INSURANCE NEWS
Mississippi Wind-Mit Program Now Funded Through Surplus Lines Assn. Revenue
Almost two decades after it was established by the Mississippi Legislature, a storm and flood-mitigation grant program now has some funding – $5 million to be transferred from the Mississippi Surplus Lines Association. “The Legislature didn’t appropriate the money. I …
Safety Probe Into Waymo Self-Driving Vehicles Finds More Incidents
The National Highway Traffic Safety Administration said Friday it has learned of nine additional incidents that raise concerns about the performance of Alphabet’s Waymo self-driving vehicles. Earlier this month, the U.S. auto safety regulator opened an investigation after 22 reports …
Uvalde Families Sue Meta and Call of Duty Maker
USTIN, Texas (AP) — Families in Uvalde took more legal action Friday on the second anniversary of the Robb Elementary School attack, suing Meta Platforms, which owns Instagram, and the maker of the video game Call of Duty over claims …
Michigan Dairy Worker Diagnosed With Bird Flu
A Michigan dairy worker has been diagnosed with bird flu — the second human case associated with an outbreak in U.S. dairy cows. The male worker had been in contact with cows at a farm with infected animals. He experienced …
Storms Leave 15 Dead, Hundreds Injured in Texas, Oklahoma, and Arkansas
VALLEY VIEW, Texas (AP) — Powerful storms killed at least 15 people, injured hundreds and left a wide trail of destruction Sunday across Texas, Oklahoma and Arkansas after obliterating homes and destroying a truck stop where dozens sought shelter in …
Report Claims ‘Utter Chaos’ Including Drunk Deputies During Search for Maine Gunman
The search for the gunman behind last October’s mass shooting in Maine was marked by “utter chaos,” including one group of deputies who had been drinking nearly crashing their armored vehicle and others showing up in civilian clothes who could …
Roofing Contractor to Contest OSHA Citations After Employee’s Fatal Fall
The Occupational Safety and Health Administration (OSHA) has determined that a Massachusetts roofing contractor again violated federal regulations for fall protections, following an investigation into how an employee fell about 27 feet and was killed. The accident occurred as workers …
Caterpillar to Pay $800K Over Systemic Hiring Discrimination at Illinois Plant
Heavy equipment company Caterpillar has agreed to pay $800,000 to resolve allegations of systemic hiring discrimination against Black applicants at an Illinois plant, the U.S. Labor Department said on Tuesday. The money will cover back wages and interest to affected …
Insurers Are Working to Shore Up the $2 Billion Carbon Offset Market
Data fraud, questionable accounting practices and intensified catastrophes are just some of the issues that have battered the voluntary carbon market. Those misfortunes have helped spur a new line of business: Insurance policies designed to de-risk credits that polluters buy …
California Advances Legislation Cracking Down on Auto Theft, Stolen Goods Resellers
The California Senate approved a bipartisan package of 15 bills this that would increase penalties for organized crime rings, expand drug court programs and close a legal loophole to make it easier to prosecute auto thefts. One proposal would require …
Contamination Fears Stoked by Water Leak at German Nuclear Site
Water is leaking into an underground nuclear waste facility in Germany creating fears about toxic contamination of groundwater and highlighting the legacy that the shuttered nuclear industry has left behind. The operator of the storage site says that salt water …
People Moves: BHSI Promotes Riley to Lead Casualty Biz in Canada as DeSouza Retires; Broker Insights Names Scott CEO, Succeeding Edmond Who Becomes President
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and the software developer Broker Insights. BHSI Names Riley to Lead Casualty Business in Canada as DeSouza Retires Berkshire Hathaway Specialty Insurance (BHSI) announced the promotion …