August 5, 2019
Repairs and upgrades at Anchorage, Alaska-area schools damaged last year’s big earthquake could cost more than $150 million, officials said. The Anchorage School District said the new estimate triples the original assessment of damage caused by the Nov. 30 quake, …
August 5, 2019
Burn maps from a northern Arizona fire have revealed a risk for post-fire erosion and flooding in populated communities. The Arizona Daily Sun reports that the U.S. Forest Service published a burn severity map Wednesday revealing fire damage in a …
August 5, 2019
California regulators say a Silicon Valley tech entrepreneur and winemaker has agreed to pay $3.76 million in penalties after his company bulldozed a protected wetland and filled in a stream bed to build a vineyard in Mendocino County. The Santa …
August 5, 2019
A Southern California airport cancelled all flights after a power outage left all its terminals in the dark. John Wayne Airport in Orange County diverted all arriving flights and cancelled departing flights after the outage hit at around 7:30 p.m. …
August 5, 2019
Major insurer The Hartford saw its net income fall and its commercial lines combined ratio spike during the 2019 second quarter, due in part to costs associated with its $2.1 billion acquisition of specialty insurer Navigators Group. Second quarter 2019 …
August 5, 2019
Giant conglomerate Berkshire Hathaway saw its total insurance underwriting profit in the second quarter fall 63% to $353 million from $943 million in the second quarter of last year. Compared to the same period last year, underwriting results were down …
August 5, 2019
Berkshire Hathaway Inc. on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the conglomerate run by billionaire Warren Buffett. Berkshire’s auto insurer Geico suffered …
August 5, 2019
Massachusetts took Purdue Pharma LP to task in a Boston courtroom Friday, blaming the opioid maker and the billionaire Sackler family that owns it for causing “thousands of people to suffer and many to die.” The state has proof Purdue …
August 5, 2019
New York Governor Andrew Cuomo has signed legislation creating penalties for discrimination or retaliation against immigrant employees into law. This law is a codification of federal case law interpreting the anti-retaliation provisions of New York’s Labor Law and the federal …
August 5, 2019
The Doctors Company has completed the purchase of Hospitals Insurance Company (HIC), a New York State admitted and licensed insurance company, and FOJP Service Corporation, a New York service organization that provides third-party comprehensive insurance and risk management advisory services …