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Twitter Agrees to Pay $810M to Settle Shareholder Lawsuit Over Growth Prospects
Twitter Inc. agreed to pay $809.5 million to settle a shareholder class action lawsuit that accused the social media company of painting an overly rosy picture of its future. The suit, originally filed by Twitter shareholder Doris Shenwick, claimed executives …
POSTED SEPTEMBER 20, 2021 3:25 PM |
PG&E: Power Shutoff Protocol May Avert Dixie-Like Fires in California
PG&E Corp. told a judge it has put into place new safety measures that would have resulted in power being cut to a utility line suspected of sparking the second-largest wildfire in California history. The California utility giant said it …
POSTED SEPTEMBER 20, 2021 2:42 PM |
Aluminum Wrap Being Used to Protect Homes from California Wildfires
Martin Diky said he panicked as a huge wildfire started racing down a slope toward his wooden house near Lake Tahoe. The contractor had enough time to do some quick research and decided to wrap his mountain home with an …
POSTED SEPTEMBER 20, 2021 2:20 PM |
Family Files Lawsuit in Police Restraint Death in Washington
The family of Manuel Ellis, a Black man who died while being restrained by Tacoma police officers who have since been charged criminally, has filed a federal lawsuit over his death. Attorneys for Ellis’ sister, Monet Carter-Mixon, and mother, Marcia …
POSTED SEPTEMBER 20, 2021 2:12 PM |
US Department of Labor Seeks to Reduce New England Landscaping Worker Deaths
In Connecticut, a tree branch contacted a live high-voltage power line as a worker in an aerial lift cut it, electrocuting him. In Massachusetts, a falling tree branch struck and killed a worker cutting down oak trees, while a falling …
POSTED SEPTEMBER 20, 2021 1:58 PM |
People Moves: AXA XL Names Clark as Marine Liabilities Global Practice Leader; Hamilton Hires Ironshore’s Marzec as Head of Management Liability for E&S
AXA XL Names Clark as Marine Liabilities Global Practice Leader AXA XL’s Global Marine insurance business has appointed Stephen Clark as its Marine Liabilities Global Practice leader. Based in Chicago, Clark assumes this new role in addition to retaining his …
POSTED SEPTEMBER 20, 2021 1:56 PM |
Asbestos, Lead Paint, Mold Found at Senior Center in Massachusetts
Three western Massachusetts towns are looking for a new home for their senior center after an environmental assessment found asbestos, lead paint and mold in the 90-year-old building they had been using. The South County Senior Center in Deerfield, Massachusetts, …
POSTED SEPTEMBER 20, 2021 1:49 PM |
Former Delaware Pastor Found Liable for Child Sexual Abuse
A woman who said her father, a former pastor of a Delaware church, sexually abused her as a child and trafficked her to other men, was awarded $1.5 million by a federal jury on Friday. Alicia Cohen, 41, said in …
POSTED SEPTEMBER 20, 2021 1:41 PM |
Cover Whale Partners with E&S Insurer Everspan to Offer Commercial Trucking
Cover Whale Insurance Solutions Inc., a Rancho Santa Margarita, Calif.-based insurtech, is partnering with excess and surplus lines insurer Everspan Indemnity Insurance Co., to offer a commercial trucking insurance program. Cover Whale offers underwriting and data tracking via its proprietary …
POSTED SEPTEMBER 20, 2021 1:09 PM |
UK Insurers Cautiously Willing to Underwrite Fire Safety Risks for High-Rise Recladding Projects: Survey
Insurers have revealed a cautious willingness to underwrite fire safety risks on new projects to remove defective cladding from high rise buildings. Around two-thirds of respondents to a survey by the International Underwriting Association (IUA) stated they would provide a …
POSTED SEPTEMBER 20, 2021 11:54 AM |
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