EQT to Pay $2 Billion for Majority Stake in McGill and Partners
EQT AB has agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus LLC for $2 billion, as the Swedish buyout firm looks to accelerate the company’s global expansion. The investment will be made …
Chicago River Bridge Gets Stuck After Lifting for Boat to Pass
A major bridge in downtown Chicago remained stuck in the raised position for more than four hours Wednesday after dangerous heat caused its components to expand. The DuSable Lake Shore Drive bridge, which crosses the Chicago River at Grand Avenue, …
Ross Fire Continues Burning in North Texas
Ten days since the Ross Fire broke out west of Fort Worth, responders are still battling one of the largest wildfires in North Texas’ recorded history. And while parts of the region are expected to get some rain and slightly …
East Texas Grapples With Flooding From Tropical Storm Edouard
Texas authorities rescued dozens of people from stranded cars, homes surrounded by floodwaters and an assisted living facility as former Tropical Storm Edouard lingered over rural parts of the state and dumped nearly 2 feet of rain in some places. …
Indiana Residential Services Provider to Pay $65K Over Discrimination Suit
Damar Services, Inc., an Indianapolis residential services provider for individuals with developmental disabilities, will pay $65,000 and provide other relief to settle a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. …
Tampa Plane Crash Kills Prominent Spine Physician, Nurse Practitioner
A nurse practitioner and a well-known Tampa physician who founded a children’s scoliosis center were killed when the small plane they were in crashed near the Tampa Executive Airport Thursday, local news sites reported. David Siambanes, 59, had specialized in …
Atlantic Hurricane Season Remains Most Tranquil Since 1941
Dry air, a stable atmosphere and storm ripping wind shear are suppressing every system that emerges, fulfilling predictions that a strong El Niño will make it a quiet hurricane season.
FBI Investigating Possible Exposure of Millions of American IDs
The FBI is investigating a potential breach of an ID verification company that may have exposed scans of millions of Americans’ driver’s licenses, a bureau spokesperson told Bloomberg News on Thursday. Access to the data of more than 160 million …
Labor Day Travelers Face Higher Costs, Heavier Traffic: AAA
Labor Day travelers face heavier traffic, higher fuel, airfare, and hotel costs this year, according to AAA. Booking data shows strong demand for destinations across the U.S., Canada, and Europe. Labor Day Travel Costs Rise for Flights and Hotels Travelers …
Not-So-Mobile Home Gets Stuck and Demolished on Mississippi Highway
A mobile home met its demise when it was moved by an unlicensed and uninsured tow truck driver, and another Mississippi man is charged with arson after he allegedly torched his own home in Indianola, the Mississippi Insurance Department announced. …
OpenAI Agents Hijacked German Website in Previously Undisclosed AI Breakout
A swarm of rogue OpenAI agents hijacked a German website this spring and transformed it into a bulletin board for other AI agents, according to new research published Friday and two people familiar with the matter. OpenAI officials learned of …
New Hampshire Approves 2.9% Workers’ Compensation Rate Cut for 2027
The New Hampshire Insurance Department (NHID) has approved an average of 2.9% reduction in workers’ compensation rates for 2027, marking the 15th consecutive year of declining voluntary workers’ compensation loss costs. Assigned risk rates will also decrease by 3.4% on …
NHTSA Opens Probe Into Nearly 1,000 Tesla Cybercabs
The U.S. National Highway Traffic Safety Administration said it has opened an audit into about 1,000 Tesla Cybercab vehicles, examining the process and technical data the EV maker relied on to claim compliance with federal vehicle safety standards. The probe …
Pabst Offers $20K Reward for Missing Beer in California Truck Heist
Pabst Blue Ribbon wants its beer back, and it’s offering a reward to help that happen. Greig DeBow, the CEO of Pabst Brewing Co., said Wednesday that the company will pay up to $20,000 to anyone who provides new information …
Tiger Woods Loses Driver’s License for Five Years
Tiger Woods had his driver’s license suspended for five years on Wednesday after initially being arrested for driving under the influence in a car crash in March. The golf legend pleaded no contest to a charge of reckless driving and …
Apple Facing $2.7 Billion UK Lawsuit Over ‘Unfair’ App Tracking Rules
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties. The lawsuit, …
Police Chief Fired in Aftermath of Child’s Shooting Death in Mississippi City
The police chief of a northern Mississippi city where 1-year-old child Kohen Wiley was shot and killed by police responding to a shoplifting call was fired Tuesday amid a new controversy. Senatobia Police Chief Harold Vanderford submitted his resignation the …
People Moves: Rousseau Named Head of International at Marsh Re; Lockton Hires Tatola as Head of Specialties, Canada
Marsh announced Laurent Rousseau as head of international, Marsh Re, effective immediately. Rousseau is based in London and will continue to report to Dean Klisura, president and CEO, Marsh Re. In this newly expanded role, Rousseau will lead Marsh Re’s …
OpenAI Commits $1 Billion to Cyberdefense Effort Amid Safety Scrutiny
OpenAI said on Sept. 3 it would commit $1 billion in subsidized access to its AI cybersecurity tools, training and technical support for organizations that protect critical services, as concerns grow over increasingly sophisticated AI-enabled cyberattacks. OpenAI has faced increased …
People Moves: Ciak Joins Guy Carpenter’s Healthcare Team From BMS Group; CRC Specialty Makes Hires Across Underwriting and Brokerage Teams
Ciak Joins Guy Carpenter’s Healthcare Team from BMS Group Jessica Ciak joined the healthcare segment Guy Carpenter as the firm’s as a senior vice president, focusing on the U.S. medical professional liability sector. Based in Minneapolis, Minnesota, Ciak reports to …
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