Insurance
Will it Take a Catastrophe for Nations to Take Issue of Space Debris Seriously?
China routinely sends astronauts to and from its space station Tiangong. A crew capsule is about to undock from the station and return to Earth, but there’s nothing routine about its journey home. The Shenzhou-20 capsule will carry no crew, …
Read More Cloudflare Says It Fixed Outage That Slowed Banking Sites, Zoom
Cloudflare Inc. said it has fixed a problem that led to the websites for several banks, Shopify, Zoom and LinkedIn to go down Friday. “A fix has been implemented and we are monitoring the results,” the San Francisco-based company said …
Read More Report: Climate Change, Weather Impacts on Household Budgets Up to $900 Yearly
A working paper from three well-known economists shows the impacts of global warming and particularly extreme weather on the budgets of American households is up to $900 per year. The paper was authored by former Treasury Department officials Kimberley Clausing, …
Read More Apartment Building Fires Displace 70 Massachusetts Families; No Injuries Reported
Both of the apartment building fires that displaced 70 families in Holyoke this week appear to be accidental but the exact causes remain under investigation, according to city and state fire officials. Holyoke Fire Chief John Kadlewicz and State Fire …
Read More Markets/Coverages: Bold Penguin Adds Parametric Coverage With Adaptive Partnership
Bold Penguin announced a partnership with Adaptive Insurance, expanding coverage options available through the Bold Penguin Placement Desk. Adaptive is pioneering the path to resilience in the face of emerging climate risks, starting with their GridProtect parametric power outage coverage. …
Read More Viewpoint: Healthcare Cyber Insurance at an Inflection Point
The cyber insurance market is reaching an inflection point where underwriting companies must differentiate healthcare from other industries in how the risk is evaluated, priced, and how claims are managed. Healthcare cyber claims data tells a consistent and troubling story: …
Read More The Rise of AI Reasoning Models Comes With a Big Energy Tradeoff
Nearly all leading artificial intelligence developers are focused on building AI models that mimic the way humans reason, but new research shows these cutting-edge systems can be far more energy intensive, adding to concerns about AI’s strain on power grids. …
Read More ‘Dream is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course
The message from the Florida Chamber of Commerce Insurance Summit was loud and clear: Don’t mess with legislative changes that have all but restored the state’s property insurance market. And while you’re at it, don’t repeal Florida’s personal injury protection …
Read More TSLA Announces Election of Officers & Directors at 2025 Annual Meeting
The Texas Surplus Lines Association, Inc. announced the election of the following Officers and Directors at its 70th Annual Meeting held at the Four Seasons Hotel Austin on November 10, 2025. President – Terence Babler, Vice President, Property Broker Brown …
Read More Amynta Group Completes Acquisition of Louisiana’s International Sureties
Amynta Group has completed its acquisition of commercial surety broker Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, “International Sureties”). International Sureties is a Louisiana-based specialty surety broker, providing a broad range of commercial surety products, including …
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