INSURANCE NEWS
Exploding Pagers in Lebanon Spur Theories on Sabotage Method
From the moment pagers began exploding across Lebanon Tuesday, theories began to circulate on how devices considered outmoded in much of the world were turned into dangerous weapons that killed several people and wounded almost 3,000. As Lebanon accused Israel …
Firefighters Face Blazes Across Northern Portugal for Fourth Day
Firefighters are battling blazes in the region of Aveiro and other areas of northern Portugal for a fourth day after temperatures increased earlier this week. About 4,000 firefighters as well as 22 aircraft were facing active wildfires as of 9 …
Chevron CEO Attacks Biden LNG Export Pause on Costs, Carbon
The oil and gas industry is zeroing in on the Biden administration’s moratorium on new liquefied natural gas export permits as the key policy they want changed under the next US president. Chevron Corp. Chief Executive Officer Mike Wirth called …
Michigan Home Health Care Service Provider to Pay $65K Over Disability Suit
Alternate Solutions Health Network, LLC, and its affiliated entity Beaumont ASHN, LLC, (collectively ASHN), providers of home health care services, will pay $65,000 and furnish other relief to resolve a disability discrimination lawsuit filed by the U.S. Equal Opportunity Commission …
Inszone Acquires Oklahoma’s Catalyst Benefits Group
Inszone Insurance Services announced the acquisition of Catalyst Benefits Group, LLC, an employee benefits insurance brokerage firm based in Tulsa, Oklahoma. This strategic merger further enhances Inszone’s footprint and capabilities in the employee benefits sector. This acquisition allows CBG clients …
Japan’s Non-Life Insurers Must Cut Cross-Shareholdings to Zero, Industry Group Says
A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline to cut their strategic holdings of listed client shares to zero. The General Insurance Association of Japan published the guideline …
Historic Rainfall Inflicts Chaotic Floods Across Four Continents
Severe rains bucketed down on central Europe, Africa, Shanghai and the US Carolinas this week, underscoring the extreme ways in which climate change is altering the weather. Different meteorological phenomena are behind the series of storms, according to climate scientists, …
A Second Zantac Cancer Trial Ends With Hung Jury
The latest trial over claims that the discontinued heartburn drug Zantac causes cancer ended with a hung jury on Wednesday, as jurors in Chicago were unable to agree on whether Boehringer Ingelheim must pay damages to an Illinois man who …
Environmental Group Sues Tyson Foods for Alleged False Climate Claims
An environmental group is suing Tyson Foods for allegedly misleading consumers by saying it will reach net-zero emissions by 2050 and marketing climate-friendly beef without meaningful plans to achieve those goals. The suit was filed on Wednesday by the Washington-based …
‘Firehose’ Storm Hits North Carolina and Scientists See Climate Change
The Carolinas early this week braced for a storm that forecasters warned could bring heavy rain — as much as 6 to 8 inches in some spots. But one narrow band got a “firehose” that dumped as much as 20 …
All 4 Dead Aboard Plane After Crash Near Runway in Rural Alaska
A crash of a plane roughly a half-mile from a runway near the southwest Alaska community of St. Mary’s killed all four occupants on board the aircraft, authorities said. Alaska State Troopers said they received a report of an overdue …
Report Found System Issues Prior to Firefighting Foam Spill at Airport
A fire suppression system at a Brunswick Executive Airport hangar showed deficiencies about a year before it discharged gallons of firefighting foam containing harmful chemicals in Maine’s biggest accidental spill of the fire suppressant on record, according to a recently …