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Searing Heat in California and West Threatens to Break Temperature Records
Posted inInsurance

Searing Heat in California and West Threatens to Break Temperature Records

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…
Posted by fastnewsbreak May 29, 2025
AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual
Posted inInsurance

AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual

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…
Posted by fastnewsbreak May 29, 2025
Aviation insurance’s soft landing may be cut short by tariffs
Posted inInsurance

Aviation insurance’s soft landing may be cut short by tariffs

The biggest concern for underwriters like Howard isn’t just tariffs alone, it’s how they amplify existing inflationary pressures on parts, labor, and claims payouts. Aviation insurance, particularly for smaller operators…
Posted by fastnewsbreak May 29, 2025
Victoria’s Secret Website Down as Lingerie Seller Addresses ‘Security Incident’
Posted inInsurance

Victoria’s Secret Website Down as Lingerie Seller Addresses ‘Security Incident’

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…
Posted by fastnewsbreak May 29, 2025
New York Legislature rewrites firefighter group’s rules to get access to insurance tax funds
Posted inInsurance

New York Legislature rewrites firefighter group’s rules to get access to insurance tax funds

A legislative refresh is breathing new life into a decades-old charter in Thornwood, New York. Senate Bill S8232, introduced on May 27, 2025, updates the 1945 founding law of the…
Posted by fastnewsbreak May 29, 2025
New York Times Agrees to License Content to Amazon for AI Use
Posted inInsurance

New York Times Agrees to License Content to Amazon for AI Use

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…
Posted by fastnewsbreak May 29, 2025
SC Governor Celebrates Dram Shop-Tort Reform Law But Some Want More
Posted inInsurance

SC Governor Celebrates Dram Shop-Tort Reform Law But Some Want 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…
Posted by fastnewsbreak May 29, 2025
Nurse Showed COVID Was Work-Contracted, West Virginia Supreme Court Rules
Posted inInsurance

Nurse Showed COVID Was Work-Contracted, West Virginia Supreme Court Rules

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…
Posted by fastnewsbreak May 29, 2025
US Court Blocks Most Trump Tariffs, Says President Exceeded His Authority
Posted inInsurance

US Court Blocks Most Trump Tariffs, Says President Exceeded His Authority

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…
Posted by fastnewsbreak May 29, 2025
Louisiana governor signs sweeping tort reform package
Posted inInsurance

Louisiana governor signs sweeping tort reform package

The new legislation, Landry explained, is aimed at reining in what he described as “a cultural problem of frivolous litigation,” driven in part by lawyer advertising. He noted that while…
Posted by fastnewsbreak May 29, 2025

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