Suspect Killed After Ramming Vehicle Into Michigan Synagogue
A man was killed after ramming his vehicle into the front doors of a synagogue in suburban Detroit on Thursday afternoon, setting off an exchange of gunfire with security officers and a large police response, authorities said. Oakland County Sheriff …
US Commodity Regulator Kicks Off Rulemaking for Prediction Markets
The U.S. Commodity Futures Trading Commission on Thursday called for public comment ahead of a regulatory proposal it said would shape government oversight of the burgeoning market for events contracts and prediction markets. In a public notice, the agency drew …
Syngenta to Cease Global Production of Toxic Herbicide
Multinational agriculture technology company Syngenta announced last Tuesday (March 3) that it will cease global production of the herbicide paraquat by the end of June, including at its facility in Iberville Parish. Banned in more than 70 countries, paraquat is …
P/C Statutory Results: The Highs and The Lows
A new report from S&P Global Market Intelligence is filled with information about record line-of-business loss ratios achieved in 2025—with some property/casualty lines coming in at record lows, and others reaching record high levels. Not surprisingly, the highs occurred for …
Planet-Warming El Niño to Form by September, US Forecasters Say
US forecasters say an El Niño is favored to emerge in the Pacific Ocean by September, threatening to drive global temperatures higher and disrupt crops in the months ahead. Scientists at the US Climate Prediction Center project a 62% chance …
Neptune Flood Launches App in ChatGPT to Get Preliminary Flood Insurance Quotes
Neptune Flood has joined the ranks of insurance apps in ChatGPT. On March 12 St. Petersburg, Florida-based Neptune Flood said it has a digital flood insurance app on the platform to allow property owners to get real-time preliminary quotes from …
People: Housse Heads Facultative for Gallagher; Coggiola to SC Work Comp Board
Gallagher Re, the global reinsurance brokerage, named Steven Housse as facultative reinsurance leader for North America, starting this week. Housse, based in Atlanta, joins Gallagher after three years as managing director with BMS Group, a London-based insurance and re broker. …
Retailers Casualty Offers $1M in Dividends to Safe Employers
Retailers Casualty Insurance, with offices in Michigan and writing workers’ compensation coverage around the South, has joined a growing list of carriers offering dividends or rebates to safe employers. The company’s board of directors voted recently to declare a $1 …
Expanding Alaska Glacial Lakes Increasing Risk of Destructive Floods
Every summer, people living near the Mendenhall River in Juneau, Alaska, keep a close eye on the water level. When the river level begins to rise rapidly, it’s a sign that Suicide Basin, a small glacier-dammed lake 5 miles up …
40 Cars Recovered in Takedown of Million Dollar Stolen Vehicle Sales Operation
New York officials reported that after a year-long investigation they have recovered more than 40 Honda and Toyota vehicles worth more than a million dollars that were stolen. New York Attorney General Letitia James and New York City Police (NYPD) …
AM Best Revises Outlooks to Positive for Plymouth Rock Assurance Group
AM Best reports that it has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) for the members of Plymouth Rock …
Viatris Settles Lawsuit Over Use of Maryland Woman’s Cells in Drug Research
Generic drugmaker Viatris has settled a lawsuit brought by the family of Henrietta Lacks, a Maryland woman whose tissue samples were used without her permission to develop enduring cells for lucrative medical research. Viatris and Lacks’ estate told a federal …
Muni Bonds in California Get Expensive Amid Flurry of Demand
Municipal bond investors are clamoring for tax-free debt sold by California issuers. That demand is benefiting borrowers across the state — even ones without AAA credit ratings. In general, U.S. state and local government debt has gotten more expensive this …
Relation Acquires Rummel Associates
Relation Insurance Services acquired the assets of Rummel Associates, Inc. The transaction went into effect on January 31, 2025; terms of the transaction were not disclosed. Specializing in both commercial and personal insurance, Rummel is based in Chicago, Illinois. Jared …
NTSB to Hold Hearing on Two Fatal Ford Crashes Involving Driver Assistance
The National Transportation Safety Board will hold a March 31 hearing to determine the probable cause of two fatal crashes involving Ford Motor’s hands-free advanced driver assistance system BlueCruise. Both crashes in 2024 involved 2022 model year Ford Mustang Mach-Es …
Thai Cargo Ship Hit in Strait of Hormuz; Three Crew Missing
A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions continue to disrupt one of the world’s most critical shipping lanes. Three people are missing. The …
Record March Heat to Scorch Los Angeles, US Southwest
An unusually early heat wave is set to grip Los Angeles and much of the Southwest, putting California’s already fragile snowpack, and therefore its water supplies, at risk. Temperatures in downtown Los Angeles on Friday are forecast to reach 98F …
UK Watchdog Fines Aviva Unit $14 Million Over Solvency Miscalculation
Britain’s banking stability watchdog has fined U K Insurance Ltd., now part of Aviva, 10.6 million pounds ($14.2 million) over a miscalculation in its Solvency II balance sheet for 2023 and 2024. The Prudential Regulation Authority (PRA), part of the …
UBS Urges US Judge to Curb Liability for Nazi-Linked Crimes
UBS urged a U.S. judge on Tuesday to shield it from new Holocaust-related litigation arising from an investigation of the former Credit Suisse’s activities during World War II. A lawyer for UBS asked U.S. District Judge Edward Korman in Brooklyn …
Coast Guard and First Responders Battle Fire on Scrap Metal Barge in Delaware Bay
Multiple government agencies and the U.S. Coast Guard have been responding to a barge fire in the Delaware Bay since 8:20 a..m. yesterday. The barge is carrying salvage metal and has been moved to shallow water where it can be …
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