INSURANCE NEWS
Lines Persist at Some Airports After Trump Signs TSA Pay Memo
Several US airports advised travelers on Saturday to arrive at least four hours before their flights because of long security lines even after President Donald Trump said Transportation Security Administration workers would be paid by tapping funds from his 2025 …
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses
Average cyber insurance claim severity for large accounts in the U.S. nearly doubled in 2025, according to a new Chubb report. The insurer’s 2026 Cyber Claims Report found that average severity for businesses with $1 billion or more in revenue …
Sarasota Homeowners Say Breach in County Dike Caused Flooding in Hurricane Debby
More than 100 homeowners have charged in a lawsuit that officials in Sarasota County, Florida, failed to maintain a dike for years, allowing Hurricane Debby’s floodwaters to inundate homes throughout an upscale subdivision. “Engineering modeling analysis has confirmed that without …
Investigators Find Mississippi Gas Pipes Separated but Utility Discounted the Danger
Separate natural gas explosions in January 2024 that destroyed two homes in Jackson, Mississippi resulted from underground pipes pulling loose from their fittings as spongy clay soil expanded and contracted with rainfall, according to a federal report released Thursday. The …
Baseball Player Sues His Parents, Alleging They Are Misusing His Money
Philadelphia Phillies third baseman Alec Bohm has sued his parents for millions of dollars, accusing them of siphoning large amounts of his money into financial accounts they managed for him and then using some of the cash to pay their …
Ohio Contractor Sentenced to 17 Years in Prison on Fraud Charges
A pole barn contractor who defrauded consumers of more than $400,000 has been sentenced to at least 17 years in prison after being convicted of 47 felony counts, Ohio Attorney General Dave Yost announced this week.. This month, Marion resident …
Amid Drought, Corpus Christi Seeks Water From Privately Owned Plant
Six months after scrapping their own seawater desalination plant project, Corpus Christi City Council voted Tuesday to consider an agreement with a private company to purchase water from its desalination plant to help stave off an impending water emergency. The …
People Moves: Marsh Risk Names Zafiriadis to Lead New Service Delivery Practice
Marsh names Zafiriadis Leader of new Service Delivery Practice, US and Canada, Marsh Risk Marsh, headquartered in New York City, appointed Katrina Zafiriadis as leader of its newly established service delivery practice (SDP), U.S. and Canada, Marsh Risk. Based in …
Medical Journal Lancet Retracts 49-Year-Old Baby Powder Paper Over J&J Breach
The Lancet, one of the world’s leading medical journals, retracted a nearly five-decade-old paper extolling the safety of talc, the main ingredient in Johnson & Johnson’s iconic baby powder that fueled tens of thousands of lawsuits against the company after …
Lawsuit Alleges Microbetting Product by DraftKings, FanDuel, NFL Leads to Addiction
Major online betting platforms and the National Football League (NFL) are facing a product liability lawsuit in Pennsylvania alleging that their live in-game microbetting product is an “inherently dangerous product designed to maximize betting behavior that leads to addiction.” The …
Meta Funds Seven Gas Plants for Biggest Data Center
Meta Platforms Inc. is paying for the construction of seven new natural gas-fired plants to fuel its most power-hungry data center, increasing its reliance on fossil fuels amid a fast-moving artificial intelligence race. The company reached a new agreement with …
Georgia Employers Fined for Repeat Silica Exposure for Workers
The federal Occupational Safety and Health Administration has proposed fines for two Georgia employers for failing to address safety violations that had exposed workers to noise and silica dust, which can cause severe respiratory illness. After a follow-up inspection, OSHA …