News – Insurance Journal
|Iowa Beef Plant Fine After Coronavirus Outbreak: $957
Iowa regulators have issued their first citation to a meatpacking plant with a large coronavirus outbreak that sickened its workforce — a $957 fine for a minor record-keeping violation. The outbreak at the Iowa Premium Beef Plant in Tama in …
POSTED SEPTEMBER 25, 2020 9:13 PM
|Suit Filed in California Says Scooters Rented by Uber, Segway Don’t Have Turn Signals
A class action lawsuit has been filed against several scooter rental companies, including Uber and Segway, because the scooters don’t have turn signals and the makers don’t warn consumers about that danger. The suit was filed on Thursday on behalf …
POSTED SEPTEMBER 25, 2020 8:20 PM
|Tiger King’s Carole Baskin Sued in Florida for Defamation by Former Assistant
Carole Baskin, who became a pop culture sensation due to Netflix’s docuseries “Tiger King,” is being sued for defamation by a former assistant. As part of the lawsuit, the daughters of Baskin’s former husband are seeking more information about what …
POSTED SEPTEMBER 25, 2020 4:56 PM
|Hauser Pleads Guilty in College Admission Plot
A California businessman with ties to an Ohio-based insurance agency who is said to have steered “Full House” star Lori Loughlin and her fashion designer husband, Mossimo Giannulli, to the ringleader of the college admissions bribery scheme on Sept. 21 …
POSTED SEPTEMBER 25, 2020 4:35 PM
|Pilot Actions Likely Led to Earnhardt Plane Crash in Tennessee: NTSB
A pilot’s inability to maintain proper airspeed and the flight crew’s decision to continue an unstable approach and landing likely caused the crash of a small plane carrying race car driver Dale Earnhardt Jr. and his family in 2019, according …
POSTED SEPTEMBER 25, 2020 4:28 PM
|1 Dead After Ohio Dump Truck Crash Sends Highway Sign Falling Onto Pickup
A dump truck struck the base of a sign on a Cleveland, Ohio, highway during the morning commute on Sept. 24, causing the sign to fall on a passing pickup truck and kill one person in the pickup, authorities said, …
POSTED SEPTEMBER 25, 2020 4:27 PM
|Michigan House Passes Bills Shielding Employers from Virus Lawsuits
A divided Michigan House voted on Sept. 23 to shield health providers and businesses from coronavirus-related lawsuits filed by patients, employees or customers, advancing bills that majority Republicans said would give businesses more comfort to reopen and block frivolous complaints. …
POSTED SEPTEMBER 25, 2020 4:26 PM
|Texas Software Provider to Local Governments Reports Data Breach
A Texas-based provider of software services to local governments and schools across the United States, Tyler Technologies, told customers on Sept. 23 that an unknown intruder broke into its phone and information technology systems. It could not immediately be determined …
POSTED SEPTEMBER 25, 2020 4:22 PM
|Dismissal Rejected; Arkema Chemical Fire Criminal Trial Resumes in Houston
A criminal case against the U.S. arm of a French chemical maker accused of releasing pollution that injured 21 people resumed on Sept. 24 under a cloud as a judge ruled out a motion to dismiss the case. Prosecutors unintentionally …
POSTED SEPTEMBER 25, 2020 4:13 PM
|Louisiana Agent’s License Suspended for Misappropriation, False Insurance Certificates
A Lake Charles, Louisiana, insurance producer has been issued a cease and desist order and had her license suspended amid an investigation into misappropriation of insurance premiums and the issuing of false insurance certificates to customers. The Louisiana Department of …
POSTED SEPTEMBER 25, 2020 4:09 PM
US Top News and Analysis
|Trump selects Amy Coney Barrett to fill Ginsburg Supreme Court vacancy
Barrett's selection will come just a week after Ginsburg died from complications due to cancer found on her pancreas.
POSTED SEPTEMBER 25, 2020 10:44 PM
|Market volatility expected to continue in the week ahead with Presidential debate and jobs report
The presidential debate and the jobs report are the big things investors are watching in the week ahead, and both could have a big impact.
POSTED SEPTEMBER 25, 2020 8:34 PM
|Supreme Court to face major cases on Obamacare and religion in coming term
A number of high-profile cases are on the docket, with potential impacts that stretch deep into American life.
