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The policyholder's diversity case against Qualcomm is rejected

A federal district court in Delaware has dismissed derivative litigation filed by shareholders against Qualcomm Inc. directors who accused them of illegal and discriminatory practices, citing the absence of black directors. in the U.S. District Court. Wilmington accused the San Diego-based technology company of breach of trust and abuse of control, among other charges, according to Becky Kiger, commissioned by …

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Axa XL offers lenders' pollution approval

Axa XL Americas said on Wednesday that they are introducing a protective environmental asset cover, a recommendation specifically designed to protect lenders' financial interests against losses from loans to fixed facilities due to sudden and gradual pollution conditions. There is. a limit of $ 50 million, according to a spokeswoman. Axa XL said in its statement that the approval offers …

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EEOC's updated covid technical assistance includes retaliation

The US Equal Employment Opportunity Commission said on Wednesday that it has updated its covid-19 technical assistance to include more information on employers' retaliation in pandemic-related employment situations. former employees are protected from reprisals from employers for asserting their rights under any of the EEOC-enforced anti-discrimination laws. This is Title VII of the Civil Rights Act of 1964, as amended …

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The SEC allows investors to select candidates in corporate selection

(Reuters) – The US Securities and Exchange Commission voted on Wednesday to give proxy investors greater freedom to choose their candidates in disputed board elections, as the agency's Democratic leadership seeks to strengthen shareholders' voting rights. Until now, shareholders who voted remotely in disputed elections have had to choose between a complete list of board members nominated by management or …

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The SEC application against public companies falls to a seven-year low

(Reuters) – US Securities and Exchange Commission's enforcement action against public companies fell to a seven-year low in fiscal year 2021, even as monetary settlements rose slightly, according to research published on Wednesday. US market regulators filed 53 enforcement action against public companies and subsidiaries during the year ended September 30, 32% below the previous five-year average and the lowest …

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The SEC shall consider rules on high frequency trading companies

(Reuters) – The chairman of the US Securities and Exchange Commission, which seeks to improve transparency in the world's largest bond market, has asked staff for new rules to ensure that major trading companies are properly registered as dealers. Speaking in New York The Federal Reserve's Gary Gensler said the rules would likely require PTFs, also known as high-frequency trading …

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OSHA suspends work on covid-19 vaccine mandate

The Occupational Safety and Health Administration has suspended activities related to its temporary emergency standard that require covid-19 vaccines or regular tests for millions of workers, to comply with a federal appellate court decision on Friday. According to a note from the U.S. Department of Labor. website, "While OSHA remains convinced of its power to protect workers in emergencies, OSHA …

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Global premiums are expected to increase by 3.4% 2021: Swiss Re

Global insurance premiums are expected to grow by 3.4% in real terms in 2021, taking global direct premiums written in 2021 to 8% above the 2019 level, and global insurance premiums should exceed $ 7 trillion for the first time by mid-2022, Swiss Re said. Ltd. in a report on Wednesday. Growth is expected to continue at 3.3% in 2022 …

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HDI Global Specialty enters London's marine hull and machinery market

HDI Global Specialty has moved into the market for marine hulls and machinery in London. The insurer has appointed senior insurer Michelle Boyd to add the specialty line to its portfolio. According to HDI Global Specialty, the coverage is for shipowners, managers , charterers and financiers, and includes freight and total loss interests, shipbuilding and conversion risks, loss of revenue …

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How to make freight insurance more efficient?

Do you have an online store and want insurance coverage for the goods you send to customers? Well, in that case, shipping insurance can be very useful. However, there are a few things to know before buying one for maximum peace of mind and value for money. Let's discuss different types of freight insurance: Before we highlight other factors that …

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