Allstate Q4 Catastrophe Loss Tempered by Higher Premiums, Reduced Auto Claims

Article 0 Comments The Allstate Corp. lost $312 million in its 2018 fourth quarter, which was attributable to higher catastrophe losses, lower investment income and a pension settlement charge. Catastrophe losses hit $963 million, versus just under $600 million in Q4 2017. However, the insurer said that higher premiums earned […]

Dutch Authorities Raise Number of MSC’s Containers Lost in North Sea Storm

Article 0 Comments Dutch authorities say a freight ship lost dozens more containers than previously thought when it was caught in a heavy storm early this year. The Dutch water authority said Wednesday that at least 345 containers fell off the MSC Zoe freighter Jan. 2. The previous estimate was […]

Judge Pauses Lawsuits Against Crypto Exchange as It Hunts for Missing Password

Article 0 Comments A cryptocurrency platform that lost access to millions of dollars when its founder died with sole knowledge of company passwords has been granted a temporary reprieve from creditor lawsuits. Halifax judge Michael Wood on Tuesday [Feb. 5] ordered a 30-day stay that precludes filing of claims against […]

Drone Travel Chaos at Gatwick Airport Cost EasyJet Nearly $20 Million

Article 0 Comments EasyJet lost 15 million pounds ($19 million) during 36 hours of travel chaos sparked by drones flying into London’s Gatwick Airport in December, the budget airline said on Tuesday, adding it should serve as a “wake-up call” to airports. The British carrier, the largest operator at Britain’s […]

380 People Died in Minnesota Traffic Crashes Last Year

Article 1 Comments The Minnesota Department of Public Safety says more people lost their lives on state roadways in 2018 compared to the year before. Initial reports show 380 people were victims of fatal crashes last year, up from 358 in 2017. Mike Hanson is director of the department’s Office […]

Wet Harvest Leads to $77M Loss for Arkansas Soybean Farmers

Article 0 Comments Agriculture experts say Arkansas soybean farmers have lost at least $77 million this year after heavy rainfall interrupted harvest season and damaged the quality of the crop. The Arkansas Democrat-Gazette reports that University of Arkansas researchers found that wet conditions starting with Tropical Storm Gordon in September […]

U.K. Food Delivery Service Riders Lose Employment Rights Bid

Article 0 Comments A trade union lost a U.K. court bid for the right to lobby Deliveroo over pay and conditions on behalf of the food-delivery service’s riders, in a rare setback for workers in the so-called gig economy. The Independent Workers Union of Great Britain failed Wednesday at the […]

Colorado Agency Targeted in Massive Ransomware Scheme

Article 0 Comments No money was paid and no information was lost during a ransomware cyberattack that exploited a cloud-based vulnerability in the Colorado Department of Transportation’s computer network last spring, officials said. CDOT was one of several government agencies across the country targeted by two Iranian computer hackers in […]

Brewery Defeats Trademark Complaint by Conservative Icon Schlafly’s Heirs

Article 0 Comments Relatives of the late conservative activist Phyllis Schlafly on Monday lost their appeal to block a St. Louis, Missouri, craft brewery from trademarking the Schlafly name. In a 3-0 decision, the U.S. Federal Circuit Court of Appeals ruled in favor of Saint Louis Brewery LLC, which was […]

Real-Time Mapping System to Help Arkansas Firefighters Stay on Track

Article 0 Comments The days of Mountain Home, Arkansas, firefighters potentially getting lost when responding to an emergency are now numbered. Thanks to a new system being put into place, the firefighters will be given directions and a host of other information in real time. The system is called Active911 […]