INSURANCE NEWS
Baldwin Charge in New Mexico Movie Set Shooting Dismissed
Prosecutors have formally dismissed an involuntary manslaughter charge against Alec Baldwin in the fatal 2021 shooting of a cinematographer on the set of the Western film “Rust,” citing new evidence and the need for more time to investigate. In a …
As Governor Seeks Disaster Dec, Fort Lauderdale Needs New City Hall After Flood
Florida Gov. Ron DeSantis asked the Biden administration on Saturday to declare Broward County a disaster area due to flooding earlier this month after record rainfall. The flooding, from record rainfall, was so great that it will likely force Fort …
Fuel Truck Fatal Crash Sparks Fire on Major Connecticut Highway Bridge
A crash involving a fuel truck and a car sparked a fire on a major Connecticut highway bridge Friday, with flames spreading to land on one side and officials closing Interstate 95 in both directions during the blaze. Officials said …
Florida Family Files Suit, Says Body of Man Who Died on Cruise Was Kept in Cooler
A widow and her family are suing Celebrity Cruises for allegedly mishandling her husband’s body after he died while they were on a ship last year, saying it was left to decompose and they suffered extreme emotional trauma. After Marilyn …
Maine Unhappy With Railroad’s ‘Good Faith’ Cleanup of Train Derailment Site
SANDWICH ACADEMY GRANT TOWNSHIP, Maine (AP) – The Maine Department of Environmental Protection is taking Canadian Pacific Kansas City to task over the cleanup following a freight train derailment and fire. Commissioner Melanie Loyzim sent a letter Thursday telling the …
Russia’s Medvedev Says G-7 Export Ban Could Trigger Black Sea Grain Deal Exit
Moscow may retaliate if Group of Seven countries proceed with a total ban on most exports to Russia by withdrawing from the safe-transit deal that allows Ukraine to ship grains from Black Sea ports, said Dmitry Medvedev, deputy chair of …
Howden Raises More Than £1B for Investments; Blanc Named Head of M&A
Howden Group Holdings announced it has successfully raised more than £875 million ($1.1 billion) across both debt and equity, with total cash and facilities available for investment in M&A, new initiatives and talent in excess of £1 billion ($1.2 billion). …
EU Regulators Set Out Ideas to Help Plug Climate ‘Insurance Gap’
Issuing “catastrophe bonds” and setting up public-private partnerships could help plug the “insurance gap” to better cover damage from climate change, a discussion paper from the European Central Bank and European Union insurance regulators said on Monday. Only a quarter …
Generali Seeks Buyers for Tua Assicurazioni Unit
Assicurazioni Generali SpA is looking to sell Tua Assicurazioni, a unit inherited from its purchase of a smaller Italian rival, people with knowledge of the matter said. The insurer has hired advisers to sell the non-life company, which is valued …
Thefts Prompt 17 States to Urge Recall of Kia, Hyundai Cars
Attorneys general in 17 states on Thursday urged the federal government to recall millions of Kia and Hyundai cars because they are too easy to steal, a response to a sharp increase in thefts fueled by a viral social media …
Altria Faces First Trial Over Claims it Helped Market Juul to Teens
Tobacco giant Altria Group Inc is set to face trial Monday in a lawsuit by San Francisco’s public school district accusing the company of fueling a teen vaping epidemic, along with e-cigarette maker Juul Labs Inc. The San Francisco Unified …
Tesla Cleared by Jury in Autopilot Crash Suit in Los Angeles
Tesla Inc. was found by a Los Angeles jury not to be at fault following a trial over a driver’s claim that the Autopilot feature in her Model S caused her to veer into the center median of a city …