INSURANCE NEWS

TCEQ Shuts Down Online Permit Filing System After Data Center Controversy

The Texas Commission on Environmental Quality has shut down its automated electronic filing system after watchdog groups said the agency violated a directive from Gov. Greg Abbott and issued multiple stormwater permits related to data center construction. The agency said …
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Markets/Coverages: Allianz UK Enhances Renewable Energy Cover, With Multi-Tech Offer

Allianz UK has enhanced its renewable energy proposition and introduced simplified operational wording for customers with multiple technologies at the same site. The proposition covers onshore wind, ground-mounted solar and hydro, biomass, and anaerobic digestion, alongside battery energy storage systems …
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FEMA Launches Online Purchasing for Flood Insurance Policies

The Federal Emergency Management Agency said it has launched a new tool for residents to buy flood insurance through the National Flood Insurance Program. Available, at floodsmart.gov, the online option is available to residents living in the almost 22,700 NFIP …
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Georgia Amusement Park Reopened After Ride Death but Coaster Still Closed

Six Flags Over Georgia opened its gates last week for the first time since a man fell to his death from one of the amusement park’s towering roller coasters. A steady trickle of vehicles drove into the park, some of …
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Fire Forces Evacuation of Miss. Senior Living Center and Destroys Much of Building

A fire tore through a Mississippi senior living center Wednesday, forcing the evacuation of its residents and destroying much of the building that was home to more than 100 people. There were no confirmed casualties, but authorities searched the site …
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Trump Signs Executive Order Aimed at Taming Housing Costs

President Donald Trump on Thursday signed an executive order aimed at bringing down housing costs in a bid to show that his administration is addressing voters’ affordability concerns in the final sprint to the midterm elections. The order would direct …
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Russia-Linked Hackers Used Decentralized Network in Ukraine Cyberattack: ESET

Russia-linked hackers used the volunteer-run Yggdrasil network to conceal communications during an attack on a Ukrainian grain logistics company, marking the first documented use of the technology by a state-linked hacking group, cybersecurity firm ESET said on Thursday. The attack …
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Romania Blames Russia for Drone That Sinks Cargo Ship; 1 Killed, 3 Missing

Romanian President Nicusor Dan accused Russia of escalating its attacks on NATO’s eastern flank on Friday, after a drone strike sank a cargo ship off the Romanian Black Sea coast, killing at least one sailor with three still missing. Video …
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Storm Austen Knocks Out Power to Almost 300,000 French Homes

Storm Austen knocked out electricity to almost 300,000 customers in western France on Friday as hurricane-force winds battered the region, disrupting roads, railways and other transport links. Brittany was hardest hit, with almost 150,000 customers without power, according to distributor …
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New York City Bans Horse-Drawn Carriages After Decade-Long Battle

New York’s City Council voted to ban horse-drawn carriages, ending a Central Park tourist staple dating to the 19th century after years of debate over the horses’ place on city streets. The Council voted 40 to 7 to pass the …
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Taiwan Shuts $5 Trillion Stock Market as Typhoon Nears

Taiwan shut its $5 trillion stock market, schools and offices on Friday as Typhoon Champi barreled toward the island, bringing heavy rain and damaging winds that disrupted flights. Champi was packing top sustained winds of 155 kilometers (96 miles) an …
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Meta Sued in Australian Class Action Over Alleged Social Media Harm to Children

A class-action lawsuit has been filed in an Australian court against Meta Platforms’ Facebook and Instagram that alleges the social media platforms exposed children to harmful content and kept them addicted through algorithms. The lawsuit, filed in the Federal Court, …
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