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

May Tornadoes Losses Among Highest Insured Losses in Ohio History

Insured losses from Memorial Day tornadoes that ravaged parts of Ohio will be among the largest in the state’s history. The Columbus Dispatch reports Ohio Insurance Institute data puts the total insured losses from the storms between $465 million and …

India Court Grants Facebook Some Relief in Key Privacy Case

India’s top court handed out a reprieve to Facebook Inc. in its battle to preserve the encryption feature of its Whatsapp messaging service which prevents it from sharing details of users or messages with the authorities. The court stopped short …

Flooding Left 1.3M Acres Unplanted in Arkansas This Year

This spring’s heavy rainfall and flooding left 1.3 million acres of land unplanted in Arkansas. The Arkansas Democrat-Gazette reports Lawrence County farmers saw nearly 74,000 idled acres. Jerry Morgan is one of the county’s farmers who says his farm had …

Hamilton to Double in Size with Completed Acquisition of Pembroke Managing Agency

Hamilton Insurance Group said it has completed its acquisition of Liberty Mutual’s Pembroke Managing Agency at Lloyd’s and its Ironshore Europe DAC business. The acquisition, first announced in mid-March, will double the premium volume and size of Hamilton, a Bermuda-based …

Pacific Northwest Earthquake-Warning System Gets Funding Boost

The U.S. Geological Survey is greatly increasing funding for the region’s seismic network, putting it on track to send public alerts of impending earthquake shaking within the next two years. The Seattle Times reports the federal agency gave $10.4 million …

Former L.A. Times Columnist Awarded Nearly $15.5M for Age Discrimination

A jury has awarded nearly $15.5 million to a former sports columnist for The Los Angeles Times who said he was forced out of his job because of age and health discrimination. The award is more than twice the $7.1 …

Lawsuit Accuses Oregon Group of Falsely Advertising Dairy Products

A class-action lawsuit claims that an Oregon creamery association falsely advertises the source of its milk, a report said. The lawsuit was filed by the Animal Legal Defense Fund against the Tillamook County Creamery Association in western Oregon, The Statesman …

Deadlock Continues as EU Rebuffs Johnson Bid to Reopen Brexit Deal

The European Union poured cold water on Boris Johnson’s attempt to renegotiate the Brexit deal, saying the so-called backstop to prevent a hard Irish border — which the British prime minister wants scrapped — was a vital part of the …

Drug Maker Endo Skirts Trial, Settles Its Opioid Claims for $11 Million

Endo International Plc agreed to an $11 million settlement to avoid going to trial in the first federal court cases targeting opioid makers and distributors over the public-health crisis caused by the painkillers. Endo said Tuesday it will pay $10 …

The Politics Behind the Push for a Federal Marijuana Business Banking Law

Senator Jeff Merkley once shadowed a cannabis grower and dispenser as he tried to pay his state taxes. He stuffed a backpack with $70,000 in $20 bills and drove 50 miles — unguarded — with the bulging bag in the …