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Australian State Faces Catastrophic Fire Risk From Heat Wave
Australia is bracing for catastrophic fire risk in parts of Victoria on Friday as the country swelters through its worst heat wave since the Black Summer bushfires in the summer of 2019 and 2020. Temperatures rose above 45C (113F) in …
POSTED JANUARY 08, 2026 6:25 AM |
Tesla Door Design Is Targeted by New US Automotive Safety Bill
A US lawmaker is proposing legislation that would require manual door releases in new cars, a move to address growing safety concerns with the type of electrically powered handles popularized by Tesla Inc. The measure from Representative Robin Kelly, an …
POSTED JANUARY 08, 2026 6:06 AM |
Nestle Infant Formula Recall Widens to Africa, the Americas and Asia
Nestle’s recall of some batches of infant nutrition products has widened beyond Europe to Africa, the Americas and Asia, including Brazil, China and South Africa, a tally from the company and national food safety statements show. No illnesses have yet …
POSTED JANUARY 08, 2026 6:05 AM |
German Dentists’ Fund Sues Advisers Over €1.1 Billion Loss
A German pension fund whose foray into private markets led to losses that totaled half of the fund’s assets has begun legal proceedings against its former auditor, an adviser and its own managers to recover the damages. The fund known …
POSTED JANUARY 08, 2026 6:04 AM |
People Moves: Roxborough Named 2026 CHSWC Chair
The California Commission on Health and Safety and Workers’ Compensation elected CHSWC Commissioner Nicholas Roxborough as the chair of the commission for 2026. Roxborough is the managing partner of Roxborough, Pomerance, Nye & Adreani, LLP. He specializes in representing insured …
POSTED JANUARY 08, 2026 6:00 AM |
4 Injured in Nursing Home Explosion File Negligence Lawsuit
Four people hurt when an explosion ripped through a Pennsylvania nursing home two weeks ago sued the facility and a natural gas utility this week, claiming their negligence was to blame. Two workers at Bristol Health & Rehab Center LLC, …
POSTED JANUARY 08, 2026 6:00 AM |
Orsted’s NY Wind Project Challenges US Suspension of Lease
Orsted A/S filed a legal challenge to the Trump administration’s order to halt construction of its offshore wind project near New York. In a complaint filed Tuesday in federal court in Washington, Orsted’s Sunrise Wind unit is seeking a preliminary …
POSTED JANUARY 08, 2026 6:00 AM |
Berkshire Hathaway Raises New CEO Abel’s Salary to $25 Million
Berkshire Hathaway said Jan. 6 that it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted for more than four decades. Abel, 63, became chief …
POSTED JANUARY 08, 2026 6:00 AM |
Germania Insurance Places First Cat Bond Through Handshake Re
Germania Insurance announced the placement of its first catastrophe bond, issued through Handshake ReLtd., as part of the company’s broader reinsurance and capital management strategy. The transaction became effective Jan. 1, 2026. The catastrophe bond provides $100 million of per …
POSTED JANUARY 07, 2026 8:30 PM |
The MEMIC Group Closes Acquisition of The Dakota Group
The MEMIC Group announced the successful closing of its acquisition of The Dakota Group, including Risk Administration Services, Inc. and its affiliated service companies. The strategic combination positions MEMIC as the third-largest multi-state workers’ compensation specialist in the United States, …
POSTED JANUARY 07, 2026 8:22 PM |
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