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Local News – WTOP News
An Oscar that has been missing for over 50 years is replaced at Howard University
The first ever Oscar to be awarded to a Black winner went missing over 50 years ago at Howard University in D.C., but that award was replaced on Sunday.
POSTED OCTOBER 02, 2023 2:41 PM |
Getting a divorce in Maryland is now faster, and less burdensome
Among new laws that went into effect in Maryland on Oct. 1 is one that streamlines the state's notoriously lengthy and sometimes contentious divorce process.
POSTED OCTOBER 02, 2023 1:54 PM |
7% mortgage rates? For some DC-area buyers, it doesn’t really matter
Potential homebuyers in the D.C. region continue to face the headwinds trifecta of rising prices, very few for sale, and the highest mortgage rates in more than two decades.
POSTED OCTOBER 02, 2023 1:26 PM |
WTOP’s Neal Augenstein: My first year with stage 4 lung cancer
WTOP's Neal Augenstein relives his cancer diagnosis one year later.
POSTED OCTOBER 02, 2023 12:25 PM |
Metro service still impacted days after train derailment near Reagan National Airport
Blue and Yellow line trains will depart every 15 minutes to accommodate repair work after a 7000-series train hit debris and derailed Friday morning.
POSTED OCTOBER 02, 2023 11:39 AM |
Paddle boat for sale: Why an Eastern Shore town is looking for a new owner
“We’re kind of desperate to stop the bleeding.” The small Eastern Shore town of Snow Hill, Maryland, bought a paddle boat to drum up revenue, but it hasn't been smooth sailing.
POSTED OCTOBER 02, 2023 11:00 AM |
Fairfax Co. police seek person of interest after woman found dead in tent at Burke Lake
Police found 40-year-old Cara Abbruscato of Fairfax dead inside a tent at Burke Lake Park campgrounds on Saturday.
POSTED OCTOBER 02, 2023 10:59 AM |
DC-area group offers tour of Harriet Tubman landmarks, Underground Railroad
She was considered the conductor of the Underground Railroad. Now, a local group wants young people to walk the steps of the great abolitionist Harriet Tubman.
POSTED OCTOBER 02, 2023 10:30 AM |
October entertainment brings fall festivals, LL Cool J in concert and Taylor Swift on the big screen
October is an excellent month for fall festivals and Halloween events. WTOP's Jason Fraley put together a roundup of fun events around the area happening during the month.
POSTED OCTOBER 02, 2023 10:25 AM |
Even the threat of government shutdown carries a cost
Although the federal government avoided a shutdown this weekend, the simple threat of one has carried a cost that continues to hang over federal operations.
POSTED OCTOBER 02, 2023 3:00 AM |
The trusted source of unique, data-driven insights on insurance to inform and empower consumers.
Surge in U.S. auto insurer claim payouts due to economic and social inflation
The latest Insurance Information Institute (Triple-I) research indicates that between 2013 and 2022, economic and social inflation fueled a $96 to $105 billion increase in combined claim payouts for U.S. personal and commercial auto insurer liability. The report “Impact of Increasing Inflation on Personal and Commercial Auto Liability Insurance” outlines Triple-I’s continued exploration of the … Continue reading Surge in U.S. auto insurer claim payouts due to economic and social inflation →
POSTED SEPTEMBER 28, 2023 2:04 PM |
Attacking the Risk Crisis: Roadmap to Investmentin Flood Resilience
As part of its attack on the risk crisis, Triple-I recently participated in a project led by the National Institute of Building Sciences (NIBS) to develop a roadmap for mitigation investment incentives. The Resilience Incentivization Roadmap 2.0 builds off research NIBS published in 2019 and focuses on urban pluvial flooding, though many of the principles can be … Continue reading Attacking the Risk Crisis: Roadmap to Investmentin Flood Resilience →
POSTED SEPTEMBER 28, 2023 1:56 PM |
How Proposition 103 Worsens Risk CrisisIn California
California is not the only U.S. state struggling with insurance availability and affordability, but — as described in a new Triple-I Issues Brief — its problems are exacerbated by a three-decades-old legislative measure that severely constrains insurers’ ability to profitably insure property in the state. Instead of letting insurers use the most current data and … Continue reading How Proposition 103 Worsens Risk CrisisIn California →
