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16 05, 2025

Lloyd’s ‘Laser Focused’ on Oversight of Coverholders to Proactively Avoid Market Risk

By | May 16th, 2025|Uncategorized|Comments Off on Lloyd’s ‘Laser Focused’ on Oversight of Coverholders to Proactively Avoid Market Risk

Lloyd’s is laser focused on the oversight of delegated underwriting authorities to make sure these facilities do not drag down the market in the same way that poor management of managing general agents did in the past, according to Rachel …

16 05, 2025

Florida High Court Lets Stand Ruling on Damage Estimates in Supplemental Claims

By | May 16th, 2025|Uncategorized|Comments Off on Florida High Court Lets Stand Ruling on Damage Estimates in Supplemental Claims

The Florida Supreme Court on Thursday declined to consider a petition in a condominium insurance case, leaving in place conflicting rulings from Florida appeals courts. The non-decision in American Coastal Insurance vs. Patios West One Condominium Association, stemming from a …

16 05, 2025

Louisiana Plant at Center of Environmental Justice Fight Halts Operations

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A petrochemical plant in Louisiana accused of increasing cancer risks for a majority Black community indefinitely suspended operations largely due to the high cost of reducing toxic pollution. Japanese firm Denka announced Tuesday that its synthetic rubber facility hemorrhaged more …

16 05, 2025

Severe Storms Sweep Through Midwest, Leaving Thousands Without Power

By | May 16th, 2025|Uncategorized|Comments Off on Severe Storms Sweep Through Midwest, Leaving Thousands Without Power

Storms accompanied by deep, booming thunder, lightning displays and powerful winds swept through parts of Wisconsin, Illinois, northern Indiana and Michigan overnight — leaving scores of trees down and thousands of homes without power. The National Weather Service issued tornado …

16 05, 2025

Widow of Arkansas Airport Director Killed in Raid Sues ATF Over Husband’s Death

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The widow of an Arkansas airport director who was killed during a Bureau of Alcohol, Tobacco, Firearms and Explosives raid on his home last year sued the agency and several officials, claiming the agency and officers acted recklessly and negligently. …

14 05, 2025

Miami U Linebacker Adarius Hayes Was Driver in Crash That Killed Three, Police Say

By | May 14th, 2025|Uncategorized|Comments Off on Miami U Linebacker Adarius Hayes Was Driver in Crash That Killed Three, Police Say

LARGO, Fla. (AP) — Miami Hurricanes linebacker Adarius Hayes was one of the drivers in a two-vehicle crash that left three people dead and at least two others injured, police said. The three who died as a result of the …

14 05, 2025

Toyota Settlement, Walmart Lawsuit Scrapped by CFPB

By | May 14th, 2025|Uncategorized|Comments Off on Toyota Settlement, Walmart Lawsuit Scrapped by CFPB

The U.S. Consumer Financial Protection Bureau has canceled a 2023 settlement with the financing arm of Toyota over allegations the auto giant illegally steered thousands of consumers into costly and unwanted product bundles, according to documents published by the agency. …

14 05, 2025

Steelmaker Nucor Shuts Down Some Output After Cyberattack

By | May 14th, 2025|Uncategorized|Comments Off on Steelmaker Nucor Shuts Down Some Output After Cyberattack

Nucor Corp., the biggest steel manufacturer in North America, shut down production at some of its facilities after detecting an unauthorized intrusion into its computer systems. The company took potentially affected systems offline and implemented other containment measures, Nucor said …

14 05, 2025

Georgia Grants Tax Breaks for Crop Insurance and Disaster Aid After Helene

By | May 14th, 2025|Uncategorized|Comments Off on Georgia Grants Tax Breaks for Crop Insurance and Disaster Aid After Helene

FORSYTH, Ga. (AP) — Georgia’s governor signed a law Thursday to exempt federal crop insurance and disaster payments following Hurricane Helene damage from Georgia state income taxes, but it could be months more before some federal money starts flowing to …

14 05, 2025

New Jersey Announces $450 Million PFAS Settlement With 3M Days Before Start of Trial

By | May 14th, 2025|Uncategorized|Comments Off on New Jersey Announces $450 Million PFAS Settlement With 3M Days Before Start of Trial

New Jersey officials announced a landmark settlement of up to $450 million with 3M Company to resolve the state’s lawsuits and address damage to the state’s water and other natural resources from dangerous chemicals. New Jersey Attorney General Matthew J. …