INSURANCE NEWS
California Church Paying $1.2M over Broken COVID Rules
A California church that defied safety regulations during the COVID-19 pandemic by holding large, unmasked religious services must pay $1.2 million in fines, a judge has ruled. Calvary Chapel in San Jose was fined last week for ignoring Santa Clara …
Drought Dwindles to Less Than 9% of California
Only remnants of California’s three-year drought remain after winter’s epic storms. The U.S. Drought Monitor reported last week that areas of drought cover less than 9% of the state, down from more than 99% at the Oct. 1 start of …
Fox-Dominion Defamation Trial Delayed, to Continue Tuesday
Dominion Voting Systems’ $1.6 billion defamation trial against Fox Corp FOXA.O and Fox News will proceed with jury selection starting on Tuesday, a judge announced on Monday. Judge Eric Davis did not provide a reason for the delay. Dominion is …
Why Downpour in South Florida Just Wouldn’t Stop, Portending Future Floods
In some ways, it was the Florida Man of storms – not quite knowing when to say when. Usually, thunderstorms fizzle out after they run out of rain or get cold air sucked in. But not Wednesday, when the storm …
Two Tornadoes Confirmed in Georgia Towns
The National Weather Service confirmed two weak tornadoes touched down last week in middle Georgia. No one was reported injured in either storm. A tornado with top winds of 90 mph touched down on the southeast edge of Cordele. The …
Mississippi City Faces Tough Road Rebuilding After Tornado
The scent of the Mississippi Delta’s soil took hold of Charlie Weissinger’s psyche at an early age, and he has chased it ever since. Weissinger, 37, works at a bank to support his farming addiction in Rolling Fork, where his …
MGA Rokstone Launches Credit and Surety Treaty Division
Rokstone, the London-based speciality re/insurance MGA, part of the Aventum Group, has launched a Credit & Surety Treaty division. Rokstone has appointed Luis Antonio Ibáñez as the portfolio manager to lead the division, based in Madrid. The division has secured …
Western Australia Assesses Damage From Cyclone Ilsa’s ‘Path of Destruction’
Emergency authorities in Western Australia were assessing damage on Saturday from a tropical cyclone that hit the state’s northwest, sparing heavily populated areas but affecting several remote communities. Ilsa, downgraded to a severe weather system, made landfall in the sparsely …
G-7 Ministers Set Big New Targets for Solar Power and Offshore Wind Capacity
SAPPORO, Japan — The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels. But …
Scandal at CBI Plunges UK Business Lobby Into Existential Crisis
When Rishi Sunak stepped up to the podium at the Vox venue in Birmingham in November, he had one mission: to convince business leaders to stay loyal after his predecessor unleashed economic mayhem. The UK prime minister was addressing the …
Lyft Investors Call for More Safety Protections for Drivers
A group of Lyft Inc. shareholders is calling on the company to establish stronger safety protections for drivers, change its shareholder voting structure and subject directors to annual elections. SOC Investment Group — which represents pension funds that hold shares …
People Moves: Verisk Promotes Barr, Brunko to Lead Claims Businesses; SRS Appoints Sulisz President
Verisk Promotes Barr and Brunko to Lead Claims Businesses Verisk has made leadership promotions in its claims solution group. Carrie Barr has been named president of casualty solutions. Barr joined Jersey City, New Jersey-based Verisk as an account executive in …