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Texas Board Faults Camp Mystic Leader for Inaction During Deadly Flood
A Texas board has suspended the nursing license of Camp Mystic’s co-director in a scathing order that accused her of not helping children evacuate during last year’s catastrophic floods that killed 25 girls and two teenage counselors. It’s one of …
POSTED MAY 28, 2026 3:35 PM |
WhatsApp, Meta Can Access Texans’ Private Messages, Lawsuit Claims
Texas Attorney General Ken Paxton added WhatsApp to the growing list of companies he has accused of violating Texans’ data privacy, announcing a lawsuit against the messaging app and its parent company, Meta, last week. The lawsuit states WhatsApp is …
POSTED MAY 28, 2026 2:45 PM |
CNN Files Lawsuit Against Perplexity Alleging Unlawful Content Distribution
CNN on Thursday filed a lawsuit against Perplexity in New York federal court, alleging the AI search engine provider is unlawfully distributing its copyrighted content, marking the latest legal tussle between the AI firm and a news publisher. The complaint …
POSTED MAY 28, 2026 2:15 PM |
Merchant Ships Desert Strait of Hormuz Amid Renewed US Strikes
Traffic through the Strait of Hormuz appeared all but deserted on Thursday as commercial operators remain wary of renewed military escalation.No commercial vessels were spotted transiting the waterway Thursday morning as tensions spiked following a second round of US strikes …
POSTED MAY 28, 2026 2:06 PM |
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget
After bypassing the April 1 deadline and engaging in weeks of debate and compromise, New York lawmakers have agreed on a $268.5 billion budget that includes auto insurance reforms championed by Gov. Kathy Hochul that are intended to reduce auto …
POSTED MAY 28, 2026 2:00 PM |
DeSantis Proposes Axing Property Taxes on Primary Homes in Florida
Florida Governor Ron DeSantis unveiled a much-awaited proposal to gradually eliminate property taxes on the vast majority of primary homes in the state, a measure that would transform the way the state finances itself. DeSantis proposed eliminating property taxes on …
POSTED MAY 28, 2026 1:57 PM |
Convex Receives Approval From Lloyd’s to Launch Long-Tail Specialty Syndicate
Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1987, which is planned to commence underwriting on July 1, 2026, subject to appropriate regulatory approvals. With capacity to support the …
POSTED MAY 28, 2026 1:16 PM |
Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event
The U.S. faces a widening gap between growing flood risk and the take-up of flood insurance, potentially exposing the nation to more than $375 billion in aggregated uninsured flood losses from a 1-in-100-year event, according to a new whitepaper from …
POSTED MAY 28, 2026 1:03 PM |
West Coast Chemical Emergencies Raise Questions About Safety
There are millions of chemical tanks around the U.S., and experts say it is exceedingly rare for them to fail as long as they are properly maintained and inspected. Yet this past week, there were two major hazardous chemical emergencies …
POSTED MAY 28, 2026 1:02 PM |
Panama Passes Law Imposing Stricter Requirements on Multinational Firms
Panama’s National Assembly approved a law that requires multinational entities domiciled in the country to demonstrate real local operations or face a 15% tax on passive foreign income, the Ministry of Economy and Finance said on Wednesday. The law is …
POSTED MAY 28, 2026 12:24 PM |
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