March 23, 2018
California courts are preparing for an influx of lawsuits tied to last year’s historically destructive wildfires and mudslides, Chief Justice Tani Cantil-Sakauye told lawmakers this week in her annual “state of the judiciary” address. Cantil-Sakauye, who has sparred with President …
March 23, 2018
Virginia’s largest electric utility asked a federal appeals court Wednesday to overturn a judge’s ruling that the company is violating federal law by discharging arsenic through groundwater into surrounding waters from a coal ash storage site. Dominion Energy argued before …
March 23, 2018
Thousands of utility customers remain without power in New Jersey following the fourth major storm to hit the state in three weeks. The storm dropped around a foot of snow in some parts before leaving the region early Thursday, with …
March 23, 2018
Pharmacy chain Walgreens Co. has agreed to pay $5.5 million to resolve allegations that it overcharged for prescriptions covered by the Massachusetts workers’ compensation insurance system. State Attorney General Maura Healey says the “settlement ensures that Walgreens does not profit …
March 23, 2018
The Lloyd’s market’s pre-tax loss of £2 billion (US$2.8 billion) in 2017 was partly due to hurricanes and wildfires in the third and fourth quarters. But these losses were exacerbated by the continued deterioration in its attritional, or non-catastrophe losses …
March 23, 2018
Insly, a cloud-based insurance platform, announced an investment of €2.2 million (US$2.7 million), led by Concentric and Black Pearls VC. Founded in 2015, Insly offers insurance policy management for insurance brokers and agents, as well as MGAs and wholesale. The …
March 23, 2018
Fosun International Ltd came up short in its bid to buy National Bank of Greece SA’s insurance unit, but the Chinese conglomerate is still willing to swoop in if the winning bid collapses, albeit at a different price this time. …
March 23, 2018
An Ohio auto parts manufacturer has agreed to a settlement that includes a $1 million penalty resulting from workplace health and safety violations, federal safety officials said. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) said in …
March 23, 2018
More than 80 percent of homes damaged by Hurricane Harvey in Houston’s floodplains could’ve been spared if they were at the higher elevation now being proposed by the mayor, according to a new report. The figures come from a new …
March 23, 2018
An Arkansas judge on March 21 struck down the state’s decision to issue its first licenses to grow medical marijuana, ruling that the process for awarding the permits and the rankings of applicants were unconstitutional. Pulaski County Circuit Judge Wendell …