INSURANCE NEWS
Russia Turns to ‘Shadow Fleet’ to Move Grain, as Its Shipping Challenges Grow
Russia’s lack of ships and Western grain traders’ shrinking appetite for business with Moscow are adding to rising costs of moving Russian wheat, at a time when the war in Ukraine has spilled perilously close to vital Black Sea supply …
Attacks at Medical Centers Show Why Health Care Is One of the Most Violent Fields
Word spread through an Oregon hospital last month that a visitor was causing trouble in the maternity ward, and nurses were warned the man might try to abduct his partner`s newborn. Hours later, the visitor opened fire, killing a security …
Four New Offshore Wind Power Projects Planned for New Jersey Shore
Wind power developers proposed four new projects off the New Jersey Shore on Friday, a surge that would more than double the number of wind farms built off its coast if they are approved by regulators. At least two of …
Blood is Not Excluded Pollutant, Florida High Court Says by Declining to Hear Case
The Florida Supreme Court this week declined to hear an appeal from Florida Farm Bureau General Insurance. The move essentially upholds a lower court that cut down the insurer’s argument that a burglar’s blood and fecal matter are not covered …
Connecticut, Other States’ Lawmakers Have a Lot of Questions About AI
As state lawmakers rush to get a handle on fast-evolving artificial intelligence technology, they`re often focusing first on their own state governments before imposing restrictions on the private sector. Legislators are seeking ways to protect constituents from discrimination and other …
Glacial Dam Outburst in Alaska Eroded Riverbanks, Destroyed at Least 2 Buildings
Raging waters that ate away at riverbanks, destroyed at least two buildings and damaged others had receded Monday in Alaska`s capital city after an outburst of weekend flooding from a glacial lake, authorities said. Levels along the Mendenhall River had …
2 Southern California Firefighters and Pilot Were Killed in Helicopter Collision
Three people were killed after two firefighting helicopters collided in Southern California while fighting a blaze in Riverside County, emergency officials said. One of the helicopters landed safely. ” Unfortunately, the second helicopter crashed and tragically all three members perished …
Worker Injured as Explosion at Texas Paint Plant Sends Fireballs into Sky
GARLAND, Texas (AP) – A worker was injured early Monday when an explosion set a paint manufacturing plant in the Dallas suburbs ablaze and shot a series of fireballs into the night sky. A company spokesperson said the blast at …
Consumer Specialists Available to Assist Tornado-Impacted Residents in Knox County, Missouri
The Missouri Department of Commerce and Insurance (DCI) said that consumer specialists will be on-site at the Multi-Agency Resource Center in Knox County, Missouri, to answer insurance questions and assist residents impacted by tornadoes and severe storms on August 4. …
Illinois to Soon Outlaw Advertising for Firearms Allegedly Marketed to Kids and Militants
PRINGFIELD, Ill. (AP) – Illinois will soon outlaw advertising for firearms that officials determine produces a public safety threat or appeals to children, militants or others who might later use the weapons illegally, as the state continues its quest to …
Texas Legislature Takes Aim at the Use of ESG-Related Factors by Insurance Companies
Insurance companies are increasingly incorporating environmental, social and governance (ESG) factors into their underwriting processes when they examine risk. However, despite the increasing adoption of ESG-related factors by insurers, political polarization and divergent political stances on the utility of ESG …
Google Fails to End $5B Consumer Privacy Lawsuit
A U.S. judge rejected Google’s bid to dismiss a lawsuit claiming it invaded the privacy of millions of people by secretly tracking their internet use. U.S. District Judge Yvonne Gonzalez Rogers on Monday said she could not find that users …