Monthly Archives: <span>February 2020</span>

Australia Regulator Seeks to Understand Financial Risks of Climate Change

Australia’s prudential regulator said on Monday it was looking to better understand the financial risks of climate change and would begin undertaking deeper assessments of the industry’s vulnerabilities to improve resilience. The Australian Prudential Regulation Authority (APRA) will develop industry …

Danske Bank Ex-CEO Faces $387M Lawsuit over Money Laundering Scandal

The ousted chief executive of Danske Bank A/S, Thomas Borgen, has been personally targeted in an investor lawsuit arguing he withheld information about potential money laundering that subsequently destroyed the lender’s market value. Deminor, a Brussels-based law firm, said on …

Spark Online Events Debuts Property & Casualty Virtual Insurance Career Fair

San Francisco, CA, February 20, 2020 – In an effort to meet the younger generation where they are – on their computers and phones –Spark Online Events, a division of Direct Connection Advertising & Marketing, will host an online insurance …

Illinois Parents Allege Daughter, 6, Was Sexually Assaulted At Recess

The parents of a 6-year-old southern Illinois girl are suing local school officials, alleging that their daughter was sexually assaulted by another kindergartner during recess. The lawsuit names the Edwardsville School District 7 as the defendant and alleges that the …

Oregon Wrestles With Building Facilities in Tsunami Zones

Experts say the big one is coming to the Pacific Northwest: a massive earthquake that will cause buildings and bridges to collapse and unleash a tsunami that will devastate the coast. But, doubling down on its decision last year to …

But Wait. Here’s ‘The Rest of The Story’ on Buffett’s Lubrizol

In his firm’s annual report released this weekend, Berkshire Hathaway CEO Warren Buffett included a side note on one of the companies his conglomerate bought in 2011 for $9 billion, a company called Lubrizol. Lubrizol is an Ohio-based global specialty …

Colorado Excessive Force Lawsuit Settled for $125K

Fort Collins, Colo. has reached a $125,000 settlement with a woman who sued the city after an off-duty police officer pinned her to the ground outside her apartment complex. The Coloradoan reports a city spokeswoman confirmed the settlement with Kimberly …

National Insurance Crime Bureau Says Arizona Leads Nation in Auto Glass Claims

Arizona leads the nation in auto glass claims despite being 14th in total population, according to the National Insurance Crime Bureau. Insurance industry data shows that between 2015 and 2019, 10% of the nation’s auto glass claims were in Arizona. …

James River Accuses 52 South Carolina Residents of Faking Uber Accidents

Some South Carolina residents deliberately caused hit-and-run accidents while in Uber rides as part of an insurance scam, a car insurance company says in a lawsuit. The lawsuit from James River Insurance says 52 people were involved in an insurance …

Kentucky House Clears the Way for Legalizing Medical Marijuana

After years of setbacks, medical marijuana advocates cleared a historic hurdle Thursday when the Kentucky House voted to legalize the use of cannabis for medical purposes. The measure won House passage on a 65-30 vote after an emotional debate, sending …