Insurance Journal News Feed

Insurance Journal news feed

1. After Multiple Settlements, Judge Delays Civil Trial Over Baltimore Bridge Collapse

   A federal judge agreed Monday to postpone a civil trial over the 2024 collapse of Baltimore’s Francis Scott Key Bridge after a flurry of last-minute settlements resolved most of the remaining claims. U.S. District Judge James Bredar expressed frustration about …

2. Renner Wants to Drop Premium Taxes, Expand Florida Cat Fund Coverage

   Florida gubernatorial candidate Paul Renner, a former speaker of the Florida House, wants to eliminate the premium tax on residential property, part of his plan to reduce homeowners’ insurance costs. The plan, which also includes tweaks to the Florida Hurricane …

3. Delaware Declares Drought Watch as Precipitation Levels Drop

   Delaware is under a statewide drought watch for the second time in three years due to a steep decline in precipitation levels. Officials are most worried about Kent and Sussex Counties. Governor Matt Meyer declared the drought watch after receiving …

4. Ohio Sues Contractor for Incomplete Home Improvement

   Ohio Attorney General Dave Yost is suing a Mahoning Valley contractor who allegedly performed substandard home-improvement work or failed to complete the upgrades after accepting large down payments from customers. “This contractor pocketed down payments only to abandon the projects,” …

5. Biggest Diesel Shock Since 2022 Deals Another Blow to US Farmers

   While US farmers brace for higher fertilizer and chemical bills tied to turmoil in the Middle East, another expense is already taking a bite out of razor-thin margins: diesel fuel. Prices for the fuel that powers tractors, combines and grain …