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Epstein Estate Vows Compensation for Accusers Who Drop Damage Lawsuits
The estate of Jeffrey Epstein wants to set up a fund using the late financier’s fortune to compensate women willing to forgo a spate of lawsuits seeking damages for sexual abuse, according to a court document filed on Thursday. In …

POSTED NOVEMBER 18, 2019 6:00 AM
Supreme Court Will Hear Google Latest Effort to End Oracle’s Copyright Claim
The U.S. Supreme Court on Friday agreed to hear Google’s bid to escape Oracle Corp.’s multi-billion dollar lawsuit accusing Google of infringing software copyrights to build the Android operating system that runs most of the world’s smartphones. Google has appealed …

POSTED NOVEMBER 18, 2019 6:00 AM
Florida Expands Access to Insurtech Services and Devices
On June 28, 2019, Florida Governor Ron DeSantis signed House Bill 301 into law and, in doing so, loosened regulatory restrictions and allowed insurers and their agents to utilize innovative technologies to reduce perils to insureds and the costs to …

POSTED NOVEMBER 18, 2019 5:42 AM
New Financial Institutions Offering from Hanover Targets Asset Managers, Depositories
The Hanover Insurance Group, Inc. has launched Hanover Financial Institutions Advantage, a new offering that provides small to mid-sized asset managers and depository institutions with coordinated property, casualty, management and professional liability coverages. The Hanover Financial Institutions Advantage comprehensive product …

POSTED NOVEMBER 18, 2019 5:33 AM
Judge Trims Oklahoma Opioid Penalty on J&J to $465M to Reflect Math Error
An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic through the deceptive marketing of painkillers, down from his original award of $572 million. The decision by Cleveland County District …

POSTED NOVEMBER 17, 2019 8:21 PM
FCC Seen Backing Away from Reserving More Airwaves for Automakers’ Talking Cars
The U.S. Federal Communications Commission has proposed taking back some of the spectrum long promised to automakers and re-allocating it to other wireless uses, according to people familiar with the matter. It’s a potentially significant development in a years-long debate …

POSTED NOVEMBER 17, 2019 8:14 PM
As Texas Windstorm Insurer Mulls Rates, Policyholders, Lawmakers Strongly Oppose Hikes
Texas’ property insurer of last resort for wind and hail in counties along the Gulf Coast is finding itself once again between a rock and a hard place — or perhaps more appropriately, between a hurricane and a tornado — …

POSTED NOVEMBER 16, 2019 12:35 AM
Venice Suffers 2nd High Tide in a Week as Italy Declares State of Emergency
Venice suffered its second exceptionally high tide in a week, with waters rising 154 centimeters (61 inches) above their benchmark late morning Friday, the Ansa news agency reported. The historic city is still reeling from the 187-centimeter tide it recorded …

POSTED NOVEMBER 15, 2019 6:17 PM
Michigan Recreational Pot Sales to Begin in December
The state of Michigan is opening the door to the sale of marijuana for recreational use starting in December, which is earlier than expected. The Marijuana Regulatory Agency issued an advisory bulletin on Nov. 13. It says businesses that are …

POSTED NOVEMBER 15, 2019 5:42 PM
U.S. Attorney: Oklahoma Man Sentenced for Stealing Almost $370K from Employer
A Tulsa, Oklahoma, man was sentenced to 15 months in prison and ordered to repay nearly $370,000 after being found guilty of stealing from his employer. Ernest Everette Howard, 49, of Tulsa, must $368,329.61 in restitution, according to the U.S. …

POSTED NOVEMBER 15, 2019 5:27 PM

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