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People Moves: Plymouth Rock Home Names Zygmunt Chief Operating 0fficer
Plymouth Rock Home Assurance Corp., headquartered in Boston, appointed Kevin Zygmunt as its chief operating officer. In his new role, he oversees operations for the marketing, underwriting, service, and claims teams for the home group. Zygmunt most recently led the …
POSTED APRIL 07, 2025 9:00 AM |
Chevron Ordered to Pay $744M for Damaging Louisiana Wetlands
Oil company Chevron must pay $744.6 million to restore damage it caused to southeast Louisiana’s coastal wetlands, a jury ruled on Friday following a landmark trial more than a decade in the making. The case was the first of dozens …
POSTED APRIL 07, 2025 8:00 AM |
Meta Plans Nearly $1 Billion Data Center Project in Wisconsin
Meta Platforms Inc. plans to spend nearly $1 billion on the development of a data center project in central Wisconsin, underscoring a larger effort from the social media giant to ramp up investments in AI and cloud infrastructure. In February, …
POSTED APRIL 07, 2025 8:00 AM |
$2M Settlement Reached in Death of Young Woman at North Dakota Jail
A $2 million agreement has been reached in a lawsuit over the death of a young woman while she was in custody at a North Dakota county jail in 2020. Lacey Higdem, 19, died of a drug overdose on June …
POSTED APRIL 07, 2025 6:00 AM |
Texas Judge Awards $6.6M to Former Aides Fired by AG Paxton
A Travis County district court judge on Friday awarded $6.6 million to four former senior aides to Attorney General Ken Paxton who said they were improperly fired after reporting Paxton to the FBI. Judge Catherine Mauzy stated in her judgment …
POSTED APRIL 07, 2025 6:00 AM |
Bayer Renews Bid for US Supreme Court to Curb Roundup Cases
Bayer said on Friday it was again petitioning the U.S. Supreme Court to sharply limit legal claims that its Roundup weedkiller causes cancer, seeking to avoid potentially billions of dollars in damages. Bayer said in its petition that consumers should …
POSTED APRIL 07, 2025 5:12 AM |
Hedge Funds Hunt Deals in Risk Scenarios Too Costly for Insurers
As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set for hedge funds to pursue market-beating returns fanned by climate change. The investment model in question is built around so-called …
POSTED APRIL 07, 2025 5:02 AM |
World Insurance Associates Acquires Royalty Insurance Services in California
World Insurance Associates LLC has acquired Royalty Insurance Services in Van Nuys, California. Royalty has been providing commercial trucking insurance for over 23 years. World Insurance Associates is a national financial services organization headquartered in Iselin, New Jersey operating from …
POSTED APRIL 07, 2025 5:00 AM |
Maryland Lawmakers Send Bill Limiting Sexual Abuse Liabilities to Governor
Maryland lawmakers passed a measure Saturday to try to limit future liabilities from claims of sexual abuse at state and private institutions after thousands of people unexpectedly came forward with allegations of abuse, many of them in youth detention centers, …
POSTED APRIL 07, 2025 5:00 AM |
Maine Approves 9.6% Decrease in Workers’ Compensation Costs
Maine has approved the insurance industry’s filing that will lower workers’ compensation insurance loss costs an average of 9.6%. The lower loss costs will go into effect for new and renewing policies as of April 1, 2025. According to Superintendent …
POSTED APRIL 07, 2025 5:00 AM |
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