Florida residents have paid significantly more than the nationwide average for gasoline and diesel in recent weeks as the U.S.-Israeli war with Iran forces the Sunshine State to compete with Europe and Asia for fuel produced in Texas and other U.S. states, analysts said. The rare, lofty premiums highlight how Iran’s blockade of the Strait of Hormuz has exposed vulnerabilities in oil and fuel supply chains around the world by upending historical trade routes. There are no refineries in Florida, as the third-most populous U.S. state is prone to severe hurricanes, and no pipelines delivering fuel produced by U.S. Gulf…
Author: Awais
Participants will receive set reimbursement for managing Medicare beneficiaries’ chronic conditions, like diabetes, chronic kidney disease and hypertension.
What began as a niche innovation has evolved into a core component
North Carolina authorities arrested a man accused of setting a woman on fire, leaving her with with serious burns and damage to her house in Roseboro. Firefighters and deputies were called to a structure fire Saturday night in the town of Roseboro and found a woman with burns over about two-thirds of her body, the Sampson County Sheriff’s Office said in a statement. The woman, Courtney Witschger, said a man had forced his way into her home, and that the suspect left the scene on a bicycle, according to the sheriff’s statement. The woman was taken to a trauma center…
Albertsons Cos. announced a $774 million settlement to resolve all opioid-related claims, making the grocery chain one of the last major retailers to reach such a deal. Due to the settlement, the company recorded a charge of about $600 million last quarter, net of tax, that left it reporting a loss of roughly $480 million. The payout will take place over nine years. Shares of Albertsons fell as much as 4.8%. The stock declined by about 2% this year through Monday’s close, compared with the S&P 500 Index being little changed. Albertsons is the latest big retailer to reach a…
A Missouri waste management company has settled a federal lawsuit charging it rejected female applicants based on sex, the EEOC announced. Allied Services, LLC, doing business as Allied Waste Services of the Ozarks / Republic Services of the Ozarks will pay $200,000 to settle the sex discrimination lawsuit. According to the EEOC’s lawsuit, in May 2020, Jamie Mendoza applied to work for Republic Services as a garbage truck driver based out of Springfield, Missouri. Company managers told Mendoza during her interview that female drivers had not worked out in the past, and she should carefully consider whether she wanted the…
Trucordia announced its acquisition of the assets of JJL&W Insurance Consulting, an employee benefits brokerage based in Baton Rouge, Louisiana. JJL&W was founded in 2020 by partners Jeff Joffrion, Troy Jones, Mitch Lansing, and Jeff Wampold, The JJL&W team focuses on employee benefits for employers of all sizes, as well as individuals, with medical, dental, vision, life, disability and voluntary benefits, along with support for funding strategies, compliance, and administration. Topics Mergers & Acquisitions Louisiana Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Mergers? Get automatic alerts for this topic.
Tesla’s Giga Texas increased its annual treated water use by more than 200 million gallons in just two years, raising concerns about whether Austin can fulfill its long-term water conservation plans as Elon Musk advances plans for a new semiconductor plant expected to push demand even higher. From 2023 to 2025, Tesla’s annual treated water use rose about 68% to 556 million gallons becoming Austin Water’s third-largest customer — up from fifth in 2023, according to Austin Water. The increase is raising new concerns about how water limits are applied, as residents are urged to conserve water while large industrial…
Through the window of his combine, Wayne Greier watches his teenage son Blake drive a tractor across an empty field, towing a plow into position for another uncertain season of spring planting. Greier would be worrying less if the solar farm he wanted on his land had come to pass. But local officials blocked it in 2023 under an Ohio state law, and Greier — facing a heavy medical debt — had to sell part of his land to stay afloat. The deal that was killed would have brought him about $540,000 in lease payments every year. “It was our…
In the latest edition of Insurance Business TV, we catch up with one of this year’s 5-star wholesale brokerage and MGA winners – Johnson & Johnson. Company president Francis Johnson talks us through what’s setting the company aside from the competition – from tech investments, to culture, to a full suite of products.
Jazmin Orozco Rodriguez Mientras las autoridades migratorias llevan a cabo lo que el presidente Donald Trump ha prometido que será la mayor operación de deportación masiva en la historia de Estados Unidos, varios estados están aprobando leyes para evitar que los niños de padres detenidos, sin otros familiares o amigos, entren al sistema de cuidado temporal. El gobierno federal no lleva un registro de cuántos niños han ingresado a este sistema como consecuencia de operativos de control migratorio, lo que dificulta saber con qué frecuencia ocurre. En Oregon, hasta febrero, dos niños habían sido ubicados en hogares temporales luego de…
This edition of International People Moves details appointments at Aon Commercial and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Aon Commercial Risk Taps Howden’s Reed as CCO, Major, Complex and Enterprise Clients in UK Insurance broker Aon plc professional services firm has appointed Adam Reed to chief commercial officer of major, complex and enterprise clients for Commercial Risk in the UK, effective starting September 2026. Reed will be based in London and report to Rob Kemp, CEO of Commercial Risk in the UK for Aon. In his new role, Reed will drive growth with…
Paola Arbour will stay at Tenet on a part-time basis to provide transition and support services through early 2028.
Convex Group, the expansive global specialty insurance and reinsurance underwriter, has returned to the catastrophe bond market and has an initial target to secure $200 million or more in retrocession from its third catastrophe bond sponsorship, a Hypatia Ltd. (Series 2026-1) issuance, Artemis can report.Convex became a first-time catastrophe bond sponsor back in 2020, securing $300 million of protection from the capital markets with its first Hypatia deal. Convex then returned in 2023 and secured $150 million of industry loss triggered retrocession with a Hypatia 2023-1 issuance. That 2023 issuance has recently matured, so this Series 2026-1 takedown under Hypatia…