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

Billions in Hurricane Helene Aid to Farmers to Start Flowing by March 21

ATLANTA (AP) — Tens of billions in aid for victims of Hurricane Helene should start flowing later this month, U.S. Agriculture Secretary Brooke Rollins pledged Wednesday, but delays are already making it hard this year for some farmers to plant …

People Moves: Shipper to Head Beazley N.A. Commercial Property; Porch Group Names New Leadership; Allstate Names Carter as CHRO

Specialty insurer Beazley appointed Lindsay Shipper as head of commercial property, North America, effective April 1. She will report to Richard Montminy, group head of property risks, and will be based in Atlanta. Shipper brings close to two decades experience …

Meta Wins Halt to Promotion of Tell-All Book by Ex-Employee It Says Is Defamatory

Meta Platforms on Wednesday won an emergency arbitration ruling to temporarily stop promotion of the tell-all book “Careless People” by a former employee, according to a copy of the ruling published by the social media company. The book by Meta’s …

Four Sailors Involved in Major Singapore Oil Spill Plead Guilty, Straits Times Reports

Four Dutch crew members involved in a ship collision in Singapore have pleaded guilty for their role in the city-state’s worst oil spill in a decade, the Straits Times reported Wednesday. Richard Ouwehand, Martin Hans Sinke, Eric Peijpers, and Merijn …

Carrier Management to Host New Wildfire Conference

Carrier Management, a sister publication of Insurance Journal, will host a free online event spotlighting wildfire risk assessment, prevention and intelligence tools for risk and insurance professionals. The first Wildfire Risk Intelligence Demo Day will be held on Wednesday, March …

China State Firms Curb Russian Oil Imports on Sanctions Risks, Sources Say

Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two others scaled back volumes as they assess compliance following recent U.S. sanctions on Moscow, multiple trade sources said. Russian oil supplies …

Tech Sector Sees Softer Insurance Market but Less Comprehensive Policies

A softer-than-expected market kept insurance premiums for technology companies down or flat in some lines in 2024, according to a new report from business insurance platform Embroker. Embroker’s 2024 Business Insurance Index: Tech Sector found average errors & omissions/cyber premiums …

Delaware Forest Service Warns of Elevated Wildfire Risk

Delaware officials are reporting that the ongoing drought and current weather conditions have caused an uptick in wildfires in all three counties. Due to an elevated wildfire risk, the Delaware Forest Service is urging all residents to refrain from outdoor …

Europe’s Winter Storms Will Get Worse as Emissions Rise, Study Says

Global carbon emissions are amplifying a North Atlantic wind pattern that drives northern Europe’s biggest winter storms, new research shows. According to projections from scientists at the UK’s Met Office and University of Exeter, in a scenario with very high …

As Chips Race Spews ‘Forever Chemicals,’ Startups Emerge to Destroy Them

The battle for artificial intelligence supremacy hinges on microchips. But the semiconductor sector that produces them has a dirty secret: It’s a major source of chemicals linked to cancer and other health problems. Global chip sales surged more than 19% …