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Tropical Storm Eta’s Rains Threaten Floods for South Florida, Cuba, Bahamas

Nov 10, 2020, 4:33 AM— After coming ashore in the Florida Keys overnight, Tropical Storm Eta is now hovering just north of the Yucatan Channel and is set to re-strengthen as it meanders over the south-eastern Gulf of Mexico on …

Supreme Court Again Weighs Fate of Affordable Care Act

The conservative-majority U.S. Supreme Court on Tuesday dives back into politically perilous waters as it hears arguments over a Republican challenge backed by President Donald Trump’s administration aiming to invalidate the Obamacare healthcare law. President-elect Joe Biden has criticized Republican …

Flood Waters Keep Rising in South Florida from Tropical Storm Eta

Beaches and coronavirus testing sites were closed, public transportation shut down and some evacuations in place early Monday after Tropical Storm Eta made landfall in the Florida Keys, bringing heavy rains to already flooded city streets after leaving scores of …

Florida Regulator Calls for Further Workers’ Comp Rate Decrease

Florida’s insurance regulator has called for a further decrease to proposed workers’ compensation insurance rates in response to a filing by the National Council on Compensation Insurance (NCCI). In an order issued Oct. 30, Florida Insurance Commissioner David Altmaier said …

London Stock Market to Require Climate Disclosures for Listed Companies

Companies listed on the London Stock Exchange will have to improve disclosures on the risks they are facing from climate change from January, Britain’s financial watchdog said on Monday. Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), said …

Reduced Driving Turns Into Fewer Injuries and Workers’ Compensation Claims

The COVID-19 pandemic comes with one bright spot for workers’ compensation insurers: Fewer workers are being injured in motor vehicle accidents. A research brief issued by the National Council on Compensation Insurance projects that workers’ compensation claims caused by motor …

Mediator Reports ‘Substantial Progress’ by Bayer in Resolving Roundup Cancer Lawsuits

A court-appointed mediator on Monday said Bayer AG has made “substantial progress” toward resolving tens of thousands of remaining claims that its Roundup weedkiller causes cancer. The mediator Kenneth Feinberg spoke at a Zoom hearing in San Francisco federal court, …

Philippine Insurers Under Pressure to Meet New Capital Requirement Amid Pandemic

AM Best believes local companies in the Philippine insurance industry will still face significant pressure on underwriting growth and profitability amid the ongoing COVID-19 pandemic with the recent rejection of a proposal to relax minimum capital requirements. A new Best’s …

Study Shows COVID-19 Patients at Greater Risk of Mental Health Problems

Many COVID-19 survivors are likely to be at greater risk of developing mental illness, psychiatrists said on Monday, after a large study found 20% of those infected with the coronavirus are diagnosed with a psychiatric disorder within 90 days. Anxiety, …

Earthquake Felt Across Southern New England

An earthquake struck southern New England on Sunday morning but there were no reports of serious damage. The earthquake centered a few miles off the coast of New Bedford in Buzzards Bay struck just after 9 a.m., according to Randy …

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