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

Judge Declines Plaintiffs’ Bid to Block J&J From Offloading Talcum Liabilities

A U.S. judge declined to stop Johnson & Johnson from taking steps to offload widespread Baby Powder liabilities from the rest of its business, preserving the option for the healthcare company to move thousands of claims from people who used …

Ping An Insurance Profit Falls on Land Developer Investments

Ping An Insurance Group Co. of China, China’s largest insurer by market value, reported a 15.5% fall in first-half net profit after a 20.8 billion yuan ($3.2 billion) loss suffered on investments in beleaguered developer China Fortune Land Development Co …

Global Insurance M&A Drops 3% in 1st Half of 2021: Clyde & Co. Report

Mergers and acquisitions (M&A) in the global insurance industry dropped 3% in the first half of 2021 with 197 completed deals worldwide, down from 206 in the second half of 2020, according to Clyde & Co.’s “Insurance Growth Report” mid-year …

Final Victim of Tennessee Flooding Found; Death Toll Stands at 20

The body of the final person missing from a devastating weekend flood in Middle Tennessee was recovered on Wednesday, prompting the search for victims to be suspended as the head of the Federal Emergency Management Agency toured the area. Saturday’s …

Alabama Convention Center Explosion Caused by Natural Gas Issue

An explosion that damaged Selma’s city convention center on Monday was caused by a natural gas problem, the mayor told city leaders. The Selma Times-Journal reported that Mayor James Perkins Jr. told a City Council meeting on Tuesday that Spire, …

Cruises Revise COVID Guidelines Amid Reports of Breakthrough Cases

Joel Steckler was eager for his first cruise in more than a year and a half, and he chose the ship that just two months ago became the first to accept passengers again after a long pandemic shutdown. Steckler was …

Veterinarian-Turned-Insurance-Pro Sees Practitioners Thriving But Stressed

The country’s veterinarians have weathered the pandemic better than many businesses. Many were able to keep their practices operating from early on and have not had to worry about lost income like restaurant, gym and other business owners have. Veterinary …

Former Iowa Anchor Wants Age Bias Lawsuit to Change TV News

As a prominent reporter and anchor at one of Iowa’s biggest local television stations, Sonya Heitshusen was known for doggedly investigating injustices and holding the powerful accountable. A year after WHO-TV in Des Moines abruptly let her go, she is …

New Mexico AG Takes More Steps to Intervene in Conservation of California Insurance Co.

New Mexico Attorney General Hector Balderas has retained California legal counsel on behalf of the state and filed for leave to submit an amicus curiae brief in the conservation proceedings over California Insurance Co. CIC continues to battle the imposition …

Report: More U.S. Residents Heading Toward Climate Change Dangers Than Away

It’s counterintuitive to run toward a fire, or any risk for that matter, but that mindest doesn’t seem to always hold. U.S. counties with the biggest proportions of homes facing high heat, drought, fire, flood and storm risk saw their …