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Domino and other U.S. sugar companies accused of conspiring to fix prices in antitrust lawsuits

Three antitrust lawsuits filed by food businesses in federal court in Minnesota this week accuse some of the largest U.S. sugar-producing companies of conspiring to fix prices. The lawsuits name United Sugars, which includes American Crystal Sugar and the Minn-Dak Farmers Cooperative; Domino Sugar; Cargill; other producers, and a commodity data company. The plaintiffs in the class-action lawsuits include Great …

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State Farm wont renew homeowners coverage for 72,000 California homes and apartments

Sacramento, Calif. — State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it wouldn’t issue new home policies in the state. The Illinois-based company, California’s largest insurer, cited soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won’t …

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