BREAKING NEWS
2 more property insurance companies scaling back in Florida just 2 weeks into hurricane season
Read full article: 2 more property insurance companies scaling back in Florida just 2 weeks into hurricane seasonTwo weeks into hurricane season, and two property insurance companies in Florida are scaling back policy coverage, citing their vulnerability to natural disasters like hurricanes and flood.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/DRTIJZTZONEE7EOWN37D6D5VX4.jpg)
AP Exclusive: MLB suspends political donations after DC riot
Read full article: AP Exclusive: MLB suspends political donations after DC riotThe National Football League said it will reconsider its donations but did not commit to suspending them. “We are re-evaluating our political giving policies through the Gridiron PAC,” NFL spokesman Brian McCarthy told the AP in a statement Wednesday. Others, like MLB, have postponed political giving to both political parties altogether. The Office of The Commissioner of Major League Baseball Political Action Committee has donated $669,375 to Senate and House candidates since the 2016 election cycle, with 52.4% of that money going to Republican candidates, according to The Center for Responsive Politics. Since the 2016 election cycle, MLB has made contributions to two senators and nine representatives who were among those opposing certification of Biden's victory.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/WTYLEGCJFVFN7BISXTX6RQTVSM.jpg)
MLB sues insurance providers, cites billions in virus losses
Read full article: MLB sues insurance providers, cites billions in virus lossesMajor League Baseball and all 30 of its teams are suing their insurance providers, citing billions of dollars in losses during the 2020 season played almost entirely without fans due to the coronavirus pandemic. It says providers AIG, Factory Mutual and Interstate Fire and Casualty Company have refused to pay claims made by MLB despite the league's “all-risk” policy purchases. It also cites over a billion dollars in local and national media losses, plus tens of millions in missed income for MLB Advanced Media. Insurers in many cases have insisted that financial losses caused by the coronavirus do not constitute physical loss or property damage. “Coronavirus, a physical substance, has attached and adhered to Plaintiffs’ property and by doing so, altered that property.