POSTED SEPTEMBER 21, 2023 4:59 PM |
It’s Not an “Insurance Crisis” — It’s a Risk Crisis
Ten states – Louisiana, Florida, Idaho, Kentucky, Mississippi, Montana, North Dakota, South Carolina, Texas, and Virginia – as well as additional plaintiffs, are suing the Federal Emergency Management Agency (FEMA) over its new methodology for pricing flood insurance, Risk Rating 2.0. On Sept. 14, a federal hearing lasted six hours as the plaintiffs sought a … Continue reading It’s Not an “Insurance Crisis” — It’s a Risk Crisis →
POSTED SEPTEMBER 20, 2023 4:28 PM |
Shutdown Threat Looms Over U.S. Flood Insurance
Even as the 2023 Atlantic hurricane season proves to be more intense than originally predicted, federal funding for the National Flood Insurance Program (NFIP) is threatened by a potential government shutdown. Funding for NFIP will expire after September 30 if lawmakers don’t reach a deal. Claims on existing policies would still get paid if NFIP … Continue reading Shutdown Threat Looms Over U.S. Flood Insurance →
POSTED SEPTEMBER 18, 2023 3:05 PM |
Michigan Drivers Benefit From No-Fault Reforms; Rulings Constrain Gains
By Max Dorfman, Research Writer, Triple-I The success of Michigan’s no-fault insurance reforms at reining in claims and contributing to premium reductions for many drivers has been crimped by adverse court decisions in cases contesting the reforms and other factors, according to new research by two Triple-I non-resident scholars. Michigan can be viewed as “an … Continue reading Michigan Drivers Benefit From No-Fault Reforms; Rulings Constrain Gains →
POSTED SEPTEMBER 14, 2023 6:50 PM |
IRC: Consumers Deem Most Rating Factors Fair
By Max Dorfman, Research Writer, Triple-I Most consumers believe the majority of personal insurance rating factors that insurers use to underwrite and price homeowners and auto coverage are fair, according to a new survey by the Insurance Research Council (IRC) – like Triple-I, an affiliate of The Institutes. But there was some variation regarding which variables they consider … Continue reading IRC: Consumers Deem Most Rating Factors Fair →
POSTED SEPTEMBER 12, 2023 3:39 PM |
NAIC Seeks Granular Data From Insurers to Help Fill Local Protection Gaps
Data is at the core of risk management, and the National Association of Insurance Commissioners (NAIC) is seeking to identify gaps in the data state regulators collect from insurers – particularly with respect to understanding insurance availability and affordability. “The increasing frequency and severity of weather events, rising reinsurance costs, and inflationary pressures are making … Continue reading NAIC Seeks Granular Data From Insurers to Help Fill Local Protection Gaps →
POSTED SEPTEMBER 05, 2023 9:43 PM |
How Liberty Mutual Foundation BringsRisk ManagementInto Communities
By Max Dorfman, Research Writer, Triple-I Nature-based solutions, green jobs, and resilient infrastructure are at the core of Liberty Mutual Foundation’s approach to helping marginalized communities that are most vulnerable to climate-related perils. “We believe investing philanthropically in communities to help them mitigate and adapt to the impact of climate change is a natural extension … Continue reading How Liberty Mutual Foundation BringsRisk ManagementInto Communities →
POSTED AUGUST 28, 2023 2:51 PM |
Keep It Simple:Security System Complexity Correlates With Breach Costs
By Max Dorfman, Research Writer, Triple-I Artificial intelligence is helping to limit the costs associated with data breaches, a recent study by IBM and the Ponemon Institute found. While these costs continue to rise, they are increasing more slowly for some organizations – in particular, those using less-complex, more-automated security systems. According to the study, … Continue reading Keep It Simple:Security System Complexity Correlates With Breach Costs →
POSTED AUGUST 23, 2023 7:22 PM |
SCHOCHOR, STATON, GOLDBERG AND CARDEA, P.A. AND JANET, JANET & SUGGS, LLC FILE CLASS ACTION LAWSUIT AGAINST ARCHDIOCESE OF WASHINGTON
Law Firms Seek Justice on Behalf of Sexual Abuse Victims Under the Newly Enacted Maryland Child Victims Act of 2023 BALTIMORE, Oct. 2, 2023 /PRNewswire/ -- Schochor, Staton, Goldberg and Cardea, P.A. and Janet, Janet & Suggs, LLC, two leading Maryland-based medical malpractice, personal...
