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Flooding is becoming a regular and serious problem in Texas, with some communities facing the risk of repeated damage. Experts on housing and urban planning are now urging the state to start a voluntary buyout program. This would give residents living in high-risk flood areas a chance to move out safely. About 5 million people … Read more

Tesla Obtains Texas Rideshare License for Robotaxi Service

Tesla has received approval to operate a rideshare service in Texas, marking a new step for the company’s self-driving taxi ambitions. Tesla Robotaxi LLC has been granted a transportation network company license by the Texas Department of Licensing and Regulation. This license allows Tesla to run its robotaxi service alongside other ride-hailing giants like Uber … Read more

Louisiana Department of Insurance Unveils Upgraded Mobile App

The Louisiana Department of Insurance is rolling out an updated version of its mobile app just in time for the busiest part of hurricane season. The new LDIConnect app is designed to keep people informed and safe as storms approach, with peak hurricane activity expected around September 10. This upgraded app offers a variety of … Read more

Missouri DCI Appoints Key Leaders

The Missouri Department of Commerce and Insurance has made several key leadership appointments recently. Angela Nelson, the department director, announced that new leaders have been named for four important roles: Deputy Department Director, General Counsel, Director of Insurance Consumer Affairs, and Director of DCI Administration. Gina Clark is returning to the department as deputy director. … Read more

Markets/Coverages: New Marsh D&O Enhancement Supporting Clients’ IPO Initiatives

Marsh has introduced a new insurance feature for companies going public that offers extra protection during their initial public offering (IPO) process. This addition focuses on helping companies cover the costs of indemnifying investment banks involved in their IPOs—something not usually covered by standard directors and officers (D&O) insurance policies. When a company decides to … Read more

Illinois Hospital Faces Lawsuit Over Religious and Disability Discrimination

Silver Cross Hospital in New Lenox, Illinois, is facing legal action for not accommodating employees who asked to avoid the COVID-19 vaccine due to religious beliefs and medical issues. The U.S. Equal Employment Opportunity Commission (EEOC) filed two lawsuits against the hospital, accusing it of violating federal law. One lawsuit involves a lab worker who … Read more