Rhode Island Requiring All School Buses to Have Video Systems
Rhode Island is on the road to requiring that all school buses have video systems to help monitor traffic violations and keep students, aides, and bus drivers safe. Governor Dan McKee ceremonially signed the legislation (S0568A/H5421Aaa) into law at Pleasant …
US LNG Exporters Race to Tie Up Financing as Surplus Looms
US developers are racing to cash in on the nation’s natural-gas export boom while they still can. The massive US buildout of terminals that process and ship liquefied natural gas, or LNG, has transformed the nation into the world’s top …
US Treasury-Led Watchdog Dismantles Climate Advisory Panels
U.S. financial regulators voted on Wednesday to disband two committees charged with monitoring financial risks brought on by climate change, ending a multi-year Biden administration effort to embed climate threats into financial regulations. The Financial Stability Oversight Council, a multi-regulator …
Senator Pushes FTC to Investigate Microsoft for ‘Gross Cybersecurity Negligence’
U.S. Democratic Senator Ron Wyden on Wednesday requested the Federal Trade Commission “investigate and hold Microsoft responsible” for its role in a string of high-profile cybersecurity incidents in recent years, saying the company’s approach to security “continues to threaten U.S. …
AM Best: Six-Month US P/C Underwriting Income Jumps to $11.2B
An early look by AM Best at the financial results of the U.S. property/casualty industry revealed insurers recorded an estimated $11.2 billion in net underwriting income in the first half of 2025. Last year after the first six months, the …
When Is Your Home Safe After Wildfire Smoke? LA Researchers Have Some Answers
At a church parking lot near Los Angeles, two hazmat-suit-clad workers vacuumed and wiped most of the contents of Elle Schneider’s house. Surrounded by stacked plastic bins of books and clothes, they opened up the drawers of a squat wooden …
Leddy Named New CEO at Tampa-Based Ryze Claims Solutions
Tampa-based Ryze Claim Solutions has named Walter Leddy chief executive officer, effective immediately. Leddy previously was CEO of U.S. field services for Davies, an adjusting and insurance services firm. Leddy, who holds a master’s in business administration from the University …
Pinnacol’s EverPeak Acquires Method Insurance, a Workers’ Comp MGA
Pinnacol Assurance subsidiary EverPeak Insurance has acquired Method Insurance, a workers’ compensation managing general agent based in Nashville. The move is in response to brokers who require a seamless solution for diverse client bases, and will complement EverPeak’s subsidiary Attune, …
Georgia Judge to Toss Landmark Racketeering Charges Against ‘Cop City’ Protestors
ATLANTA (AP) — A Georgia judge on Tuesday said he will toss the racketeering charges against all 61 defendants accused of a yearslong conspiracy to halt the construction of a police and firefighter training facility that critics pejoratively call “Cop …
French Lawmaker Asks Prosecutor to Probe TikTok for ‘Endangering the Lives’ of Users
The chairman of a French parliamentary committee investigating TikTok’s psychological effects on minors said on Thursday that he had asked for a criminal probe into TikTok’s possible responsibility for “endangering the lives” of its young users. The committee, launched in …
Duffy Acquires Sartori Agency of Massachusetts
Duffy Insurance Agencies in Lynn, Massachusetts announced it has acquired the Sartori Insurance, a family-run agency that has served the Lexington, Massachusetts community for more than 50 years. The Sartori team will continue to operate from the agency’s Lexington office …
Two High-Profile Personal Injury Law Firms Sue… Each Other
Insurance folks tired of hearing about personal injury law firms going after those “greedy insurance companies” might want a ringside seat for this one. Two high-profile Boston-area personal injury law firms are going after each other over allegations of trade …
Scientists Link Major Carbon Emitters to Worsening Heat Waves
One quarter of more than 200 heat waves that occurred worldwide this century may have been impossible without human-induced global warming. Emissions from the world’s largest fossil fuel and cement companies played a significant role in worsening those events, according …
Markets/Coverages: Howden’s MGA DUAL Launches Cargo Insurance in Europe
DUAL Europe, the managing general agent and unit of insurance intermediary Howden, announced the launch of its cargo insurance business, effective from Sept. 1, 2025. This marks a strategic expansion of DUAL Europe’s marine proposition, following the successful rollout of …
Viewpoint: Rethinking Basis Risk in Structured Insurance Solutions
Insurance solutions—more broadly referred to as risk transfer—that are parametric in design have become a common point of conversation between insurance buyers and their risk advisors when discussing protection options. These alternative risk transfer products are widely viewed as complementing …
Fleet Operators Want More From Their Insurers: Survey
A newly released report suggests that nearly 90 percent of fleets believe claims service needs to improve, sparking a turning point for the commercial insurance industry. AI native insurer Nirvana released its 2025 Claims Experience Report surveying commercial fleet decision-makers …
Bacterial Greening Disease Infects Nearly Half of Brazil’s Citrus Belt
Greening disease, caused by bacteria transmitted by the Asian citrus psyllid, has infected nearly 48% of Brazil’s citrus belt, according to new data from industry-funded research group Fundecitrus on Wednesday. Such infections have increased for an eighth year in Brazil, …
Disaster Survivors Wait Longer to Get Federal Aid, Says AP
Survivors of major natural disasters in the U.S. are having to wait longer to get aid from the federal government, according to a new Associated Press analysis of decades of data. On average, it took less than two weeks for …
South Korean E-Commerce Giant Coupang Wins US Dismissal of IPO Lawsuit
Coupang, the e-commerce company often called the Amazon of South Korea, won the dismissal on Wednesday of a lawsuit claiming it defrauded shareholders during and after its 2021 initial public offering, Wall Street’s largest by a foreign company in 6-1/2 …
Wall Street Regulator Says it Has Concerns Over European ESG Rules
Wall Street’s top regulator on Wednesday criticized two recent European laws on companies’ disclosures of their environmental, social and governance impacts, underscoring the shift in U.S. financial regulation since President Donald Trump took office. In an address to an event …