10 12, 2020

High Tide Floods Venice as Dike-On-Demand Wasn’t Activated

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High tides flooded St. Mark’s Square in Venice on Tuesday, propelled by winds that were stronger than predicted, and an experimental system of inflatable barriers wasn’t activated to prevent water from invading the lagoon city. The system, while still in …

10 12, 2020

Appeals Court OK’s Suit Over Mississippi School Funding Disparities

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A federal appeals court has affirmed that Mississippi parents may pursue a lawsuit that says the state allows grave disparities in funding between predominantly Black and predominantly white schools. The 5th U.S. Circuit Court of Appeals ruled 9-8 Monday to …

10 12, 2020

A Year of Heat and Fire Accelerated the Arctic’s Transformation

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Back when Donald Perovich, an engineering professor at Dartmouth and member of the MOSAiC Arctic research team, conducted his first sea-ice field experiment in the region in 1979, he and his colleagues didn’t study ice because they were worried about …

10 12, 2020

Hearing on California Export List Covered Record Number of Items

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A dozen doesn’t sound like a lot, but it may be a record in the world of the California Export List. More items were proposed for the list than in recent memory during a California Department of Insurance hearing conducted …

10 12, 2020

Burnham Benefits in California Acquired by BRP Group

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Irvine, Calif.-based Burnham Benefits Insurance Services Inc., Burnham Gibson Wealth Advisors, Inc., and Burnham Risk and Insurance Solutions LLC has been acquired by Baldwyn Krystyn Sherman Partners LLC. Burnham will a middle-market indirect subsidiary of BRP Group Inc. (NASDAQ: BRP). …

10 12, 2020

Oklahoma Seeking to Make J&J Pay $9.3B to End Opioid Crisis in State

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Oklahoma has asked the state Supreme Court to order Johnson & Johnson to pay more than $9.3 billion to cover the entire anticipated cost of combatting the state’s opioid crisis, arguing in its appeal that a lower court’s award wasn’t …

10 12, 2020

Missouri Construction Company to Pay $38K to Settle Pregnancy Discrimination Suit

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A St. Louis, Mo.-based construction company that revoked an applicant’s job offer after learning she was pregnant will settle a federal discrimination lawsuit for $38,000. The U.S. Equal Employment Opportunity Commission (EEOC) says The Harlan Company also will furnish other …

11 12, 2020

Next Insurance Buys Data Firm Juniper Labs to Enhance Workers’ Compensation Offering

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Digital small business insurer Next Insurance has closed its first acquisition, buying Juniper Labs, a Denver-based provider of data and underwriting technology. With the acquisition, Next said it will focus on innovation in workers’ compensation and general liability product offerings …

11 12, 2020

COVID, Economy, Social Inflation Warrant Negative Commercial Lines Outlook: A.M. Best

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U.S. commercial lines insurers will continue to be tarnished by an A.M. Best negative outlook, thanks to COVID-19 economic uncertainty, social inflation and other challenges. A.M. Best first revised its outlook for the segment to negative from stable in April, …

10 12, 2020

SEC Says GE to Pay $200M Penalty for Misleading Investors

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WASHINGTON/CHICAGO — General Electric Co has agreed to pay a $200 million penalty to settle charges for misleading investors over how it was generating earnings in its power and insurance businesses, the U.S. Securities and Exchange Commission said on Wednesday. …