Alphabet Inc.’s Waymo has applied for a permit to test its robotaxis in New York City, underscoring its intent to operate in one of the largest ride-hailing markets in the US despite an absence of local regulations supporting commercially operated …
Waymo Applies for NYC Testing Permit, Sending Uber and Lyft Shares Lower Read More »
A Connecticut man has pleaded guilty to conspiring to obtain driver’s licenses for ineligible applicants, principally illegal aliens, federal prosecutors reported. The U.S. Attorney’s Office for Massachusetts said that Cesar Agusto Martin Reis of Waterbury pleaded guilty on June 13, …
Man Pleads Guilty to Obtaining Driver’s Licenses for Ineligible Applicants Read More »
A SpaceX Starship rocket exploded on a test stand in Texas, adding to a series of setbacks to Elon Musk’s space ambitions that include trips to Mars. The huge blast enveloped the craft as it stood upright on a test …
SpaceX’s Starship Explodes on Test Stand in Yet Another Setback Read More »
Krispy Kreme released new information about its late 2024 data breach and said it is notifying affected individuals—many of them current or former employees, and their families. According to a post on its website and a notification to the attorney …
Krispy Kreme Starts Notifying Over 160,000 People Affected by Data Breach Read More »
Deal volume is down but the total value of the deals that were made is up, according an analysis by PwC of mergers and acquisitions in the insurance sector. The look at M&A activity showed total deal value within the …
Plenty of Investor Interest in Insurance Despite Drop in Deal Volume, Says PwC Read More »
Bad faith litigation has long posed both legal and reputational risks for insurers operating in Florida. With the enactment in 2023 of House Bill 837—a sweeping tort-reform measure—there are important changes to how insurers and their claims professionals must approach …
Florida’s Evolving Bad-Faith Landscape: What Claims and Insurance Pros Need to Know Read More »
Hurricane Erick made landfall on the coast of Oaxaca, Mexico, on Thursday morning, authorities said, potentially bringing intense rains and life-threatening floods and mudslides. The storm made landfall around 5:30 am local time in the town of Santiago Pinotepa Nacional, …
Major Hurricane Erick Hits Mexico’s Pacific Coast, With Life-Threatening Floods Expected Read More »
Almost a year since the Copa America final nearly ended in tragedy, big numbers of soccer fans are back at Hard Rock Stadium — this time for the Club World Cup with heightened security. A combined crowd of nearly 120,000 …
Hard Rock Stadium Tightens Security at Club World Cup After Miami Chaos Last Year Read More »
California utilities are mulling power shutdowns as breezy dry conditions across the state raise the risk of wildfires. Pacific Gas & Electric Corp. may turn off power to at least 11,543 customers in 15 counties, according to its website. Southern …
California Utilities Weigh Power Shutdowns as Dry Winds Approach Read More »
Alabama’s insurance commissioner this week urged property insurers to be judicious in the use of drones and aerial imagery in making nonrenewal decisions, but stopped short of issuing new regulations. “If an insurer uses aerial imagery as a basis for …
Alabama DOI Encourages Insurers to Use More Than Drones in Nonrenewals Read More »
