Insurance
US Senate Votes to Fund Most of Homeland Security After Shutdown Disrupts Airports
The US Senate passed legislation early Friday to fund most of the Department of Homeland Security, forging a path to end a lengthy partial government shutdown that snarled airport security and threatened to ripple through an economy already roiled by …
Read More Trump Extends Deadline for Striking Iran’s Energy Plants Into April
U.S. President Donald Trump said he would again extend the deadline for Iran to reopen the Strait of Hormuz or face the destruction of its energy plants, after Tehran had earlier rejected a 15-point U.S. proposal to end the fighting …
Read More Iran Built Vast Camera Network to Control Dissent. Israel Turned it Into Targeting Tool
The role of Israel’s hijacking of Iran’s street cameras in the killing of the country’s supreme leader underscores how surveillance systems are increasingly being targeted by adversaries in wartime. Hundreds of millions of cameras have been installed above shops, in …
Read More US Warns on Bab El-Mandeb Strait After Iran Shipping Threat
The US warned that Iran-backed Houthi militants could start firing on vessels in the Bab El-Mandeb Strait after Tehran raised the possibility of extending barriers to global shipping during the ongoing war. The US Department of Transportation’s Maritime Administration issued …
Read More Bessent Says Hormuz Ships Insurance Program to Start Soon
Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies. Bessent’s predictions, delivered …
Read More Energy Fallout From Iran War Signals Global Wake-Up Call for Renewable Energy
The war in Iran is exposing the world’s reliance on fragile fossil fuel routes, lending urgency to calls for hastening the shift to renewable energy. Fighting has all but halted oil exports through the Strait of Hormuz, the narrow waterway …
Read More Odey Allegedly Told Staffer He Could ‘Attack’ Her After Alcohol-Fueled Lunch
Ex-hedge fund boss Crispin Odey cornered a female receptionist after an alcohol-fueled lunch and told her “I could attack you now,” according to a diary entry by the staffer revealed at a London court on Tuesday. When she verbally resisted …
Read More Depreciation on ACV is OK, Court Says in Knocking Down Class Action vs. Cincinnati
A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes that plan clear, a federal appeals court said in shooting down a proposed class-action lawsuit against Cincinnati Casualty Co. The …
Read More RFK Allies Petition to Add More Than 300 Injuries to US Vaccine Injury Table
An anti-vaccine group aligned with U.S. Health Secretary Robert F. Kennedy Jr. is petitioning him to vastly broaden a federal list to include more than 300 injuries it says are linked to immunizations, and has threatened to sue if he …
Read More Totalis Program Underwriters Acquires Home/Flood Insurance Specialist ShoreOne
Coastal-focused homeowners and flood insurance broker ShoreOne Insurance Managers, Inc. has been acquired by Totalis Program Underwriters, a New York specialty insurance platform that is part of NFP, an Aon company. Terms of the deal were not disclosed. However, BrightShore …
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