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US Wildfires Are Getting Bigger and More Complex, Prompting Changes in Firefighting

It’s shaping up to be a long wildfire season, with Texas already seeing its largest blaze in recorded history and firefighters becoming overwhelmed with recent blazes in Virginia. Just in the first three months of the year, more than 2,669 …

Vintage Ferrari Owners’ Favorite Mechanic Charged With Theft, Fraud

Few mechanics post photos of themselves on Venetian canals, brag about buying $30,000 artworks or frequent the George V Hotel in Paris and Chateau Marmont in Los Angeles. But this was the life Donnie Callaway portrayed via social media to …

Viewpoint: Striking Risk-Reward Balance for Shipping Lithium-Ion Batteries

Executive Summary: While the advancement of technology in electric vehicles and other lithium-ion powered goods facilitates energy transition from fossil fuels, the fire risks associated with such products need proactive management, writes Dr. William Moore, global loss prevention director, The …

US Eyeing Ship’s Electrical System After Baltimore Bridge Crash

Federal investigators looking into what caused a ship to crash into a vital Baltimore bridge last month are honing in on the vessel’s electrical system, US National Transportation Safety Board Chair Jennifer Homendy said Wednesday. The safety board is examining …

Synopsys Sued by Private Equity Firm for Shopping $3 Billion Unit

A California private equity firm has sued Synopsys Inc. for allegedly breaching an exclusivity agreement when it shopped its $3 billion software integrity business widely earlier this year, in a rare instance of private deal negotiations spilling into the courts. …

New York Condo Group Settling with Attorney for $230K over Employee Pay

New York Attorney General Letitia James announced a settlement of nearly $230,000 with a contracting agency and the board of managers of a New York City condominium building for failing to pay workers in the building the prevailing wage required …

Report: Autonomous Vehicle Jobs to Exceed 110k in U.S.

Autonomous vehicle deployment in the U.S. will lead to the creation of more than 114,000 jobs over the next 15 years to meet production, distribution, maintenance, upgrades and repair needs, a new report by a tech-industry policy coalition shows. The …

Tennessee High Court Rules Employers Can’t Use Vicarious Liability to Block Negligence Claims

The Tennessee Supreme Court this week dealt a blow to businesses and insurance companies, finding that employers can no longer argue that direct negligence claims are barred when the business admits vicarious liability for a worker’s actions. “We hold that …

Poll: Consumers OK with AI in P/C Insurance, but Not So Much for Claims and Underwriting

A poll to understand American consumers’ attitudes toward artificial intelligence in the property/casualty insurance sector shows the strongest support for AI’s use in fraud detection, delivering personalized products and promotions and AI in customer service. According to a poll conducted …

Norfolk Southern to Pay $600 Million to Settle Ohio Spill Case

Norfolk Southern Corp. said it will pay $600 million to settle a proposed class action lawsuit targeting the rail company over the 2023 train derailment in Ohio that spilled more than 1 million gallons of toxic chemicals and sickened residents, …

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