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Legal Fights over California Oil Spill Likely to Last Years

It took little more than 48 hours from the moment a major oil spill was discovered off Southern California until the first lawsuit was filed against the Houston company that owns and operates the ruptured pipeline. Finding the cause, who …

Surging California Winds Spark New Wildfires, Power Outages

Blustery winds still surged through California on Tuesday after downing trees, fanning wildfires and shutting off power to about 21,000 customers in northern and central regions. Red flag warnings of dangerous fire conditions continued in mountains, valleys, canyons and deserts …

Federal Judges Uphold Status Quo in Rulings on 3 New York COVID Vaccine Mandates

Federal judges issued three different decisions on New York state and city requirements for Covid-19 vaccinations, upholding the status quo as the contentious issue winds it way through the court system. New York City’s program requiring proof of vaccination to …

SEC Looking Into Use of Personal Digital Devices by Financial Professionals: Reuters

The U.S. Securities and Exchange Commission (SEC) has opened a broad inquiry into how Wall Street banks are keeping track of employees’ digital communications, three people familiar with the matter told Reuters. SEC enforcement staff contacted multiple banks in recent …

Federal Law Likely Overrides Texas Ban on Vaccine Mandates

Texas Governor Greg Abbott’s ban on COVID-19 vaccine mandates will likely be superseded by the Biden administration plan to require shots for workers, but the dueling rules could take months to sort out in court, creating uncertainty for employers with …

Are Public, Private Partnerships the Answer to Cybersecurity’s Risk Management Problem?

The Biden Administration is increasingly prioritizing growing ransomware threats as a risk management problem, according to guests on the latest episode of The Insuring Cyber Podcast. This comes as four insurance firms — Travelers, Coalition, Resilience Cyber Solutions and Vantage …

Strong Earthquake Jolts Greek Island of Crete, 3 Weeks After Another Temblor

ATHENS, Greece (AP) – A strong earthquake jolted the Greek island of Crete on Tuesday, three weeks after another temblor killed a man and damaged hundreds of buildings. The Geodynamic Institute in Athens said the undersea earthquake had a preliminary …

People Moves: New Hires at NFP, Alliant, RT Specialty

NFP Hires Terracciano to Risk Management and Complex Risk Practice NFP, an insurance broker and consultant that provides property/casualty, corporate benefits, retirement and individual solutions, hired Robert Terracciano as a senior vice president in its risk management and complex risk …

New Jersey Construction Worker Hurt in Three-Story Fall Down Elevator Shaft

A construction worker was critically injured in a three-story fall down an elevator shaft at a New Jersey construction site, authorities said. Chief Michael Foligno of the Elmwood Park, New Jersey, police department said the 23-year-old man was working at …

Johnson & Wales University Sues Insurer Over Pandemic Losses

Johnson & Wales University is suing its insurer over financial losses caused by the coronavirus pandemic, alleging the company breached its contract because it did not allow the university to claim pandemic-related economic losses. The university, whose main campus is …

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