INSURANCE NEWS
Coast Guard and First Responders Battle Fire on Scrap Metal Barge in Delaware Bay
Multiple government agencies and the U.S. Coast Guard have been responding to a barge fire in the Delaware Bay since 8:20 a..m. yesterday. The barge is carrying salvage metal and has been moved to shallow water where it can be …
CRC Group CEO on Casualty: ‘It’s More About the Coverage’
Data, said CRC Group CEO Dave Obenauer, is a more critical part of insurance than ever, with artificial intelligence leading to greater client coverage outcomes. Speaking recently at Zywave’s Casualty Insights Conference in New York, Obenauer said the casualty market …
Fund Trying to Turn New Mexico Desert into an Advanced Tech Hub
If all goes according to plan for the nation’s second-largest sovereign wealth fund, a barren stretch of desert in Albuquerque’s plains will soon become a research center where scientists replicate nuclear fusion — the process that powers the sun and …
Alabama Dentist Sentenced After Blowing Up His Office to Gain Insurance Payout
Almost one year ago, an Alabama dentist was captured on surveillance video setting fire to his dental office in Evergreen, triggering an explosion that destroyed the building and slightly injured the dentist. Last week, Dr. Douglas P. O’Connor was sentenced …
Virginia Boater Files Class Action Against DC Utility for Potomac River Sewage Spill
A Virginia boater is suing a Washington water utility for negligence in the collapse of a pipe that leaked millions of gallons of raw sewage into the Potomac River. The class action lawsuit filed Friday in U.S. District Court in …
Recreational Marijuana Effort Fizzles After Florida High Court Declines to Review
A move to allow Florida voters to decide if recreational marijuana should be legal in the state won’t be appearing on ballots anytime soon. The Florida Supreme Court this week declined to hear a petition from Smart & Safe Florida. …
Florida Bills Would Open Door to More Housing in the Everglades, Brownfields
Florida lawmakers who say they want to encourage construction of more affordable housing are trying to strip away powers Miami has used for decades to keep developments, strip malls and warehouses out of the Everglades. A land-use bill, HB 399, …
Three Ships Hit by Projectiles in Middle East, UK Navy Says
The UK Navy said three vessels were hit with suspected projectiles in the Strait of Hormuz and Persian Gulf on Wednesday, as the conflict in the region continues to menace shipping. The targets, none of which were identified, include a …
Sony Fighting $2.7 Billion UK Lawsuit Over PlayStation Store Prices
Sony is fighting a London lawsuit worth almost 2 billion pounds ($2.7 billion) that alleges the PlayStation maker’s “monopoly position” inflated prices for digital games, in the latest mass consumer case to go to trial in Britain. The Japanese conglomerate …
Bahrain Takes Aircraft Out of Country as Iran Threat Persists
Bahrain repositioned aircraft for its national carrier Gulf Air and several cargo companies out of the country as the Gulf nation continues to face threats from Iranian missile and drone attacks. Some 17 aircraft were taken out of the country, …
Texas Hemp Businesses Fear an Uptick in Police Raids
Dallas attorney Chelsie Spencer specializes in making sure Texas businesses that sell hemp-derived THC products know how to stay in compliance with state and federal rules and regulations, an area that can be very confusing. She offers them a monthly …
Bayer Takes Its Multi-Front Battle on Pesticide Liability to Kansas
Kansas lawmakers were set to take up a bill on Tuesday backed by Bayer BAYGn.DE that would prevent people from suing pesticide manufacturers for not warning them that their products could cause cancer or other illnesses, as the German company …