News Center
News Archives - Insurance Journal
Scratched EV Battery? Your Insurer May Be Forced to Junk the Whole Car
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric. …
POSTED MARCH 20, 2023 10:04 AM |
In Supreme Court Jack Daniel’s Case, a Free Speech Fight Over a Dog Toy
A trademark dispute over a poop-themed dog toy shaped like a Jack Daniel’s whiskey bottle coming before the U.S. Supreme Court could redefine how the judiciary applies constitutional free speech rights to trademark law. In a case to be argued …
POSTED MARCH 20, 2023 5:54 AM |
Banking Failures Are Hitting Weed Companies, Too
Crypto isn’t the only edgy new industry being roiled by the collapse of several banks. US companies that deal directly with cannabis, a federally illegal substance, are already shut out of large banks. So these companies have increasingly found support …
POSTED MARCH 20, 2023 5:50 AM |
FTC Asks Social Media, Video Streaming Firms Info on Misleading Ads
The U.S. Federal Trade Commission (FTC) on Thursday issued orders to eight social media and video streaming firms including Meta Platforms Inc., Twitter, TikTok and YouTube seeking information on how the platforms screen for misleading advertisements. Snap, Amazon.com Inc-owned Twitch, …
POSTED MARCH 20, 2023 5:39 AM |
Warren Buffett in Contact With Biden Team on Banking Crisis
Berkshire Hathaway Inc.’s Warren Buffett has been in touch with senior officials in President Joe Biden’s administration in recent days as the regional banking crisis unfolds. There have been multiple conversations between Biden’s team and Buffett in the past week, …
POSTED MARCH 20, 2023 5:36 AM |
Michigan Pileup Ensnares up to 100 Vehicles
DETROIT (AP) – Up to 100 vehicles were involved in a massive pileup on Interstate 96 during white-out conditions, Michigan police said. There were reports of injuries that do not appear to be serious, police said on Twitter. Early reports …
POSTED MARCH 20, 2023 5:11 AM |
DeSantis Turns Heads with Comment that Citizens Insurance ‘Not Solvent;’ Board Approves Cat Bond
Florida Gov. Ron DeSantis raised some questions Friday when he suggested that Citizens Property Insurance Corp., the state-created insurer, has “not been solvent” and may be unable to pay all claims from a major hurricane. The head-scratching comments came just …
POSTED MARCH 20, 2023 5:01 AM |
New York Senate Passes Bill Requiring Insurance Disclosure on Pipeline Projects
The New York Senate has unanimously approved legislation that requires the disclosure of insurance information on permit applications for the construction of pipelines traversing any freshwater wetlands in the state. The necessary information includes the name of the insurance company …
POSTED MARCH 20, 2023 5:00 AM |
Vermont Senate Advances Liability Shield for Abortion and Transgender Care Providers
The Vermont Senate on Friday passed a bill that aims to protect health care workers from disciplinary action for providing abortions and gender-affirming health care, and change insurance premium charges related to such care. The legislation defines reproductive and gender-affirming …
POSTED MARCH 20, 2023 5:00 AM |
White House Approves Disaster Funding for New Hampshire’s December Storm
President Joe Biden approved a federal disaster declaration for New Hampshire following damage caused by a severe storm and flooding that happened around Christmas, the Federal Emergency Management Agency said. Funding is available to the state, eligible local governments and …
POSTED MARCH 20, 2023 5:00 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does 5 Star Insurance Agency confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|