8 08, 2022

More Grain Ships Safely Depart From Ukrainian Black Sea Ports

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Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking the total to ten since the first ship sailed last week under a deal with Russia to unblock Ukrainian grain …

8 08, 2022

Rhine River Water Levels in Germany Keep Falling, Forcing Ships to Sail Partly Loaded

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Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot sail fully loaded, vessel brokers and commodity traders said on Monday. Shallow water is causing problems for shipping on the …

8 08, 2022

Gallagher Calls Alliant’s Filing in Poaching Suit a ‘Masterclass in Deflection’

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In the latest in the back-and-forth court filings between Arthur J. Gallagher and Alliant Insurance Services, Gallagher said its competitor is putting on a “masterclass in deflection” to prevent the court from granting a restraining order against Alliant. Late last …

8 08, 2022

Berkshire Hathaway Posts $43.8 Billion Loss as Stock Holdings Tumble

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The slide in U.S. stock prices punished Berkshire Hathaway Inc’s bottom line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss. Berkshire nevertheless generated nearly $9.3 billion of operating profit, …

8 08, 2022

Agency Partnerships: MarshBerry Platform, First Choice Agents Alliance Combine

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The MarshBerry Platform announced it has merged with First Choice Agents Alliance (FCAA). The merger will position the combined firms as one of the insurance brokerage industry’s top agency partnerships. MarshBerry Platform and FCAA, each on their own, represent two …

8 08, 2022

Phone Call With Insurer Does Not Void Insured’s Prior Rejection of Coverage

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A motorcycle driver’s signed waiver of underinsured motorists coverage in 2004 was still in effect 15 years later when he was in a tragic crash despite a phone conversation he had in 2014 with a representative for his direct insurer …

8 08, 2022

‘Community Lighthouses’ to be Powered by the Sun and Volunteers

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Enthusiastic church volunteer Sonia St. Cyr lost something she treasures during the blackout caused by Hurricane Ida — her independence, afforded her by the electric wheelchair she expertly maneuvers over bumpy city sidewalks. “After Ida I was housebound,” said St. …

8 08, 2022

Fire Victims Seek $85M for Damages in Fire that Covered California and Nevada

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People who lost their homes and property in last summer’s Tamarack Fire in northern Nevada and California have filed a claim against the U.S. Forest Service seeking more than $85 million. The filing by attorney Bill Jeanney of Reno on …

8 08, 2022

Oregon’s Wildfire Risk Map Emerges as Climate Flashpoint

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A new map in Oregon that rated the wildfire risk of every tax lot in the state – labeling nearly 80,000 structures as high-risk – generated so much pushback from angry homeowners that officials abruptly retracted it, saying they had …

8 08, 2022

Experts: Southwest Florida to See Daily Tidal Floods by 2100

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In the year 2100, Fort Myers, Florida will see only one day in which nuisance high tide flooding isn’t an issue. And Naples will be flooded by incoming tides every day, according to the latest tide predictions coming from the …