Monthly Archives: <span>April 2018</span>

AG: Medical Marijuana Not Subject to North Dakota Corporate Farm Law

North Dakota’s Great Depression-era law banning corporate farming won’t preclude horticulture operations from growing medical marijuana, provided it’s not done on agricultural land, the state’s attorney general has determined. The state health department sought clarification from Attorney General Wayne Stenehjem …

Owners Settle with Louisiana Sheriff, Deputy Over Killing of Dog

The owners of a dog that was shot and killed by a Louisiana sheriff’s deputy will receive $75,000 in a settlement of their lawsuit against a sheriff who has had legal troubles. The settlement isn’t an “admission of liability” by …

Seeman Holtz P&C Acquires Federal Employee Insurance Business in Oklahoma

Seeman Holtz Property & Casualty Inc. has acquired the federal employee insurance business of Federal Employee Services LLC in Edmond, Oklahoma. Federal Employee Services provides coverages to both civil service and military. Seeman Holtz will be handling and servicing all …

Utah Construction Firms Agree to Settle Whistleblower Lawsuit for $1.2M

Two Utah construction companies have agreed to pay $1.2 million to settle a whistleblower’s lawsuit alleging abuse of a federal program that helps small businesses. The U.S. Attorney’s Office says the Salt Lake City-based Big-D Construction Corp. already has paid …

North Idaho Insurance, Summit Now Under Alliant Brand

Two Sandpoint, Idaho insurance brokerages will now operate under the Alliant Insurance Services brand. North Idaho Insurance and Summit Insurance Resources Group have a new name and central location. Both firms will assume the Alliant Insurance Services name, operating from …

Uber Seeks to Have California Suit by Woman Hit on Freeway Thrown out

Uber Technologies Inc. is trying to fend off a lawsuit by a woman who claims she was seriously injured after her driver ordered her out of the car in the middle of a California freeway. The ridesharing company is asking …

Russia’s Insurers May Need More State Bailouts, Says Insurance Association Chief

Russia’s banking crisis and a weak economy could spell more trouble for its insurance sector, requiring further state support following the bailout of top insurer Rosgosstrakh last year, the head of the country’s main insurance lobby said. Russia’s financial industry …

SoftBank Borrows $8B, Backed by Its Stake in Alibaba, Say Sources

SoftBank Group Corp. borrowed about $8 billion through a margin loan backed by its Alibaba Group Holding Ltd. stake as the Japanese technology giant aims to bolster its financial flexibility, according to people familiar with the matter. The loan, guaranteed …

Willis Towers Watson Beefs Up UK Investment Consultancy by Integrating 2 Units

Willis Towers Watson announced the transfer of its UK Insurance Investment Solutions Group (IISG) to the company’s Insurance Consulting and Technology (ICT) UK Life business – a move that aims to help insurers improve their investment strategies. The move, which …

Pennsylvania Man Charged with Filing Fraudulent Insurance Claims in New Jersey

A Pennsylvania man has been charged with filing nearly $50,000 in fraudulent insurance claims for items allegedly lost or stolen while he was traveling around the country. Robert Cirino of Reading, Penn., was indicted on charges of second-degree insurance fraud …