Monthly Archives: <span>January 2017</span>

San Francisco Deems Sinking 58-Story Millennium Tower Safe to Occupy

San Francisco inspectors say the sinking Millennium Tower is safe to occupy, despite strain on its foundation and electrical systems. The San Francisco Chronicle reported that an inspection report concludes there was no evidence of”`life-safety concerns” at the Millennium Tower. …

Building of $7B Legal Pot Economy Underway in California

The future of California’s legal marijuana industry is being shaped in a warren of cubicles tucked inside a retired basketball arena, where a garden of paper cannabis leaves sprouts on file cabinets and a burlap sack advertising “USA Home Grown” …

Trump Advisor Says U.S. Will Change Climate Policy, Pull Out of Paris Agreement

The United States will switch course on climate change and pull out of a global pact to cut emissions, said Myron Ebell, who headed U.S. President Donald Trump’s Environmental Protection Agency (EPA) transition team until his inauguration. Ebell is the …

Trump’s ‘2-for-1’ Deregulation Scheme Easier Said Than Done

President Donald Trump set a daunting goal for government agencies bound by complex procedures, ordering his department heads to kill two regulations for each new one they issue. The two-for-one order is “a big one,” Trump said as he signed …

Archer Daniels Midland to Sell Crop Risk Services to Validus

U.S. agricultural commodities trader Archer Daniels Midland Co has agreed to sell its Crop Risk Services (CRS) insurance business for $127.5 million to Validus Holdings Ltd, the companies announced on Monday. The deal, which is expected to close in the …

Re/Insurers Can Help Bridge Protection Gap with Technology: GA Report

Digital technologies can be harnessed by the re/insurance industry to narrow insurance protection gaps in developing and emerging markets, thereby improving societal resilience after natural disasters, according to a report published by the Geneva Association. However, the protection gap problem …

Gun-Toting New Hampshire Lawmakers Not Required to Take Safety Classes

A proposal to require firearm safety training for New Hampshire lawmakers wishing to carry guns on the House floor has been defeated. Democratic Minority Leader Steve Shurtleff proposed the rule Thursday after a representative dropped her loaded gun during a …

Test Results Show Pennsylvania Workers Killed by Train Were on Drugs

Both maintenance workers killed by an Amtrak train near Philadelphia last year were on drugs when the crash happened, test results show, but that doesn’t appear to have factored into safety lapses and miscommunications being blamed for their deaths. Toxicology …

Maine Governor Signs Bill Delaying Parts of Legal Pot Law

Maine Governor Paul LePage has signed a bill to delay portions of Maine’s legal marijuana law. LePage signed the bill on Friday night. It still became legal to possess and grow marijuana in the state on Monday. But the bill …

EPIC Insurance Brokers and Consultants Hires Giuditta in Connecticut

EPIC Insurance Brokers and Consultants, a retail property, casualty brokerage and employee benefits consultant headquartered in San Francisco, Calif., has hired Christopher J. Giuditta as a vice president. Giuditta will focus on the cultivation and development of new revenue opportunities …