Insurance
Illinois Tornado Snaps Trees, Damages Roofs
The National Weather Service has confirmed that a small tornado touched down in suburban Chicago Saturday. Snapped trees and minor damage to roofs in Naperville were reported Saturday, meteorologist Todd Kluber said. The tornado touched down about 5:40 a.m. and …
Read More London’s Financial Center Struggles to Find Its Way in Post-Brexit Britain
London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game — that is the warning from Mark Austin, the latest person charged with sprucing up the UK’s listing rules and …
Read More New Orleans Man Latest to be Sentenced in Staged Auto Accident Case
United States Attorney Duane A. Evans announced that Larry Williams, age 49, of New Orleans, was sentenced last week for Conspiracy to Commit Wire Fraud, in violation of Title 18, United States Code, Section 371, arising out of a staged …
Read More Insurers Weigh Covering Ukraine Grain Shipments After Deal to Re-open Black Sea Ports
A number of insurance underwriters are interested in providing cover for grain shipments from Ukraine after an agreement was reached to re-open Black Sea ports, although the first shipments are expected to be weeks away, industry sources said on Friday. …
Read More New Orleans Approves Some Police Use of Facial Recognition
The New Orleans City Council has reversed itself and approved police use of facial recognition software and cellphone surveillance towers to investigate violent crimes. The ordinance, approved by the council on a 4-to-2 vote Thursday, comes as killings in the …
Read More Missouri Limestone Quarry to Pay $210K EPA Penalty
Trager Limestone LLC, which operates the Nettleton Limestone Quarry in Caldwell County, Missouri, has agreed to pay a $210,000 civil penalty and perform watershed restoration at a cost of over $300,000, as part of a settlement with the federal government. …
Read More ‘I’m Calling About Your Auto Warranty’: FCC Says No More, Orders Spam Block
The Federal Communications Commission has ordered phone companies to stop carrying traffic related to robocalls about scam auto warranties. US voice service providers must now “take all necessary steps to avoid carrying this robocall traffic,” or provide a report outlining …
Read More Boy Scouts of America and Girl Scouts Settle Trademark Dispute Over Co-Ed Scouting
The Boy Scouts of America and Girl Scouts have settled their dispute over the Boy Scouts’ right to use the word “scouting” to advertise co-ed programs, according to a filing in Delaware bankruptcy court on Friday. The settlement ends a …
Read More T-Mobile to Pay $350 Million in Settlement Over Massive Hacking
T-Mobile US Inc. agreed Friday to pay $350 million and spend an additional $150 million to upgrade data security to settle litigation over a cyberattack last year that compromised information belonging to an estimated 76.6 million people. The preliminary settlement …
Read More Former Students Sue Insurers over Alleged Abuse at Georgia Boarding School
Twenty men who said they were sexually abused at a prestigious boarding school in Georgia are now suing the school’s insurance companies for $345 million. The insurers argue that their policies did not cover the alleged abuse and that the …
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