Monthly Archives: <span>March 2019</span>

Company Says Risk for Environmental Disaster From Pile in Louisiana Falling

Officials with a company that owns an unstable phosphogypsum pile and a lake of acidic water atop it say they’re encouraged by recent efforts to halt a potential environmental disaster in a Louisiana parish. Unexpected movement along the northern face …

AGCS Names Mauthe Regional CEO for Germany, Central & Eastern Europe

Allianz Global Corporate & Specialty SE (AGCS), the industrial insurance unit of Allianz Group, has appointed Hans-Joerg Mauthe as regional CEO for Central & Eastern Europe (CEE). Based in Munich, he will be responsible for the German market and for …

Northern California River Flooded 2,000 Buildings

A Northern California river flooded 2,000 homes, businesses and other buildings and left two communities virtual islands after days of stormy weather, officials said Wednesday. The towns of Guerneville and Monte Rio were hardest hit by water pouring from the …

Democrats Propose Ban on Mandatory Arbitration in Employment, Consumer Contracts

Six Google employees on Thursday joined U.S. lawmakers to support bills that would ban mandatory arbitration in employment and consumer contracts, as the workers seek to build on recent success in getting the Alphabet Inc company to drop some arbitration …

700K State Farm Customers in Arizona Getting 3% Auto Insurance Rate Cut

State Farm Mutual Automobile Insurance Co. is dropping its overall personal auto insurance rate by 3 percent in Arizona. The total state-wide expected impact for State Farm Mutual by this rate decrease in Arizona will be roughly $22.3 million. Combined …

California Charter School Settles Sex Discrimination Lawsuit

Guidance Charter School, of Palmdale, Calif. will pay $8,000 and provide other injunctive relief to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the federal agency announced. The consent decree was approved by the U.S. …

Brazil Probe into Possible Safety Cover-up by Vale Could Lead to Massive Fine

Brazil’s mining authorities have started a probe into Vale SA over a possible coverup regarding safety procedures that could lead to a fine of up to 20 percent of their 2018 gross revenue. The country’s mining secretary, Alexandre Vidigal de …

California Insurance Agents Arrested for Stealing from Clients

Investigations by the California Department of Insurance led to the arrests of insurance agents who allegedly stole tens of thousands of dollars from clients and failed to place insurance coverage for those clients. Maria Aquino, 34, of South Gate, was …

The $900 Billion Auto Aftermarket: Where Total Losses Turn Into Big Gains

Mike Rosser, a 41-year veteran of the salvage car business, remembers a day when auctions for junked cars drew 30 guys standing in the sun, inspecting mangled cars for intact alternators and transmissions. On this February morning, though, the suburban …

Washington Woman Charged in Tiffany Bracelet Claim

Teri Simpson, 43, of Napavine, Wash., was charged in Lewis County Superior Court with second-degree theft in connection with an insurance claim over an expensive piece of jewelry. An investigation by Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit shows Simpson …