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Risk for Flooding on the Rise

A combination of rapid snowmelt, ice jams and torrential rains over several days in mid March left swaths of the Midwest and Great Plains states submerged and more than 10 million people under flood warnings by March 17. Powered in part by a “bomb cyclone”—when a rapid drop in barometric pressure leads to hurricane-force winds—flooding…

Rising Workplace Violence Threatens Employers and Employees Alike

The tragic deaths of five employees in a workplace mass shooting at the Henry Pratt Company in Aurora, Illinois, on February 15 this year and the shooting incident that took place at day labor company, Trojan Labor, in Washington, DC, just one day earlier, are solemn reminders of the very real threat posed by workplace…

St. Patrick’s Day Drinking Poses Big Risks to Patrons and Businesses Alike

While everyone is Irish on March 17, nearly 40 million residents in the U.S. and more than 4 million in Canada actually claim Irish heritage. These Irish descendants, actual and adopted, make St. Patrick’s Day a highly profitable occasion for bars and restaurants. The holiday’s popularity is rising, according to the National Retail Federation: Americans…

Food Poisoning Lawsuits Total $6 Million in Nashville Case

Nashville restaurant Milk and Honey faces more than $6 million in damages from four separate lawsuits alleging at least 20 patrons were sickened by short rib gnocchi served at the restaurant on August 3 and 4, 2018. The gnocchi contained what the USDA determined were Salmonella-contaminated eggs from Alabama-based supplier Gravel Ridge Farms. The lawsuits…

Million-Dollar Red Carpet Gems Require Unique Protection

This Sunday movie A-listers from around the world will promenade down the red carpet for the 91st Academy Awards, sporting garments created by a who’s who of designers, established and ascending. Designers and dealers vie for the coveted honor of outfitting celebrities with their jewelry and watches. One report estimated the total value of jewelry and…

From Motorcycles to Life-Saving Devices, 3D Printing Full of Promise and Risk

Every day, it seems, brings news of another milestone achieved thanks to 3D printing. Just last month doctors at Penn State Children’s Hospital surgically implanted a 3D-printed esophageal “splint” in 13-month-old Ramiah Martin, who was born without a trachea and with a malformed esophagus. Digital manufacturer Carbon and football helmet designer Riddell recently announced plans…

Lawsuit Claims Purdue Pharma Made Billions from Opioid Crisis, Putting Company and its Officers at Risk

From 2008 to 2016 the Sackler family, which controls Purdue Pharma, received more than $4 billion in profits by aggressively marketing and selling OxyContin, despite several lawsuits and full awareness of the drug’s highly addictive properties, according to a lawsuit filed by Massachusetts Attorney General Maura Healey on January 31. The lawsuit alleges members of…

Truck Driver’s $298.3 Million Powerball Jackpot Leads to Newfound Wealth, Risk

Truck driver David Johnson confirmed last week he is the sole winner of the December 26 New York Powerball drawing. The 56-year-old, who emigrated from Jamaica when he was 16, quit his job at Iberia Foods and plans to live on the estimated $114 million he will collect after taxes. Johnson’s plans also include buying…

Highway a Sweet Mess after 40,000 Pounds of Liquid Chocolate Spills from Tanker

Though the resulting aroma was sweet, the rollover accident that caused a tanker truck to spill 40,000 pounds of hot, liquid chocolate on an Arizona freeway was anything but. There were no injuries or other vehicles involved in the accident, but the insurance impact is likely significant. The accident appeared to have been caused by…

California Wildfires’ Impact Felt Throughout Insurance, Real Estate Markets

The impact of wildfires that raged across California the past two years will force one of the state’s largest utilities to file for bankruptcy protection later this month, but has also limited access to Homeowners Insurance policies statewide. Pacific Gas & Electric Corp. (PG&E), found at fault for some 2017 wildfires, now faces additional liabilities…