Update: Ship that Blocked Suez Canal to Be Released; Formal Settlement Is Agreed July 4, 2021 ISMAILIA, Egypt — The owners and insurers of the Ever Given container ship that blocked the Suez Canal in March...
Ohio Governor Says Fines to Remain for Pandemic Rule-Breaking Businesses July 2, 2021 By Andrew Welsh-Huggins Refunding fines to Ohio businesses cited for violating public health orders during the coronavirus pandemic would send a “horrible” message...
P/C Insurers Defend Ransomware Reimbursements in New Cyber Principles July 2, 2021 By Andrew G. Simpson The nation’s largest property/casualty insurance organization is defending ransom payment reimbursements by insurers in a new set of principles stressing...
The Texas Department of Insurance Issued a Notice about New Online Agent Exams July 2, 2021 The Texas Department of Insurance issued a notice this week of the availability of a new option to take a...
Technology Experts to Analyze Cause of Surfside Condo Collapse July 2, 2021 A team of technical experts from the federal government and outside specialists are going to gather building material samples and...
Economist Says Huntington, West Virginia Opioid Response Will Cost $2.5 billion July 2, 2021 A 15-year plan to abate the opioid crisis in a West Virginia community will cost local officials $2.5 billion, a...
PG&E in California Seeks $3.6B in Rate Hikes for Wildfire Safety July 2, 2021 Pacific Gas & Electric asked regulators Wednesday to grant a $3.6 billion rate hike to help it pay for hardening...
Boys Scouts Reaches $850M Settlement With Group of Sex Abuse Survivors July 2, 2021 By Katherine Doherty and Steven Church The Boy Scouts of America reached settlement with a major group of sex-abuse survivors, a defining moment in the organization’s...
Tesla Auto Caught Fire During Driving, Lawyer Alleges July 2, 2021 By Hyunjoo Jin and David Shepardson A Tesla Inc. Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three...
Insurers’ Own Infrastructure Could Be Next Targets of Cyber Criminals July 2, 2021 By Mark Hollmer As “the next digital pandemic,” cyber risks are increasingly becoming a problem for insurers themselves, according to an industry expert....