INSURANCE NEWS
Supreme Court Rejects ‘Pharma Bro’ Shkreli’s Appeal of $64.6 Million Penalty
The U.S. Supreme Court declined on Monday to hear former pharmaceutical company CEO Martin Shkreli’s challenge to a $64.6 million financial penalty imposed by a judge after he raised a lifesaving drug’s price by more than 4,000%. The justices turned …
Inside the Caroline Mountain Town that Helene Nearly Wiped Off the Map
CHIMNEY ROCK VILLAGE, N.C. (AP) — The stone tower that gave this place its name was nearly a half billion years in the making — heated and thrust upward from deep in the Earth, then carved and eroded by wind …
Fourth Storm in 14 Months Takes Aim at West Florida. Citizens Most Exposed
Another day, another hurricane. That may be the thought in the minds of thousands of Floridians as Hurricane Milton makes its way toward the west coast of Florida – the fourth hurricane in 14 months to target the low-lying shoreline …
Italian Prosecutors Accuse 7 People, 2 Firms Over Flawed Boeing Plane Parts
Italian prosecutors on Saturday accused seven people and two sub-contractors of crimes including fraud and breaching airplane safety rules following an investigation into suspected flawed parts produced by an Italian company for Boeing. The prosecutors launched their investigation in late …
California Vineyard Owner Fined $120K for Giving Free Housing to Employee Files Suit
A California vineyard owner is suing Santa Clara County after officials fined him for allowing his longtime employee to live in an RV on his property for years. Michael Ballard, whose family owns Savannah-Chanelle Vineyards in a town south of …
Mpox Spreads to Ghana as Cases Surge in Megacity Kinshasa
The Africa Centres for Disease Control and Prevention said mpox is spreading rapidly in the Democratic Republic of Congo’s capital Kinshasa, a city of 17 million people, and a case in Ghana brings to 16 the number of countries on …
Karen Read Seeks Delay in Wrongful Death Civil Lawsuit Until Murder Trial Is Done
Karen Read is seeking to delay a wrongful death lawsuit filed by the family of her Boston police officer boyfriend until her criminal trial in connection with his death is done. The lawsuit filed last month blames the death of …
Nation’s Flood Insurance Program Is Making More Repeat Payouts
When Hurricane Helene barreled ashore last week, it caused devastating flooding across the southeastern U.S., including in the Shore Acres area of St. Petersburg, Florida. The neighborhood saw 6 feet of storm surge, which flooded roads and homes. It was …
NFL Says Preseason Saw Fewest Concussions Since Tracking Started
The NFL saw its fewest number of concussions in the preseason since tracking started in 2015. There were 44 concussions in practices and games, a decrease of about 24% from last year. “The reason for that change has certainly to …
River Level at Amazon Rainforest Port Hits 122-Year Low Amid Drought
The river port in the Amazon rainforest’s largest city of Manaus on Friday hit its lowest level since 1902, as a drought drains waterways and snarls transport of grain exports and essential supplies that are the region’s lifeline. Below-average rainfall …
Hurricane Kirk’s Remnants Forecast to Hit Europe Later This Week
The remnants of Hurricane Kirk are forecast to hit northwest France on Wednesday, bringing heavy rain and gale-force winds. Hurricane Kirk peaked at Category 4 storm over the Atlantic last week, but is weakening as it heads toward Europe. Still, …
Employee at Louisiana Fertilizer Plant Dies in Accident
DONALDSONVILLE, La. (AP) — An employee at a fertilizer plant in Louisiana died after getting injured in an accident at the facility, officials said Friday. CF Industries said the incident happened at about 1:45 p.m. Wednesday at its nitrogen fertilizer …