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

Red Sea Insurance Nearly Doubles After Attacked Oil Tanker Appears to Be Leaking Oil

The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen’s Houthis attacked a tanker that appears to be leaking oil, with environmental fears growing for the trade route, industry sources said on Wednesday. Iran-aligned …

Texas Lawmakers Consider Regulations to Address Risks of Artificial Intelligence

A group of state lawmakers began wading through the complex world of artificial intelligence Tuesday, providing an early glimpse at how Texas may seek to regulate the booming technology. During a nearly four-hour hearing, the Texas Senate Business and Commerce …

TikTok Must Face Lawsuit Over 10-Year-Old Girl’s Death, Appeals Court Rules

A U.S. appeals court has revived a lawsuit against TikTok by the mother of a 10-year-old girl who died after taking part in a viral “blackout challenge” in which users of the social media platform were dared to choke themselves …

Robots Are Starting (Good) Fires in California

Cody Chiverton has spent the past decade lighting fires. As a former firefighter with the U.S. Forest Service, he participated in dozens of prescribed burns across the American West, in which fire-prevention teams would carry drip torches to ignite dry …

Two Workers Killed in Tire Explosion at Georgia Airliner Maintenance Facility

Two workers were killed and a third was injured when an airplane tire apparently exploded at a Delta Air Lines maintenance shop at Hartsfield-Jackson International Airport in Atlanta, prompting an investigation by the U.S. Occupational Safety and Health Administration. The …

Atlantic Hurricane Season Could Intensify in Coming Weeks, Meteorologists Say

AccuWeather meteorologists are warning that the Atlantic hurricane season could intensify in the coming weeks as less wind shear and less dry air create conducive conditions for storm development. AccuWeather is forecasting six to 10 named storms to form in …

Americans Shop Around for Insurance More Than Ever as Costs Soar

Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows. For car insurance, so-called policy shopping rates — essentially the share of …

Cybercrime and Sabotage Cost German Firms $300 Billion in Past Year

Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in the past year, up 29% on the year before, according to a survey published on Wednesday. Industry association Bitkom surveyed around 1,000 companies …

Insured Losses From Canada’s Jasper Wildfire Surpass C$880 Million

This summer’s devastating wildfire in Jasper, Canada resulted in more than C$880 million (US$653.4 million) in insured damage, according to the Insurance Bureau of Canada (IBC), quoting data provided by Catastrophe Indices and Quantification Inc. (CatIQ). The sudden and intense …

2 Small Planes Crash in Nebraska Less Than An Hour Apart; At Least 1 Dead

CROFTON, Neb. (AP) — Two different small planes crashed into fields in northeast Nebraska Monday and killed at least one person. The two crashes happened less than half an hour apart around 9:30 a.m. A Rans S-19 plane crashed first …