INSURANCE NEWS

New Layer of Federal Oversight for Climate Disclosures Not Needed: Triple-I

Creating a new layer of federal oversight would neither enhance nor standardize the climate-related disclosures U.S. insurers make to investors, the Insurance Information Institute (Triple-I) said in a letter sent today to the U.S. Securities and Exchange Commission (SEC). Triple-I’s …
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Texas Division of Workers’ Comp Sets Discount Interest Rate

The Texas Department of Insurance, Division of Workers’ Compensation has determined that any interest or discount provided for in the Texas Labor Code shall be at the rate of 6.38%. The rate is effective July 1, 2022, through September 30, …
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Missouri Fire Chief: Fireworks Components Might Have Caused Deadly Blast

A house explosion near St. Louis early June 17 that killed a teenager and critically injured several other people might have been caused by explosives used to make fireworks, authorities said. The explosion at around 1:20 a.m. destroyed a home …
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