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Chubb Launches Client Methane Resource Center

November 28, 2023

Chubb Limited recently announced the launch of the Chubb Methane Resource Hub, a digital resource offering clients information and insights for measuring and mitigating methane emissions. The initiative draws on technical expertise and guidance from Environmental Defense Fund. The hub …

https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png 512 512 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-28 11:10:452023-11-28 14:00:37Chubb Launches Client Methane Resource Center

MLB, Formula 1 Face Fraud Suits for Promoting FTX Cryptocurrency

November 28, 2023

FTX investors suing the cryptocurrency exchange’s celebrity promoters for allegedly helping to facilitate an $11 billion fraud have some new targets, including Major League Baseball, Formula 1 racing and Mercedes-Benz Group AG’s racing team. Investors’ lawyers sued MLB – the …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/FTX-MLB-umpire-Bloomberg-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-28 11:02:522023-11-28 14:00:38MLB, Formula 1 Face Fraud Suits for Promoting FTX Cryptocurrency

3M, DuPont Defeat Massive Class Action Over Forever Chemicals

November 28, 2023

A U.S. appeals court on Monday handed 3M, Corteva Inc subsidiary E.I. du Pont de Nemours and Co and other manufacturers of toxic so-called “forever chemicals” a big win in their fight against legal liability for the substances, rejecting a …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/3M-HQ-580x386-1.jpg 386 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-28 10:13:512023-11-28 14:00:393M, DuPont Defeat Massive Class Action Over Forever Chemicals

US Warns of Growing Threats to Ships Sailing Through Red Sea

November 28, 2023

A spate of attacks on merchant shipping near Yemen and Somalia, likely triggered by the war in Gaza, have prompted the US to warn vessel operators to be extra careful when navigating the region. On Nov. 19, Houthis seized of …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/houthi-fighters-approach-galaxy-leader-in-red-sea-getty-580x326-1.jpg 326 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-28 07:57:222023-11-28 14:00:40US Warns of Growing Threats to Ships Sailing Through Red Sea

NCOIL Names New Officers at Annual Meeting

November 28, 2023

The National Council of Insurance Legislators (NCOIL) said it elected a new slate of officers at its Annual National Meeting. Texas Representative Tom Oliverson will serve as president; New York Assemblywoman Pamela Hunter was elected as vice president; Minnesota Senator …

https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png 512 512 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-28 02:24:182023-11-28 14:00:40NCOIL Names New Officers at Annual Meeting

US, Britain, Other Countries Ink Agreement to Make AI ‘Secure by Design’

November 28, 2023

The United States, Britain and more than a dozen other countries on Sunday unveiled what a senior U.S. official described as the first detailed international agreement on how to keep artificial intelligence safe from rogue actors, pushing for companies to …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/ai-580x363-1.jpg 363 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-28 02:00:442023-11-28 14:00:41US, Britain, Other Countries Ink Agreement to Make AI ‘Secure by Design’

Federal Cyber Insurance Backstop Is Warranted With Focus on Catastrophic Risk

November 28, 2023

Much more work and collaboration needs to be done but the U.S. Treasury has reached a “tentative conclusion” that a potential federal cyber insurance backstop will be focused on catastrophic cyber risk. “We will remain focused on the policy options …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/concept-of-cyberattack-and-data-protection-469256099-bigstock-580x357-1.jpg 357 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-28 01:05:412023-11-28 14:00:42Federal Cyber Insurance Backstop Is Warranted With Focus on Catastrophic Risk

White House Touts New Supply Chain Measures as Inflation Eases

November 27, 2023

The Biden administration will announce a redoubling of measures to strengthen supply chains on Monday, expanding an effort it credits with helping to ease post-pandemic inflation. Central to the effort is a new White House Council on Supply Chain Resilience, …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/supply-chain-conatiners-Bloomberg-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-27 11:30:392023-11-27 14:01:59White House Touts New Supply Chain Measures as Inflation Eases

Biden’s Clean Energy Agenda Faces Mounting Headwinds

November 27, 2023

Canceled offshore wind projects, imperiled solar factories, fading demand for electric vehicles. A year after passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development, economic realities are fraying …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/Renewable-Energy-Clean-580x385-1.jpg 385 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-27 10:18:532023-11-27 14:02:00Biden’s Clean Energy Agenda Faces Mounting Headwinds

Honda Recalls Select Accords, HR-Vs Over Missing Seat Belt Piece

November 27, 2023

Honda is recalling select 2023-2024 Accord and HR-V vehicles due to a missing piece in the front seat belt pretensioners, which could increase injury risks during a crash. According to notices published by Honda and the National Highway Traffic Safety …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/Honda-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-27 02:17:042023-11-27 14:02:01Honda Recalls Select Accords, HR-Vs Over Missing Seat Belt Piece

US Labor Board Files Complaint Against Mozilla for Refusing to Hire Apple Activist

November 27, 2023

When Cher Scarlett began speaking up about labor issues at Apple Inc., she knew she was at risk of losing her software engineering job, but was confident she could find another. Yet two years after her departure from the iPhone …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/NLRB-Bloomberg-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-27 02:03:252023-11-27 14:02:02US Labor Board Files Complaint Against Mozilla for Refusing to Hire Apple Activist

