INSURANCE NEWS
Two Planes Collide Midair at Colorado Airport, Killing 1 And Injuring 3
One person was killed and three were injured when two small planes collided midair as they tried to land at an airport in northeastern Colorado, authorities said. A Cessna 172 and an Extra Flugzeugbau EA300 collided Sunday morning while trying …
Neptune Insurance Files for IPO. Executive Compensation Not Remarkable This Time
St. Petersburg, Florida-based Neptune Insurance Holdings filed for a U.S. initial public offering on Wednesday, becoming the latest company to tap into renewed investor demand as easing tariff concerns and strong markets spur more firms to test the waters. With …
Judge Allows 9/11 Civil Claims Against Saudi Arabia to Proceed
A federal judge in New York rejected Saudi Arabia’s latest effort to dismiss civil claims that it supported the 9/11 hijackers. Judge George B. Daniels said in a written opinion last Thursday that his decision pertained to jurisdiction rather than …
Success of AI Music Creators Sparks Debate on Future of Music Industry
When pop groups and rock bands practice or perform, they rely on their guitars, keyboards and drumsticks to make music. Oliver McCann, a British AI music creator who goes by the stage name imoliver, fires up his chatbot. McCann’s songs …
Wildfire Burns Through Historic California Gold Mining Town, Destroying Multiple Homes
A quick-moving wildfire burned homes in a California Gold Rush town settled around 1850 by Chinese miners, forcing evacuations and destroying properties. The fire rapidly expanded to 6,473 acres, forcing the evacuation Tuesday of the Chinese Camp Town and surrounding …
Google Keeps Chrome and Apple Deal but Must Share Data in Big Antitrust Ruling
Google won’t have to sell its Chrome browser, a judge in Washington said on Tuesday, handing a rare win to Big Tech in its battle with U.S. antitrust enforcers, but ordering Google to share data with rivals to open up …
Disney to Pay $10M to Settle Claim of Allowing Unlawful Collection of Children’s Data
Walt Disney will pay $10 million to settle U.S. Federal Trade Commission allegations that the company unlawfully allowed personal data to be collected from children who viewed kid-directed videos on YouTube without notifying parents or obtaining their consent, the FTC …
Fitch Revises Global Reinsurance Sector Outlook to ‘Deteriorating’ on Rising Competition
Fitch Ratings has revised its outlook for the global reinsurance sector to “deteriorating” for 2026 from “neutral” for 2025, reflecting its expectation that underlying operational and business conditions are likely to worsen, “although they will remain overall favorable for reinsurers …
Man Pleads Guilty to Conspiring in Illinois Underground Mine Fire Fraud
A Kentucky man entered a guilty plea to conspiring to defraud the U.S. Mine Safety and Health Administration (MSHA) in relation to an underground fire that occurred in the MC#1 Mine in Franklin County, Illinois, in August 2021. According to …
Texas Program Aims to Reduce Car Crashes and Fatalities in Permian Basin
Workers at the Texas Department of Transportation have begun responding to calls to remove debris and abandoned vehicles from West Texas roads and extinguish vehicle fires. They also change flat tires and jumpstart car batteries. The program, launched in Midland …
Multi-Vehicle Crash in East Texas Injures 17
A multi-vehicle crash Saturday on an East Texas interstate sent 17 injured people to area hospitals and shut down a major interstate for hours. None of the injuries appeared to be life threatening after the crash along Interstate 20 involving …
Missouri Auto Dealership to Pay $275K in Sex Discrimination Case
Landmark Dodge, Inc., and Landmark South, Inc. (Landmark Dodge), the owners of automobile dealerships in Independence, Missouri and formerly in Belton, Missouri, will pay $275,000 and furnish other relief to settle a U.S. Equal Employment Opportunity Commission (EEOC) lawsuit, the …