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Exclusion Does Not Exclude Coverage for Condo in Nashville Christmas Bombing

The insurance fallout from the Christmas Day 2020 bombing in downtown Nashville continues, with a federal court deciding this week that Aspen Specialty Insurance must cover millions in replacement costs for a heavily damaged condominium building. The insurer in 2021 …

Bridge Collapse Attorneys for Baltimore Want to Keep Dali Crew From Returning Home

Attorneys are asking a federal judge to prevent crew members on the cargo ship Dali from returning to their home countries amid ongoing investigations into the circumstances leading up to the deadly collapse of the Francis Scott Key Bridge in …

Los Angeles Will Pay $300K to Settle Lawsuit Against Journalist Over Undercover Photos

Los Angeles has agreed to pay $300,000 to cover the legal fees of a local journalist and a technology watchdog group that had been sued by the city last year for publishing photos of names and photographs of hundreds of …

New York’s Equal Rights Amendment Restored to November Ballot

A proposed amendment to New York’s constitution barring discrimination based on “gender identity” and “pregnancy outcomes” was restored to the November election ballot Tuesday by a state appeals court. The court decision clears the way for a statewide referendum this …

Emerald Bay Partners with Lightspeed for California Homeowners Insurance Facility

Emerald Bay Risk Solutions is partnering with Lightspeed Specialty Insurance Solutions to launch an insurance facility in California that delivers coverage for homeowners and landlords. The facility will primarily target owner- or tenant-occupied dwellings across the state, providing property and …

Growing Wildfires in New Mexico Destroyed 1,400 Structures

A pair of wildfires in New Mexico continue to rage uncontained, destroying an estimated 1,400 structures, forcing the evacuation of more than 8,000 people, while rains also flooded parts of the state. The Salt and South Fork fires have burned …

Chicago Health Care Company to Pay $2M To Settle False Claims Act Suit

A Chicago health care company and its former owners will pay nearly $2 million to the United States and the States of Illinois and Indiana to resolve a civil lawsuit arising from the submission of false claims to Medicare and …

Texas Electricity Demand Could Nearly Double in Six Years – ERCOT

The state’s main electric grid operator has sharply increased its prediction for how much power demand will increase in coming years. If it’s accurate, the state would need to be able to provide nearly double the amount of power within …

Heat Wave Sweeps Across Midwest and Northeast, Bringing Safety Measures

TOLEDO, Ohio (AP) — Stifling heat blanketed tens of millions across United States on Tuesday, forcing people and even zoo animals to find ways to cool down as summer arrives in what promises to be a sweltering week. Extreme heat …

AI Chatbots, Gen AI Set to Revolutionize Insurance Claims Processing: Survey

A majority of global insurers are actively endorsing the application of AI chatbots and generative AI in claims resolution processes, underwriting and customer fulfilment, according to a survey conducted by Gallagher Bassett, the claims-services provider and subsidiary of Arthur J. …

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