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18 06, 2021

California Urges Power Conservation Amid Heat Wave

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LOS ANGELES (AP) — California’s power grid operator called for voluntary energy conservation on Thursday as the state sweltered under a heat wave that has blanketed the West and brought dangerously high temperatures to many areas. The California Independent System …

18 06, 2021

Bamboo Insurance Acquires First American P/C Agency to Expand Nationally

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Bamboo Insurance has acquired certain of the assets of First American Property and Casualty Insurance Agency of Santa Ana, Calif. from parent company title insurer, First American Financial Corp., which is exiting the property/casualty business. The assets acquired by the …

18 06, 2021

Cambridge Mobile Telematics Expands Its Empire of Smartphone Driver Surveillance

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Cambridge Mobile Telematics, which helps insurers monitor drivers via smartphone, has agreed to buy TrueMotion, a cross-town Boston rival, for an undisclosed sum. Both companies have shot to the front of the burgeoning effort to use technology to better manage …

18 06, 2021

Banning Spectators Is ‘Least Risky’ Option for Tokyo 2020 Games: Medical Experts

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TOKYO – Japanese medical experts said on Friday that banning spectators at the Olympics was the least risky option for holding the Games, even as they appeared resigned to the possibility of fans in venues during the COVID-19 pandemic. The …

18 06, 2021

CEZ Finds Alternative as Insurers Pull Cover From Coal Plants

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PRAGUE — Czech utility CEZ said on Friday it had found alternative insurance for its coal-fired power plants after two providers said they would stop covering them from next year as part of an industry drive to drop climate-damaging business. …

18 06, 2021

Suit Filed Against 11 Skilled Nursing Facilities in New York for Fraud, Unnecessary Services

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A civil healthcare fraud lawsuit against 11 New York-based skilled nursing facilities alleges that they fraudulently inflated Medicare reimbursements by prolonging patient stays without regard to patients’ medical needs. The suit also alleges these facilities billed for excessive rehabilitation therapy …

18 06, 2021

South Dakota Records Second Earthquake This Month

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Another earthquake has been recorded in South Dakota, the fifth since December. According to the United States Geological Survey, a 2.6 magnitude quake was recorded about 6:30 a.m. Wednesday with the epicenter about 60 miles east of Rapid City. It’s …

18 06, 2021

Return to Work Delayed by Doctors Ignoring Treatment Guidelines for Back Pain: Study

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Medical guidelines help doctors understand the best way to treat health conditions yet many doctors do not adhere to them, and this is a problem in particular for patients with back pain, according to scientists at University of Utah Health …

18 06, 2021

People Moves: Carpenter’s Schwebach to Aon’s Reinsurance Solutions; Mellor to Credit and Political Risks Team at Miller

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This wrap-up of international People Moves details two recent appointments at Aon’s Reinsurance Solutions and insurance broker Miller, in Minneapolis and London, respectively. A summary of these new hires follows here. Insurance broker Aon plc announced that Eric Schwebach has …

18 06, 2021

Waymo in California Getting $2.5B to Fuel Self-Driving Ambitions

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Waymo, the self-driving car pioneer spun off from Google, isn’t allowing a recent wave of executive departures to detour its plans to expand its robotic taxi service. The Mountain View, California, company made that clear Wednesday by announcing it has …