2 weeks 5 days ago
At least four people are dead in San Antonio and dozens of water rescues were made around the city after heavy rains flooded highways and stranded motorists, officials said Thursday. Fire officials said they are still searching for two people …
2 weeks 5 days ago
The U.S. Small Business Administration (SBA) has announced a major disaster declaration for several counties in Missouri, including Bollinger, Butler, Cape Girardeau, Carter, and others, due to severe storms, straight-line winds, tornadoes, and flooding that occurred from March 30 to …
2 weeks 5 days ago
The Florida Commission on Hurricane Loss Projection Methodology has accepted new loss models from Karen Clark & Co. and Cotality, the first to meet the commission’s latest standards. KCC’s Version 5.0 incorporates two more years of climate and hurricane data …
2 weeks 5 days ago
Twenty-seven states and the District of Columbia on Monday filed a lawsuit in bankruptcy court seeking to block the sale of personal genetic data by 23andMe without customer consent. The lawsuit comes as a biotechnology company seeks the court’s approval …
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2 weeks 5 days ago
It could take $151 million to repair the Dockside condominium tower in Charleston, which was evacuated in February after an engineering assessment found major structural problems. The Post and Courier newspaper reported that the 19-story building – Charleston’s tallest – …
2 weeks 5 days ago
Most countries in the Group of Seven nations are prepared to go it alone and lower the G-7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources familiar with the matter said. …
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2 weeks 5 days ago
A wildfire in Oregon prompted officials to issue evacuation orders for hundreds of homes and to close nearly 20 miles of an interstate in the Columbia River Gorge. Gov. Tina Kotek invoked the state’s Emergency Conflagration Act for the Rowena …
2 weeks 5 days ago
Optio Group, the London-based, independent specialty MGA, announced the launch of new political violence and terrorism (PVT) binders, backed by 100% Lloyd’s of London capacity. The new product provides a US$150 million limit, ensuring comprehensive protection against both physical and …
2 weeks 5 days ago
More than 200 bodies have been recovered at the crash site of a Boeing Co. 787 Dreamliner operated by Air India that was bound for London, according to police officials. Flight AI171 crashed shortly after taking off in Ahmedabad in …
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2 weeks 5 days ago
UK risk managers identified five key themes that could affect their businesses, topped by “technology, AI and cyber,” according to AIRMIC, the British risk management group, which conducted a survey of its members. Nearly 90% of respondents pointed to tech, …
L.S. Howard
2 weeks 5 days ago
For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. That reliance is now a major risk threatening more than $700 billion of assets. Unlike insurers in other countries like Japan where diversification …
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2 weeks 5 days ago
Former NFL player Kelvin Joseph is facing charges for his involvement in a crash that killed a female motorcyclist on a Dallas-area freeway, The Dallas Morning News reported. Police in the Dallas suburb of Richardson said on social media that …
2 weeks 5 days ago
Tesla Inc. already had a lot riding on its highly anticipated robotaxi launch long before Elon Musk decided to swing a wrecking ball through his alliance with President Donald Trump — and the company’s share price. Now investors are looking …
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2 weeks 5 days ago
Fabcon, a Delaware corporation with a manufacturing facility in Ohio, was sentenced to pay a $500,000 fine, the statutory maximum, after pleading guilty to willfully violating an Occupational Safety and Health Administration (OSHA) rule, the Department of Justice announced. In …
2 weeks 5 days ago
Michigan State University has reached settlements worth about $30 million with three students who survived a mass shooting in 2023, attorneys said Tuesday. Three students were killed and five more were wounded when a man with no connection to the …
2 weeks 6 days ago
When an S&P Global Ratings executive asked the leader of Travelers how current challenges like tariff uncertainty, inflation, geopolitical risks influence the insurer’s strategy, Alan Schnitzer delivered an answer that Larry Wilkinson may not have expected. “Really not much,” said …
Susanne Sclafane
2 weeks 6 days ago
The Trump administration is increasingly skipping a form of federal disaster aid that helps states better prepare for future storms, flooding and wildfires. The Federal Emergency Management Agency rejected requests for such resiliency money, known as Hazard Mitigation Grant Program …
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2 weeks 6 days ago
President Donald Trump said his team will move forward with winding down much of the Federal Emergency Management Agency—but not until after a hurricane season that some projections show could be particularly deadly. “We’re going to do it much differently,” …
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2 weeks 6 days ago
Regional carrier Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving some passengers stranded at airports in Florida, the Bahamas and the Caribbean. “Please do not go to the airport,” the …
2 weeks 6 days ago
Walt Disney and Comcast’s Universal filed a copyright lawsuit against Midjourney on Wednesday, calling its popular AI-powered image generator a “bottomless pit of plagiarism” for its use of the studios’ best-known characters. The suit, filed in federal district court in …
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