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Rural Maine Train Derailment Was Caused by Beaver Dam, Officials Say

SANDWICH ACADEMY GRANT TOWNSHIP, Maine (AP) — A train derailment in rural Maine that spilled hundreds of gallons of fuel and hospitalized three workers was attributable to a beaver dam, state officials said. The April 2023 freight train derailment took …

Aviva’s India Arm Hit With $7.5 Million Fine for Fake Invoice Scheme, Order Shows

Indian authorities have ordered British insurer Aviva’s local unit to pay $7.5 million in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and claimed incorrect tax credits, an order shows. The tax …

California Insurance Commissioner Rejects State Farm’s 22% Rate Request

California Insurance Commissioner Ricardo Lara did not approve an emergency, interim 22% rate request from State Farm, instead calling a meeting with the carrier to get some answers about the carrier’s financial situation and more. State Farm General earlier this …

California Wildfire Mitigation And Recovery Bill Package Introduced

California Insurance Commissioner Ricardo Lara and a group of state lawmakers are pushing a 10-bill legislative package designed to improve disaster preparedness and help protect wildfire survivors. The bills intended focus are on consumer protection, climate resiliency and market strength. …

Texas County Approves Election for New City Starbase Near SpaceX Site

A Texas county on Wednesday approved holding an election sought by SpaceX that would let residents living around billionaire Elon Musk ‘s company decide whether to formally create a new city called Starbase. The election was set for May 3 …

Texas Power Grid Says State’s Energy Demand May Exceed Supply in 2026

Texas’ main grid operator on Thursday forecast that the state’s growing demand for power could surpass its available energy supply beginning in summer 2026. In a report outlining potential supply and demand over the next five years, the Electric Reliability …

People Moves: iink Names Fleszar as CEO

iink, a provider of technology to streamline the property damage insurance claims process and support faster payments to contractors, property owners, and claim professionals, is pleased to announce the appointment of Scott Fleszar as its new Chief Executive Officer. Mr. …

Settlement Reached in North Dakota Lawsuit Against White Nationalist Hate Group

Two North Dakota nonprofits have settled their lawsuit against a white nationalist hate group that alleged it intimidated immigrant business owners, though the details are unclear. A court docket entry last week gave notice of the settlement following a conference …

Renewal Rates Up YOY for All Commercial Lines Except Workers Comp: Ivans

Premium renewal rates increased year over year for all major commercial lines, except workers’ compensation, according to the January 2025 results of the Ivans Index. Month over month, commercial auto, business owners policy (BOP), and commercial property experienced decreases in …

Los Angeles Sees Mudslides With Heavy Rains

Heavy rains caused flooding and mudslides in Los Angeles late Thursday and early Friday, as authorities ordered evacuations and warned of potentially dangerous conditions across land burned by last month’s devastating wildfires. About half a foot of rain has fallen …

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