Insurance
National Flood Insurance Program Once Again on the Verge of Expiration
About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program (NFIP) will soon expire—a prospect that could cause coverage lapses for policyholders with expiring contracts at the traditional height of hurricane season, and major problems for …
Read More New Hampshire Receives First $8 Million Check From 3M Co. PFAS Water Settlement
New Hampshire has received an initial payment of close to $8 million from the 3M Company’s nationwide PFAS settlement of public drinking water systems claims. Attorney General John M. Formella said the funds will be deposited in the state’s drinking …
Read More Kentucky Distillery Bounces Back From Flood That Halted Bourbon Production
The long history of bourbon production at Buffalo Trace Distillery has been connected to the Kentucky River — summed up as a blessing and curse by a plaque on the grounds. In the 1800s, long before the Buffalo Trace name …
Read More Former Student Sues Southern Miss and Fraternity Over Alleged Hazing Injuries
A former Omega Psi Phi pledge who alleges he was so severely beaten during the Nu Eta chapter’s “Hell Night” that he had to relearn how to walk is now suing the fraternity, the University of Southern Mississippi, multiple other …
Read More People Moves: Poland’s Largest Insurer PZU Names Benczak as CEO
Poland’s largest insurer PZU has appointed Bogdan Benczak as its new chief executive, filling a role that had been led by an acting CEO since the dismissal of his predecessor in August. The appointment, effective September 25, is conditional on …
Read More Amazon Sues to Block New York State Labor Law
Amazon.com sued the New York State Public Employment Relations Board on Monday to block it from enforcing a new law that the online retailer considers an attempt to illegally regulate private sector labor relations. In a complaint filed in Brooklyn …
Read More The Fidelis Partnership Launches MGA, Imala Re, Opening 1st US Office in Miami
Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced it has launched a new managing general agent, Imala Re. TFP also announced it will be opening a Miami office on Oct. …
Read More Storm Ragasa Nears Vietnam After Soaking Southern China
Tropical Storm Ragasa is moving toward northern Vietnam, threatening to drench the capital of Hanoi with heavy rain, after weakening overnight as the system tracked across southern China. The storm was near Beihai, packing maximum sustained winds of 75 kilometers …
Read More Collins Aerospace Working on Restoring Software for Airlines Hit by Cyberattack
RTX subsidiary Collins Aerospace is working on restoring its onsite passenger processing software for airlines after a cyber “intrusion” disrupted operations, the company said on Wednesday. Charlotte, North Carolina-based Collins Aerospace experienced a disruption on September 19 to its MUSE …
Read More Denmark Reels From Second Drone Attack in a Week Halting Flights
Denmark endured the second drone attack this week as authorities probe Russian involvement in an earlier incident. Large professional drones spotted at five regional airports in Denmark disrupted flights and sparked a major police operation. The airports are open now. …
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