POSTED OCTOBER 02, 2023 3:58 PM |
S&T BANCORP TO WEBCAST THIRD QUARTER EARNINGS CONFERENCE CALL
INDIANA, Pa., Oct. 2, 2023 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced today that a conference call detailing the company's third quarter 2023 earnings will be held live over the Internet at 1:00 p.m. ET on Thursday, October 19, 2023....
POSTED OCTOBER 02, 2023 3:57 PM |
Bitsight identifie près de 100 000 systèmes de contrôle industriels exposés publiquement sur Internet
Par le biais des systèmes de contrôle industriel exposés, les attaquants pourraient potentiellement prendre le contrôle de l'infrastructure physique, menaçant ainsi les entreprises et les communautés du monde entier. BOSTON, 2 octobre 2023 /PRNewswire/ -- Bitsight, un leader dans la...
POSTED OCTOBER 02, 2023 3:57 PM |
Erie Insurance earns four 2023 Diversity Impact Awards™ from Global ERG Network
ERIE's Dignity and Respect Affinity Network, Women's Affinity Network, Veterans Affinity Network and VP & Wisconsin Branch Manager Fred Johnson honored ERIE, Pa., Oct. 2, 2023 /PRNewswire/ -- Erie Insurance (ERIE) has earned four 2023 Diversity Impact Awards™ from the Global ERG Network,...
POSTED OCTOBER 02, 2023 3:55 PM |
GoSpotCheck by FORM Introduces First Image Recognition AI App for Every On-Premise Display
Beer Taps, Beer Menu, Wine Menu, Cocktail Menu, and Back Bar now Available for AI Detection using GoSpotCheck's Technology QUINCY, Mass., Oct. 2, 2023 /PRNewswire/ -- GoSpotCheck by FORM, the top AI-powered retail execution platform for Beverage Alcohol and CPG, recently unveiled the...
POSTED OCTOBER 02, 2023 3:53 PM |
AUO Board Approves Acquisition of German Behr-Hella Thermocontrol GmbH ("BHTC") to Advance Global Strategic Expansion into Smart Mobility Ecosystem
HSINCHU, Oct. 2, 2023 /PRNewswire/ -- AUO Corporation ("AUO") (TWSE:2409) announced today that it has entered into a definitive agreement under which AUO will acquire 100% equity interest in the German company Behr-Hella Thermocontrol GmbH (hereinafter referred to as "BHTC") at an...
POSTED OCTOBER 02, 2023 3:50 PM |
UNIQUE VACATIONS, INC., AFFILIATE OF THE WORLDWIDE REPRESENTATIVE OF SANDALS® AND BEACHES® RESORTS, APPOINTS MICHAEL DELGADO CHIEF INFORMATION OFFICER
~Seasoned leader in digital transformation will drive accelerated innovation and growth~ MIAMI, Oct. 2, 2023 /PRNewswire/ -- Unique Vacations, Inc. (UVI), an affiliate of the worldwide representative of Sandals® Resorts and Beaches® Resorts, has announced that Michael Delgado will join...
POSTED OCTOBER 02, 2023 3:48 PM |
Mease Life Affiliates With Acts Retirement-Life Communities
FORT WASHINGTON, Pa., Oct. 2, 2023 /PRNewswire/ -- Mease Life, a not-for-profit continuing care retirement community (CCRC) in Dunedin, Florida has completed an affiliation with Pennsylvania-based Acts Retirement-Life Communities, Inc., one of the nation's largest not-for-profit senior...
POSTED OCTOBER 02, 2023 3:47 PM |
Shopoff Realty Investments Sells Fully Entitled Moss Street Townhome Development in Chula Vista
CHULA VISTA, Calif., Oct. 2, 2023 /PRNewswire/ -- Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the company has successfully sold its 141-unit Moss Street Townhome project to Shea Homes. "This...
