California AG Puts out Price Gouging Alert Following Emergency Declaration
California Attorney General Rob Bonta issued a consumer alert following the Gov. Gavin Newsom’s emergency declaration in response to powerful winter storms that struck over th weekend, with more rain and wind on tap. A series of atmospheric rivers brought …
SiriusPoint’s IMG to Acquire Emergency Travel Services Firm Assist America
Global specialty insurer and reinsurer SiriusPoint Ltd. announced that its subsidiary International Medical Group (IMG) will acquire Assist America, a New Jersey-based provider of global emergency travel assistance services that generates $20 million in annual assistance revenues. Founded in 1990, …
Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’
In a Christmas court filing, Howden US filed its response to a request by rival Brown & Brown for a temporary restraining order, saying the recent exodus of Brown & Brown employees to Howden US was “caused entirely by Brown’s …
CompSource Mutual Earns A Rating From AM Best
AM Best has affirmed CompSource Mutual Insurance Company’s Financial Strength Rating (FSR) of A (Excellent) with a Stable outlook. AM Best is the preeminent insurance credit rating service. CompSource Mutual is Oklahoma’s premier workers’ compensation provider. These rating renewals reflect …
Another Winter Storm Disrupts US Holiday Air Travel on Monday
Another intense winter storm system stretching from the upper Midwest to the Northeast will once again test US airlines during the busy holiday travel period. Service is still trying to recover from days of disruption that led to more than …
Storms Wreak Havoc on South Africa’s Electricity Supply
Storms and high winds are wreaking havoc on South Africa’s electricity supply, with disruptions reported nationwide. “While major disruptions in the Eastern Cape have largely been addressed, the KwaZulu-Natal, Limpopo and Free State provinces remain severely affected,” state power utility …
Uber, Lyft Team Up With Baidu to Start Robotaxi Trials in UK
Uber Technologies Inc. and Lyft Inc. are each teaming up with Baidu Inc. to trial driverless taxis in the UK, as ride-sharing companies race to deploy autonomous services around the world. Uber said Monday a pilot program using Baidu’s Apollo …
People Moves: Gallagher Taps EY’s Hughes as Tax Specialist in Private Equity/M&A Team
Gallagher Taps Hughes From EY as Tax Specialist in Private Equity and M&A Practice Gallagher announced the UK appointment of specialist corporate M&A tax adviser Tom Hughes as director of Tax Insurance to its EMEA-wide Private Equity and M&A (PEMA) …
EU Faces Renewed US Ire After ESG Cutbacks Fail to Calm Tensions
The European Union’s ESG framework — a shadow of its former self after a year of deep cuts — is drawing renewed threats from the US. At issue is the so-called extraterritoriality of the Corporate Sustainability Reporting Directive and the …
Louvre Tightens Security After $102M Jewel Heist, Installs Bars on Infamous Window
A freight lift rose up on its crane Tuesday toward the Louvre Museum — but this time it wasn’t jewel thieves. It was workers installing security bars on the window used to break into the Paris landmark’s Apollo Gallery in …
Brown & Brown Files Suit Over Alleged Howden Poaching of 200+ Employees
Reports that Howden US, part of the London-based insurance brokerage, had lured away more than 200 employees from Brown & Brown Insurance have left industry leaders worried that poaching seems to be the new business model for some companies. And …
Southern California in ‘Great Danger’ From Christmas Flooding
A powerful winter storm is lashing Southern California, prompting California Governor Gavin Newsom to proclaim a state of emergency in Los Angeles and neighboring counties. Coastal communities are bracing for multiple months’ worth of rain in just a few days, …
The Best Climate Adaptation Methods Are Surprisingly Simple
As the effects of a hotter planet rack up more damages and health issues for people in exposed regions, the conversation around climate change is shifting from how to curb it to how to adapt to it. A new report …
Judge Rejects Business Group’s Challenge to Trump’s $100,000 H-1B Visa Fee
A federal judge on Tuesday rejected a challenge by the largest U.S. business lobby group to President Donald Trump’s $100,000 fee on new H-1B visas for highly skilled foreign workers, saying it fell under his broad powers to regulate immigration. …
Brown University Police Chief Placed on Leave After Fatal Shooting
Brown University’s president on Monday placed its campus police chief on leave as the Rhode Island university reviews its security policies after a gunman killed two students and injured nine others earlier this month. Questions surrounding Brown’s security policies have …
Missouri Faces Legal Battle with China Over Pandemic Compensation
Missouri’s top prosecutor said China is suing after the state pressed federal officials for help collecting on a roughly $25 billion court judgment related to the COVID-19 pandemic. Attorney General Catherine Hanaway said in a news release that China is …
Zombie Ship Shows US Targeting Darkest Corner of Oil Fleet
A 27-year-old crude tanker that was supposedly scrapped in 2021 is due to reach Venezuela late this week, according to ship-tracking data, in the latest example of how the South American country keeps its embattled oil industry alive. The tanker …
Areawide Insurance Advisors Joins Leavitt Group Texas Select
Areawide Insurance Advisors has joined Leavitt Group Texas Select, strengthening the agency’s presence in the Bryan and College Station area with the added resources of Leavitt Group, a national brokerage. Mike Kilgore, owner of Areawide Insurance Advisors, will continue to …
South Texas Homebuilders Warn ICE Arrests Have Upended Industry
One morning in mid-November, Mario Guerrero, the executive director of the South Texas Builders Association, was checking a group chat when a video of federal agents detaining people from a construction site popped up. He watched the video of Immigration …
Explosion at Nursing Home in Pennsylvania Kills Two, Injures Others
An explosion at a Pennsylvania nursing home that caused the building to collapse and took the lives of two people and injured about 20 others is under investigation. The explosion occurred at Bristol Health & Rehab Center in Bristol Township …
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