Ship’s owner, manager try to limit liability in Baltimore accident

The owner and manager of a cargo ship that rammed into Baltimore’s Francis Scott Key Bridge before it collapsed last week filed a court petition on Monday (April 1) seeking to limit their legal liability for the deadly disaster. The companies’ “limitation of liability” petition is a routine but important procedure for cases litigated under US … Read more

Are homeowners getting insurance breaks for wildfire protection measures?

The CZU Lightning Complex wildfire that burned through the Santa Cruz Mountains in late summer 2020 was a wakeup call for Frank Bäuerle. He wasted no time fireproofing his Ben Lomond home and neighborhood, clearing brush and screening vents against flying embers to bolster his property’s resistance to flames. But even as his neighborhood got … Read more

State Farm shedding 72,000 home insurance policies in California – Daily News

State Farm, California’s largest insurer, announced it will discontinue coverage for 72,000 homes and apartments starting this summer, a move likely to sharply inflate housing costs for affected residents in a state that’s reeling from a series of destructive recent wildfires. The Illinois-based insurance giant, which accounts for a fifth of the California home insurance … Read more

Hidden cameras capture bank employees misleading customers, pushing products that help sales targets

Michelle Jeraline says she’s so stressed out by the pressure to sell customers products at TD Bank, it’s affected her health.  The TD employee says she’s usually not acting in the best interest of her clients — she’s trying to sell them products that will help her meet sales targets and keep her from being … Read more

Colorado gun bills, property taxes, economic forecasts in legislature

This week will bring a major mid-March milestone in the Colorado legislature’s quickening sprint toward the end of the 120-day session. The Joint Budget Committee, which is in the process of writing the budget for the next fiscal year, which starts in July, will hear the final economic forecasts before lawmakers debate and vote on … Read more

Colorado lawmakers target another $5 million for Denver Health

A bipartisan group of Colorado lawmakers is again moving to direct a special $5 million infusion to Denver Health amid rising concerns about the hospital’s financial security and fears of a potential descent into a “death spiral.” Members of the powerful Joint Budget Committee, which gave initial approval to the allocation Wednesday night, acknowledged that … Read more

Jeremy Hunt’s scorched earth budget – POLITICO

Laura Trott, Hunt’s deputy at the U.K. Treasury, has dismissed allegations of foul play as “an excuse to try and wriggle out of Labour’s disastrous £28 billion of unfunded spending.” But in truth Treasury ministers have always looked for ways to hobble their successors — especially in the run-up to an election.  George Osborne, the … Read more

Manufacturing PMI® at 47.8%; February 2024 Manufacturing ISM® Report On Business®

New Orders; Backlogs Contracting; Production; Employment Contracting; Supplier Deliveries Slowing; Raw Materials Inventories Contracting; Customers’ Inventories Too Low; Prices Increasing; Exports and Imports Growing TEMPE, Ariz., March 1, 2024 /PRNewswire/ — Economic activity in the manufacturing sector contracted in February for the 16th consecutive month following one month of “unchanged” status (a PMI® reading of 50 percent) and … Read more

Only military might will win Europe respect, Poland’s Tusk tells fellow leaders – POLITICO

“We will be respected in all the capitals of the world if we believe that the European Union can be a power not only of civilization, economy, and science, but also a military power,” Tusk said in a joint conference with Scholz. “History has turned out to be extremely cruel and surprising. A few years … Read more

Experts Reveal the Optimal Time to Buy Travel Insurance

MINNEAPOLIS, Feb. 12, 2024 /PRNewswire/ —  When is the Best Time to Get Travel Insurance? The experts at Yonder Travel Insurance say: The sooner the better. Insuring your trip investment early will not only protect it, but bring you greater peace of mind. Should something come up like a weather-related, sickness, or a family emergency, … Read more