INSURANCE NEWS
Boeing Completes Deal to Plead Guilty Over 737 Max Crashes
Boeing Co. has completed an agreement with the US government to plead guilty to criminal conspiracy in connection with two fatal crashes of its 737 Max jetliner, setting the stage for a possible courtroom confrontation with relatives of those who …
Freight Train Runs Off Tracks, Smashes Into Residential Garage in Niagara Falls
NIAGARA FALLS, N.Y. (AP) — A freight locomotive ran off the end of its track and smashed into the side of a garage Monday at a home in the city of Niagara Falls. No one was injured, but the impact …
Florida Coach and Co-Defendants Ask Court to Drop Jaden Rashada NIL Lawsuit
GAINESVILLE, Fla. (AP) — Florida coach Billy Napier and two co-defendants on Tuesday filed motions to dismiss quarterback Jaden Rashada’s lawsuit regarding a failed name, image and likeness deal worth nearly $14 million. Napier, Florida booster/automotive technology businessman Hugh Hathcock …
King Insurance Adds Barnette Agency in NC, Gilbert Named President
Gainesville, Florida-based King Insurance Partners has acquired Barnette and Coates Inc., an agency in Henderson, North Carolina. Principal Jimmy Barnette said in a news release that the move will allow the agency to expand its access to resources and expertise. …
Video: Whale Surfaces, Capsizes Fishing Boat Off New Hampshire Coast
Two fishermen are safe after a whale crashed onto their boat, capsizing it off the New Hampshire shore, according to the U.S. Coast Guard. The incident occurred Tuesday near Odiorne Point State Park in Rye. The two men, who were …
Insured Losses From CrowdStrike Outage Could Reach $1.5B, CyberCube Says
Global insured losses from last week’s massive IT outage are likely to range from $400 million to $1.5 billion, cyber analytics firm CyberCube said on Thursday. A software bug in cybersecurity firm CrowdStrike’s quality-control system caused the software update that …
Maine Provides Waterfront Communities With $21 Million to Rebuild From Winter Storms
Maine is providing more than $21 million in grants to help dozens of waterfront communities rebuild from a series of devastating storms this past winter. The storms brought flooding, damage and power outages to the Northeast, and were particularly damaging …
Philippines Rushes to Contain Oil Spill From Sunken Tanker
Philippine authorities are rushing to contain an oil spill from a tanker that sank early Thursday, killing one crew member, after Typhoon Gaemi battered the nation. A Philippine-flagged tanker carrying 1.4 million liters of industrial fuel oil capsized 3.6 nautical …
Oscar Mayer Wienermobile Rolls Over in Chicago Highway Crash
OAK BROOK, Ill. (AP) — An Oscar Mayer Wienermobile got into a pickle on a Chicago highway. The hot-dog shaped Wienermobile hit a car Monday morning along Interstate 294 and its driver lost control and overcorrected, causing it to roll …
Houston City Council Approves Plan to Increase Federal Flood Insurance Discounts
Houston residents could see a greater discount on their federal flood insurance premiums as soon as next spring after the Houston City Council on Tuesday approved a watershed master plan expected to improve the city’s class rating in FEMA’s National …
ACLU: 51 Texas School Districts Not Complying With Ban on Hairstyle Discrimination
The ACLU of Texas said Wednesday it found 51 school districts in violation of the Texas CROWN Act, which bans race-based hair discrimination, and urged them to update their dress code policies. The Texas CROWN Act prohibits schools, workplaces and …
Iowa Insurance Commissioner Appointed Receiver of Fraudulent Investment Companies
The Iowa Insurance Commissioner Doug Ommen was appointed the receiver of Beckstone Partners, LLC (Beckstone), DesFined, LLC (DesFined), East King Management, LLC, and The Corporate Leasing Company, LLC to wind down the operation of the businesses and marshal the remaining …