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INSURANCE NEWS
Viewpoint: How the Federal Ban on Intoxicating Hemp Products Will Reshape Risk and Coverage
I have been writing about the insurance risks of intoxicating hemp products since 2021, when delta-8 THC gummies first started showing up in convenience stores and gas stations across the country. Back then, our message to the cannabis, hemp and …
EQT to Pay $2 Billion for Majority Stake in McGill and Partners
EQT AB has agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus LLC for $2 billion, as the Swedish buyout firm looks to accelerate the company’s global expansion. The investment will be made …
Chicago River Bridge Gets Stuck After Lifting for Boat to Pass
A major bridge in downtown Chicago remained stuck in the raised position for more than four hours Wednesday after dangerous heat caused its components to expand. The DuSable Lake Shore Drive bridge, which crosses the Chicago River at Grand Avenue, …
Ross Fire Continues Burning in North Texas
Ten days since the Ross Fire broke out west of Fort Worth, responders are still battling one of the largest wildfires in North Texas’ recorded history. And while parts of the region are expected to get some rain and slightly …
East Texas Grapples With Flooding From Tropical Storm Edouard
Texas authorities rescued dozens of people from stranded cars, homes surrounded by floodwaters and an assisted living facility as former Tropical Storm Edouard lingered over rural parts of the state and dumped nearly 2 feet of rain in some places. …
Indiana Residential Services Provider to Pay $65K Over Discrimination Suit
Damar Services, Inc., an Indianapolis residential services provider for individuals with developmental disabilities, will pay $65,000 and provide other relief to settle a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. …
Tampa Plane Crash Kills Prominent Spine Physician, Nurse Practitioner
A nurse practitioner and a well-known Tampa physician who founded a children’s scoliosis center were killed when the small plane they were in crashed near the Tampa Executive Airport Thursday, local news sites reported. David Siambanes, 59, had specialized in …
Atlantic Hurricane Season Remains Most Tranquil Since 1941
Dry air, a stable atmosphere and storm ripping wind shear are suppressing every system that emerges, fulfilling predictions that a strong El Niño will make it a quiet hurricane season.
FBI Investigating Possible Exposure of Millions of American IDs
The FBI is investigating a potential breach of an ID verification company that may have exposed scans of millions of Americans’ driver’s licenses, a bureau spokesperson told Bloomberg News on Thursday. Access to the data of more than 160 million …
Labor Day Travelers Face Higher Costs, Heavier Traffic: AAA
Labor Day travelers face heavier traffic, higher fuel, airfare, and hotel costs this year, according to AAA. Booking data shows strong demand for destinations across the U.S., Canada, and Europe. Labor Day Travel Costs Rise for Flights and Hotels Travelers …
Not-So-Mobile Home Gets Stuck and Demolished on Mississippi Highway
A mobile home met its demise when it was moved by an unlicensed and uninsured tow truck driver, and another Mississippi man is charged with arson after he allegedly torched his own home in Indianola, the Mississippi Insurance Department announced. …
OpenAI Agents Hijacked German Website in Previously Undisclosed AI Breakout
A swarm of rogue OpenAI agents hijacked a German website this spring and transformed it into a bulletin board for other AI agents, according to new research published Friday and two people familiar with the matter. OpenAI officials learned of …
