INSURANCE NEWS
Telecom Outage Halted Arriving Flights at Newark Airport, FAA Says
A telecom frequency outage prompted the Federal Aviation Administration Thursday to halt arriving flights at Newark Liberty International Airport for more than an hour, the latest tech issue to snarl flights at the airport near New York City. Flightradar24, a …
People Moves: Carpenter Taps Aon’s Goodman for Newly Created Role of Chief Client & Growth Officer; Aon Promotes Anderson as Head of Professional Services
This edition of International People Moves details appointments at the brokers Guy Carpenter and Aon. A summary of these new hires follows here. Carpenter Taps Aon’s Goodman for Newly Created Role of Chief Client & Growth Officer Guy Carpenter, the …
Former Alfa Agent in Georgia Pleads Guilty to Misusing Premium Payments
A fomer Alfa insurance agent in Georgia pleaded guilty Wednesday to using more than $200,000 from one policyholder to cover other expenses, including the premium payments for other insureds. Jeremy Lasseter, of Warner Robins, Georgia, near Macon, was indicted in …
Peloton Must Face Shareholder Lawsuit Over Post-Pandemic Outlook
Peloton Interactive must face a lawsuit claiming it defrauded shareholders by masking excess inventory of its home exercise equipment as the worst of the COVID-19 pandemic passed, a divided federal appeals court ruled on Wednesday. Reversing a lower court ruling, …
Ford to Recall Hundreds of Thousands of Vehicles Over Instrument Panel, Leak Issues
Ford Motor Company is recalling more than 355,000 trucks in the U.S over a issue with the instrument panel display, the National Highway Traffic Safety Administration said on Aug. 27. The recall affects certain Ford 2025-2026 models – F-550 SD, …
Wildfire Burning in Central California Forest Area Is Latest Blaze of Concern
A fast-growing wildfire burning in central California’s Sierra National Forest in Fresno County in a remote area is the latest blaze of concern for firefighters. The Garnet Fire has burned more than 13,900 acres and is 0% contained, according to …
DeSantis Unleashes ‘Florida DOGE’ in Quest to Kill Property Taxes
Ron DeSantis is seeking to complete his project of remaking Florida into a conservative paradise with perhaps his riskiest wager yet: a campaign to largely wipe out property taxes. In his nearly seven years in office, the governor has ushered …
TransUnion Says 4.4 Million Consumers’ Data Compromised in Hack
Credit bureau TransUnion said Thursday that more than 4 million people’s data was exposed in a recent hack involving an unidentified third party. In a letter dated earlier this week and posted to the website of Maine’s attorney general, the …
Human Screwworm Case Poses No Risk to Agriculture, Says USDA Official
The human case of screwworm reported this week by U.S. health officials is the country’s only one so far this year and poses no risk to the farm sector, a U.S. Department of Agriculture official said on Tuesday. Screwworm, a …
Judge to Approve Syracuse Diocese’s $176M Bankruptcy Plan
The Catholic Diocese of Syracuse reports that the federal judge overseeing its bankruptcy proceedings has indicated she will approve the latest reorganization plan with a $176 million fund to pay sexual abuse claimants. The fund will include $100 million from …
Wife Sues Hospital Over Husband’s Death From Legionnaires’ Disease
The wife of a man who died from Legionnaires’ disease has filed a wrongful death and negligence suit against the Massachusetts hospital where he was a patient when he contracted the disease and the company responsible for the hospital’s water …
Hurricane Remnants Threaten Swiss Alps With Floods, Landslides
The remnants of Hurricane Erin will contribute to torrential rain across the Swiss Alps over the next two days, raising the risk of dangerous flooding and landslides. Switzerland’s state forecaster has issued the highest red alerts for parts of Ticino …