INSURANCE NEWS
Climate Campaigners Take EU to Court Over 2030 Emissions-Cutting Rules
Environmental campaigners have taken the European Commission to court over its emissions rules for 2030, seeking a ruling from Europe’s second-highest court that would force the bloc to strengthen its climate policy, they said on Tuesday. In a case before …
Lowe’s Scraps Some DEI Policies as Activist Claims a New Win
Lowe’s Cos. is scaling back its diversity, equity and inclusion programs, the latest American company to end such initiatives following a series of activists attacks on firms that promote DEI. The home-improvement retailer will no longer participate in surveys for …
UK Broker Clear Group Acquires R T Waters Ltd.
Clear Group, the London-based independent insurance broker, announced it has acquired the share capital of UK-based R T Waters Ltd. Financial details of the deal were not disclosed. This latest deal adds to Clear’s presence in South East England as …
Hone Weakens to Tropical Storm and Sweeps Past Hawaii, Dumping Enough Rain to Ease Wildfire Fears
Hone passed south of Hawaii and weakened from a hurricane to a tropical storm on Sunday, dumping so much rain that the National Weather Service called off its red flag warnings that strong winds could lead to wildfires on the …
Fanatics Refiles Suit Against Cardinals’ Marvin Harrison Jr., Adds Father and Fraud Allegations
Apparel manufacturer Fanatics has refiled its lawsuit against Arizona Cardinals rookie receiver Marvin Harrison Jr., adding his father, former NFL star Marvin Harrison Sr., and fraud allegations in addition to breach of contract. The lawsuit was originally filed in New …
Storm Warnings Issued Across Southern Europe – From Italy to Serbia
Thunderstorm alerts are in place for a swath of Europe from the south of France to the Balkans. There are orange warnings for Lombardy, Piedmont, Tuscany and Umbria in Italy, as the summer heat gives way to violent storms. Serbia …
Connecticut Offers $5 Million in Grants to Help Small Businesses With Flood Recovery
Connecticut Gov. Ned Lamont announced that the state is launching a $5 million micro-grant program to assist small businesses in the western portion of the state rebuild and recover from the record rainfall and flooding the state received last week. …
South Korea to Advance EV Battery Certification Scheme After Series of Fires
South Korea’s government and ruling party have agreed to move up an electric vehicle battery certification program, the party said on Sunday, as authorities seek to alleviate public safety concerns after a series of fires involving EVs. The government will …
Police Officer’s Family Sues Girlfriend Accused of His Death and Bars Who Served Her
Karen Read, whose recent high-profile trial for the death of a Boston police officer she was dating ended in a mistrial, is now facing a wrongful death suit brought by the late officer’s family that alleges she created a “false …
Aviation Regulators Press for Global Action to Reduce Injuries From Turbulence
Aviation officials from Asia are making a case for global action to reduce injuries from turbulence, with recent high-profile incidents driving calls to improve forecasting across borders at a Montreal gathering of regulators starting Monday. While turbulence does not frequently …
Telegram CEO Held Over Alleged Failure to Stop Crime on App
Pavel Durov, the chief executive officer of Telegram, has been detained in France over claims that the messaging service failed to properly fight crime on the app, including the spread of child sexual abuse material. The 39-year-old Russian-born billionaire was …
Uber Hit by Record $324 Million Fine for Data Transfers to US
Uber Technologies Inc. was hit by a record €290 million ($324 million) fine by the Dutch privacy watchdog for failing to abide by European protection standards when it shipped swathes of sensitive data about its drivers to the US. The …