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Auto Safety Regulators To Watch Unrecalled Takata Inflators After One Blows Apart, Injuring a Driver in Chicago

DETROIT (AP) – U.S. auto safety regulators said Monday they are monitoring data from a group of mostly unrecalled Takata air bag inflators after one of them exploded in a BMW and hurled metal fragments that seriously injured a driver …

University of Penn Sued by Students Claiming Antisemitism on Campus

The University of Pennsylvania was sued by a pair of students who claim the campus was a hotbed of antisemitism even before Hamas attacked Israel on Oct. 7. Penn became the third major US college, after New York University and …

AM Best Maintains Stable Outlook for U.S. Property/Casualty Commercial Lines

Persistently strong underwriting performance during and after the global pandemic – despite substantial economic and capital markets volatility – has prompted AM Best to maintain its “stable” outlook for the US property/casualty commercial lines segment. Premium rates for most of …

Magnitude 5.1 Earthquake Felt Widely Across Big Island of Hawaii

A magnitude 5.1 earthquake on the Big Island of Hawaii was felt widely, but there were no reports of damage or injury, officials said. The earthquake hit at 5:54 p.m.on Monday near the Kilauea volcano at a depth of 1 …

IMA Financial Adds EBS Insurance Brokers in Massachusetts

Denver-based insurance brokerage IMA Financial Group reports it is expanding its employee benefits practice nationally with the acquisition of EBS Insurance Brokers of Newton, Massachusetts. EBS and its 30 employees offer health and welfare plan administration, executive and international benefits …

Hailstorm Claims Risk Undermining Solar Energy, Insurer Says

Solar farms around the world are under threat due to costly hailstorm-related claims, according to renewable energy underwriter GCube Insurance. Hail was the costliest category for insurance claims by the renewables industry in the last five years, averaging around $58.4 …

Humanity on Verge of 5 Climate Tipping Points, Report Warns

Five major global “tipping points” are in danger of being crossed at current levels of warming, a new study warns, leaving humanity at an inflection point between two potential futures. An international team of more than 200 researchers identified 26 …

Bayer Ordered to Pay $3.5 Million in Latest Roundup Weedkiller Trial

Bayer was ordered on Tuesday to pay nearly $3.5 million by a Philadelphia jury that found the company’s Roundup weedkiller caused a woman’s cancer, the company said, the latest in a string of trial losses for the company as it …

Families Sue Fla. Dollar General, Landlord Over Lax Security After Shooting That Killed 3

JACKSONVILLE, Fla. (AP) — Family members of three Black people fatally shot at a Dollar General store in north Florida by a racist gunman have sued the store’s landlord, operator and security contractor for negligence, claiming lax security led to …

Here Are Details of Trafigura’s Suit Against Businessman Gupta in Alleged Nickel Fraud

Indian businessman Prateek Gupta asked a London judge on Tuesday to lift an order freezing his personal and business assets, alleging that commodity trader Trafigura failed to disclose full information when it sought the injunction. In a court document, Trafigura …

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