Monthly Archives: <span>June 2023</span>

Nevada Law Signed to Help Homeowners Move from Sinking Nevada Neighborhood

A North Las Vegas neighborhood is marking passage of a state law committing $37 million to help homeowners move from the once- segregated neighborhood where geologic features have made homes crack, sink and sometimes become unsafe. Democratic state Sen. Dina …

3M Reaches Tentative $10.3B Deal Over ‘Forever Chemicals’ Claims

3M Co has reached a $10.3 billion settlement with a host of U.S. public water systems to resolve water pollution claims tied to “forever chemicals,” the chemical company announced on Thursday. The company said the settlement would provide the funds …

Travelers Championship With Elevated Status, $20M Purse Opens With McIlroy Hole-in-One

Nathan Grube, the tournament director of the Travelers Championship, used to worry about the years when the U.S. Open took place on the West Coast. Many of the world’s top golfers would make a decision to take a break the …

Titanic Sub Victims’ Families Could Still Sue Despite Liability Waivers

Liability waivers signed by passengers on a submersible lost at sea during a dive to the Titanic wreck may not shield the vessel’s owner from potential lawsuits by the victims’ families, legal experts said. The Titan submersible vanished on Sunday …

Honda Recalling 1.2 Million Vehicles for Rear Camera Issue

Honda Motor is recalling 1.2 million vehicles in the United States due to a potential issue with the rearview camera image, the National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall covers some 2018-2023 Odyssey, 2019-2022 Pilot, and …

EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout

European banks are building out their risk models to better prepare for the fallout from climate change, with some even examining the short-term liquidity implications of a hotter planet, according to a joint survey conducted by the Association for Financial …

Europe’s Firefighters Call for More Resources as Climate Change Hikes Wildfire Threat

Firefighters across Europe are calling for more resources as climate change increases the threat of wildfires across the region. While the European Union announced a doubling of its aerial firefighting fleet for this season to 24 airplanes and four helicopters, …

Marsh McLennan to Work With Ukraine to Provide Access to Global Insurance Market

Marsh McLennan, the professional services firm in the areas of risk, strategy and people, today announced that it will work with the Ukrainian government to help it unlock access to the global insurance market. As part of the support, it …

Russia-Aligned Hackers Pose Threat to Canada Energy Sector, Spy Agency Says

Russia-aligned hackers could seek to disrupt Canada’s powerful oil and natural gas sector, especially since Ottawa is a strong backer of Ukraine, a Canadian spy agency said on Wednesday. The Communications Security Establishment (CSE) signals intelligence agency said Russia had …

Construction/Engineering Sector Ranks BI/Supply Chain Disruption as Top Risk

Business interruption/supply chain disruption ranks as the top risk facing the construction and engineering sector, which has been hit by soaring construction costs, supply chain disruptions and labor shortages, according to a report published by Allianz Global Corporate & Speciality …