News

Lawmakers Warn Leaky, Crumbling UK Parliament at Risk of ‘Catastrophic’ Event

Britain’s Parliament building is an architectural masterpiece, a UNESCO World Heritage Site visited by 1 million people a year. It’s also a crumbling, leaky, asbestos-riddled structure at “real and rising” risk of destruction, lawmakers said Wednesday. In a hair-raising report, …

How Will Economic Pressures Affect P/C Industry?

How could the current economic environment affect workers compensation – and the property and casualty insurance industry overall – in 2023? Earlier this month, insurance veteran Robert Hartwig forecasted answers. Hartwig, a clinical associate professor of finance and insurance at …

France and Germany Show No Sign of Agreement on Role of Nuclear in Clean Energy

France and Germany are showing no sign of nearing a compromise on the role of nuclear energy in the European Union’s transition to cleaner energy, highlighting the challenge faced in reaching a deal in the coming weeks to push ahead …

Lawsuit Over Trident ‘Original Flavor’ Gum Is Dismissed

A federal judge in Illinois has dismissed a lawsuit accusing Mondelez International Inc of deceiving consumers into believing its Trident “Original Flavor” gum contained real mint. U.S. District Judge Iain Johnston said it was “fanciful” to believe reasonable consumers would …

Investigators Determine Cause of Texas Fire That Killed 18,000 Cows

LUBBOCK — State investigators have determined a fire and explosion at a Panhandle dairy farm was an accident and started with an engine fire in a manure vacuum truck that was cleaning part of the barn. The April 10 fire …

Native American Former Student Sues Ok. School for Removing Feather at Graduation

TULSA, Okla. (AP) – A Native American former student is suing an Oklahoma school district for the removal of an eagle feather from her graduation cap prior to her high school graduation ceremony. The lawsuit filed Monday in Tulsa County …

Governments Race to Regulate AI Tools

Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are taking to regulate AI tools: …

Founder of Morgan White Insurance Group in Mississippi Dies in Arkansas Plane Crash

FAYETTEVILLE, Ark. (AP) – The pilot killed after his small plane crashed May 17 in northwest Arkansas has been identified as former Mississippi state Sen. Johnny Morgan, authorities said. A family member confirmed Morgan, 76, of Oxford, Mississippi, was the …

Indiana Man Charged With Arson in Fire That Destroyed Century-Old Building

EVANSVILLE, Ind. (AP) – A southwestern Indiana man allegedly set a fire that gutted a building more than 100 years old that was listed decades ago on the National Register of Historic Places, police said. Charles James Perrin, 25, was …

People Moves: Kuhn Leaves AIG for Ascot to Lead Large Public D&O; Ryan Joins Sompo as CUO

John Kuhn is now senior vice president, management liability and head of large public at Ascot. Ascot said Kuhn will lead the development and execution of Ascot’s large public D&O strategy, with a focus on underwriting and portfolio management through …

News Archives by Month