SCOTUS to Hear Purdue Pharma Settlement Plan That’s Dividing Opioid Victims

November 27, 2023

The agreement by the maker of OxyContin to settle thousands of lawsuits over the harm done by opioids could help combat the overdose epidemic that the painkiller helped spark. But that does not mean all the victims are satisfied. In …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/opioid-crisis-victime-AP-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-27 01:30:392023-11-27 14:02:02SCOTUS to Hear Purdue Pharma Settlement Plan That’s Dividing Opioid Victims

Reinsurers Cautious About US Regional Property Cat as Storm Losses Rise: Gallagher Re

November 22, 2023

After a costly 2023 severe convective storm season in the US, reinsurers underwriting in the regional property catastrophe market are skeptical about providing frequency cover, but their overall appetite remains healthy, according to Gallagher Re. Carriers are less willing to …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/super-cell-AP-photo-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-22 12:39:582023-11-22 13:59:35Reinsurers Cautious About US Regional Property Cat as Storm Losses Rise: Gallagher Re

Beware! Thanksgiving Risks to Watch

November 22, 2023

Thanksgiving seems like the safest of holidays. No fireworks, no green beer, no candles burning brightly next to tinsel-covered kindling. Just eat your dinner, take a nap and call it a day. And yet, Thanksgiving is among the most dangerous …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/bigstock-Thanksgiving-dinner-Thanksgiv-153044570-580x395-1.jpg 395 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-22 10:10:122023-11-22 13:59:36Beware! Thanksgiving Risks to Watch

Corporate America Is Rethinking Diversity Hiring as Legal Challenges Rise

November 22, 2023

The same conservative activists who helped gut race-related college admissions at the US Supreme Court have now set their sights on corporate diversity programs, barraging airlines, tech giants and law firms with lawsuits and complaints. And they’re already having an …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/former-trump-adviser-stephen-miller-bloomberg-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-22 07:59:052023-11-22 13:59:37Corporate America Is Rethinking Diversity Hiring as Legal Challenges Rise

Binance Was Used to Funnel Money to Hamas, Other Militant Groups

November 22, 2023

In February 2019, Binance Holdings Ltd.’s then-Chief Compliance Officer Samuel Lim acknowledged that the cryptocurrency exchange was being used to funnel money to Hamas, explaining to a colleague that terrorists normally sent “small sums.” Hamas could “barely buy an AK47 …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/binance-logo-on-laptop-bloomberg-via-getty-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-22 06:41:132023-11-22 13:59:38Binance Was Used to Funnel Money to Hamas, Other Militant Groups

AM Best: Number of P/C Gross Impairments Falls in 2022; No Net Impairments

November 22, 2023

Despite the reversal seen in the U.S. equity market and rising inflation and interest rates, property/casualty insurers performed well in 2022, according to the latest report on the long-term impairment rates of U.S.-domiciled insurance companies. The report released earlier this …

https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png 512 512 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-22 03:24:492023-11-22 13:59:38AM Best: Number of P/C Gross Impairments Falls in 2022; No Net Impairments

Markets/Coverages: CFC Upgrades Packaged Cyber Cover, Services for SMEs

November 22, 2023

Specialist insurer CFC announced a major upgrade to its packaged insurance policies for professional services businesses. Brokers selling CFC’s professional liability policies can offer SME clients add-on cyber cover that now includes broad cybercrime coverage, as well as giving SMEs …

https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png 512 512 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-22 03:15:352023-11-22 13:59:38Markets/Coverages: CFC Upgrades Packaged Cyber Cover, Services for SMEs

Judge Finds Evidence That Tesla, Musk Knew About Autopilot Defect

November 22, 2023

A Florida judge found “reasonable evidence” that Tesla Chief Executive Elon Musk and other managers knew the automaker’s vehicles had a defective Autopilot system but still allowed the cars to be driven unsafely, according to a ruling. Judge Reid Scott, …

https://www.maddoxinsured.com/wp-content/uploads/2023/11/Tesla-inside-Bigstock-580x369-1.jpg 369 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-22 02:03:402023-11-22 13:59:39Judge Finds Evidence That Tesla, Musk Knew About Autopilot Defect

Thanksgiving Cargo Theft Threat ‘Extremely High’: CargoNet

November 22, 2023

The threat of cargo theft activity this Thanksgiving is “extremely high” and “unlike any recent year,” according to CargoNet. CargoNet, a Verisk product, has tracked a sharp increase in year-over-year theft reports. Since November 2022, the average number of reports …

https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png 512 512 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-11-22 01:54:592023-11-22 13:59:39Thanksgiving Cargo Theft Threat ‘Extremely High’: CargoNet
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Resources

  • US Small Business Administration
  • Shelby County TN Business Tax Division

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Maddox Insurance Agency

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2151 Courtland Place | Memphis, TN 38104

Licensed in Tennessee, Mississippi & Arkansas

Contact

Phone: (901) 335-0154
Fax: (901) 255-9141

Lee.Maddox@maddoxinsured.com

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