Heatwaves Could Cost France €10 Billion-€15 Billion, Environment Minister Says August 12, 2026 The heatwaves that have hit France in recent months could result in €10 billion to €15 billion ($17 billion) in...
Business Moves: FM Acquires Wildfire Intelligence Firm FortressFire August 12, 2026 Commercial property insurer FM said it has acquired FortressFire, a provider of wildfire intelligence solutions for homes, businesses and communities....
Insurtech Root, The Zebra Partner on Auto Insurance August 12, 2026 Root Inc. and The Zebra said they have partnered to make auto insurance easier for consumers and agents. Quotes from...
People Moves: World Insurance Names CFO, World Retail August 12, 2026 World Insurance Associates Names Casey CFO World Insurance Associates LLC, headquartered in Iselin, New Jersey, named Ann Casey as World...
OSHA Fines Maine Pulp Mill $700K for Chemical Release That Killed 2 Workers August 12, 2026 A federal investigation into the release of a deadly gas at a Baileyville-based wood pulp mill found that the employer...
Putin Threatens Retaliation Over EU Moves to Seize Russian Ships August 12, 2026 By Bloomberg News Russian President Vladimir Putin threatened to retaliate against any European Union moves to seize his country’s commercial ships, calling such...
Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk? August 12, 2026 By Vikas Wadhera As climate events intensify, exposure is expanding, and loss severities from secondary perils, such as convective storms, wildfires, floods and...
HSBC Global Insurance Business Head Moncreiffe to Leave, Sources Say August 12, 2026 By Selena Li and Sumeet Chatterjee HSBC’s global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the...
AI’s Volatile Power Demand Is Damaging Its Own Data Centers August 12, 2026 By Naureen S. Malik Rapid swings in AI data centers’ power demands are straining vital equipment, causing batteries, generators and cooling systems to malfunction...
FDA Urges Sanitation, Supplier Checks to Curb Fresh-Cut Produce Contamination August 12, 2026 The U.S. Food and Drug Administration on Tuesday finalized guidance for preparation and packaging of fresh-cut produce, recommending measures such...