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Month: July 2024

GM will pay $146 million in penalties because 5.9 million older vehicles emit excess carbon dioxide

GM will pay $146 million in penalties because 5.9 million older vehicles emit excess carbon dioxide

By TOM KRISHER and MATTHEW DALY

WASHINGTON (AP) — General Motors will pay nearly $146 million in penalties to the federal government because 5.9 million of its older vehicles do not comply with emissions and fuel economy standards.

The National Highway Traffic Safety Administration said in a statement Wednesday that certain GM vehicles from the 2012 through 2018 model years did not comply with federal fuel economy requirements.

The fine comes after the Environmental Protection Agency said its testing showed the GM pickup trucks and SUVs emit 10% more carbon dioxide on average than GM’s initial compliance testing claimed.

The EPA says the vehicles will remain on the road and cannot be repaired.

GM said in a statement that it complied with all regulations in pollution and mileage certification of its vehicles. The company said it is not admitting to any wrongdoing or that it did not comply with the Clean Air Act.

The enforcement action involves about 4.6 million full-size pickups and SUVs and about 1.3 million midsize SUVs, the EPA said. The affected models include the Chevy Tahoe, Cadillac Escalade and Chevy Silverado. About 40 variations of GM vehicles are covered. read more

SeaWorld: Bands, Brew and BBQ concerts include Hunter Hayes, Quiet Riot

SeaWorld: Bands, Brew and BBQ concerts include Hunter Hayes, Quiet Riot

SeaWorld Orlando has posted its concert lineup for its Bands, Brew and BBQ event, which begins at the theme park on Saturday.

Performances are set for the park’s Nautilus Theater at 6 p.m. on Saturdays and Sundays through Aug. 25.  The artists are a mix of big names, local bands and cover bands. The concerts are included with regular SeaWorld admission.

Scheduled performers include:

July 6: Country Airwaves

July 7: Queensryche.

July 13: Bryan Malpass

July 14: LOCASH

July 20: Classic Airwaves

July 21: P.O.D.

July 27: HayFire

July 28: MacKenzie Porter

NASHVILLE, TENNESSEE - JUNE 07: MacKenzie Porter performs onstage during Day 2 of SiriusXM's The Music Row Happy Hour Live on The Highway at Margaritaville on June 07, 2024 in Nashville, Tennessee. (Photo by Jason Davis/Getty Images for SiriusXM)
Canadian country singer MacKenzie Porter will perform at SeaWorld Orlando in late July. (Jason Davis/Getty Images)

Aug. 3: The Petty Experience

Aug. 4: Hunter Hayes

Aug. 10: Red Mint

Aug. 11: Gabby Barrett

Aug. 17: Midnight Rodeo

Aug. 18: Quiet Riot

Aug. 24: Bo Bice

Aug. 25: Tracy Byrd

First ride: SeaWorld’s Penguin Trek coaster has smooth moves

The festival, held on weekends and under the Summer Spectacular event umbrella, features 17 food and beverage stops spread across the park. Among the foods available for purchase are burnt-ends sliders, smoked gouda cheese grits, jalapeno cheddar sausage, vegan chili, pretzel beer bratwurst, Memphis BBQ potato salad, about 75 varieties of beers and several cocktails and mocktails. read more

Property insurers see improvements in Florida’s market for reinsurance

Property insurers see improvements in Florida’s market for reinsurance

TALLAHASSEE — As Florida gets ready to enter the thick of hurricane season, property insurers have seen improvements in the market for reinsurance — critical backup coverage that helps drive how much homeowners pay in premiums.

Now, it’s a waiting game as forecasters expect a busy, and potentially costly, season.

New reports by the reinsurance brokers Aon and Gallagher Re said Florida property insurers found better prices and more availability when purchasing reinsurance coverage that took effect June 1 and Monday.

“Following several years of significant reinsurance rate increases, relatively low catastrophe activity and improved results for both insurers and reinsurers, many of Florida’s insurers experienced rate reductions at mid-year for the first time in three years,” the Aon report, released Monday, said.

Similarly, the Gallagher Re report, posted last week, said: “Following three consecutive years of double-digit risk adjusted rate increases, Florida’s reinsurance market was overdue for a pause in 2024. For the most part, this is what looks to have been delivered at the 6.1 (June 1) renewal, with risk-adjusted rates on most programs either flat, or down by up to 10%.” read more