POSTED OCTOBER 02, 2023 3:47 PM |
COMUNICADO:Cambrex completa una expansión de capacidad de 38 millones de dólares en High Point, Carolina del Norte
EAST RUTHERFORD, N.J, 2 de octubre de 2023 /PRNewswire/ -- Cambrex anunció hoy la finalización de su ampliación de capacidad de 38 millones de dólares en sus instalaciones de fabricación de ingredientes farmacéuticos activos (API) de molécula pequeña en High Point, Carolina del Norte....
POSTED OCTOBER 02, 2023 3:47 PM |
SCHOCHOR, STATON, GOLDBERG AND CARDEA, P.A. AND JANET, JANET & SUGGS, LLC FILE CLASS ACTION LAWSUIT AGAINST ARCHDIOCESE OF WASHINGTON
Law Firms Seek Justice on Behalf of Sexual Abuse Victims Under the Newly Enacted Maryland Child Victims Act of 2023 BALTIMORE, Oct. 2, 2023 /PRNewswire/ -- Schochor, Staton, Goldberg and Cardea, P.A. and Janet, Janet & Suggs, LLC, two leading Maryland-based medical malpractice, personal...
POSTED OCTOBER 02, 2023 3:58 PM |
S&T BANCORP TO WEBCAST THIRD QUARTER EARNINGS CONFERENCE CALL
INDIANA, Pa., Oct. 2, 2023 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced today that a conference call detailing the company's third quarter 2023 earnings will be held live over the Internet at 1:00 p.m. ET on Thursday, October 19, 2023....
POSTED OCTOBER 02, 2023 3:57 PM |
Bitsight identifie près de 100 000 systèmes de contrôle industriels exposés publiquement sur Internet
Par le biais des systèmes de contrôle industriel exposés, les attaquants pourraient potentiellement prendre le contrôle de l'infrastructure physique, menaçant ainsi les entreprises et les communautés du monde entier. BOSTON, 2 octobre 2023 /PRNewswire/ -- Bitsight, un leader dans la...
POSTED OCTOBER 02, 2023 3:57 PM |
Erie Insurance earns four 2023 Diversity Impact Awards™ from Global ERG Network
ERIE's Dignity and Respect Affinity Network, Women's Affinity Network, Veterans Affinity Network and VP & Wisconsin Branch Manager Fred Johnson honored ERIE, Pa., Oct. 2, 2023 /PRNewswire/ -- Erie Insurance (ERIE) has earned four 2023 Diversity Impact Awards™ from the Global ERG Network,...
POSTED OCTOBER 02, 2023 3:55 PM |
GoSpotCheck by FORM Introduces First Image Recognition AI App for Every On-Premise Display
Beer Taps, Beer Menu, Wine Menu, Cocktail Menu, and Back Bar now Available for AI Detection using GoSpotCheck's Technology QUINCY, Mass., Oct. 2, 2023 /PRNewswire/ -- GoSpotCheck by FORM, the top AI-powered retail execution platform for Beverage Alcohol and CPG, recently unveiled the...
POSTED OCTOBER 02, 2023 3:53 PM |
AUO Board Approves Acquisition of German Behr-Hella Thermocontrol GmbH ("BHTC") to Advance Global Strategic Expansion into Smart Mobility Ecosystem
HSINCHU, Oct. 2, 2023 /PRNewswire/ -- AUO Corporation ("AUO") (TWSE:2409) announced today that it has entered into a definitive agreement under which AUO will acquire 100% equity interest in the German company Behr-Hella Thermocontrol GmbH (hereinafter referred to as "BHTC") at an...
POSTED OCTOBER 02, 2023 3:50 PM |
UNIQUE VACATIONS, INC., AFFILIATE OF THE WORLDWIDE REPRESENTATIVE OF SANDALS® AND BEACHES® RESORTS, APPOINTS MICHAEL DELGADO CHIEF INFORMATION OFFICER
~Seasoned leader in digital transformation will drive accelerated innovation and growth~ MIAMI, Oct. 2, 2023 /PRNewswire/ -- Unique Vacations, Inc. (UVI), an affiliate of the worldwide representative of Sandals® Resorts and Beaches® Resorts, has announced that Michael Delgado will join...
