December 13, 2019
Federal officials have announced plans to raise $100 million to fund projects to restore seven significant coral reef sites in the Florida Keys National Marine Sanctuary. “Mission: Iconic Reefs” calls for restoring nearly 70 acres (28 hectares) of the Florida …
December 13, 2019
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of McPherson, Kansas-based Farmers Alliance Mutual Insurance Co. and its wholly-owned subsidiaries, Alliance Indemnity Co. and …
December 13, 2019
McDonald’s Corp. has won a huge victory in a multiyear legal battle over whether it should share responsibility for alleged labor violations in its franchisees’ restaurants, a case that posed a major threat to the franchise model underlying one of …
December 13, 2019
Five Argo Group directors plan to retire as of the beleaguered company’s 2020 annual meeting, the company disclosed on Dec. 11. Argo, a Bermuda-based specialty insurer and reinsurer, said that the decision is part of a “proactive refreshment process” announced …
December 13, 2019
Family members of nine children and educators killed in the 2012 Sandy Hook Elementary School massacre have received a September 2021 trial date in their landmark lawsuit against Remington Arms Co. over its marketing of the semiautomatic military-style rifle the …
December 13, 2019
Apps that let you book a ride to work or borrow a car for your next vacation are feeding into a revolution in auto insurance — while also raising some privacy red flags. Data on everything from how frequently a …
December 13, 2019
Walt Disney Co. failed to persuade a judge to dismiss a lawsuit by female employees who allege the company discriminates by paying male workers better. A state judge in Los Angeles found that the 10 current and former employees who …
December 13, 2019
The U.S. House of Representatives on Thursday approved legislation aimed at driving down the prices that seniors pay for prescription drugs, but the bill’s future is clouded by President Donald Trump’s threat of a veto and lack of support in …
December 13, 2019
The deadly collapse of a Vale SA’s mining waste dam in Brazil was partially triggered by “a persistently high water level” that caused the structure to lose strength and stability, according to a report by a panel of experts appointed …
December 13, 2019
Prime Minister Boris Johnson won a sweeping election victory on a promise to “Get Brexit done,” but a reality check awaits for voters hoping that the messy divorce is finally over. It’s just the beginning. Johnson should now be able …