Hurricane Beryl Caused Estimated $2-3B in Insured Losses to US Property: Verisk July 19, 2024 Estimated industry insured losses to onshore property from wind in the U.S. for Hurricane Beryl will range between $2 billion...
Global IT Crash That Blocked 911 Calls and Grounded Planes Eases July 19, 2024 By Amy Thomson, Shona Ghosh and Vlad Savov In what will go down as the most spectacular IT failure the world has ever seen, a botched software update...
Tesla’s California Car Registrations Fall for Third Straight Quarter July 19, 2024 By Akash Sriram and Hyunjoo Jin Registrations of Tesla cars in California fell 24% in the April to June period, marking the third consecutive quarter that...
People Moves: Ohio Bar Liability Insurance Company Names Tribble as CEO July 19, 2024 Ohio Bar Liability Insurance Company announced that John R. Tribble, MBA, CPCU, CCLA will be joining the company as its...
Why Texas Mass Power Outages Continue to Happen July 19, 2024 By Alejandra Martinez, The Texas Tribune and Emily Foxhall, The Texas Tribune It’s become a familiar cycle: A powerful storm sweeps through a swath of Texas and takes the electric system down...
Cargo Ship Sustains Damage After Houthi Attack in Gulf of Aden July 19, 2024 A Singaporean-flagged cargo vessel was hit by Yemen’s Houthi missiles in the Gulf of Aden on Friday, forcing it to...
Insurance Broker TWFG’s Shares Rise Nearly 30% in Market Debut July 19, 2024 Insurance broker TWFG’s shares gained nearly 30% in their Nasdaq debut on Thursday, signaling strong investor demand for new stocks...
EPA Watchdog Investigates Delay in Using Specialized Plane After Ohio Derailment July 19, 2024 By Josh Funk The EPA’s Inspector General is investigating why the agency didn’t get its specialized plane loaded with advanced sensors into the...
Flooring Manufacturer Fined $300K for Exposing Texas Workers to Safety Violations July 19, 2024 While one of the nation’s largest manufacturers of commercial flooring and surfaces — including recycled rubber products used throughout the...
What Disruptions Have Been Reported After the Global Tech Outage? July 19, 2024 A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike and Microsoft on Friday affected...