Georgia Construction Company Must Remain Defendant in Wetlands Suit, Court Finds

New You can now listen to Insurance Journal articles! A federal court in Georgia has refused to dismiss a construction company from a lawsuit over wetlands violations, even though the company did not own the property at the time of the alleged dumping of dredge material. The contractor, TowneClub Construction, asked the U.S. District Court … Read more

Limited company purchase plans hit three-year high: Paragon Bank

The proportion of landlords who plan to purchase their next buy-to-let (BTL) property through a limited company has reached the highest level in three years, according to the latest data from Paragon Bank. The survey, which was answered by more than 700 landlords and undertaken by BVA BDRC, shows that BTL investors who intend to … Read more

2 Fired for not Joining Company Christian Prayer

Two employees with a North Carolina company say they were fired after refusing to participate in the firm’s daily Christian prayer meetings, which they said went against their respective religious beliefs, according to a lawsuit filed by the Equal Employment Opportunity Commission. The lawsuit, which seeks a jury trial, was filed in U.S. District Court … Read more

Xerox CEO Visentin Has Died. What It Means for the Company.

Text size John Visentin. Courtesy Xerox Xerox Holdings shares are in the spotlight as investors respond to news that CEO and Vice Chairman John Visentin has died unexpectedly at age 59, a development that could trigger renewed speculation about a potential sale or breakup of the 116-year-old company. The enterprise printing company (ticker: XRX ) … Read more

Energy company cyber demand ‘skyrockets’ – Daily – Insurance News

Energy company demand for cyber insurance has skyrocketed globally in recent months as firms worth billions of dollars find themselves at the top of hacker target lists, a Gallagher report says. The Global Energy Insurance Market Update says energy and utility companies are vulnerable to exploitation given their large geographic spread, organisational complexity and interdependencies … Read more

India’s first mRNA Covid vaccine will be priced competitively, says company

Gemcovac-19, India’s first mRNA Covid-19 vaccine, will be priced competitively with its global peers, said manufacturer Gennova Biopharmaceuticals on Wednesday. Trials for a universal booster shot would begin soon, and there are plans to conduct paediatric tests as well. Gemcovac is the world’s third mRNA vaccine for Covid-19, after … Read more

Unknown company attempts to take a bite out of Apple

An Austin-based company with no known business history but with a patent for “wireless communication jewelry” is suing Apple Inc. for infringement over the sale of AirPods, according to Apple company watchdog groups. The suit was filed in U.S. District Court for the Western District of Texas on Friday by WFR IP LLC, “which appears … Read more

Cable company to appeal $375M jury verdict in murder

A cable company said it plans to appeal a $375 million jury verdict in which it was found 90% liable in an employee’s murder of an 83-year-old customer. A Dallas jury on Thursday found Stamford, Connecticut-based Charter Communications LLC, which operates under the name Spectrum, liable in connection with the 2019 death of Betty Thomas. … Read more