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Viewpoint: Storm Resilience Must Account for the Assets That Do Not Stay Put
Hurricanes, wildfires and other major weather events often dominate attention, but severe convective storms remain one of the most frequent and costly weather threats facing businesses. In 2025, there were a total of 23 billion-dollar disasters; 21 were severe storms. …
POSTED AUGUST 13, 2026 1:43 PM |
Hawaii Faces More Tropical Threats From El Niño-Charged Pacific
A powerful patch of thunderstorms and wind is expected to strengthen into Tropical Storm Lala by Thursday before taking aim Hawaii this weekend. The weather system was 935 miles (1,500 kilometers) east-southeast of Hilo, Hawaii, with top winds of 35 …
POSTED AUGUST 13, 2026 1:25 PM |
Thoma Bravo to Take Accelerant Private in $4 Billion Deal
Accelerant said on Thursday that private equity firm Thoma Bravo will take the insurance marketplace platform private in an all-cash deal worth more than $4 billion, just over a year after its New York listing. Shareholders of Atlanta-based Accelerant will …
POSTED AUGUST 13, 2026 1:16 PM |
UnitedHealth Investor Suit Alleges Security, Governance Lapses
UnitedHealth Group Inc. board members ignored a raft of governance and oversight risks for years before catastrophic failures triggered billions in losses for investors, a shareholder lawsuit alleges. An amended complaint filed Aug. 7 in a Minnesota federal court reveals …
POSTED AUGUST 13, 2026 1:01 PM |
Low Rhine River Levels Disrupt German Industry
German companies are reporting growing disruption from Rhine water levels that have hit record lows, with chemical producers, utilities, steelmakers and agricultural traders warning of higher costs, transport bottlenecks and curbed production. While Germany has not yet suffered the widespread …
POSTED AUGUST 13, 2026 11:35 AM |
Russia Eyeing Sabotage, Other Attacks in Europe, Officials Warn
Russia may escalate attacks against the Baltic States and Poland, a European intelligence official said, amid rising concern that Moscow wants to further intimidate nations supporting Ukraine. There are indications that Russian intelligence and security services are looking at so-called …
POSTED AUGUST 13, 2026 9:37 AM |
Update: UK Risk Firm Ambrey Working to Salvage Ship Spewing Oil off Omani Coast
Risk management firm Ambrey said on Thursday it was coordinating the salvage of a ship spilling Russian crude into the Arabian Sea off the coast of Oman in one of the world’s worst oil spills for years. Ambrey has contracted …
POSTED AUGUST 13, 2026 9:23 AM |
Iran Battles Oil Spill Near Key Persian Gulf Island of Qeshm
Iran is battling an oil spill off Qeshm Island, underscoring the environmental risks posed by attacks on tankers in the Persian Gulf. Satellite images show a dark, elongated trail in waters off the coastal village of Shib Deraz — a …
POSTED AUGUST 13, 2026 9:09 AM |
Australia Sets ‘World-Leading’ Minimum Pay, Insurance Rules for Gig Delivery Workers
Australia’s industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above the national minimum wage and covered by injury insurance while on the job. Gig workers will be paid at least …
POSTED AUGUST 13, 2026 8:37 AM |
Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI
New research from S&P Global Market Intelligence looks to suggest that homeowners insurers are reaching rate adequacy, but certain marketplace factors are creating what it called a “fragmented phase.” Nationally, the US effective approved homeowners rate change declined from about …
POSTED AUGUST 13, 2026 5:13 AM |
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