INSURANCE NEWS
Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs
It will come as a surprise to no one that the majority of Florida and California homeowners say they have been affected by rising property insurance costs. A survey by Redfin, a U.S. real estate broker, found that just over …
Attorney Wants Footage of Fatal Chase in Mississippi But Town Says None Exists
JACKSON, Miss. (AP) — Civil rights attorney Ben Crump demanded Tuesday that police in a small town in Mississippi release camera footage of a chase that ended in the death of a Black teenager, but the city attorney said the …
NC Governor’s Pandemic Rules for Bar Closures Were ‘Illogical’ Court Says
RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper’s orders during the COVID-19 pandemic that directed standalone bars to remain shuttered for safety while restaurants that serve alcohol got to reopen were “illogical” and violated the state constitution, an appeals …
3 Construction Workers Killed Doing Overnight Sealing on I-83, Police Say
LEWISBERRY, Pa. (AP) — Three construction workers on a maintenance project along a Pennsylvania interstate were struck and killed by a truck early Wednesday, state police said. Investigators said a 24-year-old man was driving a large box truck at about …
Brooklyn Diocese Settles with New York AG for Mishandling Clergy Sex Abuse Cases
New York Attorney General Letitia James announced an agreement with the Roman Catholic Diocese of Brooklyn to address years of reported mismanaging clergy sexual abuse cases. According to the Office of the Attorney General, its investigation found the diocese failed …
El Niño to Trigger Drought Insurance Payouts in Four Southern African Countries
A drought driven by the El Nino weather pattern is likely to trigger insurance payouts to four southern African countries who took out cover with an agency of the African Union. Malawi, Zambia, Zimbabwe and Mozambique will receive payments at …
United Airlines Says Boeing to Compensate for Damages Caused by MAX 9 Grounding
United Airlines will receive compensation from planemaker Boeing for financial damages incurred in the first quarter due to the grounding of 737 MAX 9 aircraft, the carrier said on Wednesday. U.S. regulators had in January grounded some Boeing 737 MAX …
Google Fires 28 Workers Protesting $1.2 Billion Israeli Contract
Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government with AI and cloud services. The protests, which were led by …
Nord Stream Insurers Deny Policies Covered War Risks in UK Lawsuit
Nord Stream’s insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the damage was caused by war, in their written defense to a lawsuit filed at London’s High Court. Nord Stream is …
Wisconsin Republicans Ignore Governor’s Call to Spend $125M to Combat PFAS
MADISON, Wis . (AP) — Wisconsin Republicans on Tuesday ignored the latest call from Democratic Gov. Tony Evers to spend $125 million to combat so-called forever chemicals, leading Evers to say he might sue over the issue. The moves are …
Bayer Pushes Legislation in Multiple States for Legal Shield Against Lawsuits
DES MOINES, Iowa (AP) — Stung by paying billions of dollars for settlements and trials, chemical giant Bayer has been lobbying lawmakers in three states to pass bills providing it a legal shield from lawsuits that claim its popular weedkiller …
Climate Change to Cause $38 Trillion a Year in Damages by 2049
Climate change will inflict losses to the global economy worth an annual $38 trillion by 2049, as extreme weather ravages agricultural yields, harms labor productivity and destroys infrastructure, according to researchers at the Potsdam Institute for Climate Impact Research (PIK). …