California Orders Insurance Nonrenewal Moratorium for 50,000 Following Dove Fire
Property insurers are prohibited from canceling or declining to renew coverage for 50,000 residential policyholders in Tuolumne, Stanislaus and Calaveras counties for one year following the Dove Fire. California Insurance Commissioner Ricardo Lara issued the moratorium following Gov. Gavin Newsom’s …
Driver in Deadly LA Metro Station Crash Arrested on DUI And Murder Counts
The driver of a minivan that crashed outside a Los Angeles metro station, killing three women and critically injuring two more, was arrested on suspicion of driving under the influence and three counts of murder, police said. Authorities said the …
Risky Future Summit to Explore Emerging Threats, Technology, Risk Management Strategies
Free Virtual Event on Nov. 17 Will Feature Sessions on Cyber Risk, Commercial Auto, Terrorism and Natural Catastrophes From AI-powered cyberattacks and escalating commercial auto verdicts to geopolitical instability and increasingly costly natural catastrophes, the property/casualty insurance industry faces a …
Ohio State Suspends Frat After Video Showing Men Engulfed in Flames
A fraternity at Ohio State University has been temporarily suspended while authorities investigate a video that appears to show two panicked men engulfed in flames. A video shared on social media shows a large group of people standing outside, many …
Kansas Woman Sentenced to Probation for Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt announced a Sedgwick County woman has been sentenced to 24 months of probation for insurance fraud. Julie LaChance, aged 38, pleaded guilty on August 20, 2026, in Sedgwick County District Court to one felony count …
Texas Grid Boss Wants Data Centers to Cut Power Before Blackouts
The boss of Texas’s electric grid will ask the state legislature for authority to require data centers to decrease power usage even before an emergency is declared. As it stands now, Texas has to be at level two of a …
Vessel on Fire After Being Struck off UAE’s Ras Al-Khaimah: Maritime Agencies
A vessel was hit by an unidentified projectile about 14 nautical miles northwest of the UAE emirate of Ras Al-Khaimah on Wednesday, causing a fire in its engine room, British maritime agencies said in reports published on Thursday. Firefighting efforts …
Fort Lauderdale Official Urges Rapid Fix to Worsening Flooding in South Florida
Worsening flooding from king tides and rising sea level has prompted one Fort Lauderdale city commissioner to draft a plan to raise roads, elevate seawalls and offer financial support for flood barriers on homes. Commissioner Steve Glassman said his phone …
Deadly Screwworm Spreads Fast With Milder Weather Fueling Resurgence
The New World screwworm has made a comeback in the US after months of relatively muted cases, thanks in large part to milder temperatures and humidity that are encouraging the deadly livestock parasite’s activity. More than 40 cases of screwworm …
Startup Specialty Insurer Pinion Gets Green Light to Acquire Catlin
Pinion US Holdings LLC announced it has received regulatory approval from the Oklahoma Insurance Department to acquire Catlin Specialty Insurance Co., a U.S. eligible excess and surplus lines writer. Catlin, formerly owned by AX XL, was acquired by Applied Underwriters …
Marsh Says Fed Should Ease Up on Banks That Insure AI Loans
Marsh & McLennan Cos. is urging US regulators to allow banks to hold less capital against loans covered by credit risk insurance as they look for new ways to offload data center exposure. Demand for hedging AI-related finance has exploded, …
SpaceX Must Face Sex-Bias Claims After Appeals Court Rejects Arbitration Request
SpaceX must face a lawsuit accusing it of illegally firing eight engineers who raised concerns about alleged sexual harassment and discrimination at the company after a US appeals court on Tuesday rejected its request to send the case to private …
Five States Join FTC Suit Against Hims & Hers Over Privacy Practices
Five US states have joined the Federal Trade Commission in a lawsuit that alleges telehealth company Hims & Hers Health engaged in deceptive and unlawful privacy practices, the FTC said on Oct. 10. The lawsuit alleges the company shared consumers’ …
White Workers Claiming Discrimination Complicates Shell’s DEI Drive
In October, Shell Plc held a “DE&I in Action and World Mental Health” day, focused on inclusion and mental wellbeing. Staff in the US and elsewhere were encouraged to reflect on their experiences at work, to “practice care, courage and …
Australian Companies Face ‘AI Washing’ Claims After Wave of Job Cuts, Offshoring
Australia’s blue-chip companies are increasingly invoking artificial intelligence as they cut jobs and move work offshore, unions and experts say, complicating the government’s efforts to support employment in a slowing economy. On Oct. 10, Qantas, Australia’s flag carrier, said it …
Sightseeing Helicopter Makes Emergency Landing After Possible Engine Trouble
A New York City sightseeing helicopter on a maintenance flight made an emergency landing on Tuesday at a New Jersey cargo port after the pilot reported possible engine trouble. Two people were aboard the Bell 206L-4 helicopter when it came …
Washington Wildfire Claims Near $1B as Research Reveals Home Vulnerabilities
The tally of losses from the historic wildfires in Washington over the summer continues to grow, but by so do the lessons being learned. Insured losses from the wildfires that plagued Washington for nearly half the summer are nearing $1 …
Could Huang, Nvidia and Company’s Board Be Held Liable Over Affair Scandal?
Reported ties between Jensen Huang, the CEO of AI powerhouse Nvidia, and a suspected Chinese spy have sparked an investigation by the FBI, calls for congressional hearings, a review by the company’s independent directors and a proposed investor class action …
Liberty Mutual Investments Backs Pet and Vet Services Firm Synergy Pet Group
Liberty Mutual Investments, the investment firm for Liberty Mutual Group, said it has provided debt financing to Synergy Pet Group to support the company’s continued pet services and technology expansion. Synergy Pet Group, based in Lakewood, New Jersey, is backed …
Maryland High Court Weighs Sovereign Immunity Claim for Some Sex Abuse Lawsuits
Maryland’s highest court heard arguments on an appeal Monday that will affect 1,300 lawsuits filed under the Child Victims Act. The 2023 law effectively eliminated time barriers for someone to file a court claim of institutional sex abuse. At issue …
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