Disruptions from Cyber Attack Force S. Africa Port Operator to Declare ‘Force Majeure’ July 27, 2021 By Felix Njini and John Viljoen Transnet SOC Ltd., South Africa’s state-owned ports and freight-rail company, declared force majeure at the country’s key container terminals after...
Duke Energy Builds Flood Walls Around South Carolina Electric Substation July 27, 2021 A utility is building walls around an electric substation to prevent them from being overrun by floodwaters in the first...
Chubb Launches Insurance for Offshore Wind Farms July 27, 2021 Chubb has announced the launch of an insurance solution for offshore wind farms. Chubb’s Offshore Wind Farm policy has been...
People Moves: J.M. Wilson Promotes Ricks, Councell, Tokarz, Farr, Hans, Mahaffey July 27, 2021 J.M. Wilson promoted Mary Ricks and Jennifer Councell to executive fleet underwriters in its Portage, Michigan, office, where they are...
Viewpoint: Is California Serious About Addressing the Wildfire Risk? Not So Much. July 27, 2021 By John Norwood Recent state budget actions by California Gov. Gavin Newsom and the state Legislature make a strong argument that the state...
U.S. AG Garland Hails Aon-Willis Merger Termination as a ‘Victory for Competition’ July 26, 2021 U.S. Attorney General Merrick Garland today welcomed the decision by insurance brokers Aon and Willis Towers Watson to terminate their...
Gulfstream Insurance Admits Insolvency, Agrees to Liquidate July 26, 2021 By Ezra Amacher Personal residential insurer Gulfstream Property and Casualty Insurance Co. has agreed to liquidate according to a July 22 order signed...
Texas Lifting Insurance-Related COVID-19 Suspensions July 26, 2021 A bulletin issued by the Texas Department of Insurance outlines actions the agency is taking to return to the ordinary...
Homeownership Study of Minnesota’s Twin Cities Shows Increase in Rentals July 26, 2021 A new study found that between 2005 and 2020, the percentage of single family rentals increased by over 10% in...
Detroit Area Hit with Severe Storms, High Winds, Flooding July 26, 2021 Thousands of utility customers in the Detroit area had no power on July 25 following a night of severe storms....