Monthly Archives: <span>May 2024</span>

EU Commission Eyeing Exemptions for ‘Forever Chemicals’ Ban, Letter Shows

The European Commission is planning to allow exemptions from a proposed ban on substances known as PFAS, or “forever chemicals,” to protect key industries, a letter seen by Reuters on Wednesday showed. In the letter to some EU lawmakers in …

Jury Awards $9M to Player Who Sued US Tennis Association Over Coach’s Sexual Abuse

A tennis player was awarded $9 million in damages by a jury in federal court in Florida after accusing the U.S. Tennis Association of failing to protect her from a coach she said sexually abused her at one of its …

Range Rover Buyers Offered Insurance Cash After String of Thefts

Jaguar Land Rover Automotive Plc is offering to pay part of customers’ insurance costs for new Range Rovers after a string of thefts caused premiums to soar and left some unable to get cover. The British carmaker will provide £150 …

Brazilian Floods Are Inflicting Billions in Economic Devastation

The floods and severe rainfall that ravaged Southern Brazil are hurting the nation’s powerhouse agricultural sector, with industries from auto manufacturing to banking and insurance also bracing for disruption. Heavy rains in Rio Grande do Sul, Brazil’s southernmost state, left …

The World’s Biggest Carbon Removal Plant Comes Online in Iceland

Amid the steam rising around Iceland’s Hellisheioi station sits a newly built warehouse surrounded by giant fans run by carbon removal startup Climeworks. Dubbed Mammoth, the project is now the world’s biggest plant to suck carbon dioxide from the air. …

Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance

Property insurance groups on Wednesday applauded a decision by Fannie Mae and Freddie Mac to hold off on an apparent plan to scrutinize mortgages on homes that don’t carry full replacement-value insurance coverage. The decision by Fannie and Freddie to …

Safety Lapses Contributed to Patient Assaults at Oregon State Hospital: Federal Report

Safety lapses at the Oregon State Hospital contributed to recent patient-on-patient assaults, a federal report on the state’s most secure inpatient psychiatric facility has found. The investigation by the Centers for Medicare and Medicaid Services found that staff didn’t always …

Judge Dismisses Suit by Mother Who Claimed School Hid Teen’s Gender Expression

A federal judge dismissed a lawsuit brought by a Maine woman who accused school officials of encouraging her teen’s gender expression by providing a chest binder and using a new name and pronouns, without consulting parents. U.S. District Judge Jon …

Report: California Workers’ Comp Written Premium Increased 2% in 2023

Written premium in calendar year 2023 was 2% higher than the prior year, driven by continued economic expansion, but partially offset by continued rate decreases, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California on Wednesday released …

Nevada Launches Home Insurance Tool to ID Carriers by ZIP

The Nevada Division of Insurance is launching a web-based tool that enables Nevada consumers to identify insurance carriers that are currently accepting home insurance applications by specific ZIP code. The NVDOI said its tool is a recognition that personal home …