Alight Solutions, an employee benefits administrator headquartered in Lincolnshire, Illinois, violated federal law when it discriminated against an employee by denying him a reasonable accommodation for his diabetes, and then firing him because of the disability, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced today. According to the EEOC’s lawsuit, Alight Solutions refused the employee additional breaks during his shift to monitor blood sugar and to recover from diabetic episodes, even though he was willing to make up for the extra breaks by working a longer shift. Among other things, Alight used electronic attendance monitoring systems…
Author: Awais
A Florida mother and her daughter sued Campbell’s after eating SpaghettiOs that they claim were contaminated by worms or parasites, and therefore unfit to eat. In a complaint filed on Tuesday, Mary Hubbard said she discovered the alleged contamination around June 6, 2024, after she and her daughter, known as P.L., began eating SpaghettiOs at their home in Okeechobee County. There “appeared to be worms or parasites actively moving within the food,” and Hubbard shot videos that “clearly depict worm-like organisms moving within the food product,” the complaint said. Hubbard said she bought the pasta at Walmart, which is also…
Arch Capital Group Ltd., the Bermuda-based re/insurer, announced the expansion of Maamoun Rajeh’s role as president. Rajeh, who most recently oversaw Arch’s Reinsurance and Mortgage segments, will also take on responsibility for Arch’s Insurance segment as the company moves forward under a single president model. Rajeh will continue to report to Chief Executive Officer Nicolas Papadopoulo. Maamoun Rajeh David Gansberg is stepping down from his role as a president of Arch and departing the company following a distinguished tenure, having played an important role in building the organization to its current position. “Maamoun has been integral to Arch’s success since…
Convex Group Ltd., the international specialty insurer and reinsurer, announced the launch of Kinetic Insurance Services, a wholly owned, technology-enabled managing general agency, which will start trading in Q4 2026. The MGA has received UK regulatory approval and will be led by Theo Butt, former CEO of Convex Insurance UK Ltd. Anne Middleton will assume the role of CEO of Convex UK. UK-based Kinetic will target specialty and niche lines of business complementary to Convex’s existing portfolio. Backed by Convex and third-party capacity, the platform will leverage technology and underwriting excellence to deliver tailored solutions and exceptional customer service to…
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of FMNE Insurance Company based in Lincoln, Nebraska. The outlook of the FSR is stable. In addition, AM Best has revised the outlook to stable from negative and affirmed the Long-Term Issue Credit Rating of “a-” (Excellent) on the $100 million, 9% surplus notes, due 2044. The Credit Ratings (ratings) reflect FMNE’s balance sheet strength, which AM Best assesses as strongest, as well as its…
RenaissanceRe Capital Partners, the specialist division of the reinsurer, lifted its third-party investor capital managed across joint-venture reinsurance and insurance-linked securities strategies by around 7% over the last year, to end March 2026 with $8.46 billion of assets under management.Recall that, third-party investor assets under management at RenaissanceRe’s Capital Partners division had reached a new record-high of $9.08 billion as of December 31st 2025, before dropping back to $8.24 billion of third-party investor assets under management (AUM) at January 1st 2026. Now, with the total increasing to $8.46 billion at March 31st 2026, the figure stands almost 7% higher year-on-year,…
Ardent elevated its former COO, Dave Caspers, to the top job as the Tennessee-based system grapples with its declining stock price.
Data centers are expected to consume twice as much power and water by 2030 as they expand to meet the surge in demand from artificial intelligence, U.N. researchers said on Wednesday. Unless governments heed the rising environmental costs of AI, the rapid rollout could also strain scarce land resources and create mountains of electronic waste, the United Nations University Institute for Water, Environment and Health warned in a report. Here are a few takeaways: Last year, data centers consumed 448 terawatt-hours of electricity globally, more than the whole of Saudi Arabia. AI accounted for a fifth of the total. They…
Pennsylvania-based specialty insurance provider Novacore announced the addition of Euclid Design Underwriters to its Professional Underwriters Agency (PUA) program. Euclid Design Underwriters is a specialized managing general agent focused on errors and omissions (E&O) coverage for architects, engineers and design professionals. Its team also offers risk consulting, contract review, and risk management support for professional organizations. The move expands PUA’s capabilities in architects and engineers (A&E) professional liability. Novacore said the Euclid Design brand will be integrated into PUA. “Professional liability remains a core area of strategic focus for Novacore, and the addition of Euclid Design further strengthens our expertise…
Democrats Jane Kim and Ben Allen led voting in Tuesday’s race for California insurance commissioner, making them the current favorites to advance to the Nov. 3 primary. However, insurance agent Stacy A. Korsgaden, R, was running a close third. The top two candidates in the primary advance to November’s general election. All precincts have partially reported in, but there are more votes to be counted. Many California residents vote by mail, and ballots postmarked on or before election day have one week to arrive. Jane Kim The insurance commissioner race drew 11 candidates covering several parties, and backgrounds that included…
Wellington Management Co. agreed to buy the asset-management division of The Hartford as the Boston-based investment firm pushes ahead with a wealth expansion. The deal has a net present value of $1.9 billion and is expected to be completed in the first quarter of 2027, after receiving regulatory and fund approvals, according to a statement Wednesday. Wellington, which has more than $1.35 trillion under management, currently sub-advises 83% of Hartford Funds’ roughly $160 billion in assets. As part of the transaction, Hartford will receive $300 million in cash at closing and additional payments over seven years based on the available…
A South Carolina jury on Monday found a store owner not guilty of murder in the 2023 shooting of a Black 14-year-old. The jury returned the verdict for Chikei Rick Chow. Chow, 61, who is Asian, shot Cyrus Carmack-Belton in the back after chasing him from his convenience store in Columbia. He maintained he acted to defend his son. The killing sent waves of anguish and grief through the African American community in Richland County, where nearly half the population is Black. After the verdict was read, sobs and cries of distress could be heard coming from Carmack-Belton’s family seated…
Even if the U.S. and Iran agreed to halt the war and open the Strait of Hormuz, ships trapped in the Gulf will be unable to leave without safety assurances, the CEO of V.Group, a leading global ship manager, told Reuters. Renewed hostilities in the three-month-old conflict are testing a shaky ceasefire while hundreds of ships and about 20,000 seafarers remain stuck in the region with Hormuz largely closed. V.Group, which manages around 800 vessels, has 13 ships stuck in the Gulf, half of them tankers, said Rene Kofod-Olsen, group CEO with one of the world’s top technical ship and…
PORT HURON, Mich. — State health officials urged parents in several counties to vaccinate babies against measles ahead of schedule this spring as cases multiplied in Michigan. The outbreaks of the highly contagious virus — which can lead to brain swelling, deafness, and death — came as parents are opting school-age kids out of vaccinations at a record-high rate. It’s a situation state officials have spent more than a decade trying to avoid. For years, they’ve been trying to make it harder for parents to send their kids to school unvaccinated. But those efforts have backfired in places like St.…