POSTED SEPTEMBER 25, 2020 10:32 PM
|These companies are returning more money to shareholders after cutting jobs
Dividends and buyback programs are slowly returning, but for some companies, the reinstatement of capital-return plans follows layoffs and permanent job cuts.
POSTED SEPTEMBER 25, 2020 7:45 PM
|Google CEO Sundar Pichai tells employees 'we are not going back in time' after sexual misconduct settlement
Alphabet and Google CEO Sundar Pichai sent a stern note to employees following its massive settlement on sexual misconduct allegations.
POSTED SEPTEMBER 26, 2020 3:26 AM
|Chinese electric car start-up Xpeng shows off new flying vehicle
With eight propellers and a capsule-like frame, the vehicle resembles a human-carrying drone more than a flying car.
POSTED SEPTEMBER 26, 2020 10:13 AM
|Dow rallies more than 300 points on Friday as tech shares bounce, cutting losses for the week
U.S. stocks rose on Friday, recovering some of their losses for the week, as tech shares clawed back some of their big September declines.
POSTED SEPTEMBER 25, 2020 10:23 PM
|Kamala Harris and her husband's combined assets are worth up to $6.3 million, according to public financial records
Public financial records show Kamala Harris and her husband's combined assets to be worth $2.8 million to $6.3 million.
POSTED SEPTEMBER 25, 2020 1:05 PM
|Cramer recommends Palantir at the right price, but says its governance is most 'egregious' since WeWork
"If you can get Palantir for around $10, or ideally less on a pullback, you've got my blessing to buy it," said "Mad Money" host Jim Cramer.
POSTED SEPTEMBER 25, 2020 10:48 PM
|House Democrats prepare new $2.4 trillion stimulus plan with unemployment aid, direct payments
House Democrats could move to vote on the new coronavirus stimulus proposal as soon as next week.
POSTED SEPTEMBER 25, 2020 11:46 AM
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|Stocks making the biggest moves midday: Tesla, Costco, Royal Caribbean & more
Take a look at the stocks making headlines in midday trading.
POSTED SEPTEMBER 25, 2020 4:32 PM
|Stocks making the biggest moves in the premarket: Costco, AstraZeneca, Novavax, Harley & more
The stocks making the biggest moves in premarket trading include Costco, AstraZeneca, Novavax, Harley-Davidson & more.
POSTED SEPTEMBER 25, 2020 12:03 PM
|China’s massive bond market will be more accessible to foreign investors next year
China's scheduled inclusion in the FTSE World Government Bond Index — its third entry into a major global bond index — comes at a time when investors are hunting for yield in an environment of ultra-low interest rates.
POSTED SEPTEMBER 25, 2020 9:09 AM
|Investor Baillie Gifford bets more on China as Asia draws more capital in a post-coronavirus world
The last full week of the third quarter wrapped up with a flurry of investment deals in Asia, particularly China.
POSTED SEPTEMBER 25, 2020 7:28 AM
|Market's wild swings should fade because true fear is absent, Allianz Global's Mona Mahajan predicts
Investors should get a break from volatility until around Election Day, according to Allianz Global Investors’ Mona Mahajan.
POSTED SEPTEMBER 24, 2020 11:55 PM
|What the post-coronavirus workplace might look like
Steelcase developed screens that allow colleagues to work together without direct, face-to-face interaction.
POSTED SEPTEMBER 24, 2020 8:25 PM
|Racial inequality cost the economy $16 trillion over the last two decades, Citi finds
Citi has put a figure to the economic cost of racial inequality.
POSTED SEPTEMBER 24, 2020 3:26 PM
|Ron Insana: For the first time ever, a recession could end with a bear market
Is it possible that good news will be very bad news for the "stay-at-home" tech stocks?
POSTED SEPTEMBER 24, 2020 2:55 PM
|Stocks making the biggest moves in the premarket: Accenture, Darden Restaurants, BlackBerry & more
The stocks making the biggest moves in premarket trading include Accenture, Darden Restaurants, BlackBerry, and more.
POSTED SEPTEMBER 24, 2020 11:56 AM
|Economist Stephen Roach issues new dollar crash warning, sees double-dip recession odds above 50%
Former Morgan Stanley Asia chairman Stephen Roach lists reasons why the dollar will plunge next year, and warns odds of a double-dip recession are growing.
POSTED SEPTEMBER 24, 2020 12:18 AM