News
Zurich Exits Insurance Climate Alliance, Days After Munich Re
Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second high profile exit from the group in a matter of days. The Swiss insurer ...
TikTok’s Chinese Ownership, Security Concerns Spark Bans Across Nations
The Biden administration has demanded that TikTok's Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters this week. The move follows the ...
New Images From Inside Fukushima Nuclear Reactor Spark Safety Concerns
Images captured by a robotic probe inside one of the three melted reactors at Japan's wrecked Fukushima nuclear power plant showed exposed steel bars in the main supporting structure and parts of its ...
Is a Scooter a Vehicle? Appeals Court Says ‘Yes’ and State Farm Must Pay UM Claim
State Farm must pay an uninsured motorist claim for injuries caused by an electric motor scooter even though the scooter didn't match the definition of "motor vehicle" in Florida statutes, a panel of ...
Beat Capital Launches Specialist Energy Insurance Business
Beat Capital Partners, a long-duration venture-capital investor that specializes in the insurance industry, announced the launch of a specialist energy underwriter, Horace Agency Ltd. Led by industry ...
Teacher Shot by 6-Year-Old Student Files $40 Million Lawsuit
Abby Zwerner, a first-grade Virginia teacher who was shot and seriously wounded by her 6-year-old student, filed a lawsuit Monday seeking $40 million in damages from school officials, accusing them ...
NHC Report Ranks Ian as Costliest Florida Hurricane, Shows Forecasting, Storm Surge
The National Hurricane Center's report on Hurricane Ian, posted Monday, six months after the storm hit southwest Florida, pegs Ian as the most expensive to hit the Sunshine State, causing twice as ...
Distraction, Speeding, Alcohol Drive Up 2021 Traffic Deaths
Nearly 43,000 people died in U.S. traffic crashes in 2021—the highest number in 16 years—with deaths due to speeding and impaired or distracted driving on the rise. The 2021 final numbers, ...