Monthly Archives: <span>May 2020</span>

Lake of the Ozarks Business Owner Defends Actions

O’FALLON, Mo. — The owner of a business that hosted crowded pool parties over the Memorial Day weekend at Missouri’s Lake of the Ozarks says no laws were broken and safety measures were in place to protect against the spread …

Big Oil Loses Appeal, Climate Suits Go to California Courts

LOS ANGELES — Big Oil lost a pair of court battles Tuesday that could lead to trials in lawsuits by California cities and counties seeking damages for the impact of climate change. The 9th U.S. Circuit Court of Appeals rejected …

U.S. Democrats Urge Probe of Allegations Regarding TikTok and Children’s Privacy

WASHINGTON — Fourteen Democratic members of the U.S. House of Representatives wrote to the Federal Trade Commission (FTC) on Thursday to urge it to consider probing the short video app TikTok for “blatant disregard” of a consent decree related to …

Join the Coronavirus Survey for the Entire Property/Casualty Insurance Industry

How is the coronavirus pandemic affecting you, your life, your work and your industry? Now and going forward? No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience compares with that of …

Bertha Weakens to Tropical Depression After Making Landfall In South Carolina

Bertha, the second named storm this Atlantic hurricane season, has weakened to a tropical depression but was still expected to bring heavy rain and possibly life-threatening flash floods to parts of the Carolinas and Virginia, the U.S. National Hurricane Center …

U.S. Sanctions Advisory Raises Hurdles For Global Maritime Industry

LONDON/WASHINGTON — Ship owners and insurers say it may be impossible for the maritime industry to fully comply with the Trump administration’s new guidelines on how to avoid sanctions penalties related to Iran, North Korea and Syria, raising the risk …

WCIRB Lowers Mid-Range Estimate of COVID Workers Comp Costs by $10B

The Workers’ Compensation Insurance Rating Bureau of California published estimated costs of allowing state workers to receive benefits for COVID-19 claims without proving virus exposure at work, dropping a prior mid-range estimate by $10 billion. In a report published on …

Tropical Storm Lands in South Carolina Ahead of Atlantic Season

The Atlantic’s second storm of 2020 made landfall just east of Charleston, South Carolina, with the official start of the Atlantic hurricane season still almost a week away. Tropical Storm Bertha, with top winds of 50 miles per hour (81 …

Cyclone Shows Cost of Delaying $38 Billion Bangladesh Delta Plan

Mizanur Rahman recalls the last time a major tropical storm hit Bangladesh, when Cyclone Sidr killed more than 3,000 people in 2007. In the aftermath of the destruction, he watched the dead body of a woman being washed ashore by …

Poconos Water Park Shuttered by Pandemic Faces Mortgage Woes

One of America’s biggest indoor water parks, normally packed with frolicking families, has gone dark — a casualty of social distancing. Now, the mortgage on the property is in trouble. The Kalahari water park and resort in the Poconos, with …