Ivans: US Commercial Premium Renewal Rate Increases Slowed in October
Year over year, average U.S. commercial premium renewals for all major commercial lines of business are up except for workers’ compensation, according to the Ivans Index. Chicago-based Ivans recently released its latest index results, with commercial auto, business owners policy, …
GSK, Moderna Settle Patent Dispute Over Moderna COVID, RSV Shots
British drugmaker GSK has settled lawsuits that accused Moderna’s COVID-19 vaccines Spikevax and mNEXSPIKE and RSV shot mResvia of infringing its patents, the companies said on Oct. 6. Moderna said in a press release that it settled GSK’s patent litigation …
NHTSA Opens Probe Into 1.2 Million Ford Vehicles Over Airbag Deployment
The National Highway Traffic Safety Administration on Monday said it opened a preliminary evaluation into more than 1.2 million Ford vehicles over the accidental deployment of seat-mounted side airbags that caused serious burn injuries. NHTSA said it has received eight …
Florida Flooding Closes 90-Bed Rehab Hospital in Melbourne
Flooding on Florida’s east coast last week was so severe that it has caused the indefinite closure of a 90-bed rehabilitation hospital in Melbourne. Sea Pines Rehabilitation Hospital, owned in part by Alabama-based Encompass Health, sustained substantial damage in the …
Uninsured And Flooded Out, A Colorado Man Worries If Life Will Be Normal Again
Matthew Martinez has lived nearly all of his 60 years in a canyon on the Navajo River and had never seen severe floods. Then, twice over the last two weeks, the river surged through his home and outbuildings in far …
EU Plans Crackdown on Addictive Social Media, Bot Features
Social media platforms face a fresh wave of European Union curbs, this time targeting addictive features and artificial intelligence chatbots. Under a draft of the “Digital Fairness Act” seen by Bloomberg News, companies would be required to give adult users …
France Says Iran’s Revolutionary Guards Carried Out Fridge Hacks
France has openly pointed the finger at Iran for recent cyberattacks that crippled fridges and created havoc in hundreds of supermarkets across the nation. “The responsibility for this attack lies with Iran’s Islamic Revolutionary Guard Corps,” French Foreign Minister Jean-Noel …
Honeycomb Expands LRO Into Texas, Pennsylvania and New Jersey
Honeycomb Insurance announced the expansion of its Lessor’s Risk Only (LRO) coverage into Texas, Pennsylvania, and New Jersey, continuing its growth across key U.S. markets. The expansion comes just months after Honeycomb’s initial introduction of its LRO offering, bringing the …
Texas Appeals Court Cancels Oral Arguments in Challenge to Hemp Rules
Days after voters ousted all three Republican justices on the 15th Court of Appeals in Tuesday’s election, the court canceled oral arguments for four cases, telling lawyers the case will be reset “at a later date.” The change will leave …
Multiple People Charged in SC Fraud Investigations into Staged Accidents
South Carolina authorities have charged multiple people with insurance fraud, including two who allegedly staged an auto accident and filed a $223,000 claim with Enterprise Rent-A-Car. Courtney Harris, 34, of Midlands, was arrested Thursday, Nov. 5, after investigators found that …
Illinois Roofing Company to Pay $700K in Race and Sex Harassment Suit
Anthony Roofing Tecta America LLC, an Aurora, Illinois-based roofing company, will pay $700,000 and furnish other relief to settle a race and sex harassment lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The EEOC …
Food Industry Pushes Back on WHO Guidance for Products With Added Color, Flavor
Governments should consider regulating foods that include added colors, flavors or sweeteners designed to make the product more appealing to consumers, according to new draft World Health Organization guidance that has sparked swift pushback from the food industry. The WHO …
OpenAI Sued Over Claim That ChatGPT Drafted Lethal NC Poisoning Plan
James Gates says he started to suspect his wife was trying to poison him after he found a handwritten note with a list of substances and dosage plans, some of which were labeled “lethal.” At the top of the note …
Iowa Postal Worker Shot Two Co-Workers at Post Office, Police Say
A female postal worker shot two female co-workers at the main post office in Iowa’s capital city Thursday before being captured nearby and faces attempted murder charges, authorities said. Jennifer Christine Pledger, 39, of West Des Moines, stood above one …
SpaceXAI Started Data Center Build Without Water Permits, Mississippi Says
Mississippi’s environmental regulators released details this week on a set of penalties against SpaceXAI for violating state water pollution laws by starting construction on its Southaven data center facilities without needed permits. The company first announced the potential fines to …
COP31 Summit Leaders Urge Crisis-Wracked World to Move Faster on Climate
Leaders of COP31 urged the world to accelerate the fight against global warming as they began their annual UN climate conference in Turkey on Monday against a backdrop of rising temperatures and worsening climate-driven disasters. Kicking off two weeks of …
Binance’s CFO Leaves Company in Wake of $6 Billion Crypto Heist
Kaiser Ng, the chief financial officer at Binance Holdings Ltd., the world’s largest crypto exchange, is leaving, the company announced just days after hackers stole more than $6 billion in cryptocurrency from the platform. “Kaiser Ng has decided to pursue …
AI Backlash Spreads Across Europe With Data Center Protests
Protests against data centers continued across Europe on Saturday as citizens took to the streets to voice their concerns about the impact on society and the environment. Some 2,000 people marched in Dublin, according to broadcaster RTE, and about 1,300 …
GM Insurance to Enter Maryland Auto Market
GM Insurance announced it is expanding its auto insurance offering to Maryland, which will be its 21st state. General Motors Insurance is available for Chevrolet, Buick, GMC and Cadillac vehicles., GM promises that its coverage can save safe drivers money …
Newsroom Bomb Threats Follow Escalating European Flight Hoaxes
Newsrooms in Ireland and Bulgaria received emailed bomb threats on Friday from a purported “Mikhail Andropov,” claiming responsibility for a widening wave of hoax threats disrupting passenger flights across Europe. The messages, sent to Bulgaria’s Nova TV and the Irish …
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