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Abbott Agrees to $670 Million Settlement of Infant Formula Cases
Abbott said on Thursday it reached a $670 million settlement with three law firms to resolve legal claims by 2,000 people who alleged harms relating to the company’s specialty formulas for preterm infants. The settlement includes one large case in …
POSTED AUGUST 21, 2026 5:14 AM |
Viewpoint: If AI Compute Is an Investable Asset, AI Agency Must Become Insurable
NVIDIA has just made an argument that should matter far beyond the semiconductor industry. In a recent post, the company described AI-factory compute as an emerging investable infrastructure asset, supported by financing platforms with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs …
POSTED AUGUST 21, 2026 5:11 AM |
Four Patients Affected, One Paralyzed, After Drug Mix-up at Nashville Hospital
Four patients were affected and one of them was paralyzed after a pre-surgery drug mix-up at a Nashville hospital, local news outlets reported. A 72-year-old woman, Glenda Dorton, reportedly received a spinal injection of potassium instead of anesthesia before her …
POSTED AUGUST 21, 2026 5:05 AM |
Romania Destroys Marine Drone Near Neptun Deep Gas Project: Minister
Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred meters from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday. The incident underscores the growing threat to critical energy infrastructure …
POSTED AUGUST 20, 2026 4:43 PM |
Legacy Consolidator Marco Capital to Buy Insurance Services Firm Pro Global
Marco Capital, the property/casualty legacy consolidator and parent of insurance services group PoloWorks, has entered into an agreement to acquire Pro Global, subject to regulatory approval. Financial details of the deal were not disclosed. The acquisition represents a significant milestone …
POSTED AUGUST 20, 2026 3:58 PM |
Texas Homeowners, Industry Collide Over Transmission Lines
Flashes of yellow were all around the Texas Capitol grounds on Wednesday as legislators gathered to consider two of the most controversial issues in Texas politics: data centers and transmission lines. The color — displayed on bandanas, pins, shirts and …
POSTED AUGUST 20, 2026 3:57 PM |
Louisiana Councilwoman Honored for Fortified Roof Gap Funding Program
Jefferson, Louisiana Parish Council Chairwoman Jennifer Van Vrancken was honored at the Louisiana Department of Insurance Annual Conference for initiating a gap fund program that helps residents secure funding to pay for Fortified roof improvements. Louisiana Insurance Commissioner Tim Temple …
POSTED AUGUST 20, 2026 3:42 PM |
Wisconsin Car Dealership Sued for Retaliation
Wisconsin car dealership Kenosha Nissan violated federal law when it retaliated against multiple employees for reporting racial harassment and fired one of them, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced. According to the suit, Kenosha …
POSTED AUGUST 20, 2026 3:26 PM |
One Insurance Agent Wins, Two Others Miss Out in Florida House Races
One Florida insurance agent won the Republican nomination for his seat in the state House of Representatives but two other agents did not make the cut in Tuesday’s primary voting. Incumbent state Rep. Brian Hodgers, R-Viera, won 58.5% of the …
POSTED AUGUST 20, 2026 3:25 PM |
California Adopts Weaker Home Protection Rules as Wildfires Grow
A California agency on Wednesday approved long-delayed regulations designed to protect homes from wildfire, but they’re less stringent than defenses recommended by scientists and firefighters. The new rules, which apply to about 2 million homes, were mandated by a 2020 …
POSTED AUGUST 20, 2026 3:23 PM |
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