Companies Spending Record Amounts to Protect Executives as Threats Rise
U.S. companies are spending record amounts to keep their executives safe in response to rising threats and the killings of two high-profile corporate officials in separate attacks in Manhattan over the last eight months. Corporations have doubled the number of …
Mayo Clinic Sued for Allegedly Forcing Security Guard to Get Vaccination
The Mayo Clinic violated federal law when it refused to grant a security guard’s request for a reasonable religious accommodation to its mandatory COVID-19 vaccination policy, and instead threatened to fire the employee, effectively forcing him to receive the vaccine …
Ladner Named Recipient of ICT’s Raymond Mauk Leadership Award
The Insurance Council of Texas (ICT) has named Gerald F. Ladner as the 2025 recipient of the Raymond Mauk Leadership Award. The award will be presented Sept. 17 during the ICT Property & Casualty Insurance Symposium in Austin. Established in …
Hacked Columbia University Data Includes Banking Numbers, GPAs
The financial information and academic performance of Columbia University students and alumni were stolen in a recent breach, according to a Bloomberg News review of some of the pilfered data. The data includes bank account and routing numbers, student loan …
Flood Relief, THC Regulation in Limbo After House Democrats Leave Texas
After dozens of Democratic Texas House members fled the state on Sunday to deny Republicans the quorum they need to pass new congressional maps aimed at securing more GOP seats, many other bills are now at risk of dying. State …
Forceful Arrest of Student Shows Benefits of Recording Police Actions
A video that captured the brutal arrest of a Black college student pulled from his car and beaten by officers in Florida has led to an investigation and calls for motorists to consider protecting themselves by placing a camera inside …
Third Child Dies a Week After Barge-Sailboat Crash in Miami
MIAMI (AP) — The U.S. Coast Guard says a third child has died nearly a week after a barge struck and sank a boat during a sailing camp near Miami. All six people on the sailboat were pulled from the …
Florida Judge Blocks State Agency for Citizens Claims Disputes, But Insurer Appeals
A Florida judge temporarily halted Florida’s Citizens Property Insurance Corp. from sending claims disputes to a state arbitration agency, but a notice of appeal by Citizens automatically suspended the judge’s order. Hillsborough County Circuit Judge Melissa Polo said the homeowner’s …
Lemonade Posts Another Quarterly Loss but Car Growth Continues
Insurtech Lemonade reported a second quarter 2025 net loss of about $44 million compared with a loss of $57.2 million a year ago during the same time. Though still a loss, it was a 23% improvement from the prior year, …
California Wildfire Burns 72,460 Acres, Threatens Hundreds of Structures
A wildfire in California that covers two counties, and prompted evacuation orders and threatened hundreds of structures, has grown to 72,460 acres. The fire is threatening more than 870 structures, according to CalFire. At least three people have been injured …
People Moves: Berkley Re UK Names Ashley as President, Succeeding Himmer at Year-End; Aon Promotes Laing and Moore in Reinsurance Leadership Team
This edition of International People Moves details appointments at Berkley Re UK and Aon. A summary of these new hires follows here. Berkley Re UK Names Ashley as President, Succeeding Himmer at Year-End W. R. Berkley Corp. announced the appointment …
Rotten Wood, Poor inspections Led to Deadly Maine Schooner Mast Collapse
Rotten wood and poor inspections appear to have played roles in the collapse of the mast of a historic Maine schooner in an accident that killed one person and injured several others, the U.S. Coast Guard said in a report …
Business Moves: Private Equity Firm J.C. Flowers Acquires Italian Insurance Broker Caleas; UIB International Sells Minority Stake in UIB Insurance Brokers (India)
Private Equity Firm J.C. Flowers Acquires Italian Insurance Broker Caleas J.C. Flowers & Co. (JCF), a private equity investment firm that focuses on financial services investments, announced that investment vehicles affiliated with JCF — JCF Funds — have acquired Caleas …
Four Gabriel House Residents Sue Over Assisted Living Facility’s Deadly Fire
Two lawsuits have been filed over the tragic fire at a Fall River, Massachusetts assisted living facility that took the lives of 10 residents and injured 30 others on July 13, making it the state’s deadliest residential fire in decades. …
Hong Kong Sets Rainfall Record as Deluge Disrupts Flights
Hong Kong set a rainfall record for August after violent storms lashed the city on Tuesday, leading to flight delays and commuter chaos. About 356 millimeters (14 inches) of precipitation was recorded at the Hong Kong Observatory’s headquarters through to …
Air Lease Profit, Revenue Rise on Insurance Payout and Aircraft Demand
Aircraft lessor Air Lease Corp. reported a rise in second-quarter profit and revenue on Monday, due to a $344 million insurance claim settlement plus robust aircraft rental demand. Aircraft lessors have benefited from strong lease rates as airlines rush to …
Trump Media CEO Nunes Loses Defamation Lawsuit Over Rachel Maddow Show
A federal judge dismissed a defamation lawsuit by Devin Nunes, the former California congressman and now chief executive of Trump Media and Technology Group, against NBCUniversal over a comment by Rachel Maddow about his dealings with a suspected Russian agent. …
US Weather Boss During ‘Sharpiegate’ Nears Return to NOAA
Days after floods killed at least 135 people in Texas Hill Country, weather scientist Neil Jacobs appeared before a Senate committee as the nominee to lead the US agency that oversees forecasting. He vowed to create a cutting-edge weather modeling …
Fla. Insurance Agent Charged With Premium Theft Now in Prison, Has Paid Restitution
A high-profile southwest Florida insurance agent who pleaded “no contest” to absconding with thousands of dollars in premiums has been sentenced to just over a year in prison. Reid J. McDaniel, 33, of North Fort Myers, was charged a year …
California Defense Contractor and Private Equity Firm to Pay $1.75M Over Cybersecurity
Two California companies agreed to pay $1.75 million for failing to comply with cybersecurity requirements in an Air Force contract. Defense contractor Aero Turbine Inc., in Stockton, California, and private equity company Gallant Capital Partners LLC, in Los Angeles, settled …