Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s July 16, 2024 By Ezra Amacher U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s...
Catastrophe Bondholders Sidestep Large Losses From Weather-Related Calamities July 16, 2024 By Gautam Naik Last month, amid reports that Hurricane Beryl would become the earliest Category 5 hurricane in history, a group of money...
Hawaiian Residents Return Home After Crews Contain Wind-Swept Wildfire July 16, 2024 Firefighters have contained a wind-swept wildfire that was threatening about 200 homes on the Hawaiian island of Kauai, authorities said...
Buffett’s Berkshire Hathaway Sets, Closes at Record High July 16, 2024 By Jonathan Stempel Berkshire Hathaway’s share price set a record high on Monday, reflecting investors’ confidence in Warren Buffett’s company, which is often...
Amazon Must Comply With EEOC’s Pregnancy Bias Probe, Judge Rules July 16, 2024 By Daniel Wiessner A New York federal judge has ordered Amazon.com to comply with a subpoena from a U.S. civil rights agency investigating...
TWIA Actuarial Committee Recommends 10% Rate Increase for 2025 Policies July 16, 2024 The Texas Windstorm Insurance Association Actuarial & Underwriting Committee voted on Monday, July 15 to recommend that the TWIA Board...
Michigan Health Care System to Pay $30K Over Racial Discrimination Suit July 16, 2024 Beaumont Health (now Corewell Health), a health care system in southeast Michigan, will pay $30,000 and furnish other relief to...
Marathon Oil Reaches $241M Settlement for Air Quality Violations in North Dakota July 16, 2024 By Steve Karnowski The federal government announced a $241.5 million settlement with Marathon Oil last week for alleged air quality violations at the...
CenterPoint Sued Over Hurricane Beryl Power Outages in Houston July 16, 2024 By Madlin Mekelburg A group of Houston restaurants that lost power for days after Hurricane Beryl sued the city’s main utility, accusing CenterPoint...
Crew of Capsized Oil Tanker Off Oman Still Missing, Maritime Center Says July 16, 2024 The 16-strong crew of a Comoros-flagged oil tanker that capsized off Oman are still missing, the country’s maritime security center...