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Michael Jordan’s Rookie Sneakers Estimated to Sell for $1 Million or More
One of the first pairs of sneakers Michael Jordan wore as a professional basketball player could become the most valuable pair ever sold at auction, CNBC recently reported. The red-and-white Nike Air Ships, which Jordan wore in 1984 during his rookie season, are being offered by Sotheby’s and opened for advanced bidding on Oct. 8. The signed sneakers are estimated
Pedal Pubs Prompt Concerns After Falls and Injuries
A recent video that shows a man stumbling off a Tennessee pedal pub and falling into a moving car has added to growing concerns over the safety of open-air bike bars and other so-called “transportainment” vehicles where alcohol is served. In the video, a man is seen sitting in the backseat of a parked Nashville Pedal Tavern vehicle before falling
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Everything you need to know about Parametric Insurance Thursday, November 11, 2021 at 1:30 PM EST Parametric Insurance is reaching a new level of popularity with clients. A form of risk transfer, it’s different from traditional property coverage, in that it issues a set payment upon the occurrence of a triggering event, such as a hurricane or wildfire. To help…
The U.S. government is working with the private sector to bolster the country’s cybersecurity, the White House recently announced. During a meeting on Aug. 25, President Joe Biden called on companies to “raise the bar on cybersecurity” and outlined a number of initiatives to address the growing threat of cybercrime, including plans for the National Institute of Standards and Technology…
A real estate agent and realty company are being sued for their handling of a $4.6 million home sale in Sarasota, Florida. According to a report in the Sarasota Herald-Tribune, a man who wanted to buy the Bird Key neighborhood property but whose offer was not chosen is accusing real estate agent Roger Pettingell and Coldwell Banker Realty of manipulating…
An 11-mile-long oil slick in the Gulf of Mexico is one of more than 2,000 reports of water pollution being investigated by authorities in Louisiana after Hurricane Ida tore through the state on Aug. 29. The ruptured pipeline is located just south of oil and gas hub Port Fourchon, where the Category 4 storm caused significant damage and forced the…
Officials are continuing to investigate an Aug. 14 tour bus accident that sent dozens of passengers to the hospital. The bus was headed from Poughkeepsie to Niagara Falls and was carrying 57 adults and children when it ran off the highway and rolled over near Weedsport, New York, landing on its side. A total of 24 ambulances responded to the…
A road construction worker was tragically killed on I-94 in Michigan on Aug. 27 after a semi-truck struck the crane that the worker was operating. According to Michigan State Police, the worker was completing bridgework on an overpass near Paw Paw and had attempted to jump from the equipment before it was hit by the semi-truck. The worker died at…
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During this webinar, our experts provide outlook into the fourth quarter of 2021, with specific insights into Brokerage Property, Environmental, and Commercial Insurance. Hosted by Paul Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group. https://vimeo.com/625777766/615b9b2381
It is a cautious time for underwriters in the Healthcare insurance industry. The overall hardening of the market continues into 2021 and carriers are pulling back on coverage in key areas in the wake of the COVID-19 pandemic—most notably Senior Care and Nursing Homes. Meanwhile, the Medical Malpractice market expects to see claims of up to $20 billion over the…
In the wake of Hurricane Ida and an alarming number of other severe weather events in the U.S., Homeowners Insurance has been in the spotlight — particularly for those living in the Gulf Coast. To learn more, Crain’s Content Studio spoke with Rachel Salter, Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, New Orleans, Louisiana. What are some of the…
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