INSURANCE NEWS
Norway’s Most Powerful Storm in Over 30 Years Rips Roofs Off Houses, Cuts Power
Norway’s most powerful storm in more than three decades ripped off roofs, heightened avalanche risks, canceled flights and cut power as it raged in parts of the Scandinavian country Thursday. Hurricane-force winds brought gusts of up to 180 kilometers (112 …
Crash Tests Indicate Nation’s Guardrail System Can’t Handle Heavy Electric Vehicles
Electric vehicles that typically weigh more than gasoline-powered cars can easily crash through steel highway guardrails that are not designed to withstand the extra force, raising concerns about the nation’s roadside safety system, according to crash test data released Wednesday …
Small Plane Crashes into Mobile Home Park Near Tampa, Killing 3
A small plane crashed into a Clearwater, Florida, mobile home park Thursday night, killing the pilot and two people on the ground, the Federal Aviation Administration and local news outlets reported. The pilot of the single-engine Beechcraft reported engine failure …
Arkansas Insurance Hall of Fame Opens Nominations for Class of 2024
The Arkansas Insurance Hall of Fame (AIHF) has opened nominations for its Class of 2024 inductees. Nominations opened February 1 and will remain open through April 15, 2024. Nominations may be submitted online at www.arinsurancehof.org. The chosen inductees will be …
French Farmers Head Home but Anger Spreads Elsewhere in Europe
Protesting farmers demanding just prices and less red tape blocked the border between Belgium and the Netherlands on Friday, whilst their peers in France started lifting blockades countrywide after the government made further concessions. Farmers’ protests have erupted in numerous …
Online News Site in Florida Shuts Down After Less Than a Year
WEST PALM BEACH, Fla. (AP) — The Messenger, an ambitious online news site that billed itself as a nonpartisan digital outlet and spent some $50 million ratcheting up its business effort, abruptly shut down Wednesday after only eight months in …
WV Construction Firm to Buy Bankrupt College Campus
CLARKSBURG, W.Va. (AP) — A federal bankruptcy judge on Wednesday approved the sale of a defunct private university’s campus to the owner of a West Virginia construction firm for $5 million. Craig G. Phillips, owner of CGP Construction of Elkins, …
Maine Approved for Federal Disaster Aid for December Storm Damage
President Joe Biden has issued a federal disaster declaration for extensive damage caused by a massive wind and rainstorm in Maine in December, the first of three storms to pummel the state, Democratic Gov. Janet Mills announced Wednesday. The president’s …
2 Pennsylvania Homeowners Urged to Evacuate Due to Landslide
Authorities have urged two western Pennsylvania homeowners to evacuate their residences due to a nearby landslide. The slide in the Sonoma Ridge development in Allegheny County’s Moon Township closed part of a road two weeks ago, and since then another …
France Now Backing EU AI Rules Ahead of Bloc Endorsement
France is now backing landmark European Union rules governing artificial intelligence subject to strict conditions, an EU diplomatic source said on Friday, after sources had previously said it was the last holdout in the bloc to support the plan. Such …
Appeals Court Overturns $366M FedEx Race Bias Verdict
A federal appeals court on Thursday threw out a $366.2 million verdict against FedEx in a case brought by a Black sales manager who said the package delivery company fired her in retaliation for accusing her supervisor of race discrimination. …
Cargo Thefts Up 59%, Misdirection Top Threat: CargoNet
There were 692 reported thefts of cargo across the United States and Canada in the third quarter of 2023, a 59% increase when compared to the third quarter of 2022, according to CargoNet. Similar to the second quarter of 2023, …