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Private market insured losses from Hurricane Idalia to be $3-5 billion – Moody’s RMS

4 Sep 2023

(Reuters) – Private market insured losses are expected to be between $3 billion and $5 billion due to Hurricane Idalia which struck the Big Bend region of Florida last week, the catastrophe risk modeling business of Moody’s said in a report on Monday. Idalia hit Florida’s Gulf Coast with fierce winds, torrential rains and pounding …

Private market insured losses from Hurricane Idalia to be $3-5 billion – Moody’s RMS Read More »

Jimmy Buffett, ‘Margaritaville’ singer, dead at 76

2 Sep 2023

By Rosalba O’Brien (Reuters) – Jimmy Buffett, the American singer-songwriter who went from Key West beach bum to billionaire behind the always-on-vacation “Margaritaville” commercial empire, has died at the age of 76. “Jimmy passed away peacefully on the night of September 1st surrounded by his family, friends, music and dogs. He lived his life like …

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Bill Richardson, U.S. diplomat and troubleshooter, dead at 75

2 Sep 2023

By Will Dunham WASHINGTON (Reuters) – Bill Richardson, a former U.S. diplomat, congressman, energy secretary and New Mexico governor who made his mark on the world stage by securing the release of Americans and others held by various autocratic governments, has died at the age of 75, the Richardson Center for Global Engagement said on …

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US sues Southern California Edison over 2020 California wildfire

2 Sep 2023

By Jonathan Stempel (Reuters) -The U.S. government on Friday sued Southern California Edison, accusing the Edison International unit of negligence that caused the 2020 Bobcat Fire, which burned close to 180 square miles (466 sq km) in one of the largest wildfires ever in Los Angeles County. In a complaint filed in Los Angeles federal …

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US Capitol attack: Proud Boys leader gets 18 years in prison, matching longest

2 Sep 2023

By Makini Brice and Sarah N. Lynch WASHINGTON (Reuters) -A leader of the far-right Proud Boys was sentenced on Friday to 18 years in prison over the U.S. Capitol attack, equaling the longest punishment in the case so far, while another member sentenced to 10 years yelled “Trump won” as he left court. The pair …

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Trump ally Giuliani pleads not guilty to Georgia election subversion charges -court filing

2 Sep 2023

(Reuters) – Rudy Giuliani, Donald Trump’s former personal lawyer, has waived a formal arraignment and pleaded not guilty in the Georgia election subversion case, according to a court filing on Friday. Giuliani, a former federal prosecutor and New York City mayor, was charged last month along with former U.S. President Trump and 17 co-defendants with …

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Democrats push abortion rights to heart of 2024 campaign

2 Sep 2023

By Nandita Bose WASHINGTON (Reuters) -Abortion rights helped Democrats stave off a hefty defeat at midterm elections last year and the party aims to put the issue at the center of the 2024 fight for the White House. As Republican candidates propose new measures to restrict abortions and Republican-led states roll out tighter controls, President …

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