INSURANCE NEWS
Brazilian Prosecutors Seek to Ban Popular Herbicide Atrazine
Brazilian labor prosecutors have requested a court order to ban the use of atrazine, which is present in 5% of pesticides sold in the country, the prosecutors said on Thursday. National health regulator Anvisa, which would be forced to cancel …
2023 on Track to Become Hottest Year on Record: EU Climate Service
This year is on track to become the hottest since at least 1940, the European Union’s Copernicus Climate Change Service said on Thursday. Scientists have said climate change, combined with this year’s El Nino weather pattern that warms surface waters …
Hong Kong to Issue Higher Storm Warning as Typhoon Koinu Nears
Hong Kong said it will elevate its storm warning as Typhoon Koinu approaches bringing potentially heavy rain and strong winds to the finance hub. The city’s observatory will issue its second-lowest storm No. 3 signal at 5:40 p.m. on Friday. …
Germany to Send Air Defenses for Kyiv to Guard Grain Routes
Germany plans to supply additional air defenses for Ukraine to help protect grain shipments from potential Russian attacks, according to people familiar with the matter. Berlin will send one extra IRIS-T air defense system and more than a dozen Gepard …
From Ukraine to Taiwan, Satellite Firms Wrangle With Geopolitics in Space
If China attempts to cut Taiwan off from the world by severing more than a dozen undersea cables that connect it to the internet, large numbers of fast-moving low Earth orbit satellites will be critical to maintaining communications. In June, …
People Moves: Marsh Promotes Pellegrini to US, Canada Specialty Lead; CRC Group Announces Executive Leadership Appointments
Pellegrini Appointed Marsh Specialty Leader for US and Canada Broker Marsh said it promoted Michael Pellegrini to head of Marsh Specialty in the US and Canada. Effective immediately, Pellegrini will oversee Marsh’s aviation, construction, credit specialties, energy & power, financial …
WCRI: 6% of COVID Claimants Treated for Long COVID
A national study by the Workers’ Compensation Research Institute found that 6% of workers who filed claims for COVID-19 suffered long COVID, meaning they sought additional treatment more than a month after the initial infection. WCRI’s estimate is the lowest …
US Regulators Push for Recall of 52 Million Air Bag Inflators
U.S. National Highway Traffic Safety Administration (NHTSA) officials on Oct. 5 told a public hearing that the government should require the recall of 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive because they may …
Another Test Case for the Supreme Court: Who Can Sue Hotels Over Disability Access
A few years back, Joseph Stramondo was a last-minute replacement as a conference speaker in Salt Lake City. He went online and made a reservation for a room accessible for people with disabilities. “I figured, ‘OK, I should be set,'” …
Are Florida Workers’ Comp Rates Getting Too Low? Roofers, Insurer Urge Freeze
Workers’ compensation rates have shrunk to such a low level in Florida, at least for some classifications, that they are causing problems and could be masking issues that will lead to higher premiums in coming years, Florida roofing contractors said …
People Moves: Ramos Joins Alliant as Tribal First Team SVP
Eric Ramos has joined Alliant Insurance Services, headquartered in Irvine, Calif., as senior vice president with Tribal First, a division of Alliant underwriting solutions. Tribal First is a specialized program focused on meeting the insurance and risk management needs of …
Climate Change Can Cause U.S. Households ‘Significant Financial Strain’
Households can experience significant financial strain through pressures to income and expenses due to climate hazards, a report from the U.S. Department of Treasury shows. The report, The Impact of Climate Change on American Household Finances, adds to the department’s …