Insurance
Climate Change at Top of Insurers’ Concerns, Followed by War-Related Risks
Climate change remains at the top of insurance companies’ biggest concerns even as Russia’s invasion of Ukraine stokes geopolitical and energy-related fears within the industry. Global warming is considered as the biggest risk to society in the next five to …
Read More Republican National Committee Sues Google Over Email Spam Filters
he Republican National Committee (RNC) filed a lawsuit against Alphabet Inc’s Google on Friday for allegedly sending its emails to users’ spam folders. The U.S. political committee accuses the tech giant of “discriminating” against it by “throttling its email messages …
Read More Tennessee Tech Develops Low-cost Sensors to Help Detect Flooding
Extreme rainfall events, and the dangerous floods that follow them, are happening more often in Tennessee. This risk grows as the climate warms. To respond to this risk, climate scientists, engineers and emergency mangers rely on environmental data — data …
Read More Florida Offering $5 Million to Help Needy Hurricane Victims Pay Insurance Deductibles
The Florida Housing Finance Corp. is providing $5 million to help low- to moderate-income families and individuals in six counties hit by Hurricane Ian to pay their homeowners’ property insurance deductibles, Gov. Ron DeSantis announced. The corporation serves as the …
Read More New Jersey Train Track Where 2 Were Killed Was Supposed to Be Closed for Repairs
Federal authorities say two construction workers struck and killed by a train earlier this month on a bridge between New Jersey and Pennsylvania were on a track that was supposed to have been taken out of service for planned concrete …
Read More Washington Selects Operator for Rideshare Driver Resource Center
The Washington State Department of Labor & Industries announced an agreement with the Drivers Union to create a Drivers Resource Center. The center will support drivers who provide ride services for passengers through a transportation network company platform, like Lyft …
Read More Trump Answers Questions in New York Defamation Suit
Former President Donald Trump answered questions under oath Wednesday in a lawsuit filed by E. Jean Carroll, a magazine columnist who says he raped her in the mid-1990s in a department store dressing room. The deposition gave Carroll’s lawyers a …
Read More Munich Re Estimates $1.6 Billion Hit From Hurricane Ian Could Affect 2022 Targets
Munich Re said it will probably take a hit of about 1.6 billion euros ($1.6 billion) after hurricane Ian led to massive damages in Florida, and warned reaching its full-year profit goal has become “significantly more challenging.” The estimate of …
Read More Nebraska Court: Contractors with Assigned Benefits Can’t File Bad-Faith Claims
A restoration contractor that had been assigned benefits by a policyholder cannot pursue a bad faith claim against an insurer because it was not a party to the insurance contract, the Nebraska Supreme Court ruled Friday in two separate cases. …
Read More 2021 North Dakota Wastewater Spill Was 20 Times Greater Than First Reported
A wastewater spill from a pipeline break last year in the northwestern North Dakota oil patch was 20 times greater than first reported, the state Department of Environmental Quality said Wednesday. Tallgrass Energy first estimated that nearly 36,000 gallons of …
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