Maridea Wealth Management Acquires Ohio’s River Cities and DFW Insurance
Maridea Wealth Management has acquired River Cities Financial Services and Dietz, Futrell & Walters Insurance, two affiliated firms based in Marietta, Ohio. The addition marks Maridea’s first presence in Ohio. DFW Insurance was founded in 1948 as an independent insurance …
Lawsuit Blames Texas Abortion Ban for Woman’s Death
The family of a 37-year-old pregnant San Antonio woman who died of preeclampsia is claiming in a new lawsuit that the Texas’ abortion ban led to her death. The family of Tierra Walker, who died when she was 20 weeks …
Texas Orders Halt to New Data Center Permits Pending Audit
Texas Governor Greg Abbott ordered the state’s environmental watchdog to withhold permits for new data centers until an audit of risks to the power grid is complete. No authorizations can be given until the Electric Reliability Council of Texas, or …
Markets/Coverages: MNK International North America Launches
MNK International, an independent Lloyd’s broker, said it launched MNK International North America, a new broking business that will provide North American producers and clients with access to specialist insurance solutions through the London and Bermuda markets. MNK International North …
DoorDash Reaches $131.5 Million Settlement With NYC Over Delivery Workers’ Pay
DoorDash said on Tuesday it reached a $131.5 million settlement of a New York City government probe that found the food delivery company underpaid or waited too long to pay workers. The settlement with the city’s Department of Consumer and …
British Columbia Sues OpenAI Alleging Failure to Warn Before Mass Shooting
British Columbia filed a lawsuit in California against OpenAI, alleging it could have used ChatGPT logs to warn police and avert a mass shooting in the Canadian province earlier this year. On Feb. 10, teenager Jesse Van Rootselaar allegedly killed …
Australian State Bans Data Centers From Residential Areas
One of Australia’s largest states has banned the construction of data centers in residential areas and mandated that they must “bring their own renewable energy supply,” part of a slew of rules designed to tackle growing community pushback. The state …
Polo Strengthens Into Hurricane, Threatening Mexico’s Pacific Resort Towns
Polo strengthened off Mexico’s Pacific coast into a hurricane on Monday and is forecast to rapidly intensify into a major storm, threatening floods, dangerous surf and strong wind gusts in coastal states and near major beach resorts. Around mid-day locally …
People Moves: Chubb Names Ringsted Chief Scientist; Technical Risk Underwriters Makes Leadership Promotions
Chubb Limited named Sean Ringsted as chief scientist and executive vice president, Chubb Group. In this newly created role, Ringsted will focus on and have responsibility for the company’s artificial intelligence, data and analytics strategy and initiatives worldwide. Ringsted brings …
Paramount Wins Warner Bros Takeover After Settling States, Union Lawsuits
Paramount Skydance emerged victorious on Sept. 21 from a legal battle over its $110 billion acquisition of Warner Bros Discovery after settling with a California-led group of US states and a Hollywood writers union, paving the way for one of …
EU to Require Data Centers to Disclose Energy and Water Efficiency
The European Commission proposed rules on Monday requiring data centers in Europe to disclose how efficiently they use energy and water, as concerns grow over their consumption of resources. The EU wants to triple its data center capacity over the …
OpenAI, Microsoft Execs’ Quotes Threaten AI Copyright Defense, News Outlets Argue
OpenAI and Microsoft executives privately described their AI products as substitutes for journalism, according to court filings made public that the New York Times and other news outlets say gut the tech companies’ fair-use defense in a closely watched copyright …
Aircraft Communications with FAA ‘Incredibly Insecure,’ Senator Says
A government watchdog report on Monday shows communications between US air traffic controllers and commercial airplanes are “incredibly insecure” and the Federal Aviation Administration must take steps to address threats, Senator Ron Wyden said. The Government Accountability Office said the …
A-Cap Insurers File Suit Against SCDOI Director; AM Best Downgrades Group
The head of Atlantic Coast Life Insurance and its captive reinsurer have pushed back hard and fast against the South Carolina insurance director’s move to push the companies into rehabilitation, charging that the regulatory action is reckless and was done …
California Clears Sales of Higher-Ethanol Fuel to Lower Gasoline Costs
California Gov. Gavin Newsom signed legislation allowing the immediate sale of a higher-ethanol fuel blend in the state, as it seeks to rein in skyrocketing costs at the pump in the country’s largest auto market. The signing of Senate Bill …
Gov. Hochul Says New York’s New AI Compliance Office Could Explore ‘Kill Switch’
New York Gov. Kathy Hochul is launching a new office to monitor safety compliance for massive artificial intelligence companies, echoing calls by fellow Democrat California Gov. Gavin Newsom to explore a “kill switch” if the technology turns catastrophic. Hochul said …
FAA Resolves Air Traffic Outage That Snarled Northeast Travel
The Federal Aviation Administration said it’s resolved the equipment outage at an air traffic facility in Philadelphia that severely disrupted air travel in the Northeast, leading to hundreds of flights being canceled. Telecommunication lines have been repaired and operations were …
Missouri Contractor Faces $180K Judgment Over Fraudulent Home Repairs
Missouri Attorney General Hanaway announced that her office secured more than $180,000 in a restitution judgment against Daniel M. Carbone, owner of Concrete Impressions. Carbone was sentenced on 12 felony counts related to contractor fraud stemming from deceptive home repair …
Scientists Research Deeper-Rooted Crops to Combat Climate Change
Research scientist Ashish Rajurkar kneels in the dirt, lifting a large clod of soil tangled around a soybean plant. He knocks away pieces of earth from the plant’s roots, which slope straight down instead of out to the side like …
Most Texas Utility Companies Not Providing Wildfire Response Plans
Only eight of 160 utility companies that operate in fire-prone areas of Texas have complied with a law that helps mitigate wildfires, lawmakers recently learned. The revelation comes on the heels of a chaotic wildfire season that has continued through …

