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Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts

Friday, May 8, 2026

Sabotage and Cyberattacks Have Put Europe’s Power Networks on Alert

The helicopter flying over fields, rivers and villages in central Poland is loaded with high-tech cameras and sensors. The pilot, an army veteran who served in Iraq and Afghanistan, keeps the small Robinson R66 low to the ground. The chopper …

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Health Officials Downplay Pandemic Risk From Cruise Hantavirus Outbreak

The deadly hantavirus outbreak on a cruise ship doesn’t risk triggering the next pandemic, World Health Organization officials said, downplaying an incident that has raised concern about a new viral contagion. “This is not Covid, this is not influenza,” Maria …

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Thursday, May 7, 2026

Thieves Are Stealing Chile’s Solar Panels and Cashing In on the Black Market

Just before midnight, two men in white coveralls and black gloves scale an electric fence at a solar farm in Chile’s Atacama Desert, then slip soundlessly into rows of sleek panels. Others use a poultry shear and electric angle grinder …

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Iran Sets Out Process for Hormuz Transit But Shipowners Are Wary

Iran has laid out an updated process for ships seeking to transit Hormuz, but several shipowners said they remained cautious about sending their vessels through until there are more details about the conditions that may be imposed. Iran’s Islamic Revolutionary …

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Wednesday, May 6, 2026

Spanberger Weighs Legislation to Allow Class Action Lawsuits in Virginia Courts

Gov. Abigail Spanberger is weighing whether to sign or veto legislation that would, for the first time, allow Virginians to file class action lawsuits in state courts — a shift advocates say would expand access to justice, but one that …

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Volkswagen’s Brazil Unit Recalls Five Models for Instrument Panel Software Fix

Volkswagen’s Brazilian unit announced on Monday [May 4] a recall of five models manufactured up to five years ago for a software inspection and potential update to fix a malfunction in the instrument cluster. The recall includes the Polo, Virtus, …

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Tuesday, May 5, 2026

Heat-Trapping Microplastics Found to Play Role in Climate Change

Microplastics in the atmosphere are heating the planet, magnifying climate change impacts, according to new research. Scientists in China and the US found that tiny, colored plastic particles absorb sunlight as winds blow them around the world, trapping heat and …

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Insurer QBE Faces Investor Pressure Over Extreme Weather Risks

Australian Ethical Investment Ltd., a pension fund with about A$14 billion ($10 billion) under management, is pressuring QBE Insurance Group Ltd. over the potential threat extreme weather poses to future profitability. The fund, which holds about A$65 million of QBE …

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Oil Tanker Pricing Feud Embroils Centuries-Old London Market

A legal claim from one of the world’s largest oil traders is throwing a spotlight on an arcane but critical corner of global finance — the multibillion-dollar freight market and the 282-year-old City of London institution that sits at the …

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Monday, May 4, 2026

Hantavirus Outbreak on Cruise Ship Leaves 3 Dead, WHO Says

Three people have died and one is in intensive care in South Africa after a cluster of hantavirus infections linked to a cruise ship in the Atlantic Ocean, the World Health Organization said Sunday. One case has been confirmed by …

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Baltic Exchange Denies Mercuria’s Allegations Over Hormuz Freight Losses

The Baltic Exchange, the world’s top provider of benchmark shipping indices, has denied allegations from Mercuria that some of its oil tanker pricing data caused losses at the commodity trader. In a court filing dated April 30, Switzerland-based Mercuria said …

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Maui Fire Lawsuit Payouts Are Near, but Few Will Break Even

Leslie Clark isn’t counting on money from the Maui wildfire settlement to help rebuild her family home near Front Street in Lahaina. Worrying about something out of her control “is not good for your health,” said Clark, 62, who lost …

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Friday, May 1, 2026

Arch Insurance EU Launches Europe Property Operations, While Opening Milan Office

Arch Insurance EU announced the launch of its European property operations, alongside the opening of a new office in Milan writing accident & health, cargo & logistics, fine art & specie, general liability and property, effective immediately. This development marks …

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Iran War Is ‘Supercharging’ Clean Energy Transition, UN Climate Chief Says

The Iran war is “supercharging” the world’s shift to renewable energy, as countries scramble to reduce their exposure to volatile oil and gas markets, the U.N. climate secretary said on Thursday. The U.S.-Israeli war with Iran has upended oil and …

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Monday, May 19, 2025

Severe Weather Leaves at Least 27 Dead, Including 18 in Kentucky

At least 27 people have been killed by storms systems that swept across part of the U.S. Midwest and South, with Kentucky Gov. Andy Beshear announcing Saturday that 18 of the deaths came in his state and 10 others were …

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Capital One to Pay $425 Million to Settle Claims Over Savings Accounts

Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of much higher interest rates by not telling them they could move their money to higher-yielding accounts. A notice describing …

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EnergyAustralia Apologizes to Customers After Greenwashing Case

CLP Holdings Ltd.’s EnergyAustralia — one of the nation’s “big three” energy companies — apologized to customers for the marketing of its carbon offsetting products. The apology was part of a settlement with advocacy organization Parents for Climate, which launched …

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Judge Dismisses LA Sparks Player’s WNBA Suit, But She Can Pursue Claim Against Las Vegas Aces

A federal judge dismissed Los Angeles Sparks forward Dearica Hamby’s lawsuit against the WNBA, but said her litigation against the Las Vegas Aces over alleged mistreatment because of her pregnancy could continue. Hamby filed the suit in August that alleged …

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Mexican Navy Ship Hits Brooklyn Bridge, Killing Two on Crew

A Mexican naval vessel carrying 277 people scraped the bottom of the Brooklyn Bridge on Saturday evening, leaving two crew members dead. The tall ship CuauhtĂ©moc “lost power and crashed into the Brooklyn Bridge,” New York City Mayor Eric Adams …

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Friday, May 16, 2025

Army Working to Fix Military and Traffic Controllers Communications at DC Airport

A hotline between military and civilian air traffic controllers in Washington, D.C., that hasn’t worked for more than three years may have contributed to another near miss shortly after the U.S. Army resumed flying helicopters in the area for the …

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