21 01, 2022

Mississippi Moves Closer to Medical Marijuana

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Mississippi is moving closer to joining most other states in allowing people to use marijuana to relieve medical conditions. The state House voted 104-14 Wednesday to pass a bill that would create a medical marijuana program. The bill passed the …

21 01, 2022

School District in California to Pay $14.7M in Teacher Sex Abuse Case

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The Los Angeles Unified School District agreed to pay $14.7 million to seven former students at an elementary school who claim their teacher sexually abused them several years ago. Rene Tenas, who taught fourth grade at Hart Street Elementary, was …

21 01, 2022

California Commissioner OKs FAIR Plan Coverage Options for Farms and Ag Businesses

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California Insurance Commissioner Ricardo Lara on Friday approved the FAIR Plan to offer new commercial coverage for farm structure risks starting Feb. 1. The FAIR Plan is an association made up of all admitted insurance companies to be the state’s …

7 01, 2022

Insurance Companies Sue Texas Power Grid Operator Over 2021 Winter Storm Losses

By | January 7th, 2022|Uncategorized|Comments Off on Insurance Companies Sue Texas Power Grid Operator Over 2021 Winter Storm Losses

More than 100 insurance companies are suing the Texas power grid operator and several power-generating companies (PGCs) over losses suffered from 2021 Winter Storm Uri, which resulted in more than 500,000 insurance claims and approximately $10.3 billion in insured Texas …

21 01, 2022

Woman Missing in Colorado Wildfire Was Last Seen Trying to Save Dogs

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As a fast-moving wildfire spread in suburban Denver, an emergency responder warned Edna Nadine Turnbull to evacuate. But the 91-year-old went back inside her home to rescue her dogs. Turnbull and her pets were never seen again. Authorities said Wednesday …

7 01, 2022

Airbus Faces €300 Million Lawsuit From Group of Investors Over Bribery Scandal

By | January 7th, 2022|Uncategorized|Comments Off on Airbus Faces €300 Million Lawsuit From Group of Investors Over Bribery Scandal

Airbus SE is facing a 300 million euro ($340 million) lawsuit from a group of investors over allegations it failed to properly disclose a sprawling corruption scandal and subsequent settlement. The lawsuit, filed in the Netherlands, was served against the …

21 01, 2022

Two Oil Tankers Lose Safety Certification Over Claims They Violated Iran Sanctions

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Two tankers have had their environmental and safety classification withdrawn by a U.S. company that provides such certification, after accusations by a U.S. advocacy group that they had shipped cargoes of Iranian oil, documents seen by Reuters show. Countries targeted …

7 01, 2022

Fortitude Re Forms Bermuda Multi-Line Reinsurer, Buys U.S. Life Insurer

By | January 7th, 2022|Uncategorized|Comments Off on Fortitude Re Forms Bermuda Multi-Line Reinsurer, Buys U.S. Life Insurer

Fortitude Re announced the formation of a Bermuda multi-line reinsurer and the acquisition of a U.S. life insurer. In addition, Fortitude Re’s subsidiary, Fortitude Reinsurance Co. Ltd. (FRL), Bermuda’s largest multi-line reinsurer, obtained approval to operate as a “reciprocal jurisdiction …

21 01, 2022

Cause of Death Released for Mother, Son Fall at Petco Park in California

By | January 21st, 2022|Uncategorized|Comments Off on Cause of Death Released for Mother, Son Fall at Petco Park in California

San Diego police have determined the causes of death of a 40-year-old woman and her 2-year-old son who plunged from the third level of San Diego’s Petco Park, just as thousands of baseball fans were heading inside for a Padres …

7 01, 2022

Qatar Airways Seeks More Than $600M in Dispute Over Airbus A350’s Surface Flaws

By | January 7th, 2022|Uncategorized|Comments Off on Qatar Airways Seeks More Than $600M in Dispute Over Airbus A350’s Surface Flaws

Qatar Airways is seeking more than $600 million in compensation from Airbus over surface flaws on A350 jetliners, according to a court document shedding new light on an escalating business feud worth $4 million a day. The Gulf carrier is …