Chicago Museum’s ‘Knight Rider’ Car Ticketed for Speeding in NY Hasn’t Moved in Years
It’s a mystery on the streets of New York City. What traffic law violator with unpaid fines is driving a black Pontiac Trans Am that looks like the car with the talking computer from the 1980s TV series “Knight Rider,” …
New Law Requires Insurance Rate Filings in Oklahoma to Undergo Review Process
Oklahoma Governor Kevin Stitt this week signed a bill that gives the insurance department the authority to review insurance rate changes before they can go into effect. Under House Bill 3781, all rates in competitive markets shall be filed 30 …
El Niño Odds Rise as Storm and Crop Threats Intensify Globally
The odds are rising that a weather-roiling El Niño will emerge in the next few months and strengthen through the year, threatening global crop supplies, altering storm patterns and pushing temperatures toward record highs. There is an 82% chance El …
Newsom’s California Budget Bolstered by Extra Cash from AI Boom
California Gov. Gavin Newsom unveiled a revised budget that shows no deficit for this year and next, as the state draws another boost from the technology and artificial-intelligence boom. The budget proposal released Thursday shows revenues that are $16.5 billion …
Billionaire Boehly’s Allies Donated Heavily to Kansas Insurance Regulator
Todd Boehly and dozens of his associates contributed more than $300,000 to the Kansas insurance commissioner’s gubernatorial campaign, weeks before her office helped one of the billionaire’s companies win a delay of new capital rules. A slew of Boehly’s companies, …
People Moves: Premier Group Insurance Announces Leadership Transition
As Premier Group Insurance (PGI) surpasses the $1 billion written premium milestone, the organization is making a clear and deliberate statement about its future. Alongside this achievement, Denver, Colorado-based PGI is unveiling a two-year leadership transition plan designed to position …
Howden Acquires Indiana-Based Cybeta
Howden announced it has acquired the intellectual property assets of Cybeta, a leading cyber data and analytics provider. The acquisition enables Howden to provide clients with faster, more precise insight into cyber risk, supporting better underwriting, placement, and claims outcomes. …
Ohio Man Sued for Alleged Model Train Scam
Ohio Attorney General Dave Yost is suing a Brecksville man accused of taking consumers’ money for collectible model trains that he never delivered. The lawsuit, filed in Cuyahoga County Common Pleas Court, alleges that Chase D. Wheeler operated Chase’s Train …
People Moves: Alliant Insurance Services Adds John Montague to Midwest Benefits Team
John Montague joined Alliant Insurance Services as vice president within its employee benefits group. Based in Minneapolis, Minnesota, Montague has more than 30 years of industry experience spanning the provider, payer, and patient landscapes with a focus on the delivery …
Florida’s Ailing $6 Billion Rail Line Has Debt Vultures Circling
It’s becoming clearer by the day that Brightline, the struggling Florida private railroad, is shaping up to rank among the biggest municipal-bond restructurings ever, alongside the likes of Puerto Rico and Detroit. But that’s where any clarity around the future …
South Dakota Drilling Project Canceled After Backlash From Tribes
A South Dakota mining company has canceled a drilling project in the Black Hills after opposition from Native American tribes and local groups. In a letter provided Friday by Indigenous advocacy group NDN Collective, Rapid City-based Pete Lien & Sons …
Former Walgreens Manager Sentenced for Role in 7 Inside-Job Robberies
A District of Columbia woman was sentenced last week to 32 months in prison for her role in a series of seven inside-job robberies of the Chinatown drug store where she was employed as a store manager, reported U.S. Attorney …
UAE-Owned Tanker Leaks Some Fuel Off Oman Following Iranian Strike
A unit of state-owned Abu Dhabi National Oil Company said on Wednesday that one of its tankers struck by Iranian drones last week has leaked a small amount of fuel off the coast of Oman, underscoring the ecological risks stemming …
ECB Urges Banks to Quickly Prepare for AI-Assisted Cyberattacks
European Central Bank board member Frank Elderson on Wednesday urged banks in the euro area to quickly prepare for potential cyberattacks launched with the help of Anthropic’s Mythos AI model or similar tools. Elderson, who is vice chair of the …
Six Arrested in Louisiana Insurance Fraud Scheme
Six Louisiana residents have been arrested for participating in a long-running insurance fraud scheme involving fire and water damage claims, the Louisiana Department of Insurance announced. The suspects, all from Ouachita Parish, face charges of insurance fraud, identity theft and …
TWFG Acquires Fortress Insurance Services
TWFG announced that it has acquired Fortress Insurance Services, adding four new agency locations and a wealth of experienced insurance professionals to the TWFG family. This strategic acquisition strengthens TWFG’s presence in the Upper Midwest and reinforces its commitment to …
Corpus Christi Residents and Businesses May Have to Cut Water Use by 25%
Corpus Christi residents and businesses — including one of the nation’s largest petrochemical corridors — may be required to cut water use by 25% during a water emergency that city leaders expect to hit by September unless a devastating drought …
Driving Data and Vehicle Sensors Help Detect Early Cognitive Decline
More older adults are staying behind the wheel longer than ever. In the United States, there are more than 50 million licensed drivers age 65 and older, including roughly 5 million in Florida – one of the highest concentrations in …
Google Settles Racial Discrimination Lawsuit for $50 Million
Google has settled with Black employees who alleged systemic racial disparities in hiring, pay, and advancement in a lawsuit filed in 2022. April Curley, a former Google employee, had sued the tech giant for racial discrimination, saying it engages in …
Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market
The cost of a surplus-lines homeowners’ policy in Florida is now about the same as admitted-market HO policies, reflecting the growing trend for excess and surplus firms across the state and beyond, recent reports show. The Florida Surplus Lines Service …
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