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4th Circuit Finds Nothing Ambiguous About Bump-Up Exclusion

Whether you call it an acquisition or a merger, the fact that Willis Group Holdings ended up controlling Towers Watson and shareholders filed a lawsuit alleging they were shortchanged triggered a “bump-up” exclusion in a directors and officers policy, a … Source: Claims Journal

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U.S. Senate Committee to Vote on Bipartisan Rail Safety Bill

The U.S. Senate Commerce Committee on Wednesday will vote on sweeping bipartisan rail safety legislation prompted by a Norfolk Southern-operated NSC.N train derailment on Feb. 3 in Ohio. Committee Chair Maria Cantwell, a Democrat, said the legislation will mandate the … Source: Claims Journal

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Congress Eyes New Rules for Tech: What’s Under Consideration

WASHINGTON (AP) – Most Democrats and Republicans agree that the federal government should better regulate the biggest technology companies, particularly social media platforms. But there is very little consensus on how it should be done. Should TikTok be banned? Should … Source: Claims Journal

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Claims Business: Sedgwick, Davies and Engle Martin

Sedgwick Acquires Appraisal Service Sedgwick, the global benefits, risk management and claims management firm, has acquired Appraisal Service of Mississippi Inc., an auto and property valuation firm. The move further expands Sedgwick’s presence in auto and property claims, the company … Source: Claims Journal

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