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Storm-Prone Cities Vie for Environmental Impact Bonds
As climate change pushes U.S. cities to build protections against stronger storms and more frequent floods, the Rockefeller Foundation is helping cities with a novel kind of financing, one that transfers some of the risk of innovative projects from cities …

POSTED AUGUST 17, 2017 5:00 AM
Uber CEO Claims Venture Capital Lawsuit Against Him Should Go to Arbitration
Ex-Uber Technologies Inc. Chief Executive Officer Travis Kalanick said the lawsuit brought by venture-capital firm Benchmark seeking his ouster from the company’s board should be heard in private arbitration. In a letter Monday to a Delaware judge, an attorney for …

POSTED AUGUST 17, 2017 5:00 AM
Pioneer Special Risk to Offer CPL Coverage Expansion For Specialty Contractors
Pioneer Special Risk has launched a new optional coverage expansion for specialty contractors that offers them the option of including incidental contractors pollution coverage, traditionally required as part of their client’s contractual terms, within the specialty contractor’s primary CGL policy. …

POSTED AUGUST 17, 2017 4:41 AM
Florida Police: Tiger Woods Had Marijuana, Painkillers in System When Arrested for DUI
Tiger Woods had the active ingredient for marijuana, two painkillers and two sleep drugs in his system when he was arrested on a DUI charge earlier this year, a report released Tuesday by police said. Police in Jupiter, Florida, released …

POSTED AUGUST 17, 2017 4:27 AM
A.M. Best Revises Outlooks to Negative for West Virginia National Auto Insurance Co.
A.M. Besthas revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” of West Virginia National Auto Insurance Co., based in Morgantown, W.Va. The ratings company …

POSTED AUGUST 17, 2017 4:19 AM
Mississippi City Wants $400K Repaid From Arts School For Roof Collapse Work
A Mississippi city has sued the head of a school for the arts, saying he knew before the roof collapsed that it was in danger of falling in. The City of McComb alleges that Terrance Alexander, director of Jubilee Performing …

POSTED AUGUST 17, 2017 4:14 AM
Workplace Is Hostile, Stressful, Grim Place for Many Americans
The American workplace is grueling, stressful and surprisingly hostile. So concludes an in-depth study of 3,066 U.S. workers by the Rand Corp., Harvard Medical School and the University of California, Los Angeles. Among the findings: Nearly one in five workers …

POSTED AUGUST 17, 2017 4:00 AM
More States, Star Lawyers Eye Lawsuits Against Big Pharma Over Opioids
Big Pharma is having a Big Tobacco moment as litigation over opioids attract star lawyers and a growing list of states and local governments seeking their own multibillion-dollar payout to deal with costs of a burgeoning drug epidemic. On Tuesday, …

POSTED AUGUST 17, 2017 4:00 AM
Businesses Owned by West Virginia Gov Settle Flood Clean Up Suit for $550K
Three businesses owned by West Virginia Gov. Jim Justice and his family have agreed to settle for $551,420 a lawsuit that claimed they had not paid for $771,268 of cleanup work after the Greenbrier resort was hit by severe flooding …

POSTED AUGUST 17, 2017 3:55 AM
Suretywave Acquires Insure Vision Technologies in California
SuretyWave LLC has acquired Sherman Oaks, Calif.-based Insure Vision Technologies. Terms of the deal were not disclosed. The acquisition paves the way for SuretyWave to integrate its digital business-architected platform with IVT’s web-based surety bond processing system known as the …

POSTED AUGUST 16, 2017 7:01 PM

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