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UK Is Facing Messy, No-Deal Brexit, Warns Trade Secretary Fox

Prime Minister Theresa May’s ministers are ratcheting up warnings that Brexit talks risk ending in failure, with International Trade Secretary Liam Fox on Sunday predicting a messy split from the European Union. “The intransigence of the commission is pushing us …

Munich Re to Stop Investing in Coal-Related Business, Insuring New Coal-Fired Plants

Munich Re, the world’s biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30 percent of their sales with coal-related business, its chief executive said, caving to pressure from investors. “In the individual risk …

Berkshire’s Q2 Insurance Profit Rises to $943M Compared to Loss of $22M in Q2 2017

This year’s looking brighter for Berkshire Hathaway Inc.’s insurance businesses after 2017’s hurricanes led to the first annual underwriting loss in more than a decade. Auto insurer Geico and the company’s namesake reinsurance business helped lift underwriting to a profit …

Jury Orders Pork Producer to Pay $473.5M in North Carolina Nuisance Lawsuit

A federal jury decided Friday that the world’s largest pork producer should pay $473.5 million to neighbors of three North Carolina industrial-scale hog farms for unreasonable nuisances they suffered from odors, flies and rumbling trucks. The jury found that Smithfield …

Judge Tosses Pulse Nightclub Survivor Lawsuit Against Orlando Police

A judge has dismissed a lawsuit which claimed police officers didn’t do enough to stop the gunman responsible for a massacre at a Florida nightclub, but he gave survivors and family members two weeks to file another complaint. U.S. District …

$3.7M Recovered for Georgia Policyholders in First Half of 2018

Georgia Department of Insurance responded to 5,859 consumer complaints and inquiries, returning more than $3.7 million in insurance claim payouts to many of these policyholders, in the first six months of 2018, according to a statement from GADOI. The money …

M.J. Hall Acquires Renewal Rights from Wholesale Connection Insurance Services in California

M.J. Hall & Co. has acquired the policy renewal rights from Woodland Hills, Calif.-based Wholesale Connection Insurance Services’ commercial property/casualty business. Terms of the deal weren’t disclosed. Warren Stanley, president of WCIS, will continue to lead the firm through the …

Over 500 Citations Issued in Ohio Move Over Law Enforcement

Ohio’s State Highway Patrol says its recent enforcement and awareness effort focused on the Move Over law resulted in 586 citations issued to motorists. The law requires drivers approaching any vehicles with flashing or rotating lights that are parked on …

‘Obamacare’ Premiums to Decrease in Louisiana Next Year

Many Louisianans with health insurance through the Affordable Care Act’s individual exchange are set to see premiums drop. The Advocate of Baton Rouge reports premiums are expected to drop by an average of 6.9 percent next year. The Louisiana Department …

West Texas Natural Gas Pipeline Explosions Injure 7

The number of people injured in a series of explosions on a West Texas natural gas pipeline has risen to seven. Authorities initially said five people — a volunteer firefighter and four pipeline employees — were hurt Wednesday when the …

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