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Judge Gives Nod to Surfside Unit Owners’ $83M Settlement

A judge has given preliminary approval to a settlement agreement that would allocate $83 million to individual owners of condominium units at the collapsed Champlain Towers South in Surfside, Florida. It’s the latest of several developments in the aftermath of …

FMCSA Declares Texas Motor Carrier to be an Imminent Hazard to Public Safety Following Fatal Crash

The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has declared Koboat Trucking LLC, USDOT No. 3273682, a Houston-based motor carrier, to be an “imminent hazard” to public safety and ordered the motor carrier to immediately cease all …

Missouri Cement Company Fined $17K For Shorting Pay of Worker

A federal administrative law judge in Washington, D.C., has ordered a Hannibal, Missouri cement company to pay a worker the company penalized for assisting federal safety investigators during a site visit. On March 1, Administrative Law Judge William B. Moran …

Avatar Becomes Second Florida Insurer to Face Insolvency This Year

Two weeks after St. Johns Insurance Co. was declared insolvent, Florida regulators have taken steps to begin liquidating Tampa-based Avatar Property & Casualty Insurance Co., making it the second carrier this year to falter and the sixth in the last …

Insurers Refuse to Pick Up Bill for Billions in Opioid Claims

A multibillion-dollar bill is coming due for the U.S. opioid epidemic and insurers for some of the largest drug makers, distributors and pharmacies are refusing to help pay for it. A Delaware Supreme Court ruling in January has emboldened insurers …

J&J’s Controversial Prison Testing Resurfaces in Baby Powder Lawsuits

More than 50 years ago, nearly a dozen men incarcerated outside of Philadelphia enrolled in an experiment funded by Johnson & Johnson, according to unsealed documents. Now, those studies have come back to haunt the world’s largest maker of health-care …

Hub Acquires Pacific Northwest Insurance in Washington

Hub International Ltd. acquired the assets of Pacific Northwest Insurance Inc. in Kirkland, Washington. Robert James, principal of PNI, and the PNI team will join Hub Northwest. PNI provides property/casualty, and personal insurance solutions to individuals and families, businesses, and …

Climate Experts Say Much of Northwest May Stay Drought-Stricken

Climate experts from Oregon, Washington and Idaho say most of the Northwest remains locked in drought and that the region is unlikely to get enough rainfall to end drought conditions. Britt Parker, regional drought information coordinator for the National Oceanic …

Wall Street Regulator to Propose Climate Risk Rule As Early As March 16, Say Sources

The U.S. Securities and Exchange Commission (SEC) plans to propose its landmark climate risk rule as early as Wednesday, March 16, said two people familiar with the agency’s planning. One of the people, who spoke anonymously about private agency plans, …

Maine Ski Lift Accident Could Have Been Worse

A ski lift accident that sent a gondola falling to the ground at Sunday River Resort in western Maine could have been far more serious. There was only one occupant in the gondola, which has a capacity of eight riders, …

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