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French Court Refuses to Dismiss Fire Charges Against Buffett-Owned Lubrizol

A French appeal court on Wednesday rejected a request by chemicals group Lubrizol to have judicial charges over a fire at a plant in Rouen quashed because of alleged irregularities in the investigation, a lawyer for the company said. The …

Florida Governor Cites ‘Unintended Consequences’ in Veto of Auto Insurance Bill

Florida Governor Ron DeSantis has vetoed a measure intended to replace auto insurance personal injury protection (PIP) coverage with bodily injury coverage limits and a requirement that insurers offer medical payments coverage. In a letter time-stamped at 9:12 pm last …

VW to Appeal Court Ruling That Clean Air Act Doesn’t Bar State Suit Over Emissions

Ohio’s Supreme Court on Tuesday cleared the way for the state’s attorney general to move forward with a lawsuit against Volkswagen AG over its “Dieselgate” scandal and manipulation of emissions-control systems. The court ruled 6-1 that the federal Clean Air …

U.S. Goes on Offense to Fight Growing Threat of Cyber Attacks

For the last several years, FBI agents debated turning the tables on hackers by remotely accessing breached computer networks and booting out the attackers caught in mid-hack. They got their chance earlier this year after state-backed Chinese hackers compromised thousands …

Florida Condo Association President Warned in April of Worsening Condition

SURFSIDE, Fla. โ€” Search-and-rescue teams pulled two more bodies from the concrete and steel rubble of a partially collapsed Florida condominium tower on Monday, bringing the death toll to 11 with 150 people still listed as missing four days after …

Denmark’s Central Bank Compromised by SolarWinds Cyber Attack: Media Report

COPENHAGEN โ€“ Denmark’s central bank was compromised in last year’s global SolarWinds hacking operation, leaving a “backdoor” to its network open for seven months, IT media Version2 reported on Tuesday, citing documents related to the case. The hackers, accused by …

EU Weighs Measures to Bring Financial Sector into Line with Its Climate Plans: Sources

The European Union is considering a wide range of measures to bring the bloc’s financial sector into line with its climate plans, sources who have seen a European Commission strategy paper told Reuters. The document outlines several actions including combating …

QBE Re Opens Office in Colombia, Hiring Hofmann from Howden

QBE Re announced the opening of a new Colombian office and a key regional hire to support local reinsurance in Latin America. The new office will be located in Bogotรก, Colombia, and will write life reinsurance business. It will be …

UK Government Expected to Back Insurance Scheme for Live Entertainment

The British government is expected to announce an insurance scheme in the coming weeks for live events, including festivals, theater and sports, to allow them to go ahead despite the pandemic, insurance industry sources said. Insurers have since last year …

Autonomous Farming Vehicles Cropping Up in South Dakota

A John Deere tractor is pulling a grain cart. Dust swirls around the equipment as the tractor roars by. That’s a familiar sight in South Dakota. But there’s something different about this tractor. The cab is empty. The tractor is …

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