A short-lived heat wave will send temperatures soaring across California and the U.S. West through the weekend, elevating power demand and raising the risk of health impacts. At least 26 daily records may be broken or tied across the West …
Searing Heat in California and West Threatens to Break Temperature Records Read More »
Cotality said it has identified more than 33.1 million residential properties from Texas to Maine with a combined reconstruction cost value of $11.7 trillion at least moderate risk of sustaining damage from hurricane-force winds. The property data provider, formerly known …
Cotality: Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’ Read More »
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICRs of “bbb+”(Good) for the members of the Oklahoma …
AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual Read More »
Victoria’s Secret has taken down its U.S. website and says some in-store services will be unavailable as it addresses an unspecified “security incident.” A message to customers remained in place of the popular lingerie brand’s normal shopping site Thursday, stating …
Victoria’s Secret Website Down as Lingerie Seller Addresses ‘Security Incident’ Read More »
The New York Times Co. has reached a deal to license its editorial content to Amazon.com Inc. for use across its artificial intelligence platforms, marking the first such agreement the newspaper company has struck after years of battles between the …
New York Times Agrees to License Content to Amazon for AI Use Read More »
South Carolina’s governor has signed a liquor liability and tort-reform bill into law, but some lawmakers said broader changes to the state’s legal system are needed. Senate Majority Leader Shane Massey, who helped push through a compromise dram shop bill …
SC Governor Celebrates Dram Shop-Tort Reform Law But Some Want More Read More »
An Iranian national pleaded guilty to participating in the high-profile 2019 Baltimore, Maryland, ransomware attack, among others, and to causing tens of millions of dollars in losses and disrupted services, the Department of Justice said on Tuesday. Sina Gholinejad, 37, …
Iranian Pleads Guilty in US to 2019 Baltimore Ransomware Attack Read More »
The West Virginia Supreme Court has ruled 3-2 that a prison nurse is entitled to workers’ compensation benefits for her COVID-19 disease because she provided sufficient evidence that she contracted it in her workplace and not outside of work. Brittany …
Nurse Showed COVID Was Work-Contracted, West Virginia Supreme Court Rules Read More »
A U.S. trade court blocked most of President Donald Trump’s tariffs in a sweeping ruling on Wednesday that found the president overstepped his authority by imposing across-the-board duties on imports from U.S. trading partners. The Court of International Trade said …
US Court Blocks Most Trump Tariffs, Says President Exceeded His Authority Read More »
Rokstone, the London-based specialty re/insurance MGA that is part of the Aventum Group, announced the launch of its International Casualty Division. The move marks the latest milestone in Rokstone’s strategic build-out of its casualty portfolio, following the recent launch of …
Markets/Coverages: MGA Rokstone Launches International Casualty Division Read More »
