Flooding in Carolinas as Wind Losses Expected to Stay Below Re Retentions August 7, 2024 By Staff and Wire Reports Debby, downgraded to a tropical storm Tuesday, is expected to bring as much as 25 inches of rain and more...
Energy Department Awards $2.2B to Strengthen Electrical Grid, Add Clean Power August 7, 2024 By Jennifer Mcdermott The Department of Energy on Tuesday announced $2.2 billion in funding for eight projects across 18 states to strengthen the...
Viewpoint: Generative AI in Insurance Isn’t Working August 7, 2024 By Dennis Winkler The insurance industry is at a pivotal moment in embracing generative AI. According to the ISG Pulse Check State of...
Microsoft and Delta Trade Blame Over Crowdstrike Outage August 7, 2024 By Mary Schlangenstein Microsoft Corp. said Delta Air Lines Inc. turned down repeated offers for assistance following last month’s catastrophic system outage, echoing...
Airborne Bounce House Kills 1 Child, Injures Another at Baseball Game August 7, 2024 One child was killed and another was injured after a wind gust blew a bounce house into the air at...
Fidelis Partnership Launches Renewables MGA Called ‘Novagen’ August 7, 2024 Pine Walk Capital Ltd., the specialist managing general agency platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced...
China Evergrande Group’s Liquidators Start Legal Action Against PwC August 7, 2024 By Bloomberg News China Evergrande Group’s liquidators have launched court proceedings against PricewaterhouseCoopers LLP, another legal step to recover at least a fraction...
What Latest Ivans Index Shows About Commercial Lines Renewal Rate Changes August 7, 2024 All major commercial lines premium renewal rates were higher in July than in June, except commercial property which decreased, according...
Norway Salmon Farming Industry Grapples With Harsh Climate Effects August 7, 2024 By Jesus Calero Norwegian salmon farmers face challenges from an unusually harsh winter and the El Nino climate phenomenon which led to record...
Time to Retire ‘Hard to Abate’ as Climate Solutions Become More Affordable August 7, 2024 By Akshat Rathi Jargon often gets in the way of clearly understanding the climate challenge. While some technical terms such as “net zero”...