Monthly Archives: <span>March 2025</span>

Death Toll Rises From Tornadoes, Wildfires and Storms in Multiple States

Unusually vicious and damaging weather across multiple U.S. states spawned violent tornadoes, blinding dust storms and fast-moving wildfires over the weekend, leaving at least 39 people dead. In the latest tally of the destruction, the Oklahoma Department of Emergency Management …

Australian Pension Fund Fined A$10.5 Million for Greenwashing

Australian pension fund Active Super has been fined A$10.5 million ($6.7 million) for making a number of misrepresentations about its environmental, social and governance credentials amid a regulator push to stamp out greenwashing. In June, the Federal Court found regulator …

Small Plastic Pellets Wash Up on UK Shores After Ship Explosions

Small plastic pellets washed up on the east coast of the UK, a week after two ships collided in the country’s waters. Nurdles, which are used to make plastic products and are usually just a few millimeters in size, were …

Allianz to Sell India JV Stake to Local Partner for €2.6 Billion

Allianz SE has agreed to sell its 26% stake in Indian joint ventures for about €2.6 billion ($2.8 billion) to local partner Bajaj Group, according to a statement. The German insurance company has entered into binding agreements with Bajaj Finserv …

Critics Warn Staff Cuts at Agencies Overseeing Dams Could Risk Public Safety

Trump administration workforce cuts at federal agencies overseeing U.S. dams are threatening their ability to provide reliable electricity, supply farmers with water and protect communities from floods, employees and industry experts warn. The Bureau of Reclamation provides water and hydropower …

Companies Tell Investors DOGE Cuts Will Ultimately Pay Off

US executives are trying to soothe concerns that the Department of Government Efficiency’s contract-slashing spree might hurt profits, saying a modernized public sector is more likely to adopt their tools and services. DOGE, as Elon Musk’s cost-cutting initiative is known, …

Trump Has Companies in Europe and Asia Walking a DEI Tightrope

Donald Trump’s executive order dismantling diversity, equity and inclusion efforts is making waves at international companies in Europe, Asia and beyond — but only on the surface. Quietly, many businesses are standing firm on diversity initiatives. Companies from Roche Holding …

Bill Would Move Storm Modeling, Research From FIU to FSU Insurance Supercenter

Florida International University has long been known as a hurricane research center. Think: the famous Wall of Wind, the giant fan system that tests the effects of 157-mph winds on structures and materials. A much larger, stadium-sized testing facility for …

Close Calls at National Airport Raised Questions. Why Were No Changes Made?

When Congress pushed ahead last year with adding 10 new daily flights to Washington D.C.’s Reagan National Airport, the Federal Aviation Administration had data showing an unnerving number of near misses in the already-crowded skies — something lawmakers apparently did …

Not Only the Fires Are Wild: California and the P&C Market Outlook

This post is part of a series sponsored by AgentSync. After years of watching insurance carriers exit the California property and casualty market, the state may see another exodus in the wake of the January 2025 wildfires and the historic …