INSURANCE NEWS
1 Killed, 6 Injured in Shooting at Chick-Fil-A in New Jersey
A shooting at a Chick-Fil-A restaurant in Union Township, New Jersey last evening took one life and injured six others. According to the Union County Prosecutor’s Office (UCPO), the shooting happened at approximately 9 pm on the Chick-Fil-A on Route …
Miami’s Mandarin Demolished to Make Way for Luxury Towers
In a young city like Miami, a quarter century can seem like a long time. For the Mandarin Oriental hotel, it was long enough to generate nostalgic laments and a farewell bash. The waterfront hotel, which opened in 2000, was …
Iran Threatens to Retaliate Against Gulf Ports for US Blockade
The U.S. military said it will begin a blockade of ships leaving Iran’s ports on Monday, and Tehran threatened to retaliate against ports of its Gulf neighbors, after weekend talks failed to reach a deal to end the war, leaving …
Bank of England Set to Discuss Anthropic’s Mythos With Banks
The Bank of England plans to discuss the impact of Anthropic PBC’s new AI model with financial institutions, as UK regulators join their peers in the US and elsewhere in raising alarms over the risks posed by the tool. Anthropic’s …
Oil Tankers Steer Clear of Hormuz Ahead of US Blockade
Oil tankers are steering clear of the Strait of Hormuz ahead of a U.S. blockade later on Monday following failed peace talks between the U.S. and Iran over the weekend, shipping data showed. President Donald Trump said on Sunday the …
Trump Blockade of Iran Ports Risks Widening War to High Seas
US President Donald Trump’s threat to blockade the Strait of Hormuz after talks with Iran collapsed over the weekend risks widening a war now entering its seventh week, lifting oil prices and raising the prospect of further economic pain around …
Trump Approves Disaster Requests for at Least 7 States; Others Wait
The Trump administration approved major disaster declaration requests for at least seven states this week, according to information released Saturday by the Federal Emergency Management Agency, allowing affected communities to access federal support. About 15 requests for assistance from others …
OpenAI Identifies Security Issue Involving Third-Party Tool Axios
OpenAI said on April 10 it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that certifies its macOS applications are legitimate OpenAI apps. The ChatGPT maker said it …
Worsening Ocean Heat Waves Are ‘Supercharging’ Hurricane Damage, Study Finds
Marine heat waves are supercharging damage caused by hurricanes and tropical cyclones across the globe, a new study found. Researchers looked at 1,600 tropical cyclones — the broader category of storms that includes hurricanes — that made landfall since 1981 …
Causey Says Recommended Lindberg Restitution ‘Not Enough’ for Harm Caused
The more than $1 billion that a special master has recommended that imprisoned insurance mogul Greg Lindberg pay in restitution may seem like a huge amount of money. But it falls well short of covering the wreckage left behind by …
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments
RAINELLE, W.Va. (AP) — Every month, Rebecca Michalski takes a deep breath before opening her electric bill. She lives on a fixed income, and heating her small house this winter has been staggering: Her February charge was $940.08 — more …
Iowa AG Sues Meta Over Alleged Deceptive Practices on Instagram
Iowa Attorney General Brenna Bird announced she has filed a lawsuit against Meta and several of its subsidiaries, including Instagram and Facebook, for breaking Iowa’s consumer protection laws. The Attorney General’s Office alleges Instagram represents itself as being safe for …