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Army Adjusts Safety Policy, Reduces Flights at DC Airport Following January Collision

The Army has made changes to how its helicopters use a safety system that broadcasts aircraft location and has reduced the number of flights over Washington following a collision with a passenger jet that killed 67 people, the head of …

Roof Repair and Replacement Costs Up Nearly 30% Since 2022: Verisk

Roof repair and replacement cost value totaled nearly $31 billion last year — up nearly 30% since 2022, according to a new report from Verisk. The strategic data analytics and technology provider reported that roof-related line items made up more …

Market/Coverages: Marsh Offers Bermuda Cyber Excess Facility With $30M of Capacity

Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of CyberShore Bermuda, an exclusive, excess cyber insurance facility that provides Marsh clients with enhanced protection and a streamlined client experience. CyberShore Bermuda provides up to $30 million in …

Corporate Credit Tremors in Aftershock of Tariff-Led Stock Rout

The tariff shock and recession fears that have sent world stocks into a tailspin over the last week are rolling into corporate funding markets, raising the cost of borrowing and disrupting financing plans even for lower-risk companies. With U.S. Treasuries …

What Two Oil Firm Ads Show About Where UK Regulator Draws Line on Greenwashing

An ad for TotalEnergies SE inflated the oil company’s investments in renewable energy, misleading consumers, the UK’s advertising regulator ruled on Wednesday. Another commercial for Shell, which promoted its investments in EV charging stations and renewable energy, as well as …

Trump Issues Order to Block State Climate Change Policies

U.S. President Donald Trump issued an executive order on Tuesday that aims to block the enforcement of state laws passed to reduce the use of fossil fuels and combat climate change. The move is the latest in a string of …

Rebates on HO Premiums? It’s a Thing, Orion180 Says in Launching Florida Coverage

Orion180, a property insurance and surplus lines carrier founded in Melbourne, Florida, in 2016, has now started writing policies in the state where it is headquartered. And it is doing so with what appears to be an unusual strategy: Rebates …

Court: 911 Not Part of Emergency Services, Barring Dispatcher Liability Coverage

A 911 dispatch center is not necessarily part of a county’s emergency services department and is not covered by a secondary liability insurance policy, a federal appeals court found this week in a decision that will cost Travelers several million …

After Decades of Abuse Complaints, New York Pediatrician Ordered to Pay $1.6 Billion

Starting in the 1980s, New York law enforcement and health officials fielded sexual abuse complaints from the young patients of a respected pediatrician who ran his practice out of a basement office in his home on Long Island. But Stuart …

Hawaii’s Kilauea Volcano Spews Fountains of Lava in Latest Eruption

Scientists were bracing for high lava fountains during the latest episode of an ongoing eruption of Hawaii’s Kilauea volcano. Lava fountains have reached heights of 1,000 feet (305 meters) during eruptive episodes in recent weeks, drawing visitors to marvel at …

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