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Premium Slowdown, Inflation Factors to Lead to Higher P/C Combined Ratio: AM Best
Success for the property/casualty industry in 2025 was marked by rate increases and investment income, but plateauing or softening rates in many lines of business in 2026 may pressure financial results in 2026, said AM Best. In a new report, …
POSTED FEBRUARY 24, 2026 3:46 PM |
Waymo to Debut in Biggest Texas Cities After New York Setback
Alphabet Inc.’s Waymo will start offering commercial robotaxi service in the three biggest cities in Texas, pushing ahead with its aggressive expansion plan after a recent setback in New York. The rollout of rides with no safety driver will begin …
POSTED FEBRUARY 24, 2026 3:32 PM |
Mississippi Hospital System Closes All Clinics After Ransomware Attack
A ransomware attack forced the University of Mississippi Medical Center to close all of its roughly three dozen clinics around the state and cancel elective procedures for a second day on Friday, hobbling one of the state’s largest health care …
POSTED FEBRUARY 24, 2026 2:44 PM |
Mexico Visitors Shaken as Cartel Death Fuels Travel Chaos
Despite assurances from President Claudia Sheinbaum and her security minister Monday that Mexico was returning to normal after a weekend of cartel violence, many vacationers to Puerto Vallarta and other cities still faced canceled flights and shelter-in-place warnings. The travel …
POSTED FEBRUARY 24, 2026 2:42 PM |
NC House Fire That Killed Hamlin’s Father Ruled Accidental But Cause Unknown
The North Carolina house fire that killed NASCAR driver Denny Hamlin’s father and injured his mother has been ruled accidental but it’s still unclear what started it. A report released by Gaston County Emergency Management & Fire Services said the …
POSTED FEBRUARY 24, 2026 2:29 PM |
UK Sanctions New Zealand Insurer Maritime Mutual After Reuters Report
Britain on Tuesday sanctioned Maritime Mutual, the New Zealand-based marine insurer that was the subject of a Reuters special report into how it had helped in the trade of tens of billions of dollars of Iranian and Russian oil. “(Maritime …
POSTED FEBRUARY 24, 2026 2:23 PM |
Over 2,000 Flights Cancelled, 380,000 Homes Without Power as Storm Effects Continue
U.S. airlines canceled over 2,000 flights on Tuesday, far fewer than a day earlier, as a powerful winter storm that disrupted airports across the Northeast was expected to ease by evening, with strong winds expected to continue into the early …
POSTED FEBRUARY 24, 2026 1:21 PM |
FedEx Sues US for Refund on Trump’s Emergency Tariffs
Global transportation company FedEx filed a lawsuit in the U.S. Court of International Trade seeking a refund for President Donald Trump’s emergency tariffs, one of the highest profile moves to recover funds since the U.S. Supreme Court last week deemed …
POSTED FEBRUARY 24, 2026 1:08 PM |
EU’s Russia Sanctions Hit Roadblock Put Up by Hungary, Slovakia
The European Union failed to approve a fresh round of sanctions against Russia as Hungary and Slovakia halted the measures, laying bare divisions within the bloc as the war in Ukraine enters its fifth year. Efforts by EU foreign ministers …
POSTED FEBRUARY 24, 2026 1:05 PM |
UK Targets Russian Oil Fleet With Biggest Sanctions Hit in Years
The UK government announced new sanctions on Russia’s so-called shadow oil fleet as it ramped up efforts to squeeze energy revenues funding the Kremlin’s war in Ukraine. Britain targeted 175 companies in the 2Rivers network, according to a statement from …
POSTED FEBRUARY 24, 2026 12:43 PM |
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