insurance News

California Suit Says Oil Giants Deceived Public on Climate, Seeks Funds for Storm Damage

The state of California filed a lawsuit against some of the world’s largest oil and gas companies, claiming they deceived the public about the risks of fossil fuels now faulted for climate change-related storms and wildfires that caused billions of …

California Lawmakers Approve Nation’s Most Sweeping Emissions Disclosure Rules for Big Business

Major corporations from oil and gas companies to retail giants would have to disclose their direct greenhouse gas emissions as well as those that come from activities like employee business travel under legislation passed by California lawmakers, the most sweeping …

Truck Driver Who Triggered Deadly Arizona Freeway Collision Had Just Been on Tiktok

A tractor-trailer driver was on the social media app TikTok just before causing a Phoenix-area freeway collision that killed five people, authorities said. The Arizona Department of Public Safety announced in a news release that 36-year- old Danny G. Tiner …

Thousands of Southern California Hotel Workers Strike, Demanding Better Pay and Benefits

Thousands of hotel workers in Southern California walked off the job on Sunday, demanding higher pay and better benefits in what the union is calling the largest strike in its history. Cooks, room attendants, dishwashers, servers, bellmen and front desk …

Major New Mexico Transmission Line OK’d for Renewable Energy in West

The U.S. government is greenlighting a proposed multibillion-dollar transmission line that would send primarily wind-generated electricity from the rural plains of New Mexico to big cities in the West. The Interior Department announced its record of decision for the SunZia …

California Companies Pay Higher Taxes for Unemployment Debt

One potential consequence of California’s ballooning budget deficit: Higher taxes for businesses, with increases possible every year for the next decade. Business owners pay a tax on each of their workers. The money goes into a fund that states use …

Oregon Closer to Magic Mushroom Medical Therapy

Oregon was taking a major step Friday in its pioneering of legalized psilocybin therapy with the graduation of the first students trained in accompanying patients tripping on psychedelic mushrooms, although a company’s bankruptcy has left another group on the same …

Former NFL Player Indicted in Texas Following DOI Investigation

Former NFL player Corey Bradford pleaded guilty to submitting fraudulent health reimbursement claims after an investigation by the Texas Department of Insurance Fraud Unit. The TDI investigation late last month found that Bradford submitted claims totaling more than $224,000 to …

Cannabis Vote Has Oklahoma Hungry to Rake in Green From Texas

Tens of thousands of Texans from the bustling Dallas-Fort Worth area routinely drive across the Red River to gamble in glitzy, Las Vegas- style tribal casinos or to relax at cabins or swim and ski in lakes that dot southern …

California High Schoolers to Learn Insurance Under Mandatory Finance Education Bill

How many adults not in the insurance industry can explain the risks financial loss and how insurance shares that risk, or identify factors impacting insurance premiums and grasp the relationship between premiums, deductibles, and coverage limits? How many can state …