Insurance
Residents Fight Planned Monkey-Breeding Farm in South Georgia
BAINBRIDGE, Ga. (AP) — Some local residents and an animal-rights group are protesting plans for a monkey-breeding facility in southwest Georgia. Opponents recently urged the Bainbridge City Council to block plans by a company called Safer Human Medicine to build …
Read More Hacking Allegations Expose E-Prescription System Cyber Risk
Scammers hacked into doctors’ electronic prescribing accounts, wrote tens of thousands of bogus orders for addictive drugs, then had runners pick them up from pharmacies in multiple states so they could be illegally resold online, prosecutors in New York announced …
Read More Climate Change Poses Significant Risk for South African Insurers: Old Mutual
Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of reinsurance, a top official at its biggest insurer by assets said. After staying almost flat in the decade to 2020, …
Read More Prized Jackie Robinson Statue Stolen from Kansas Park, Sparking Outrage and Police Search
WICHITA, Kan. (AP) — A prized statue of Jackie Robinson was stolen from a public park in Kansas, spurring a police search Friday and outrage across the city of Wichita. The statue honors the first player to break Major League …
Read More Former Allianz Execs Raise Funds for Carbon Credit-Backed Insurance
An insurance start-up founded by three former Allianz executives that aims to guarantee companies buying carbon credits get the permits they’ve paid for has closed the biggest European climate-focused seed funding round in more than a year. CarbonPool raised 10.5 …
Read More Federal Court Issue Fine to Nebraska Contractor Who Stalled Investigation into Employee’s Fall
A federal court has issued an order holding a Nebraska roofing contractor — who has stalled federal investigators for nearly a year — in contempt of court and imposing a fine of $100 a day if he fails to comply …
Read More Brazil’s Government Paves the Way for Insurance-Linked Securities
Brazil’s National Monetary Council (CMN), the country’s highest economic body, granted approval on Thursday for regulations enabling insurers and reinsurers to raise funds from investors through the issuance of insurance-linked securities. The Finance Ministry, whose minister is a part of …
Read More EPA Blocks Access to Louisiana Apartment Complex Due to Cancer-Causing Chemicals in Soil
BENTON, La. (AP) — After cancer-causing chemicals were found in the soil at a north Louisiana apartment complex, the Environmental Protection Agency has blocked access to part of the property and will move to abate the situation. The EPA will …
Read More Audit Reveals Incomplete Information Led to Resignation of Minnesota Marijuana Regulator
ST. PAUL, Minn. (AP) — The Minnesota governor’s office did not have complete information about the woman the governor appointed as director of Minnesota’s new marijuana regulatory agency, leading to her surprising resignation after media reports about her financial problems …
Read More Family of Florida Woman Killed by Alligator Sues Housing Complex for Negligence
WEST PALM BEACH, Fla. (AP) — The family of a Florida woman killed by an alligator last year as she walked her dog in her backyard is suing the housing complex’s owner, alleging its employees fed the gator and didn’t …
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