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Maritime Insurance Premiums Surge as Iran Conflict Widens
As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging — in some cases by more than 1000% — dramatically driving up the cost of moving energy through a critical maritime corridor. The conflagration sparked …
POSTED MARCH 06, 2026 2:25 PM |
Reinsurers Triple Ship Insurance Costs After US Torpedo Attack
London-based reinsurers of ships are canceling their coverage of war risk and demanding 200% more to reinstate policies, according to people familiar with the matter, after a US submarine sank an Iranian warship off Sri Lanka, amplifying risk perceptions. Rates …
POSTED MARCH 06, 2026 2:10 PM |
New Mexico Jurors Heard From Zuckerberg in Meta Child Safety Trial
Jurors in a bellwether trial about the impacts of social media on children watched a deposition of Meta CEO Mark Zuckerberg on Wednesday that explored what the architects of Facebook and Instagram knew from internal research about the negative experiences …
POSTED MARCH 06, 2026 2:06 PM |
Wyoming Project Gets First Construction Permit for Nuclear Reactor in Years
The U.S. Nuclear Regulatory Commission on Wednesday approved its first construction permit for a commercial nuclear reactor in eight years, one that will allow a Bill Gates-backed company to build a sodium-cooled reactor in western Wyoming. TerraPower filed for the …
POSTED MARCH 06, 2026 1:59 PM |
Justin Sun Settles SEC Fraud Case for $10 Million
The Chinese cryptocurrency entrepreneur Justin Sun reached a $10 million settlement to resolve a U.S. Securities and Exchange Commission civil fraud case over his trading activity. Thursday’s settlement requires court approval, with the payment made by one of Sun’s companies. …
POSTED MARCH 06, 2026 1:37 PM |
Ohio Bill Would Establish Online Auto Insurance Verification
Ohio lawmakers are considering legislation that would establish an online auto verification system intended to hold uninsured drivers accountable. House Representatives Cindy Abrams (R-Harrison) and Jack Daniels (R-New Franklin) are the lead sponsors behind House Bill 678, which requires the …
POSTED MARCH 06, 2026 1:24 PM |
Michigan Pharmacist Pleads Guilty in $3M Health Care Fraud Scheme
A Michigan pharmacist and business owner who engaged in a five-year pharmacy shortage fraud scheme at two separate pharmacies pleaded guilty on February 24, announced United States Attorney Jerome F. Gorgon, Jr.. Mohammad Hamdan, age 44, from Dearborn Heights pleaded …
POSTED MARCH 06, 2026 12:59 PM |
High-Tech Snowplows and AI Help Cities Recover From Storms, Cut Insurance Claims
Residents of Syracuse, New York — America’s snowiest city — once barraged a service hotline with street neglect complaints during blizzards, even if plows had passed two hours earlier but the work was hidden by fresh snow. Now public trust …
POSTED MARCH 06, 2026 12:46 PM |
Amazon Says it Fixed Issue That Led to Website Outage for Thousands
Amazon said March 5 it has resolved an issue related to its software code that had caused an hours-long outage on its website for thousands of shoppers. The disruption, which began around 2:00 p.m. ET, gradually eased to less than …
POSTED MARCH 06, 2026 12:09 PM |
GL, Workers’ Comp Only Commercial Lines With Monthly Renewal Rate Increase: Ivans
Month over month, premium renewal rates declined across all commercial lines of business except general liability and workers’ compensation, Ivans announced Thursday. The finding came from the technology provider’s February 2026 Ivans Index results. Ivans found the general liability renewal …
POSTED MARCH 06, 2026 11:57 AM |
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