Company Ordered to Remove Thousands of Wind Turbine Blades in Texas
A Texas district court this week issued a temporary injunction against a wind turbine recycling company that has stockpiled thousands of wind turbine blades at two facilities in Sweetwater. The temporary injunction orders Global Fiberglass Solutions to immediately cease accepting …
Business Moves: MGA Fusion Specialty Acquired by UK Asset Manager Arrow Global; Arthur J. Gallagher Acquires Canada’s Wilson M. Beck Insurance Services
MGA Fusion Specialty Acquired by Asset Manager Arrow Global Arrow Global Group (Arrow), a UK-based investment manager specializing in private credit and real estate, announced its subsidiary Arrow Global Insurance (AGI) has acquired Fusion Specialty Group, a specialist managing general …
Arthur J. Gallagher & Co. Acquires Kansas-Based Med James
Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Overland Park, Kansas-based Med James, Inc. Terms of the transaction were not disclosed. Med James is a …
Dedicated Volunteers in Nashville Relay Calm, Straight-Talk Info During Dtorms
Anyone who has watched an episode of “9-1-1: Nashville” could be forgiven for thinking the city is constantly beset by tornadoes that turn outdoor concerts into scenes of carnage and blow scooter-riding tourists onto the tops of water towers. That …
DOL Proposes $3.5M in Fines for Safety Violations at Texas Chemical Facility
The U.S. Department of Labor has proposed more than $3.5 million in fines against three companies after federal inspectors determined they failed to protect workers during post-emergency response cleanup after a chemical spill at the BWC Terminals industrial facility in …
Specialty Farmers Adapt Harvests to Extreme Heat
Even as the sun started to set, the day’s heat was still hanging in the air as Annie Woods walked back out to harvest squash and zucchini on her 50-acre farm. Prolonged and intense heat is part of a climate …
NHTSA Warns 463,000 Kia Owners to Park Outside Over Fire Risks
The U.S. National Highway Traffic Safety Administration urged owners of 463,000 Kia crossover SUVs to park outdoors because of fire risks until new recall repairs are completed. Kia said it would recall 463,000 Telluride crossovers in the U.S. from the …
Planned Texas Data Centers Could Emit More Greenhouse Gases Than Many Countries
Omaira Garcia didn’t realize life on her small ranch in Abilene was about to change forever until clouds of dust — kicked up by a mysterious construction next door — began to engulf her home. The Air Force veteran said …
US Files Proposed Deal With Keystone Pipeline Owner Over 2022 Kansas Rupture
The U.S. Justice Department said on Friday it had filed a proposed settlement with the owner and operator of the Keystone oil pipeline to resolve Clean Water Act violations related to a 2022 rupture in Kansas. Keystone ships Canadian crude …
USDA Introduces More Crop Insurance Options for Forage Producers
The U.S. Department of Agriculture said it is expanding coverage options to add revenue protection for forage producers in 12 states, Implemented by USDA’s Risk Management Agency (RMA), the new coverage options guard against both yield losses and decline in …
Trump Loses Bid to Delay Carroll’s $5 Million Trial Payout
A federal judge ordered the release of $5 million to New York writer E. Jean Carroll in her sexual-abuse lawsuit against Donald Trump, rejecting the president’s request to delay the payout while he asks the Supreme Court to reconsider his …
People Moves: DeCotis Welcomes Production Underwriter for Personal Lines
DeCotis Specialty Insurance, headquartered in Providence, Rhode Island, hired Frank Moran Jr. as a production underwriter on its personal lines team. In this role, Moran is responsible for driving submission flow, developing a pipeline for new business opportunities and continuing …
California Real Estate Agent Sentenced in LA Wildfire Gouging Case
A real estate agent who tried to price gouge a couple who lost their home during the Los Angeles wildfires was sentenced for false advertising. California Attorney General Rob Bonta announced the sentencing of real estate agent Mike Kobeissi for …
