26 04, 2022

Rule Aims to Make Florida Electricity 100% Renewable by 2050

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Florida utilities would gradually increase their electricity to 100% renewable by 2050 under a proposed rule unveiled Thursday by the state’s agriculture commissioner. The proposed rule is an outgrowth of a lengthy court battle involving dozens of young people who …

26 04, 2022

London Market Continues to Benefit From Rising Rates and Other Tailwinds: AM Best

By | April 26th, 2022|Uncategorized|Comments Off on London Market Continues to Benefit From Rising Rates and Other Tailwinds: AM Best

Upward premium rate momentum is expected to continue support underlying performance for the London market, despite mounting challenges connected to climate modeling, claims inflation and the war in Ukraine, according to AM Best. “London market re/insurers have enjoyed several consecutive …

25 04, 2022

McDonald’s Beats Back Challenge to Settlement With U.S. Labor Agency

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McDonald’s Corp. on Friday defeated a union-backed organizing group’s challenge to a settlement with a U.S. labor agency over claims that the company helped franchisees across the country suppress workers’ demonstrations calling for higher wages. The U.S. Court of Appeals …

25 04, 2022

Air Lease to Write Off Value of 27 Jets Stranded in Russia

By | April 25th, 2022|Uncategorized|Comments Off on Air Lease to Write Off Value of 27 Jets Stranded in Russia

Air Lease Corp. said on Friday it would write off the value of the 27 jets it has remaining in sanctions-hit Russia, a move that is expected to lead to charges of about $802 million. Global aircraft leasing companies have …

25 04, 2022

Kentucky Tornado Survivors Rebuilding With Help of Others

By | April 25th, 2022|Uncategorized|Comments Off on Kentucky Tornado Survivors Rebuilding With Help of Others

Sundays at the Bullock home in rural Kentucky were once filled with lasting memories: big family dinners, cornhole, basketball and karaoke. Those gatherings ended the night of Dec. 10, when a massive tornado obliterated their Dawson Springs house, trapping Chris …

25 04, 2022

U.S. Trucking Downturn Foreshadows Possible Economic Gloom

By | April 25th, 2022|Uncategorized|Comments Off on U.S. Trucking Downturn Foreshadows Possible Economic Gloom

Craig Fuller monitors millions of transactions between U.S. truckers and their customers as chief executive of transportation data company FreightWaves – and he does not like what he is seeing. There has been an unexpectedly sharp downturn in demand to …

25 04, 2022

Thorny Issues Face Boy Scouts Bankruptcy Judge

By | April 25th, 2022|Uncategorized|Comments Off on Thorny Issues Face Boy Scouts Bankruptcy Judge

More than two years after the Boy Scouts of America sought bankruptcy protection to stave off a flood of lawsuits alleging child sexual abuse by Scout leaders and volunteers, a Delaware judge is weighing whether to confirm the BSA’s reorganization …

25 04, 2022

Texas Division of Workers’ Comp Seeks Comments on Income Benefits Form

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The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is accepting public comments on a proposed new form: DWC Form-033, Request to Reduce Income Benefits Due to Contribution. Adopting this form is necessary to allow insurance carriers a way …

25 04, 2022

Maine Attorneys General Finds 4 Officers Justified in Using Deadly Force in 2 Incidents

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Maine Attorney General Aaron Frey’s office released findings Friday that four law enforcement officers were legally justified in using deadly force in fatal shootings in Old Town and Falmouth. The conclusions were reached in separate incidents, one in which a …

25 04, 2022

TWIA Committee to Meet April 27 to Plan Report to Legislature

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The Texas Windstorm Insurance Association (TWIA) Board’s Legislative & External Affairs Committee will meet on April 27 at 10:00 a.m. CT. At this meeting, the Committee will begin planning the Association’s Biennial Report to the Texas Legislature. The agenda for …