Insurance
Texas Mutual Awards $1M in Grants to 10 Colleges
Texas Mutual Insurance Company announced it is awarding $1 million in grants to 10 colleges across Texas to fund workplace safety courses for business owners, employees and the general public. Texas Mutual began its commitment to supporting safety education at …
Read More Posing as Islamists, Russian Hackers Take Aim at Sweden
Since February, a mysterious hacker group calling itself Anonymous Sudan has targeted dozens of Swedish airports, hospitals and banks with distributed denial-of-service attacks, ostensibly in response to the burning of a Koran in front of the Turkish embassy in Stockholm …
Read More EU Weighs Cyber Plan Aimed at Keeping Cloud Data in Europe
The European Union is weighing a plan that would require cloud providers to store all of their data within the bloc in order to qualify for its highest cybersecurity certification. ENISA, the EU’s cybersecurity regulator, is drawing up the new, …
Read More Port Arthur, Texas Refinery to Pay $1.4M Settlement Over Clean Air Act Violation
Texas Attorney General Ken announced a $1.4 million settlement in an environmental enforcement action against a Port Arthur refinery operated by TotalEnergies Petrochemicals & Refining USA, Inc. (“TotalEnergies”). The Port Arthur refinery violated the Texas Clean Air Act while emitting …
Read More Cyclone Mocha Hits Bangladesh, Myanmar, Forcing Mass Evacuations
Cyclone Mocha made landfall on Sunday as Bangladesh and Myanmar evacuated hundreds of thousands of people on fears of widespread destruction to one of the most vulnerable areas in the region. The storm is set to cross the world’s biggest …
Read More London Judge Dismisses Lawsuit Accusing Shell Board of Climate Failures
A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks. In a decision published Friday the judge threw ClientEarth’s suit out before a full hearing as there isn’t a clear case against …
Read More Hedge Fund Manager Loeb Drops Buyout of $1.5B Re/insurer SiriusPoint
Hedge fund manager Dan Loeb said he’s no longer exploring an acquisition of specialist insurance underwriter SiriusPoint Ltd. Loeb held exploratory discussions with Bermuda-based SiriusPoint about a potential deal to take the company private, but the parties weren’t able to …
Read More Data of 237,000 Government Employees Breached
The personal information of 237,000 current and former federal government employees has been exposed in a data breach at the U.S. Transportation Department (USDOT), sources briefed on the matter said on Friday. The breach hit systems for processing TRANServe transit …
Read More Farmers Set to Abandon US Wheat Crops at Highest Rate Since 1917
America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest rate in more than a century. Producers are expected to harvest about 67% of their planted acres, the US Department …
Read More NHTSA Demands Recall of 67 Million Air Bag Inflators
The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag inflators because it believes there is a safety defect, but auto supplier ARC Automotive Inc rejected the U.S. regulator’s request, documents released on Friday show. …
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