Climate Models Become More Precise Even as Political Attacks Sharpen
As back-to-back heat waves batter the US and Europe, scientific models linking climate change to extreme weather are increasingly important for policymakers and commercial enterprises like insurers. But a growing political backlash aims to undermine their credibility. Climate scientists can …
Damaged Manhattan Tower Owner to Reconstruct 15 Floors After Evacuation
The developer behind the Midtown Manhattan tower that was evacuated over structural concerns Tuesday says it has a plan to fix the issue, including reconstructing 15 floors that were added to the original building as part of its conversion into …
Western Europe Records Hottest June on Record, EU Scientists Say
Western Europe just experienced its warmest June on record, EU scientists confirmed on Thursday, after an extreme heatwave at the end of the month smashed temperature records, disrupted power supplies and shut schools. Last month was also the second-warmest June …
Southwestern Japan Prepares for Powerful Typhoon Bavi; Taiwan Expects Deluge of Rain
A large and powerful typhoon approached a remote chain of islands in Japan’s southwest on Friday, prompting authorities to warn of violent winds, torrential rain, landslides and flooding in what could be the region’s most destructive storm in years. Typhoon …
US to Explore Allowing Driverless Cars Without Steering Wheels
The head of the top US auto safety regulator said the agency “absolutely” will consider ending requirements that driverless cars include steering wheels, a potential boon for Tesla Inc. and other robotaxi companies rethinking traditional vehicle design. “If you’re developing …
Catastrophic Storms to Test China’s Resilience in 2026, Scientists Warn
The floodwaters that ravaged southern China this week look set to expand to other provinces with the imminent arrival of Super Typhoon Bavi, with scientists warning extreme weather would only grow more frequent this year. The expected weather systems will …
Europe’s Financial Stability Watchdog Examining Private Credit Risks, Adviser Says
The EU’s financial stability watchdog is examining the risks private credit poses to the region’s banks and economy, one of its advisers said, and may recommend regulators be given greater direct oversight of the $3.1 trillion shadow lending industry. Richard …
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Comunicados de prensa más recientes
14 de septiembre de 2023. Gran Caimán, Islas Caimán. El CCRIF SPC se enorgullece en dar la bienvenida a Honduras como su cuarto miembro de Centroamérica. El Gobierno ha adquirido cobertura de seguro paramétrico para exceso de lluvia, efectiva a partir del 1 de junio de 2023. El director ejecutivo del CCRIF, el Sr.
Gran Caimán, Islas Caimán, 3 de julio de 2023. La Unión Europea (UE) sigue brindando apoyo al CCRIF SPC como medio para subsidiar las primas de las pólizas de seguro paramétrico de sus miembros del Caribe. Este año de póliza, que comenzó el 1o de junio 2023, la UE proporcionó US$4,7 millones al CCRIF para apoyar a los 12 miembros caribeños del CCRIF que son elegibles para ODA1 para subsidiar las primas para ciclones tropicales y exceso de lluvia.
Gran Caimán, Islas Caimán, 29 de marzo de 2023. El jueves, 16 de marzo de 2023, el CCRIF SPC y el Centro de Coordinación para la Prevención de los Desastres en América Central y República Dominicana (CEPREDENAC) firmaron un memorando de entendimiento (MdE) al margen del Taller Técnico Regional para Centroamérica sobre el Financiamiento del Riesgo de Desastres y el Seguro Paramétrico del CCRIF llevado a cabo en Ciudad de Panamá, Panamá los días 15 y 16 de marzo de 2023.
Gran Caimán, Islas Caimán, 27 de octubre de 2022. El CCRIF SPC ha realizado cuatro pagos por un total de US$15,2 millones a tres de sus gobiernos miembros durante octubre para eventos hidrometeorológicos asociados con la temporada de huracanes de 2022.
Pagos han sido recibidos por los Gobiernos de:
