December 6, 2023
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 …
December 6, 2023
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 …
December 6, 2023
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 …
December 6, 2023
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 …
December 6, 2023
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 …
December 6, 2023
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 …
December 6, 2023
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 …
December 6, 2023
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 …
December 6, 2023
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 …
December 6, 2023
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 …