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Sandy Hook settlement could trigger rise in insurance prices

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A historic US$73 million settlement with gun-maker Remington Arms over the fatal Sandy Hook shooting will likely to drive up the prices of insurance

According to firearms reporter Stephen Gutowski the price of insurance will likely rise following the major settlement with the gun maker, which was reached this week.

Remington Arms is set to pay $73 million to the families of victims killed in the Sandy Hook Elementary School massacre.

In December 2012, 20 students and six adults were killed by a gunman brandishing a Remington Bushmaster AR-15 rifle at a school in Connecticut after killing his mother at home.

The families of five children and four adults will receive a sum of the money, with the firearms company also releasing all the discovery and disposition material to the public.

After years in courts trying to hold Remington accountable, the settlement will finally be paid through insurance policies.

One victim’s mother has marked the day as an “inflection point”.

Gutowski says it’s the gunmakers who will cop the price hike, as this settlement will likely hold a precedence which will hold them responsible for fatal events such as the 2012 shooting at Sandy Hook.

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Trump nominates controversial Malaysia ambassador

Trump nominates Sydney influencer Nick Adams as US ambassador to Malaysia amidst diplomatic concerns and a controversial past.

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Trump nominates Sydney influencer Nick Adams as US ambassador to Malaysia amidst diplomatic concerns and a controversial past.

Donald Trump has nominated Nick Adams, a former suburban councillor from Sydney, to be the US ambassador to Malaysia.

Adams, who has built a significant following as a MAGA influencer, is known for his self-presentation as an “alpha male” and “cultural thought leader”. His nomination is pending confirmation by the US Senate.

Adams previously made headlines as a deputy mayor in Ashfield for a controversial proposal to eliminate pigeons to prevent bird flu. He was suspended from the Liberal Party after verbal abuse towards a journalist in 2009, although he claimed to have resigned prior to the suspension.

Now an American citizen, Adams has founded a nonprofit organisation aimed at promoting conservative values among children. He is known for advocating “patriotic boycotts” against companies perceived to promote progressive values.

In a post following his nomination, Adams expressed gratitude to Trump for the opportunity to serve, highlighting his commitment to America. His past includes an educational background in media and communications, and he has been involved in various publicity stunts, some of which attracted media attention.

Experts have expressed concern over his lack of diplomatic experience, suggesting his appointment could damage US-Malaysia relations, especially given current geopolitical tensions.Adams’s appointment is viewed by some as a sign that Trump does not prioritise the foreign service, potentially leading to challenges in diplomatic relations with Malaysia.

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Mushroom foraging tours face rising insurance costs

Erin Patterson’s murder trial has increased insurance costs for mushroom foraging tours, though insurers deny a direct link.

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Erin Patterson’s murder trial has increased insurance costs for mushroom foraging tours, though insurers deny a direct link.

In Short:
Erin Patterson’s trial for poisoning relatives has raised concerns about rising insurance costs for mushroom foraging tours in Australia, impacting operators like Feresh Pizarro and Natasha Vorogushin. Despite increased premiums, the Insurance Council maintains these changes are not directly related to the trial, highlighting a need for better public education on fungi.

The trial of Erin Patterson, who poisoned three relatives with death cap mushrooms, has affected mushroom foraging tours in Australia.

Operators report rising insurance costs, though the Insurance Council of Australia states these increases are unlikely linked to the trial. Patterson was recently convicted, prompting concerns among tour guides like Feresh Pizarro, who claims her insurance premiums have skyrocketed, threatening her business viability.

She explains the importance of educating the public about fungi, which play significant ecological roles. Similarly, Natasha Vorogushin from Morwell faces challenges obtaining adequate insurance for her foraging workshops, illustrating industry-wide issues.

Insurance costs

Richard Ford, a tour operator in Mount Macedon, also notes high insurance costs looming over his activities. Despite these challenges, the Insurance Council asserts that insurance adjustments often do not arise from perceived risks associated with singular events, such as Patterson’s case.

University of NSW actuarial studies professor Michael Sherris believes that while premiums are rising generally, this specific trial is unlikely to affect the insurance landscape for mushroom foraging.

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Netanyahu nominates Trump for Nobel Peace Prize

US and Israel push for Gaza ceasefire; Netanyahu nominates Trump for Nobel Peace Prize amid renewed peace talks.

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US and Israel push for Gaza ceasefire; Netanyahu nominates Trump for Nobel Peace Prize amid renewed peace talks.


The United States and Israel have doubled down on regional stability, with hopes rising for a 60-day Gaza ceasefire and an unexpected diplomatic twist: Prime Minister Netanyahu has nominated Donald Trump for a Nobel Peace Prize.

The two leaders met at the White House, discussing peace talks gaining momentum in Qatar, and reaffirming joint military efforts, including Operation Midnight Hammer, which targeted Iran’s nuclear infrastructure.

#MiddleEastPeace #TrumpNobel #IsraelUS #GazaCeasefire #TickerNews

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