Yearly Archives: <span>2023</span>

Tornado Causes Damage East of Houston

PASADENA, Texas (AP) – A powerful storm system took aim at the Gulf Coast on Tuesday, spawning a tornado that downed utility poles and power lines, overturned vehicles and ripped roofs off homes and businesses in communities east of Houston. …

Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030

Embedded insurance – a concept in which insurance is wrapped into the purchase of a product at the point of sale – could exceed $70 billion in premium by 2030, according a new report by Conning. This is on par …

Shareholders Can Sue McDonald’s Ex-Executive in Landmark Ruling

Shareholders can sue McDonald Corp’s former global chief people officer for the damage they claim he caused to the restaurant chain by allegedly allowing a culture of sexual harassment to flourish, according to a groundbreaking legal ruling. The decision marks …

Few Florida Carriers Filed for Arbitration in 2022, But It’s Coming, Attorneys Say

After American Integrity Insurance Co. filed for a binding arbitration endorsement on homeowner policies one year ago, many in the industry expected a wave of other insurers to follow suit as claims litigation costs continued to rise in Florida. So …

ACLU Sues Bennington Police Over 2016 Investigation, Arrest

BENNINGTON, Vt. (AP) — A Bennington man is suing the town, its police chief and two officers, accusing them of violating his constitutional rights by arresting him in the 2016 armed robbery of two convenience store workers even though he …

Bill Advances in New Mexico to Gird Against Climate Crises

A legislative panel advanced a bill this week that would help local governments plan in advance for climate-related threats to public health such as wildfires, flooding, extreme heat and rapid erosion. The initiative from Democratic state Sen. Liz Stefanics of …

5 Dead in Wyoming Highway Crashes Caused by Wrong-Way Driver

A series of crashes caused by a wrong-way driver on Interstate 80 killed five people and seriously injured others in south-central Wyoming. The driver was arrested on suspicion of driving while impaired, according to a Wyoming Highway Patrol statement. Highway …

Army Officer Seeks New Civil Trial in Virginia Over Violent Traffic Stop

RICHMOND, Va. (AP) — Attorneys representing a U.S. Army lieutenant who was pepper-sprayed, struck and handcuffed during a traffic stop have filed a motion for a new trial after a jury found mostly in favor of the police officers. Attorney …

Construction Industry Outlook 2023: Pivot to Pursue Growth in the Face of Macroeconomic Headwinds

This post is part of a series sponsored by IAT Insurance Group. The potential for recession, continued inflation, critical labor shortages and supply chain issues will loom large over construction in 2023. Additionally, many eyes are on interest rates in …

Judge Dismisses Former Charlottesville Police Chief’s $10M Wrongful Termination Suit

A federal judge has dismissed a former Virginia police chief’s $10 million wrongful termination lawsuit saying she didn’t have sufficient evidence of discrimination, conspiracy or malice. U.S. District Judge Norman Moon said in an opinion published online Monday that he …