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What Happens to Property Pricing in ’27, Insurance, Reinsurance Execs Ask
Insurance and reinsurance executives speaking at a recent industry conference said there were few surprises during midyear 2026 reinsurance renewals—with past overreactions on price hikes explaining this year’s declines. “The question that’s going to be super relevant is: Where are …
POSTED JUNE 26, 2026 1:11 PM |
Why the Trump Administration Is Defending Musk’s xAI Data Centers in Court
A lawsuit over unpermitted gas turbines used to power adata center for Elon Musk’s company xAI Corp. and its AI assistant Grok has become an unexpected test for the US government’s authority over air pollution. The US Department of Justice …
POSTED JUNE 26, 2026 12:45 PM |
Mamdani Delivers Rent Freeze in Milestone for New York City Tenants
New York City’s Rent Guidelines Board voted to freeze rents for roughly one million stabilized apartments, handing Mayor Zohran Mamdani a major political victory and delivering on a central promise that launched him to City Hall. The board voted 7-1 …
POSTED JUNE 26, 2026 11:38 AM |
Fire Extinguished at Monroe Energy’s Jet Fuel Refinery in Pennsylvania
A fire was extinguished in a process unit pump room at Monroe Energy’s 190,000-barrel-per-day refinery in Trainer, Pennsylvania, on Thursday, the company said in a statement. The exact cause of the fire is unclear at this time, the company said, …
POSTED JUNE 26, 2026 11:00 AM |
People Moves: Berkley Promotes Enright as President of Berkley Specialty London, Succeeding Hastings; Ariel Re Promotes Shreeve as Chief Commercial Officer
This edition of International People Moves details appointments at W.R. Berkley Corp.’s Berkley Specialty London and Ariel Re. A summary of these new hires follows here. Berkley Promotes Enright as President of Berkley Specialty London, Succeeding Hastings W. R. Berkley …
POSTED JUNE 26, 2026 9:47 AM |
China’s 360 Says it Has Developed Tools to Match Anthropic’s Mythos
Chinese cybersecurity firm 360 Security Technology has developed what it calls a domestic answer to Anthropic’s Mythos, it said on Wednesday, casting the U.S. model as a strategic cyber capability that China could not afford to lack. Mythos, previewed in …
POSTED JUNE 26, 2026 8:56 AM |
Traffic Flows Through Hormuz Despite Shock Container Ship Attack
An attack on a container vessel sailing through the Strait of Hormuz has prompted some shipowners to review exit plans, but traffic continued to flow in both directions through the vital thoroughfare on Friday. Two fully laden tankers are heading …
POSTED JUNE 26, 2026 8:33 AM |
NHTSA Proposes to Drop Brake Pedal Requirements for Self-Driving Vehicles
The National Highway Traffic Safety Administration proposed on June 25 to end a government requirement for manual brake pedals in self-driving vehicles, a move that would make it easier to deploy such vehicles on U.S. roads. The proposal would not …
POSTED JUNE 26, 2026 5:13 AM |
France Seizes ‘Shadow Fleet’ Tanker, Stepping Up Pressure on Russia
France’s navy seized another tanker it said was linked to Russia’s “shadow fleet” on Thursday, underscoring the escalation this year in European efforts to enforce sanctions and squeeze one of Moscow’s main revenue streams. Nine suspected shadow fleet tankers, vessels …
POSTED JUNE 26, 2026 5:10 AM |
TotalEnergies Must Address Climate Risks Linked to its Products, French Court Rules
French oil major TotalEnergies must disclose the climate risks linked to emissions from its oil and gas products and set out plans to mitigate them, a Paris court ruled on Thursday. The ruling is a partial victory for climate change …
POSTED JUNE 26, 2026 5:05 AM |
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