POSTED OCTOBER 02, 2023 3:48 PM |
Mease Life Affiliates With Acts Retirement-Life Communities
FORT WASHINGTON, Pa., Oct. 2, 2023 /PRNewswire/ -- Mease Life, a not-for-profit continuing care retirement community (CCRC) in Dunedin, Florida has completed an affiliation with Pennsylvania-based Acts Retirement-Life Communities, Inc., one of the nation's largest not-for-profit senior...
POSTED OCTOBER 02, 2023 3:47 PM |
Shopoff Realty Investments Sells Fully Entitled Moss Street Townhome Development in Chula Vista
CHULA VISTA, Calif., Oct. 2, 2023 /PRNewswire/ -- Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the company has successfully sold its 141-unit Moss Street Townhome project to Shea Homes. "This...
POSTED OCTOBER 02, 2023 3:47 PM |
COMUNICADO:Cambrex completa una expansión de capacidad de 38 millones de dólares en High Point, Carolina del Norte
EAST RUTHERFORD, N.J, 2 de octubre de 2023 /PRNewswire/ -- Cambrex anunció hoy la finalización de su ampliación de capacidad de 38 millones de dólares en sus instalaciones de fabricación de ingredientes farmacéuticos activos (API) de molécula pequeña en High Point, Carolina del Norte....
POSTED OCTOBER 02, 2023 3:47 PM |
Finextra Research Headlines
FCA probes Revolut over red-flag accounts - FT
The Financial Conduct Authority is looking into whether Revolut allowed money to leave accounts flagged as suspicious by the National Crime Agency, according to the Financial Times.
POSTED OCTOBER 02, 2023 1:01 PM |
Lloyds Bank rolls out proof of identity app
Lloyds Bank is rolling out a digital ID app that gives individuals a safe way to prove their identity from their phone, with no need to show documents or share an excessive amount of personal data.
POSTED OCTOBER 02, 2023 11:55 AM |
Mexican neobank albo secures $40 million Series C
Mexican neobank albo has closed on a $40 million growth funding round as it eyes profitability in 2024.
POSTED OCTOBER 02, 2023 9:51 AM |
UK challenger Redwood goes public on reverse takeover of R8 Capital
Redwood, the British challenger bank for SMEs, is looking to raise fresh capital through a reverse takeover of London-listed R8 Capital Investments.
POSTED OCTOBER 02, 2023 9:26 AM |
West Midlands emerges as UK fintech hub
The West Midlands is gaining recognition as one of three fintech hubs in the UK, according to a new report revealing that the sector supports more than 11,000 jobs in the region.
POSTED OCTOBER 02, 2023 9:05 AM |
Ex-Goldman associate charged with insider trading
US prosecutors have charged a former Goldman Sachs employee with securities fraud for allegedly tipping off friends about deals over Xbox chat.
POSTED OCTOBER 02, 2023 12:01 AM |
FCA calls for era of “new enlightenment” for financial inclusion
At the Scottish Financial Enterprise: Extending Financial Inclusion event in Glasgow this afternoon, CEO of the Financial Conduct Authority (FCA) Nikhil Rathi delivered a speech on how the regulator plans to implement policies to include the financially excluded in the current cost of living crisis, calling it “a new enlightenment” for financial inclusion.
POSTED SEPTEMBER 29, 2023 2:00 PM |
WFE's regulatory affairs head on the risks of unregulated crypto-trading platforms
“Using the term exchange can be misleading if you’re not doing these things,” said Richard Metcalfe, head of regulatory affairs at the World Federation of Exchanges (WFE) when speaking to Finextra after laying out their six recommendations for regulators and crypto trading platforms.
POSTED SEPTEMBER 29, 2023 12:58 PM |
Zumo first to conform to FCA’s tech-based crypto promotion rules
Zumo has become the first digital asset platform to integrate tech-based requirements of the Financial Conduct Authority’s (FCA’s) new financial promotions regime for cryptoasset firms.
POSTED SEPTEMBER 29, 2023 12:46 PM |
AI race heats up between France and UK
Xavier Niel, French billionaire and chairman of the Iliad group, has announced his intention to host an AI conference in Paris in November, the same month as Britain’s AI Safety Summit.
POSTED SEPTEMBER 29, 2023 10:43 AM |
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