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INSURANCE NEWS
Oman Tells Allies Ships Going Through Hormuz May Have to Pay
Oman has told European officials there’s no way of going back to the pre-war status quo with the Strait of Hormuz and transiting ships may have to be charged some fees, according to people familiar with the matter. While Omani …
Bahrain Targeted, Ship Struck as Iran War Ceasefire Tested
Bahrain said it had been targeted by Iran and a ship in the Strait of Hormuz was struck on Saturday afternoon as Tehran and Washington traded accusations that the other had violated the ceasefire. That came after Iran claimed on …
Appellate Court Rejects EPA Bid to Ease Regulations for Coal-Fired Power Plants
A U.S. federal appeals court on Friday rejected the Environmental Protection Agency’s bid to withdraw Biden-era limits on soot pollution from coal-fired power plants and factories, in a setback for the Trump administration’s deregulatory efforts. The EPA under President Donald …
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake
Not far from the super yachts docked outside the island palaces of Miami’s new billionaire class, smaller boats abandoned by people who couldn’t afford them languish in Biscayne Bay. Since October, Miami Beach police have identified and removed about 140 …
Venezuela Seeks Quake Survivors as Death Toll Hits 589
The death toll from twin earthquakes that rocked Venezuela rose to at least 589 with nearly 3,000 more injured, as rescue teams desperately clear away rubble to reach trapped victims. The powerful 7.2 and 7.5 earthquakes struck within a minute …
Florida Citizens Clarifies What is ‘Comparable Coverage’ in HO, DP Policies
Carriers making takeout offers for Florida Citizens Property Insurance policies have often run into a question: What exactly constitutes “comparable coverage?” That has posed some issues in Citizens’ personal lines clearinghouse platform, the Florida Association of Insurance Agents’ Dave Newell …
Texas Landowners Grapple With a Raft of Gas Pipelines
In 2022, Ty and Leslie Eggemeyer received a notice in the mail that would shape the next four years of their lives. Their nearly 4,000-acre wildlife resort in Lampasas County — featuring everything from giraffes to wildebeests and gazelles — …
Tesla Settles Lawsuit Over Deadly Crash Involving Full Self-Driving
Tesla Inc. has quietly resolved a lawsuit stemming from a fatal 2023 crash that precipitated a defect investigation into the carmaker’s automated-driving technology. The collision involved 71-year-old Johna Story, who had stepped out of her vehicle on an Arizona highway …
Missouri Lawsuit Alleges Snapchat’s Failures Led to Rape of Minor
The parents of a girl who was raped when she was 12 years old by an adult stranger she met on Snapchat have sued its parent company, Snap, and the attacker in Missouri state court. The lawsuit filed Wednesday claims …
Camp Mystic, Where Texas Floods Killed 28, Files Bankruptcy
Camp Mystic, the Texas girls youth camp where 28 people were killed in flash floods last summer, has filed for bankruptcy. The company filed for Chapter 11 in the Southern District of Texas on Wednesday, listing assets of between $1 …
Deadly Neglect Lawsuits and Fines Follow Ohio Nursing Home Chain
A pressure ulcer slowly tore open a hole in the skin over Sam Frank Ray’s tailbone, leaving his raw bone exposed over weeks to the infection that eventually killed him, according to a lawsuit his family filed late last year. …
What Happens to Property Pricing in ’27, Insurance, Reinsurance Execs Ask
Insurance and reinsurance executives speaking at a recent industry conference said there were few surprises during midyear 2026 reinsurance renewals—with past overreactions on price hikes explaining this year’s declines. “The question that’s going to be super relevant is: Where are …
