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

Sentenced for Crop Insurance Fraud, Kansas Farmer Must Repay $604K

A Kansas farmer has been sentenced to 2.5 years in prison for federal crop insurance fraud and bankruptcy fraud. Kevin Struss, 63, of Wakeeney, was also ordered to pay $604,303 in restitution. Struss pleaded guilty in October 2019 to defrauding …

Safety Probe Finds Tesla Driver Killed in Crash Reported Prior Autopilot Problems

A Tesla driver killed in a March 2018 crash in California while using the Autopilot driver-assistance system had reported that on prior trips, the car had steered away from the highway, the National Transportation Safety Board (NTSB) disclosed in documents …

Judge Stalls Uber’s Challenge to Controversial California Job Law

A federal judge has refused to exempt rideshare company Uber and on-demand meal delivery service Postmates from a broad new California labor law while she considers their lawsuit. U.S. District Judge Dolly Gee in Los Angeles denied the companies’ request …

DOXA Insurance Holdings Acquires Ultra Risk Advisors in Washington

DOXA Insurance Holdings LLC has acquired Bellevue, Wash.-based Ultra Risk Advisors. Ultra Risk Advisors will continue operating as Ultra from its home office in Bellevue, WA, with satellite offices in Chicago, Atlanta, Philadelphia, and Vancouver, Wash., and will continue operations …

How Comparing Drug Prices Lowers Costs for Employers and Patients

A University of California at Berkeley study has found that a “reference pricing model” — comparing brand name and generic medications and adjusting co-pays to encourage patients to choose the lowest cost drugs — delivers “significant cost-savings that increase over …

Coronavirus Clouds U.S. Outlook But Economic Impact Should be Modest: S&P

The coronavirus outbreak in China is clouding the global outlook and leading to both business caution and potential overall weakness in U.S. growth, according to S&P Global. However, given its limited exposure, the U.S. economy should experience only modest impact. …

‘Rivers in the Sky’ Causing Billions in Flood Damage in U.S.

Climate change is spurring a new, deep dive into a complex, little-studied weather system blamed for creating billions of dollars in flood damage across the western U.S. Atmospheric rivers are narrow ribbons of concentrated moisture that originate in the Pacific …

Lawmakers Urged to Help U.S. Keep Up with China on Autonomous Vehicles

A U.S. House panel on Tuesday heard from advocates of imposing stricter safeguards for self-driving cars as part of any effort to speed the adoption of the vehicles on U.S. roads. At the same subcommittee hearing, groups representing automakers and …

DARAG Completes 2 Legacy Acquisitions in UK

DARAG Group Ltd., the Malta-based legacy acquirer, announced the completion of the acquisitions of both The Underwriter Insurance Co. Ltd., a UK-based insurer in run-off, and of the previously announced sale and purchase agreement with One Re Ltd., a London-based …

Lawsuit Filed in Federal Court in Delaware Against Shipping Firm for Damaged Jetty

Federal authorities have filed a lawsuit seeking judgment against an Italian shipping line for damage allegedly caused by one of its ships to a jetty along the Chesapeake and Delaware Canal. The lawsuit filed Thursday in federal court in Delaware …