5 03, 2021

Upstream Tailings Dams Pose Much Higher Stability Risks, Study Finds

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The most widespread type of dam used to store mine waste is nearly twice as unstable as the average tailings facility, a global study showed on Friday, highlighting the risk of so-called “upstream” construction techniques which some countries have banned. …

5 03, 2021

Louisiana AG Backs $100M Deal in Freeport McMoRan Coastal Damage Suit

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Attorney General Jeff Landry has said he’s backing a $100 million settlement between a dozen coastal parishes and mining corporation Freeport McMoRan to end a lawsuit over damage to Louisiana’s coastal wetlands, in what could become a landmark agreement. The …

5 03, 2021

CoStar Drops Bid to Purchase CoreLogic, Blaming Rising Rates

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CoStar Group Inc. has withdrawn its bid to buy the real estate data firm CoreLogic Inc, according to a statement on Thursday. CoreLogic, the subject of a bidding war in recent weeks, had said earlier that CoStar’s sweetened offer for …

5 03, 2021

Weeks After Storms, Water Crisis Continues in Mississippi

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Frustrations are mounting in Mississippi’s largest city, more than two weeks since winter storms and freezing weather ravaged the city’s water system – knocking out water for drinking and making it impossible for many to even flush their toilets. For …

5 03, 2021

Heading into Spring Flooding Season, Missouri River Remains Low

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This year is shaping up to be drier than normal throughout the Missouri River basin, and the risk of flooding is generally below normal throughout the region because conditions remain dry and snowpack levels are below average. The U.S. Army …

5 03, 2021

Insurers Rewrite Business Policies After Pandemic Legal Tussles

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NEW YORK — U.S. insurers are strengthening language in policies that cover business losses to protect them from future claims related to the coronavirus pandemic or other widespread illnesses that disrupt operations, industry sources say. New policies and renewals now …

5 03, 2021

AccuWeather Raises Texas Damage, Loss Estimate from Winter Storm to $130B

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Damage costs and economic losses from the intense winter storm that hit the country in mid-February may rise to as much as $130 billion in Texas alone, according to AccuWeather. That figure is up from the $50 billion to $60 …

5 03, 2021

CEO of Texas Power Grid Fired After Deadly February Blackouts

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Texas’ power grid manager was fired on March 3 amid growing calls for his ouster following February’s deadly blackouts that left millions of people without electricity and heat for days in subfreezing temperatures. Bill Magness, CEO of the Electric Reliability …

4 03, 2021

Will 1st Anniversary of COVID-19 Shutdowns Spur New Wave of COVID Lawsuits?

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The upcoming anniversary of COVID-19 shutdown orders may reveal whether a significant number of policyholders have been waiting on the sidelines before suing their insurers for business-interruption losses. Holding off on legal action may make sense, as insurers are winning …

4 03, 2021

California Crash Kills 13 of 25 People Crammed Into SUV

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HOLTVILLE, Calif. (AP) — An SUV packed with 25 people pulled in front of an oncoming tractor-trailer on a two-lane highway cutting through farmland near the Mexican border early Tuesday, killing 13 and leaving bodies strewn across the roadway. When …