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Growing Progressive Set to Hire 10,000 for Claims, IT, Other Roles
Progressive Insurance aims to hire thousands to support several years of year-over-year growth, according to a media statement. At Progressive, the company is looking for qualified candidates within teams including: The claims organization is looking to fill positions ranging from … Source: Claims Journal
Read MoreWilliams-Sonoma to Pay $3.2M for Violating FTC’s ‘Made in USA’ Order
Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in … Source: Claims Journal
Read MoreLockton Re: Hypothetical Cyber Event Offers Carriers an Opportunity to Review Risks
A simulated cyber catastrophe highlights the benefits and problems cyber insurance carriers will encounter as a result, according to a report released by Lockton Re. The report, “A Kaleidoscope of Possibilities: Preparing for Ivan Wiper,” focuses on the consequences of … Source: Claims Journal
Read MoreBHP, Vale Offer Brazil $25.7 Billion Payment for Dam Disaster
Mining giants BHP Group and Vale SA offered to pay Brazil about $25.7 billion in total compensation for a 2015 tailings dam disaster at their joint-venture iron ore complex. The offer comes as the companies and Brazilian authorities renew negotiations … Source: Claims Journal
Read More‘Fearless Girl’ Lawsuit by State Street Settles on Eve of Trial
State Street Corp. and the artist it commissioned to create Wall Street’s sculpture have settled a 2019 lawsuit on the eve of trial. The bank, which commissioned the artwork, was set to square off against the sculptor, Kristen Visbal, in … Source: Claims Journal
Read MoreApollo Accused in Lawsuit of Illegal Human Life Wagering Scheme
Apollo Global Management Inc. bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell entities, according to a new lawsuit. The private equity giant allegedly set up a web of sham … Source: Claims Journal
Read MoreInsurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases
The Florida Supreme Court has given auto insurers more flexibility in reducing payments for medical services under the state’s no-fault auto insurance law and may have finally put to rest years of questions about the much-debated statute. In answering a … Source: Claims Journal
Read MoreUS Great Plains Brace for Possible Tornados: Weather Watch
States across the Great Plains in the US are bracing for possible severe thunderstorms — which may include tornadoes and hail. The areas at risk include parts of Iowa, Nebraska, Kansas and Missouri Friday and that expands into Oklahoma and … Source: Claims Journal
Read More30% of Business Leaders Say Global Political Risk Is Their Biggest Threat
Sixty-five percent of North American business leaders fear this election year will impact their ability to trade internationally, with 32% of U.S. leaders saying political risk is their number one threat. In January, Beazley surveyed over 3,500 business leaders in … Source: Claims Journal
Read MoreJudge Won’t Dismiss Lawsuits Against Travis Scott Over Deadly Astroworld Concert
A judge has declined to dismiss hundreds of lawsuits filed against rap star Travis Scott over his role in the deadly 2021 Astroworld festival in which 10 people were killed in a crowd surge. State District Judge Kristen Hawkins issued … Source: Claims Journal
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