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After Years of Delay, Federal Agencies Unveil Flood Plan for Mississippi Delta

Federal officials presented a proposal Thursday to further control flooding in the Mississippi Delta, a move that comes after months of work from government agencies and decades of delays amid disputes over potential environmental impacts. The south Delta’s Yazoo Backwater …

Berkshire’s Jain on GEICO Profit: ‘Don’t Take It to the Bank’

Even though Berkshire Hathaway’s GEICO achieved a 93 first-quarter combined ratio, an enviable result measured against industry peers, the leader of Berkshire’s insurance operations said the figure is not a true indication of where the business is today. Answering a …

New York Jury Has Wide Latitude to Decide Civil Claims Against Trump

The New York jury hearing an advice columnist’s claims that she was raped by Donald Trump could begin deliberations as soon as Tuesday, and it will have wide latitude in deciding the truthfulness of the allegations against the former president. …

Louisiana Goodwill Store Fined $60K Over Disability Discrimination Suit

Goodwill Industries of Southeast Louisiana, Inc. has agreed to pay a former employee $60,000 to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. The lawsuit was resolved through a consent decree, …

Insured Losses for New Zealand North Island Floods Estimated at NZ$1.8B: PERILS

Insured losses for New Zealand’s North Island floods of Jan. 27 to Feb. 2 are estimated at NZ$1.75 billion ($1.1 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. This second PERILS’ loss estimate has …

People Moves: Beazley’s Cyber Security Unit Lodestone Appoints Kizziah as CEO; Howden Tiger Fac Names Warne From Inigo to Lead Terrorism & Political Violence

This edition of International People Moves details appointments at cybersecurity firm Lodestone Security and the broker Howden Tiger Fac. A summary of these new hires follows here. Beazley’s Cyber Security Unit Lodestone Appoints Kizziah as CEO Global cybersecurity firm Lodestone …

Lockton Acquires THB Brazil From Amwins

Lockton, the privately held insurance broker and consultancy, announced it has acquired THB Brazil from Amwins, the independent wholesale distributor of specialty insurance products in the U.S. Terms of the transaction were not disclosed. The combination of two leaders in …

Historic Louisiana Hotel Damaged by Fire

ALEXANDRIA, La. (AP) – Central Louisiana’s historic Hotel Bentley was damaged Friday by a fire in which one person was believed to be injured. The fire, which damaged the building’s exterior on the north side, was concentrated in the lower …

Man Charged With Setting Fire to Minneapolis Mosques

MINNEAPOLIS (AP) – A man suspected of setting fires to Minneapolis mosques was indicted Thursday on federal charges of arson and damage to religious property while investigators look into a series of crimes targeting Muslims and Somali Americans. Jackie Rahm …

Russian Carmaker GAZ Files Third Lawsuit Against Volkswagen

Russian carmaker GAZ has filed a lawsuit worth 15.6 billion roubles ($200.5 million) against Volkswagen, court records show, adding to two others filed earlier this year. The lawsuit, details of which have not been published, was filed with the Nizhny …

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