May 20, 2024
HOUSTON (AP) — As the Houston area works to clean up and restore power to hundreds of thousands after deadly storms left at least seven people dead, it will do so amid a smog warning and scorching temperatures that could …
May 20, 2024
General Motors and South Korea’s LG Electronics reached a settlement to establish a $150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective batteries, documents filed in a U.S. court on Thursday showed. General Motors first …
May 20, 2024
The U.S. Supreme Court’s decision safeguarding the Consumer Financial Protection Bureau—the nation’s consumer finance watchdog—earned plaudits from supporters of robust federal regulation. But their praise for the court may prove short-lived. Powered by its 6-3 conservative majority, the court has …
May 20, 2024
The U.S. Coast Guard said it is evaluating whether other bridges nationwide are at risk after a cargo ship crashed into the Francis Scott Key Bridge in Baltimore in March, killing six people and destroying the Patapsco River crossing. Coast …
May 20, 2024
Corey Neal took over as executive director of the Florida Insurance Guaranty Association in early 2022, at the height of what many would say were some of the darkest days for the Florida property/casualty market. Two carriers had just been …
May 20, 2024
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Arrow Mutual Liability Insurance Co. AM Best said the credit ratings …
May 20, 2024
New York’s highest court has ruled that a doctor who was injured in a shooting at the hospital where he works cannot sue his employer, finding that his injuries arose out of his employment and are thus covered by workers’ …
May 20, 2024
Maine waterfrontMaine’s government will spend tens of millions of dollars to rebuild the state’s working waterfront communities after a series of devastating winter storms pummeled the state’s docks, wharves and coastal businesses. The back-to-back storms hammered the Northeast in January …
May 20, 2024
A University of Hawaii study examining the health effects of last year’s deadly wildfires on Maui found that up to 74% of participants may have difficulty breathing and otherwise have poor respiratory health, and almost half showed signs of compromised …
May 20, 2024
Property insurers in storm-swept Louisiana could soon gain much more flexibility over policy cancellations if the governor signs House Bill 611 into law, as expected. The state House of Representatives approved the bill by a vote of 82 to 15, …