Monthly Archives: <span>February 2024</span>

Houthis to Step Up Red Sea Strikes, Use ‘Submarine Weapons’, Leader Says

Yemen’s Iran-aligned Houthis claimed responsibility for an attack on a UK-owned cargo ship and a drone assault on an American destroyer on Thursday, and they targeted Israel’s port and resort city of Eilat with ballistic missiles and drones. The statement …

A Decade After MH370, Planes Still at Risk of Vanishing Off the Map

“Good Night. Malaysian Three Seven Zero.” Those six words were the last radio transmission from the cockpit of Malaysia Airlines Flight 370, less than an hour after the aircraft took off late at night from Kuala Lumpur to Beijing on …

Allianz Grows Wealth Bet With Stake in $68 Billion Money Manager AlTi

Allianz SE is making a strategic investment in money manager AlTi Global Inc. in an expansion of the insurance giant’s global holdings in wealth management. The German insurer’s venture arm, together with alternative asset management platform Constellation Wealth Capital, will …

Allianz Shares Drop on Weak Results in P/C Insurance

Allianz SE shares fell as the German insurance giant reported earnings in its property-casualty business that missed expectations. Fourth-quarter operating profit in the segment came in at €1.6 billion ($1.7 billion), Allianz said Friday. That was below the €1.8 billion …

The National Alliance Unveils New Online Designee Directory

The National Alliance for Insurance Education & Research Launches NEW Online Directory for Designation Holders Austin, TX, February 23, 2024 — The National Alliance for Insurance Education & Research, a premier provider of insurance and risk management education, has unveiled …

Iowa School District to Pay $20K to Settle Gender Policy Lawsuit

MARION, Iowa (AP) — An Iowa school board has reached an agreement resolving a lawsuit over a now-rescinded district policy that allowed students to request a gender support plan to begin socially transitioning at school, without the permission of their …

AccuWeather Warns of Potential ‘Super-Charged’ 2024 Hurricane Season

AccuWeather experts warn that the return La Niña and historically warm water across the Atlantic Ocean could contribute to a “super-charged” hurricane season in 2024. AccuWeather long-range forecasters say that the current El Niño pattern is expected to transition to …

3 Emerging Risks: AI-Driven Civil Unrest, Heavy EVs, Solar Panel Safety

Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced by the adoption of electric vehicles, demand for solar energy, and the blistering pace of generative AI adoption. Yet these …

AT&T Restores Service After Hours of Outage

AT&T said late on Thursday an outage that disrupted calls and text messages for thousands of U.S. users and prompted federal investigations was not caused by a cyberattack. The carrier had restored wireless service for all affected customers, several hours …

American Airlines Must Face Lawsuit Over ESG Retirement Investing

American Airlines must face a lawsuit claiming it failed to prudently oversee employee retirement funds because it used asset managers that pursued sustainable investment strategies, a federal judge in Fort Worth, Texas ruled. U.S. District Judge Reed O’Connor said pilot …