6 03, 2026

More Tankers Come Under Attack as US-Iran Conflict Spreads in the Region

By | March 6th, 2026|Uncategorized|Comments Off on More Tankers Come Under Attack as US-Iran Conflict Spreads in the Region

More tankers came under attack in Gulf waters on Thursday as the U.S.–Iran war escalated, and Iranian drones entered Azerbaijan, threatening to spread the crisis to more oil producers in the region. A Bahamas-flagged crude oil tanker was targeted by …

5 03, 2026

Lloyd’s Market Engaging With US on Gulf Maritime Plan, Officials Say

By | March 5th, 2026|Uncategorized|Comments Off on Lloyd’s Market Engaging With US on Gulf Maritime Plan, Officials Say

The Lloyd’s of London market is engaging with the U.S. government’s International Development Finance Corporation over a plan to provide political risk insurance and guarantees for maritime trade in the Gulf, Lloyd’s market officials said on Thursday. “Lloyd’s is engaging …

5 03, 2026

Moderna to Pay About $1 Billion to Settle Arbutus Litigation

By | March 5th, 2026|Uncategorized|Comments Off on Moderna to Pay About $1 Billion to Settle Arbutus Litigation

Moderna Inc. agreed to pay $950 million to settle litigation related to the delivery technology behind its Covid shot, removing a looming financial risk for the struggling vaccine maker. The company has settled all litigation worldwide with Arbutus Biopharma Corp. …

6 03, 2026

Severe Storms in Kansas Lead to $879 Million in Insurance Claims in 2025

By | March 6th, 2026|Uncategorized|Comments Off on Severe Storms in Kansas Lead to $879 Million in Insurance Claims in 2025

Severe storms in Kansas caused $879 million in insurance claims in 2025, the state insurance department said. More than 82,000 total storm claims reported in 2025. The claim amounts was a 99% increase from 2023, which totaled 147,710 claims and …

7 03, 2026

High-Tech Snowplows and AI Help Cities Recover From Storms, Cut Insurance Claims

By | March 7th, 2026|Uncategorized|Comments Off on High-Tech Snowplows and AI Help Cities Recover From Storms, Cut Insurance Claims

Residents of Syracuse, New York — America’s snowiest city — once barraged a service hotline with street neglect complaints during blizzards, even if plows had passed two hours earlier but the work was hidden by fresh snow. Now public trust …

6 03, 2026

Seafarers Can Refuse to Sail Through Mideast Gulf Region, Main Union Says

By | March 6th, 2026|Uncategorized|Comments Off on Seafarers Can Refuse to Sail Through Mideast Gulf Region, Main Union Says

Seafarers have the right to refuse to sail on ships passing through the Middle East Gulf, including the Strait of Hormuz, after the threat level for the region was raised to its highest level, the leading labor union and shipping …

6 03, 2026

Google Gemini Accused of Coaching Florida Man to Suicide

By | March 6th, 2026|Uncategorized|Comments Off on Google Gemini Accused of Coaching Florida Man to Suicide

Google is facing a lawsuit from the family of a 36-year-old Florida man who allegedly considered carrying out a “mass casualty attack” and ultimately killed himself under the influence of the company’s Gemini chatbot. According to a suit filed Wednesday …

6 03, 2026

After Buyout, Universal North America Changes Name to One Alliance

By | March 6th, 2026|Uncategorized|Comments Off on After Buyout, Universal North America Changes Name to One Alliance

A year after it was acquired by its CEO’s new holding company, Universal North America has added offices in Florida and changed its name. Universal Insurance Co. of North America, admitted in Florida with offices in Sarasota and in Orlando, …

6 03, 2026

Strait of Hormuz Shipping Is at Near-Total Halt, JMIC Says

By | March 6th, 2026|Uncategorized|Comments Off on Strait of Hormuz Shipping Is at Near-Total Halt, JMIC Says

Maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going through in the past 24 hours, as the Middle East war disrupts the vital waterway. A review of shipping signals have confirmed …

6 03, 2026

Westchester Close to Settling $230M-Plus Hurricane Condo Claim

By | March 6th, 2026|Uncategorized|Comments Off on Westchester Close to Settling $230M-Plus Hurricane Condo Claim

Westchester Surplus Lines Insurance has reached a settlement with a Florida condominium association in a hurricane claim, three years after the condo claimed damages that insurers said were so inflated that they were termed “outrageous.” “This matter involves an egregious …