Federal prosecutors say a defunct company that spilled more than a million gallons of crude oil and wastewater in California must pay more than $65 million in penalties and cleanup costs.
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Arkansas Tyson Workers Sue Over Lack of COVID Protections
Thirty-four Tyson Foods employees, former employees and family members filed a lawsuit against the companym saying it failed to take appropriate precautions at its meat-packing plants during the early days of the COVID pandemic.
AM Best: U.S. P/C Industry Shows Considerable Resilience Despite Continuing Challenges
Weather-related losses continued for the U.S. property & casualty (P/C) insurance segment in 2022, putting pressure on financial results in a year that also saw a 40-year high for inflation and the second-costliest catastrophe event on record, according to an AM Best report
New Report: 2022 Was A Record-breaking Year for U.S. Product Recalls
For the second consecutive year, more than 1 billion units of food, drugs, medical devices, automobiles, and consumer products were recalled in the Unites States.
NHTSA Opens Probe into 120,000 Tesla Model Y Vehicles
The National Highway Traffic Safety Administration said it is opening a preliminary investigation into 120,000 2023 Tesla Model Y vehicles after two reports of steering wheels falling off while driving.
ICEYE Nat CAT Solutions Support the Development of the NYC Parametric Flood Pilot Program
ICEYE, a world-leading provider of natural catastrophe solutions and insights, announced today its participation in a parametric pilot program to protect low-income communities in New York City from flooding.
EPA Poised to Limit Levels of ‘Forever Chemicals’ In Water
The EPA is expected to propose restrictions on harmful “forever chemicals” in drinking water after finding they are dangerous in amounts so small as to be undetectable.
Verisk Analytics, Inc. Announces $2.5 Billion Accelerated Share Repurchase Transaction
Verisk Analytics, Inc. today announced that it has entered into accelerated share repurchase agreements with each of Citibank and Goldman Sachs & Co. to repurchase an aggregate of $2.5 billion of its common stock.
WTW Research Shows Diverse Investment Teams Outperform
New analysis released by WTW has revealed that an investment team with a greater level of diversity leads to better investment outcomes.
FTX’s Crash Exposed Insurance Challenges that Risk Impeding the Crypto Sector Recovery
Digital-asset platforms lack insurance unlike stock brokerages.