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30 07, 2021

Monsanto Told to Pay Washington Teachers $185M over PCB Exposure

By | July 30th, 2021|Uncategorized|Comments Off on Monsanto Told to Pay Washington Teachers $185M over PCB Exposure

Three schoolteachers in Washington state who sued chemical company Monsanto over exposure to materials in fluorescent lights have been awarded $185 million. The law firm that represented the teachers, Friedman Rubin, said a jury returned the verdict in King County …

9 08, 2021

GEICO Put a Dent in Berkshire Hathaway Results for Q2

By | August 9th, 2021|Uncategorized|Comments Off on GEICO Put a Dent in Berkshire Hathaway Results for Q2

Berkshire Hathaway’s insurance division produced a mixed performance during the 2021 second quarter. Rate increases generally carried the day, though the conglomerate’s GEICO unit dragged down earnings. Berkshire Hathaway’s insurance division produced $376 million in net underwriting earnings during Q2, …

30 07, 2021

Severe Weather Causes Widespread Damage in Wisconsin

By | July 30th, 2021|Uncategorized|Comments Off on Severe Weather Causes Widespread Damage in Wisconsin

Strong thunderstorms caused widespread damage across Wisconsin, left tens of thousands without power and triggered tornado warnings. The severe weather stretched from the Mississippi River to Lake Michigan and began in the evening on July 28 in northwestern Wisconsin. By …

9 08, 2021

Targets of Canada’s New Sanctions on Belarus Include Insurance

By | August 9th, 2021|Uncategorized|Comments Off on Targets of Canada’s New Sanctions on Belarus Include Insurance

Canada, acting with the United States and Britain, imposed new sanctions on Belarus on Monday to protest against what it called gross violations of human rights under President Alexander Lukashenko. Foreign Minister Marc Garneau said Ottawa would target transferable securities …

30 07, 2021

Alaska Quake Triggers Prolonged Shaking, Small Tsunami

By | July 30th, 2021|Uncategorized|Comments Off on Alaska Quake Triggers Prolonged Shaking, Small Tsunami

A powerful earthquake which struck just off Alaska’s southern coast caused prolonged shaking and prompted tsunami warnings that sent people scrambling for shelters. Residents reported only minor damage, but officials said that could change after sunrise and people get a …

9 08, 2021

Texas Surplus Lines Premium Total for July 2021: $836.1M

By | August 9th, 2021|Uncategorized|Comments Off on Texas Surplus Lines Premium Total for July 2021: $836.1M

Texas surplus lines premium for July 2021 reached $836.1 million, the Surplus Lines Stamping Office of Texas (SLTX) reported. The number brings the year-to-date total up to $5.42 billion as of the end of July, a 16.1% increase in premiums …

30 07, 2021

Arthur J. Gallagher & Co. Acquires R.J. Riordan & Co. in Illinois

By | July 30th, 2021|Uncategorized|Comments Off on Arthur J. Gallagher & Co. Acquires R.J. Riordan & Co. in Illinois

Arthur J. Gallagher & Co. acquired Oakbrook, Illinois-based R.J. Riordan & Co. R.J. Riordan & Co. is a retail property/casualty broker offering a full range of insurance products and services to clients across the Chicago region. It specializes in serving …

9 08, 2021

Panel Revives Jurisdictional Question in Louisiana Suits Against Oil Giants

By | August 9th, 2021|Uncategorized|Comments Off on Panel Revives Jurisdictional Question in Louisiana Suits Against Oil Giants

The question of whether lawsuits blaming big oil companies for loss of vulnerable Louisiana coastal wetlands will be tried in state courts, as local parish governments want, or in federal courts, as the oil companies want, has been revived by …

30 07, 2021

New Mexico Public Defender’s Office Settles Harassment Claims for $345K

By | July 30th, 2021|Uncategorized|Comments Off on New Mexico Public Defender’s Office Settles Harassment Claims for $345K

Two lawsuits accusing an investigator in the state public defender’s office of sexual harassment have been settled. The Law Offices of the Public Defender agreed to pay $345,000 to resolve the lawsuits filed in 2019, the Albuquerque Journal reported. Neither …

9 08, 2021

Louisiana 2020 Hurricane Update: $10B in Claims Reported as of June 30

By | August 9th, 2021|Uncategorized|Comments Off on Louisiana 2020 Hurricane Update: $10B in Claims Reported as of June 30

The amount of money that insurers expect to pay for the 2020 hurricanes continues to grow, albeit more slowly, as Louisiana gets further away from last year’s historic storm season. According to the Louisiana Department of Insurance, insurance companies have …