UK Warned Cuts to Flood Defense Are Too Dangerous to Consider April 30, 2025 By Olivia Rudgard The UK should spare flood defense programs from budget cuts to be announced in June, as the country is already...
Ransomware Hack Said to Be Cause of Marks & Spencer Outages April 29, 2025 By Ryan Gallagher A ransomware attack is the cause of a disruption at Marks & Spencer Group Plc., with hackers using a potent...
People Moves: CEO of Carbon Retires for Health Reasons, Succeeded by Ferrier; Chaucer Taps SCOR’s Brown, Everest’s Cleair as Underwriters for International Property April 29, 2025 This edition of International People Moves details appointments at the managing general underwriter Carbon Underwriting and specialty re/insurer Chaucer. A...
Markets/Coverages: BHSI Updates Private Company Executive Lines Suite in Canada April 29, 2025 Berkshire Hathaway Specialty Insurance (BHSI) has introduced an update to its Private Company Executive Lines suite of products in Canada...
Spanish Grid Operator’s First Assessment Rules Out Cyberattack Behind Blackout April 29, 2025 Spanish electricity grid operator REE said on Tuesday its preliminary assessment had ruled out cyberattack as the cause of the...
Why Restarting a Power Grid After Massive Collapse Is So Hard April 29, 2025 By Rachel Morison and William Mathis It’s a worst case scenario that grid operators plan for but hope never to encounter. After one of the worst...
Brokers Aon and WTW Each Report Steady Organic Growth of 5% in Q1 April 28, 2025 By L.S. Howard The brokers Aon and WTW both reported organic revenues of 5% for the first quarter of the year, level with...
Spain and Portugal Hit With Worst European Blackout in Years April 28, 2025 By Laura Millan, Macarena Munoz and Thomas Gualtieri Most of Spain and all of Portugal were hit by a major blackout that impacted public transport, airports and phone...
UK’s M&S Tells Warehouse Agency Staff to Stay Home as Cyber Incident Continues April 28, 2025 British retailer Marks & Spencer told agency staff at its central England distribution center to stay at home on Monday,...
Ukraine Says It Detained Grain Ship From Russia’s ‘Shadow Fleet’ April 28, 2025 By Aliaksandr Kudrytski Kyiv detained a ship it says was part of Moscow’s “shadow fleet” which illegally exports grain from areas of Ukraine...