Legal Risks Seen Accelerating Climate Adaptation Plans
Countries that fall short in efforts to limit global warming to 1.5°C face growing legal risks that could push them to accelerate climate adaptation efforts. The threat of lawsuits now looms over companies and governments that don’t take aggressive climate …
Indianapolis Man Sentenced to 8 Years for Setting Fire to Bus and Station
An Indianapolis man has been sentenced to eight years in federal prison after pleading guilty to setting fire to an IndyGo bus and bus station, causing approximately $1.8 million in damage. Demarcus McCloud, 46, was sentenced to eight years in …
Oklahoma Man Charged with Damaging TV Station’s Weather Radar
An Oklahoma man is facing charges for damaging the weather radar equipment of a local TV station, the office of Attorney General Gentner Drummond announced. Anthony Tyler Mitchell, 39, allegedly vandalized the power supply of News 9’s NextGen live radar. …
People Moves: CFC Appoints Laudadio US Healthcare Practice Leader
CFC, a specialist insurance provider headquartered in London, appointed Kyle Laudadio as healthcare practice leader in the U.S. Laudadio will lead the expansion of strategic broker relationships onshore in the U.S. Laudadio has over 15 years of industry experience in …
EEOC Sued Over Handling of Transgender Worker Discrimination Complaints
Legal groups sued the U.S. Equal Employment Opportunity Commission on July 29, claiming it is unlawfully refusing to enforce federal workplace protections for transgender workers. Led by Acting Chair Andrea Lucas, a Republican, the federal agency charged with enforcing laws …
US Reversal on Key Climate Finding Spells Uncertainty for Business
The Trump administration has billed its plan to undo U.S. climate regulation as a way to cut costs for industry, but it may backfire by forcing automakers, utilities, and manufacturers into a future of regulatory uncertainty and litigation risk, according …
Florida OIR Approves 31.5% ‘Catch-up’ Rate Increase for TRUE, Despite Missed Filings
Florida’s Office of Insurance Regulation this week approved an average 31.5% increase in homeowner rates for Trusted Resource Underwriters Exchange – one of the largest Florida rate hikes in two years – despite questions about irregularities by the company and …
Demolition Begins on Last Pieces of Baltimore’s Collapsed Key Bridge
Demolition crews are using giant saws, backhoes and other heavy equipment to remove large sections of the remaining pieces of Baltimore’s Francis Scott Key Bridge, which collapsed last year after a container ship lost power and veered off course, killing …
CNA’s $120M Contribution Finalizes Rochester Diocese Claims Fund
The Catholic Diocese of Rochester, its insurers, and survivors of clergy sexual abuse have agreed on a $246 million fund to pay abuse claims as part of the diocese’s Chapter 11 plan to emerge from bankruptcy. The plan came together …
Kerrville Officials’ Messages Show Lack of Information About Coming Floods
As the floods hit, Kerrville officials’ messages show lack of information about what was coming” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about public policy, politics, …
Missouri’s 2025 Insured Losses From Severe Weather Approaching $2 Billion
The Missouri Department of Commerce and Insurance (DCI) reported Thursday that severe weather has already caused nearly $1.6 billion in damage throughout the state this year. “The insurance industry continues to respond and assist Missourians as they rebuild and repair …
Former Insurance Agent Arraigned in Scam for Fake Cannabis Business
A formerly licensed insurance agent was arraigned this week on multiple felony charges involving fraud for duping people to invest in a non-existent marijuana business. Matthew Evans, 36, of Palmdale, pleaded not guilty to multiple felony charges involving fraud, after …
Two Men Charged with Staging Car Crashes for Insurance Money in New York City
Two Brooklyn men have been charged with staging three automobile accidents and then seeking insurance payouts from Allstate Insurance Co. for damages and purported injuries. Queens District Attorney Melinda Katz announced that Jaime Huiracocha and Victor Murillo have been charged …
Uber Says New York City Courier Rule ‘Singles Out’ Immigrant Workers
Uber Technologies Inc. is pushing back on a new NYC proposal requiring delivery app workers to display company-issued identification numbers on reflective vests, saying it “singles out” immigrant workers for “heightened surveillance and control.” The new rules, proposed Monday by …
Delta Jet Makes Emergency Landing After Severe Turbulence Injures 25
At least two dozen people were taken to hospitals after a Delta Air Lines Inc. flight hit severe turbulence that forced it to make an emergency landing in Minneapolis. Delta Flight 56 was less than an hour into its nine-hour …
California Commissioner Takes Action Against FAIR Plan for Smoke Damage Claims
California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors. The California Department of Insurance filed an order to show cause against the FAIR …
No Mention of Robotaxi as Tesla Launches Ride-Hailing in San Francisco
Tesla launched a ride-hailing service in the San Francisco Bay Area on Thursday, without indicating whether it would be using self-driving vehicles that power its Austin, Texas operations. California has not permitted Tesla to offer robotaxi service, and the limited …
Verisk’s $2.35B Buy of AccuLynx ‘Natural Fit’ for Claims Management Solutions
Insurance data analytics and technology firm Verisk said it has an agreement in place to acquire AccuLynx, a software-as-a-service platform designed for residential roofing contractors, for $2.35 billion. Verisk said in a July 30 announcement that both companies play key …
Cotality Estimates $1.1B in Damage to Residential Buildings from Central Texas Floods
Cotality estimates that the recent Central Texas flash floods caused $1.1 billion in damage to residential buildings, with the National Flood Insurance Program providing as much as $135 million in insurance recoveries to home and business owners across the impacted …
People Moves: LSM Hires Nelson, Ciraci and Prout to Boost Renewables Offering; BMS Promotes Wookey to Managing Director, Bermuda Product Line Development
This edition of International People Moves details appointments at Liberty Specialty Markets and the broker BMS. A summary of these new hires follows here. Liberty Specialty Hires Nelson, Ciraci and Prout to Boost Renewables Offering Liberty Specialty Markets (LSM), part …