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UKMTO said the vessel, identified as the Olympic Life, and its crew were safe, although the tanker reported some bunker fuel had been discharged into the sea. It said the cause of the incident was unknown. According to MarineTraffic vessel-tracking data, the Greek-owned Very Large Crude Carrier was sailing past Muscat at around 0700 GMT, heading out of the Gulf of Oman, and was not carrying cargo. The ship’s technical manager, Springfield Shipping, said the vessel was struck by an unidentified object at about 0920 GMT, but remained stable and operational. “An initial assessment indicated that there was damage to…

Ride-share drivers for app-based companies such as Uber and Lyft have unionized in Massachusetts, forming what state officials and labor leaders said was the first officially recognized organization in the U.S. to represent such gig workers. The newly formed App Drivers Union received certification from the Massachusetts Department of Labor Relations on Friday to represent nearly 70,000 ride-share drivers operating as independent contractors in the state. “It changes the game for ride-share workers across this country,” Massachusetts Governor Maura Healey, a Democrat, said at a rally with drivers and labor activists in Boston on Tuesday. The certification occurred after voters…

Tony Hart Crest Insurance Group named Tony Hart vice president, employee benefits in the firm’s Henderson, Nevada office. Hart has nearly 20 years of employee benefits brokerage and consulting experience and specializes in cost containment, pharmacy management, population health and alternative funding education. Crest is headquartered in Tucson, Nevada. The brokerage provides property/casualty, life, health and employee benefits services throughout the West. Topics Employee Benefits Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Employee Benefits? Get automatic alerts for this topic.

Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from roughly 5,800 to around 4,000 motor vehicle tort civil case filings in federal courts (Figure 1). That makes intuitive sense. Fewer accidents, fewer claims, fewer lawsuits. From 2008 to 2014, both claim frequency and lawsuit filings were relatively stable. Again, the relationship held. But then something changed. From 2014 to 2023, claim frequency continued to fall—accidents were still declining—yet lawsuit…

New York-based insurance broker USI Insurance Services has gone to court to halt a former employee it alleges has poached a few customers for his own newly-formed agency. USI claims that Billy J. MacNair is violating employment and severance agreements by using confidential information and soliciting his former clients for his own Pennsylvania-based MacNair Enterprises LLC in direct competition with USI. According to the complaint filed in federal district court for Connecticut, MacNair worked for USI in its Norwalk, Connecticut office from September 18, 2023, to January 29, 2026, during which time he gained access to USI’s confidential information while…

The US Supreme Court refused to let Florida file an unusual lawsuit that accused California and Washington of making it too easy for undocumented immigrants to get commercial driver’s licenses. Giving no explanation, the justices on Tuesday rejected Florida’s bid to sue its fellow states directly in the Supreme Court, as states can do under some circumstances to protect their sovereign interests. Justices Clarence Thomas and Samuel Alito dissented, saying they would have granted Florida’s motion to file the complaint. Florida argued unsuccessfully that California and Washington were failing to verify the immigration status of license applicants and require them…

The JPMorgan Chase & Co. banker named in a graphic sexual harassment suit that went viral last month hit back at her accuser with a defamation counterclaim, calling his allegations “entirely false” and “malicious.” Lorna Hajdini last Tuesday night countersued a former colleague on the bank’s leveraged finance team who claimed that she forced him to be her “sex slave” and used racist language to demean him. She “categorically and unequivocally” denied his “disgusting” claims, saying they have “ruined her reputation and destroyed her life.” The April 27 suit against JPMorgan and Hajdini was filed by a John Doe plaintiff,…

Texas Attorney General Ken Paxton is suing online messaging platform Discord, accusing the tech company of exposing children to predators using the service and deceiving users about the safety of the platform. Paxton filed the lawsuit Friday in a Collin County state district court, the latest in a recent flurry of lawsuits by Paxton’s office against tech companies and other businesses ahead of his U.S. Senate GOP runoff against incumbent John Cornyn on Tuesday. Texas joins Nevada, Indiana and New Jersey as states that have recently sued Discord. Florida announced its investigation of the company in March. Many private lawsuits…

Inszone Insurance Services announced the acquisition of Kevin Taylor Insurance Agency, LLC. Operating as Taylor Insurance Agency, the firm brings a personal lines portfolio to the Inszone umbrella, further expanding its footprint in San Antonio, Texas. Originally founded in 2011 as a captive agency, Taylor Insurance Agency transitioned to a fully independent model in January 2014. Topics Mergers & Acquisitions Texas Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Mergers? Get automatic alerts for this topic.

Inszone Insurance Services announced the acquisition of Michigan-based Legacy Partners Insurance Services. Founded in 2013 by Joe Graham, Legacy Partners has spent the last decade growing exponentially throughout Southeast Michigan. Operating out of its Harrison Township headquarters, the agency built its reputation on comprehensive service and a close-knit, highly experienced team Following the acquisition, the Legacy Partners team will maintain its strong roots in Southeast Michigan, continuing to operate primarily from its Harrison Township hub. Founder Joe Graham will remain actively involved as an Agency Partner, working on continued growth in the state of Michigan as well as growing carrier…