leader Read More »
A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While AESC didn’t specify what those problems are, South Carolina’s Republican governor said the …
Billion-Dollar Carolina Battery Plant Pauses Construction Amid Tariff Uncertainty Read More »
Walmart Inc. is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster. The world’s largest retailer will start offering drone service at 100 stores across Charlotte, North Carolina; Tampa, …
Walmart Boosts Drone Deliveries in SE in Effort to Speed Up Orders Read More »
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Midwest Insurance Company (Springfield, Illinois), West River Insurance Company (Sioux Falls, …
AM Best Upgrades Credit Ratings of Members of Midwest Insurance Group Read More »
The U.S. Supreme Court made it easier on Thursday for people from majority backgrounds such as white or straight individuals to pursue claims alleging workplace “reverse” discrimination, reviving an Ohio woman’s lawsuit claiming she was illegally denied a promotion and …
US Supreme Court Makes ‘Reverse’ Discrimination Lawsuits Easier to Pursue Read More »
Credit Suisse’s $440 million London lawsuit against Japan’s SoftBank Group Corp. kicked off on Thursday over losses linked to Greensill Capital, with the collapsed finance firm’s founder Lex Greensill expected to give evidence next week. The case, which centers on …
Credit Suisse, SoftBank Fight Over Greensill Losses in $440 Million London Lawsuit Read More »
New Zealand Rugby agreed a sponsorship deal with Gallagher insurance that will give the US-based insurance brokerage naming rights on the playing kit of the All Blacks rugby team. Gallagher’s brand will appear on training and match-day shorts of the …
New Zealand All Blacks Rugby Team Agrees Sponsorship Deal With Broker Gallagher Read More »
