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Fire at Louisiana Church Causes $150K in Damages

An early morning fire on Jan. 14 at a church in Louisiana’s capital left $150,000 worth of damages but no injuries, authorities said. The Baton Rouge Fire Department responded about 5:30 a.m. to a fire in North Baton Rouge at …

UK High Court Throws Out Case Brought by Climate Activists Against Oil Regulator

A UK High Court on Tuesday threw out a case brought by climate activists against the country’s oil and gas regulator OGA, rejecting their argument that the OGA’s actions amount to a type of unlawful subsidy of the fossil fuel …

Michigan House Fire Leaves 2 Dead, 5 Injured, 1 Missing

Two men died and five people were injured early Monday in a fire at a multi-family dwelling in Pontiac, authorities said. Eleven adults were in the home when the fire was reported around 2:44 a.m., Oakland County Sheriff’s Department officials …

Report: Louisiana Seafood Industry Saw $580M in Losses From 2020-21 Hurricanes

Louisiana’s fisheries and seafood businesses experienced approximately $580 million in total losses resulting from four hurricane between August 2020 to August 2021, according to a new report by the Louisiana Sea Grant and the Louisiana Department of Wildlife and Fisheries. …

Shortage of ESG Experts Could Have Negative Effect on Canada Financial Services Firms

Canada’s financial sector is facing a talent shortage in sustainable finance as demand for people who can evaluate ESG-related risks and opportunities far exceeds the supply, according to a new study. Environmental, social and governance factors are becoming central to …

Asian Insurer FWD Group Raises $200M in Pre-IPO Funding: Sources

Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter. The sources could not be named as the information …

Tornado Victim’s Family Sues Amazon Over Illinois Warehouse Collapse

The family of a delivery driver who died last month when a tornado collapsed the central Illinois Amazon facility where he worked filed a wrongful deathlawsuitMonday in Madison County. The action on behalf of Austin McEwen, 26, claims that Amazon …

Committee Approves Florida Surplus Lines Bill; Stiffens Penalties for Adjusters

Florida took a step toward opening its distressed property insurance market to more carriers Tuesday when a Senate committee approved a bill that would let Florida-based surplus lines insurers sell surplus policies in Florida. The Senate Banking and Insurance Committee …

Report: California Workers’ Comp Virus Claims Spiked During December Surge

California workers’ compensation COVID-19 claim volume continues to track with the state’s fluctuating infection trends, as the latest monthly count of COVID workers’ comp claims jumped 172% in December to the second highest level of the year as the Omicron …

Teva to Pay $420M to Settle Shareholder Suit Over Generic Drug Pricing

Teva Pharmaceutical Industries Ltd. has agreed to pay $420 million to settle shareholder litigation alleging the company hid an anti-competitive scheme to fix the price of generic drugs. The settlement was disclosed on Tuesday in papers filed in federal court …

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