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Two More Oil Supertankers Exit Hormuz to Help Push Up Flows
Commercial shipping through the Strait of Hormuz gained modest momentum over the past 24 hours as at least two non-Iranian supertankers exited the Persian Gulf, the latest mini-flurry in energy flows transiting the vital waterway.The Singapore-linked Eagle Veracruz and Greek-owned …
POSTED MAY 27, 2026 11:07 AM |
Tanker Reports External Explosion off Oman Coast, Crew Safe, UKMTO Says
United Kingdom Maritime Trade Operations said on Tuesday that a tanker had reported an external explosion on the vessel’s port side, close to the waterline, 60 nautical miles off Oman’s capital Muscat. UKMTO said the vessel, identified as the Olympic …
POSTED MAY 27, 2026 9:22 AM |
Viewpoint: Tackling the Threat of Legal System Abuse
Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from …
POSTED MAY 27, 2026 5:13 AM |
Supreme Court Tosses Florida Suit Over Immigrant Driver’s Licenses
The US Supreme Court refused to let Florida file an unusual lawsuit that accused California and Washington of making it too easy for undocumented immigrants to get commercial driver’s licenses. Giving no explanation, the justices on Tuesday rejected Florida’s bid …
POSTED MAY 27, 2026 5:02 AM |
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency
New York-based insurance broker USI Insurance Services has gone to court to halt a former employee it alleges has poached a few customers for his own newly-formed agency. USI claims that Billy J. MacNair is violating employment and severance agreements …
POSTED MAY 27, 2026 5:00 AM |
Crest Insurance Group Names Hart Vice President, Employee Benefits
Crest Insurance Group named Tony Hart vice president, employee benefits in the firm’s Henderson, Nevada office. Hart has nearly 20 years of employee benefits brokerage and consulting experience and specializes in cost containment, pharmacy management, population health and alternative funding …
POSTED MAY 27, 2026 5:00 AM |
Uber, Lyft Drivers in Massachusetts Form First US Ride-Share Union
Ride-share drivers for app-based companies such as Uber and Lyft have unionized in Massachusetts, forming what state officials and labor leaders said was the first officially recognized organization in the U.S. to represent such gig workers. The newly formed App …
POSTED MAY 27, 2026 5:00 AM |
JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims
The JPMorgan Chase & Co. banker named in a graphic sexual harassment suit that went viral last month hit back at her accuser with a defamation counterclaim, calling his allegations “entirely false” and “malicious.” Lorna Hajdini last Tuesday night countersued …
POSTED MAY 26, 2026 6:00 PM |
Inszone Acquires Michigan’s Legacy Partners
Inszone Insurance Services announced the acquisition of Michigan-based Legacy Partners Insurance Services. Founded in 2013 by Joe Graham, Legacy Partners has spent the last decade growing exponentially throughout Southeast Michigan. Operating out of its Harrison Township headquarters, the agency built …
POSTED MAY 26, 2026 4:47 PM |
Record-Setting Drought Devastates Wheat Crop in Kansas
Orville Williams has had a healthy wheat crop on his 2,600-acre farm in Montezuma, Kansas, every year since he was a teenager. It hasn’t always been easy. For instance, there were challenging economic times through the 1980s and various degrees …
POSTED MAY 26, 2026 4:38 PM |
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