Monthly Archives: <span>March 2021</span>

Colorado Workers’ Comp Carrier Distributing Dividends to 53K Companies

Pinnacol Assurance in Colorado is distributing general dividend checks to its customers totaling $50 million This is the sixth straight year the workers’ compensation carrier has distributed dividends. Nearly 53,000 employers in all counties throughout the state, or roughly 95% …

Supreme Court Nixes Facebook Bid to Curtail $15B Class Action Over User Tracking

The U.S. Supreme Court on Monday turned away Facebook Inc.’s bid to pare back a $15 billion class action lawsuit accusing the company of illegally tracking the activities of internet users even when they are logged out of the social …

Southeast Storms Spawned EF2 Tornadoes in Alabama, Miss., EF1 in Georgia

At least 10 tornadoes struck Alabama and Mississippi this week during a severe weather outbreak that could have been worse if temperatures hadn’t remained relatively low, forecasters said. Teams from the National Weather Service in Mississippi found evidence of five …

Climate Change Could Cut 63 Countries’ Credit Ratings by 2030: University Study

LONDON – A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody’s and Fitch – could see their credit ratings cut because …

Wisconsin Issues Wildfire Warning After 30-Plus Weekend Blazes

Wisconsin authorities are warning residents about weather conditions after more than 30 wildfires were reported throughout the state on March 20. Much of the state is under a burn ban due to forecasts of low relative humidity, gusty south winds …

‘Forever Chemicals’ in 60 Closed Minnesota Landfills Contaminating Groundwater

Pollution regulators said that contamination from toxic man-made “forever chemicals” has been detected in groundwater at nearly 60 closed landfills in Minnesota, with amounts exceeding levels for safe drinking water. The pharmaceuticals, microplastics and synthetic chemicals are known collectively as …

Japanese Carmakers Assess Effect on Supply Chain of Renesas Chip Plant Fire

TOKYO – Toyota, Nissan, Honda and other Japanese carmakers scrambled on Monday to assess the impact on their production of a fire at a Renesas Electronics chip plant that could aggravate a global semiconductor shortage. Renesas has said it will …

Bernhard Capital Forges Partnership with Louisiana’s Gray Casualty & Surety

A group of investors led by Bernhard Capital Partners Management LP (Bernhard Capital), a services and infrastructure-focused private equity management firm, has entered into an agreement to make a significant investment in Metairie, Louisiana-based The Gray Casualty & Surety Co. …

Investing in the Cannabis Industry: No Longer a Pipe Dream

This post is part of a series sponsored by Worldwide Facilities, LLC. In 2020, cannabis spending hit $29 billion. By 2024, global cannabis market revenues are expected to surpass $42 billion. As a result of all this spend, the number …

TigerRisk Strengthens Global View of Catastrophe Risk With Next-Generation RMS High-Definition Models

TigerRisk adopts the full RMS global models suite NEWARK, Calif. – March 17, 2021 – RMS®, the world’s leading catastrophe risk solutions company, and TigerRisk Partners, the leading risk, capital, and strategic advisor to the global insurance and reinsurance industry, …