Monthly Archives: <span>August 2024</span>

Maine Employers Face Possible Damages in Lost Wages Cases Under New Law

Maine workers will now benefit from a law that allows the state to order businesses to pay back wages as well as damages from missed wages. The law went into effect Friday and is the latest state-level effort among Democrat-controlled …

Report: 2.6M Homes with a Cost of $1.3 Trillion at Moderate to Very High Risk of Wildfire

More than 2.6 million homes across 14 states with a total reconstruction cost of $1.3 trillion are at moderate to very high risk of wildfire damage during the 2024 wildfire season, a new report shows. The 2024 CoreLogic Wildfire Risk …

Federal Officials Investigating Natural Gas Explosion in Maryland That Killed 2

The National Transportation Safety Board, which has jurisdiction over pipelines, is investigating a natural gas explosion at a home in Bel Air, Maryland, that killed two people, the agency said Monday. Meanwhile, state officials have identified the two people who …

Wall Street Firms to Pay $470 Million to Settle With US Regulators Over Texting

Another group of broker-dealer and investment advisers has agreed to pay over $470 million to U.S. regulators to settle civil charges they violated recordkeeping rules, the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission said in statements on …

Delaware High Court Upholds Blockbuster $267 Million Legal Fee in Dell Lawsuit

Five law firms should receive $267 million in legal fees for obtaining a $1 billion settlement for shareholders of Dell Technologies DELL.N, the Delaware Supreme Court ruled on Wednesday, rejecting arguments that the payment was a windfall. The fee is …

Californians Facing Higher Rent Because of Rising Insurance Rates

Like single-family homeowners in California, landlords are facing higher insurance premiums, too. And they’re passing along some of those costs to their tenants. Many insurance companies have stopped writing policies in the state because of increased wildfire risks, but that’s …

North Dakota to Vote on Recreational Marijuana Legalization in November Election

BISMARCK, N.D. (AP) — A ballot initiative to legalize recreational marijuana in North Dakota has qualified for the November election, the state’s top election official said Monday. That sets up another vote on the issue in the conservative state after …

Tornado Havoc Has Ohio Residents Facing Week-Long Power Cuts

Thousands of FirstEnergy Corp.’s customers in Ohio will potentially be without power through this after two tornadoes hit the northeastern part of the state last Tuesday. About 252,000 customers of The Illuminating Company were still experiencing outages as of 2 …

North Dakota Commissioner Urges Property Damage Assessment After Flash Floods

In the wake of flash flooding in the Bismarck-Mandan area, North Dakota Insurance Commissioner Jon Godfread is reminding residents to take immediate steps to assess and document any property damage and to review their insurance policies to understand what is …

People Moves: FTI Consulting Names Thompson Senior Managing Director

FTI Consulting, Inc., headquartered in Washington, appointed Thomas Thompson as a senior managing director in Houston Thompson has more than three decades of experience in the construction and engineering industries. Before joining FTI, he was a managing director at Ankura. …