INSURANCE NEWS
Texas Measles Outbreak Could Become National Epidemic: Public Health Experts
With its measles outbreak spreading to two additional states, Texas is on track to becoming the cause of a national epidemic if it doesn’t start vaccinating more people, according to public health experts. Measles, a highly contagious disease that was …
Top Fund Managers Ask Federal Court to Dismiss Climate-Related Antitrust Lawsuit
BlackRoc, Vanguard and State Street have asked a federal court in Texas to dismiss a state lawsuit accusing the top fund managers of conspiring through climate activism to discourage coal output, with the firms saying the allegations rest on “half-baked …
Markets/Coverages: SiriusPoint, Broker Holmes Murphy Offer Umbrella Excess for Captives
SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new strategic partnership with the independent insurance broker Holmes Murphy. SiriusPoint has partnered with Holmes Murphy, headquartered in Waukee, Iowa, and its wholly owned subsidiary and managing general agent Innovative …
FCC Chairman Threatens to Block M&A for Companies With DEI
The US Federal Communications Commission is prepared to block mergers and acquisition proposals from companies that promote “invidious” DEI policies, according to chairman Brendan Carr. The move could threaten billions of dollars worth of deals in the communications sector, with …
Transportation Chief to Unveil Plan to Upgrade Air Traffic Control
Transportation Secretary Sean Duffy will unveil a plan next week to upgrade the aging, under-staffed U.S. air traffic control system next week, he said on Friday. Duffy said earlier this month that he planned to ask Congress for tens of …
NC Supreme Court Says Family Can Sue Schools, Docs Over Unwanted COVID Shot
RALEIGH, N.C. (AP) — A North Carolina mother and son can sue a public school system and a doctors’ group on allegations they gave the boy a COVID-19 vaccine without consent, the state Supreme Court ruled on Friday, reversing a …
Georgia Lawmakers Approve $300M in Farm and Timber Tax Breaks After Helene
ATLANTA (AP) — Georgia lawmakers on Friday approved tax breaks for farmers and timber owners harmed by Hurricane Helene that could be worth nearly $300 million. House members voted unanimously to send the bill to Gov. Brian Kemp for his …
North Carolina Lawmakers OK Another $524M for Hurricane Helene Recovery
RALEIGH, N.C. (AP) — North Carolina lawmakers agreed Wednesday to spend another $524 million on still-pressing needs from Hurricane Helene’s historic flooding nearly six months ago, with an emphasis on home and private road repairs, agriculture and infrastructure to aid …
What the $660 Million Greenpeace Verdict Means for Activism
A North Dakota jury this week found Greenpeace liable for defamation, conspiracy and other claims over its participation in the Dakota Access pipeline protests that lasted from 2016 to 2017, awarding developer Energy Transfer LP $660 million in damages. Legal …
Maryland Could Have Reduced Risk of Key Bridge Collapse: NTSB
The National Transportation Safety Board (NTSB) is harshly criticizing Maryland officials for failing to conduct a risk assessment of the Francis Scott Key Bridge before it collapsed a year ago and is recommending that 30 owners of 68 bridges across …
NTSB: Deadly Crashes, Fire in Wyoming Tunnel Started With Pickup Losing Control
A series of chain-reaction crashes and a fire in a Wyoming highway tunnel that killed three people started when a pickup truck lost control and partially blocked traffic on the slick roadway, federal investigators said. It had snowed before the …
Heathrow Shutdown Raises Concerns Over Contingency Planning
The closure of Britain’s Heathrow Airport is set to affect the global aviation system for days at a cost of tens of millions of dollars, experts say, posing questions about why better contingency planning was not in place at the …