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$14M Suit Filed by Former Oregon Boy Scouts Claiming Sex Abuse

Two men have filed a lawsuit against the Boy Scouts of America and its local branch for $7 million each, claiming they were sexually abused by a former scout leader in Milwaukie in the 1970s. The Oregonian/OregonLive reported the lawsuit …

Experts Warn of ‘Significant Risk’ from California Dam

California is not just fighting nature as it attempts to repair the nation’s tallest dam, badly damaged last month by surging storm waters. It’s also racing the clock. Safety experts say there is no time for delay in a state …

XL Catlin and Startupbootcamp InsurTech Form Partnership

Startupbootcamp InsurTech, the business accelerator that promotes insurance technology startups and corporate innovation, has formed a partnership with XL Catlin. The announcement comes as Startupbootcamp InsurTech’s second accelerator program enters its final weeks in London, with 10 teams drawn from …

Trump Ends Negotiations, Demands Vote on Republican Healthcare Bill

The Trump administration doubled down on its demand that House Republican leaders hold a vote Friday on their embattled healthcare bill without any changes and with lingering uncertainty about whether they have enough support to pass the measure. “After seven …

Congress Nullifies Obama Workplace Injury Reporting Rule

The U.S. Senate (50-48) joined the House (231-191) in passing a resolution blocking a federal workplace injury and accident reporting rule put in place by the Obama Administration last December. The Department of Labor rule issued by the Occupational Safety …

Massachusetts Worker Dies After Being Electrocuted by Live Wires

Authorities in Massachusetts say a contractor painting windows at a fire station has died after he was electrocuted by live wires. Salem Police Capt. Fred Ryan says the man was using a lift bucket on Tuesday when he became entangled …

Delaware Officials Eye Substance Abuse Insurance Coverage

State officials are proposing revisions to Delaware’s insurance code to ensure that people struggling with opioid addiction get the treatment they need. Attorney General Matt Denn on Wednesday also called for the creation of a new oversight committee to help …

Anbang Insurance Reportedly in Talks to Provide Equity for Kushner Tower Project

The family-owned company that until recently was headed by U.S. President Donald Trump’s son-in-law hopes to turn an aging New York office tower into a signature development that could be worth up to $12 billion, a report said on Wednesday. …

How Insurance Markets Could Be Affected If GOP Reduces Essential Benefits

Rules on what benefits health insurance plans must cover have become a major negotiating point as Republicans wrangle votes to repeal Obamacare, even though removing the regulations is likely to upset U.S. insurance markets. The requirements, called Essential Health Benefits, …

UK Finance Firms ‘Not Crying Wolf’ in Concerns About Loss of EU Passports

One afternoon in mid-January, Prime Minister Theresa May walked into a meeting room in the Swiss resort of Davos to face Wall Street’s most powerful bankers. May had delivered her vision two days earlier for pulling Britain out of the …

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