Insurance
Worsening Floods Pose Threat to U.S. Dam Safety
ST. LOUIS (AP) — Early last week, floodwater in rural Minnesota pushed debris against a more than century-old dam and then carved a path around it, eroding so much of the riverbank that most of a house fell into the …
Read More Kansas School District Was Discriminatory in Discipline: DOJ
TOPEKA, Kan. (AP) — Educators in Kansas’ largest public school district discriminated against Black and disabled students when disciplining them, according to the U.S. Department of Justice, which announced an agreement Tuesday that will have the district revising its policies. …
Read More Judge Tells Louisiana to Protect Incarcerated Workers Toiling in Summer Heat
Amid blistering summer temperatures, a federal judge ordered Louisiana to take steps to protect the health and safety of incarcerated workers toiling in the fields of a former slave plantation, saying they face “substantial risk of injury or death.” The …
Read More OSHA Fines Georgia Sawmill $267,300 After Death of Worker
A Georgia sawmill could have prevented the death of a 24-year-old worker last year if it had followed safety procedures and federal regulations, the U.S. Occupational Safety and Health Administration said in fining the mill $267,300. “We learned that Thompson …
Read More Weather Damaged F-35s Parked in Texas May Cost Pentagon Millions
US taxpayers could be on the hook for millions of dollars in repairs if F-35 fighter jets suffer major weather damage while waiting on a Texas tarmac for a long-delayed software upgrade, according to the Pentagon’s contracts oversight agency. The …
Read More OpenAI’s Internal AI Details Stolen in 2023 Breach, NYT Reports
A hacker gained access to the internal messaging systems at OpenAI last year and stole details about the design of the company’s artificial intelligence technologies, the New York Times reported on Thursday. The hacker lifted details from discussions in an …
Read More Cooper Signs Retention Groups, Vaping, Work Zone Safety Bills in North Carolina
RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper signed four bills Wednesday that include the creation of a new registry for vaping products and a slew of changes related to transportation laws and the state DMV. Cooper also vetoed …
Read More Q2 2024 Personal Rates Up 7.6%: MarketScout
The average rate increase for U.S. personal lines coverages was about 7.6% in the second quarter, up from about 4.8% for the first three months of the year, according to MarketScout. Dallas-based MarketScout, a division of Novatae Risk Group, said …
Read More Insurers Fret Over Risk of Militant Attacks, AI Hacks at Paris Olympics
Insurers are nervous that militant attacks or AI-generated fake images could derail the Paris Olympics, risking event cancellations and millions of dollars in claims. Insurers faced losses after the 2020 Tokyo Olympics were postponed for a year due to the …
Read More Labour Win Brings Few Hopes or Fears to London’s Financial District
Labour’s landslide election win shows few signs of unsettling London’s financial heartland after the party’s lengthy pro-business overtures, though many in finance remain wary they could be targeted to prop up Britain’s stretched public finances further down the line. Under …
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