A U.S. federal judge on Tuesday dismissed a lawsuit by some of Puerto Rico’s bondholders, who had argued that the U.S. territory broke the law by defaulting on constitutionally-guaranteed debt despite having the money to make payments. Judge Laura Taylor …
Neighbors of Duke Energy Corp.’s unlined coal ash pits in North Carolina went to court after the company said their $5,000 “goodwill” payments required them to give up future health claims linked to contaminated well water, but now they’re ending …
The Florida Association of Insurance Agents (FAIA) and Assured Risk Cover (ARC) have formed an agreement that grants FAIA member agents access to the StormPeace parametric insurance product that pays out-of-pocket expenses not covered by homeowners insurance. StormPeace automatically pays …
Business Risk Partners (BRP) has expanded into the financial services sector with the addition of two specialty insurance coverages: miscellaneous professional liability insurance for a broad range of lenders, advisors and financial entities, as well as a comprehensive policy for …
St. Louis, Mo.-based Panera Bread Co. is voluntarily recalling some cream cheese sold in its U.S. stores because of possible bacterial contamination. The St. Louis-based company released a statement Sunday saying the recall was initiated after testing from a single …
Lowe’s Home Centers LLC, a nationwide chain of home improvement and hardware stores, will pay $55,000 and provide other relief to settle a disability discrimination lawsuit filed on behalf of a manager at one of the company’s stores in Texas, …
A Detroit casino operator has consented to pay $140,000 to settle a disability discrimination lawsuit brought by federal officials. The U.S. Equal Employment Opportunity Commission (EEOC) reported that its lawsuit charged Greektown Casino LLC with unlawfully failing to provide a …
Firefighters say wildfires have scorched hundreds of acres in western Oklahoma, damaging fences and equipment but causing no injuries. Capt. Forrest Valentine of the Clinton Fire Department said Sunday firefighters battled two large wildfires Saturday afternoon, including one north of …
Sharon McMillan has been hired as financial controller for both Missouri-based Valley Insurance Agency Alliance (VIAA) and its sister company POWERS Insurance and Risk Management. McMillan will handle the planning, organization and management of the internal financial and human resources …
University of Arizona Provost Andrew Comrie is facing scrutiny following a $2 million federal lawsuit filed by former Dean Patricia MacCorquodale over gender discrimination. The Arizona Daily Star reports the lawsuit made public last week says Comrie perpetuated a sexist …
