Insurance
Texas Prosecutor Drops Most Cases Against Austin Police Officers Over Tactics Used During 2020 Protests
AUSTIN, Texas (AP) – A Texas prosecutor whose office oversaw indictments against more than 20 Austin police officers for tactics used during the 2020 protests that followed George Floyd`s killing said Monday he was dropping most of the cases and …
Read More Auto Safety Regulators To Watch Unrecalled Takata Inflators After One Blows Apart, Injuring a Driver in Chicago
DETROIT (AP) – U.S. auto safety regulators said Monday they are monitoring data from a group of mostly unrecalled Takata air bag inflators after one of them exploded in a BMW and hurled metal fragments that seriously injured a driver …
Read More University of Penn Sued by Students Claiming Antisemitism on Campus
The University of Pennsylvania was sued by a pair of students who claim the campus was a hotbed of antisemitism even before Hamas attacked Israel on Oct. 7. Penn became the third major US college, after New York University and …
Read More AM Best Maintains Stable Outlook for U.S. Property/Casualty Commercial Lines
Persistently strong underwriting performance during and after the global pandemic – despite substantial economic and capital markets volatility – has prompted AM Best to maintain its “stable” outlook for the US property/casualty commercial lines segment. Premium rates for most of …
Read More Magnitude 5.1 Earthquake Felt Widely Across Big Island of Hawaii
A magnitude 5.1 earthquake on the Big Island of Hawaii was felt widely, but there were no reports of damage or injury, officials said. The earthquake hit at 5:54 p.m.on Monday near the Kilauea volcano at a depth of 1 …
Read More IMA Financial Adds EBS Insurance Brokers in Massachusetts
Denver-based insurance brokerage IMA Financial Group reports it is expanding its employee benefits practice nationally with the acquisition of EBS Insurance Brokers of Newton, Massachusetts. EBS and its 30 employees offer health and welfare plan administration, executive and international benefits …
Read More Hailstorm Claims Risk Undermining Solar Energy, Insurer Says
Solar farms around the world are under threat due to costly hailstorm-related claims, according to renewable energy underwriter GCube Insurance. Hail was the costliest category for insurance claims by the renewables industry in the last five years, averaging around $58.4 …
Read More Humanity on Verge of 5 Climate Tipping Points, Report Warns
Five major global “tipping points” are in danger of being crossed at current levels of warming, a new study warns, leaving humanity at an inflection point between two potential futures. An international team of more than 200 researchers identified 26 …
Read More Bayer Ordered to Pay $3.5 Million in Latest Roundup Weedkiller Trial
Bayer was ordered on Tuesday to pay nearly $3.5 million by a Philadelphia jury that found the company’s Roundup weedkiller caused a woman’s cancer, the company said, the latest in a string of trial losses for the company as it …
Read More Families Sue Fla. Dollar General, Landlord Over Lax Security After Shooting that Killed 3
JACKSONVILLE, Fla. (AP) — Family members of three Black people fatally shot at a Dollar General store in north Florida by a racist gunman have sued the store’s landlord, operator and security contractor for negligence, claiming lax security led to …
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