Articles by Josh Funk

Berkshire Reveals Stakes in Dollar General, Verisk

Warren Buffett’s Omaha, Neb.-based company, Berkshire Hathaway, revealed new investments in retailer Dollar General and insurance data specialist Verisk Analytics along with several other adjustments in its $52.4 billion U.S. stock portfolio. Investors will have to wait a while to …

Nebraska Nuke Utilities Say Safety Prevails Amid Flood

The utilities that run Nebraska’s two nuclear power plants want the public to know the facilities are safe, even though floodwaters from the Missouri River have surrounded one plant and are encroaching on another. Fort Calhoun and Cooper nuclear power …

Crews Racing Floodwaters to Build Up Iowa Levee

Crews in Hamburg, Iowa, were busy June 14 building up a secondary barrier to protect the small Iowa town after the swollen Missouri River punched a massive hole in the main levee. The river ruptured two levees in northwest Missouri …

Economist: Exports Aiding Midwest Economic Growth

Strong export numbers are boosting the economy in nine Midwest and Plains states, even though high raw material costs have hurt profits, according to a new monthly report released June 1. The overall economic index for the Mid-America region rose …

Nebraska Court: Insurers Must Pay in Pollution Case

The Nebraska Supreme Court on Feb. 5 upheld a decision ordering two insurance companies to pay about $550,000 of the cost of cleaning up industrial contamination in Hastings. The ruling sets the standard in Nebraska for determining how much insurance …

Nebraska High Court Says Worker Can Sue for Parking Lot Injury

A retired Union Pacific conductor can seek compensation for a knee injury because walking into work from the parking lot was part of the conductor’s job, the Nebraska Supreme Court said in a ruling released Dec. 11. The ruling reinstates …

Filed in 1998, Nebraska Agency Case Not Over Yet

After more than a decade and four Nebraska Supreme Court rulings, a new trial may soon be scheduled in a multimillion-dollar insurance dispute between Florida and Countrywide Insurance Agency. Florida is still trying to collect $4.7 million in premiums and …

Aha! Mutual of Omaha and Winfrey Settle Lawsuit

Mutual of Omaha may have had its own “aha moment.” The Omaha, Neb.-based insurance company has decided to settle its lawsuit against Oprah Winfrey’s production company over rights to the phrase. Jim Nolan, a spokesman for Mutual, and Angela DePaul, …

Nebraska High Court: Judge Must Explain Countrywide Insurance Ruling

A judge must explain to the Nebraska Supreme Court why he ordered a new trial in a multimillion dollar insurance dispute involving Florida and Omaha-based Countrywide Insurance Agency. In June 2008, the Supreme Court threw out Douglas County District Judge …

Insurer to Pay Bulk of $900K Settlement in Nebraska Fraud Case

A group of more than 200 investors who believe they were defrauded by their Nebraska-based brokers will share roughly $900,000 in a settlement with one of their brokers’ former employers. The company’s insurer,Quanta Specialty Lines Insurance Co., will pay most …