Despite Recent Backlash, Nearly 60% of U.S. Workers Support Current DEI Policies
While recent events have put corporate America’s diversity efforts on defense, the programs continue to receive strong support from employees, according to new research from The Conference Board
Would Letting Roofers Do More Wind-Mit Work Help Cut Florida’s Insured Losses?
A recent photograph of destruction left by Hurricane Milton’s wind tells the story: An entire roof section on a residential complex in Bradenton, Florida – including rafters and ceiling joists –
60,000 Wawa-Branded Tumblers Recalled Because Their Metal Straws Can Cut Customers
Some 60,000 Wawa-branded beverage tumblers are under recall due to a laceration hazard posed by the products’ metal straw. According to a Thursday notice published by the U.S. Consumer Product S
Changes to Washington Homeowners and Auto Premium Rule to Be Considered
Washington Insurance Commissioner Mike Kreidler has proposed modifying the state’s recently adopted premium change transparency rule. The proposal is specific to Phase 2 of the rule (the automat
US shippers Avoid East Coast Ports on Risk of Second Strike
U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade hubs will go on strike again if their union leader does not land a new contract with employers by a Jan. …
Recreational Cannabis Home Delivery Begins in Arizona
Arizona residents were able to get recreational cannabis delivered to their homes beginning last Friday, marking a new milestone for a state program that until now had allowed the service only for med
Maryland Fears Mobile Home Values Will Shrink as Insurance Disappears
Owners of mobile and manufactured homes in Maryland’s coastal communities and their insurance agents are having difficulty finding insurance coverage as carriers pull away from the market. The p
PepsiCo Beats New York State’s ‘Predatory’ Lawsuit Over Plastics Pollution
PepsiCo won the dismissal of New York’s lawsuit accusing the beverage and snack-food company of polluting the environment with single-use plastic packaging, as the judge criticized the stateR
Delta-8 Hemp, Medical Marijuana Industries to Face Off in Texas Legislative Session
Jack Stinnett got life-changing news in 2020 when he learned the lump that appeared on the side of his neck was tongue and mouth cancer. He and his wife Karen quickly enrolled him at MD Anderson Cancer Center in Houston, …
Data Centers Will Have to Make Minimum Power Payments in Ohio
Big data centers in Ohio will have to pay a minimum of 85% of the energy they need to cover the costs of grid improvements under a settlement submitted Wednesday by one of the state’s largest utilities. The pact was …
Judge Dismisses Lawsuit Against Minnesota Trooper in Fatal Shooting of Black Man
A federal judge has dismissed a civil rights lawsuit against a white Minnesota state trooper who shot and killed a Black man during a traffic stop last year, ruling that the trooper’s actions did not violate the law. On Wednesday, …
Texas Pecan Farmers Fight to Save Water Supply
FORT STOCKTON — Zachary Swick plucked a pecan from one of the 78,000 trees at a sprawling West Texas farm — a rare sight in the desert known for oil rigs and pump jacks. He peeled away the pecan’s layers, …
Texas Assisted Living Facility Fined for Firing Nurse With Sleep Disorder
VibraLife of Katy, LLC, a rehabilitation and assisted living facility in Katy, Texas, will pay $80,000 and furnish other relief to settle a U.S. Equal Employment Opportunity Commission (EEOC) disabili
Ed Sheeran Beats Copyright Appeal Over ‘Thinking Out Loud’ Song
Ed Sheeran, his record label Warner Music WMG.O and music publisher Sony Music Publishing 6758.T persuaded a U.S. appeals court on Friday to uphold a decision that his 2014 hit “Thinking Out Lou
Regional Banks With Florida Operations Brace for Loan Defaults After Hurricanes
Several regional lenders allocated loan-loss provisions in the third quarter to cover potential defaults by borrowers grappling with recent hurricanes, primarily in Florida, highlighting the risks ext
KBRA Says Florida Insurers Will Weather the Storms; Cat Fund Can Handle Payouts
Florida’s Hurricane Catastrophe Fund, a state-created layer of reinsurance, expects to pay out about $4.6 billion to help cover insurers’ losses in Hurricanes Helene and Milton. But that w
Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels
Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all three distribution channels to do it. Due to rising trends in the frequency and severity of weather-related losses and in …
Retrial Begins in Civil Suit Against Contractor Accused in Abu Ghraib Prison Scandal
A military contractor accused of contributing to the abuse of detainees at Iraq’s Abu Ghraib prison two decades ago is again on trial in a federal courtroom after a long-awaited civil case earlier this year ended with a hung jury. …
Global Reinsurers’ ROE Jumps to 22% in 2023, but Market Softening Unlikely: AM Best
AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 – a five-year high that was driven mainly by favorable investment income and strong underwriti
Markets/Coverages: IQUW Launches Financial Institutions Product in Australia
IQUW, the London-based property and specialty re/insurer, has announced that its financial institutions (FI) product, FortiFI, has launched new wording for the Australian insurance market. Launched in
Ardonagh Advisory Agrees to Acquire Rowett Insurance Broking in UK
Ardonagh Advisory announced it has agreed to acquire Rowett Insurance Broking Ltd. in the UK. Rowett specializes in commercial, and personal insurance from its offices in St. Austell and Plymouth, Eng
Ryan Specialty in Discussions to Acquire UK’s Innovisk Capital Partners
Ryan Specialty, the Chicago-based specialty insurance services firm, announced it is in final discussions to acquire Innovisk Capital Partners from Abry Partners and BHMS Investments LP. As a result o
Kremlin Says Google Should Lift YouTube Block on Russian Broadcasters
The Kremlin said on Thursday that Alphabet’s Google should lift its block on Russian TV channels broadcasting on YouTube and said it hoped huge legal claims racking up against the U.S.-based com
Bain-Backed Motor Insurer Esure Draws Interest from Aviva, Allianz
Aviva Plc and Allianz SE are among potential bidders for Britain’s home and motor insurance firm Esure Group Plc, according to people familiar with the matter. Sampo Oyj, which owns British gene
People Moves: Marsh Promotes Lang, Aronson, Rouse in Placement Strategy; Chubb Expands Merna’s Role to Include Multinational Clients
Marsh Makes Global Senior Leadership Appointments Marsh, a business of Marsh McLennan, named Christopher Lang as digital leader, Marsh Specialty and Global Placement. In this newly created role, Lang