General

The U.S. Equal Employment Opportunity Commission announced it has settled a lawsuit with a leading engineering company that agreed to pay the agency $110,000.

Business owners in California will now be strictly limited in the use of consumers’ credit reports during the hiring process after a new bill was signed into law.

Rihanna, the world-famous pop star, listed her home in Beverly Hills for $4.5 million, $2.4 million less than she bought it for in 2009.

In South Carolina, a husband who was hospitalized for a serious illness stated on his will that his $500,000 life insurance policy would be split five ways among his wife and four sons.

Two of the largest oral care companies, Colgate Palmolive and GlaxoSmithKline, came to an agreement over a lawsuit involving the shape of toothpaste as it lies on the toothbrush in advertisements, also known as a nurdle.

A Newark, New Jersey, tax preparer was permanently prohibited from preparing tax returns for clients following a civil injunction complaint filed against him by the U.S. Department of Justice, The Star-Ledger reports.

Small businesses, due to their size and relative vulnerability, need to protect themselves with insurance.

Cynthia Tester, a former lawyer, is currently facing a $2 million malpractice lawsuit from her ex-client, Christine Ferer, who alleges Tester failed to adequately represent her during a lawsuit against Fenton Construction.

The Waldorf-Astoria hotel in New York will be the location for Business Insurance’s 2012 Risk Management Summit taking place February 29-March 1.

While small business owners have to juggle many tasks, it’s important to continually be assessing risk and purchasing the right type of insurance coverages, which can protect them from liability claims, a Phoenix law firm recently reminded entrepreneurs.