Monthly Archives: <span>February 2019</span>

Nevada Fines Wynn Resorts $20 Million Over Sex Misconduct Claims

Casino mogul Steve Wynn’s former company was fined a record $20 million by Nevada gambling regulators this week for failing to investigate claims of sexual misconduct made against him before he resigned a year ago. The penalty against Wynn Resorts …

School Settles with Mother Over Daughter’s Bullying Suicide

A mother whose 13-year-old daughter committed suicide has reached a settlement with the Missouri school district the girl attended. The Columbia Missourian reports Elizabeth Overstreet alleged in the lawsuit that the Hallsville School District did nothing to stop bullying aimed …

PG&E Filings Show Key Power Line Safety Fix Delayed

Shares of PG&E Corp. fell about 3 percent after federal filings showed that the power utility had delayed a safety overhaul of a high-voltage transmission line, a prime suspect behind the deadliest wildfire in California history. The company filed for …

Insurer Group Fears Property Losses Due to Climate Change

Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial turmoil. Those were the conclusions a group run out of the University of Cambridge including some of the world’s biggest …

A.M. Best Sees $12 Billion Underwriting Loss for P/C Insurers for 2018

The U.S. property/casualty industry is expected to report that 2018 was its third consecutive year with an underwriting loss. A new A.M. Best analysis projects an estimated net underwriting loss of $12.1 billion in 2018, which follows a $25.3 billion …

Court Allows Suit by Victims of Colorado Planned Parenthood Shooting

A Colorado appeals court has ruled that victims of the 2015 shooting at a Planned Parenthood clinic in Colorado Springs can sue the nonprofit organization over what they argue was lax security. The Gazette reports that the ruling reverses a …

U.S. Banning Lithium Batteries as Cargo on Passenger Airplanes

The U.S. government said on Wednesday it is issuing new rules barring airlines from carrying potentially hazardous lithium-ion cells and batteries as cargo on passenger aircraft, and setting new requirements for transporting them on cargo planes. The U.S. Transportation Department’s …

New Facility Promises Research, Training Into Auto Repair, Claims Best Practices

Texas-based data and software firm Solera Holdings recently hosted a groundbreaking for a new research and training facility for the auto insurance, collision repair and vehicle manufacturer industries. The facility, known as CESVI LIV NA, is located in Justin, Texas. …

Radio Host Says Website Falsely Accused Him of Terrorism

A Muslim-American radio host is asking a federal court in Ohio to award him more than $1 million in damages for his claims that a neo-Nazi website operator falsely accused him of terrorism. Attorneys for SiriusXM Radio show host Dean …

Fox TV Psychiatrist Ablow Denies Patients’ Sexual Harassment Claims

Two more patients of Dr. Keith Ablow have filed lawsuits against the renowned Massachusetts psychiatrist alleging he pressured them into sexual relationships. The Boston Globe reports that the medical malpractice lawsuits filed last Thursday allege Ablow lured the women he …