La Nina, the cooler and at times costlier flip side of El Nino, has arrived to warp weather worldwide, meteorologists said Thursday. This natural weather phenomenon often turbocharges the Atlantic hurricane season, but this La Nina may be too weak …
Month: October 2025
Constellation Energy to Spend $340M to Improve Water Quality at Maryland Dam
Constellation Energy has agreed to spend more than $340 million to improve water quality at Maryland’s Conowingo Dam, which flows into the Susquehanna River and eventually ends up in the Chesapeake Bay, the nation’s largest estuary, officials announced last week. …
People Moves: Aon Names Chisholm as Chairman of Asia Reinsurance Solutions; Markel Appoints Luxford as Head of Distribution and MGA Strategy, Australia
This edition of International People Moves details appointments at Aon and Markel Insurance. A summary of these new hires follows here. Aon Names Chisholm as Chairman of Asia Reinsurance Solutions Insurance broker Aon plc named Simon Chisholm as chairman of …
Ben & Jerry’s Co-Founder Expects Conflict to Continue Under New Ownership
Ice cream brand Ben & Jerry’s is set to switch corporate owners next month, but for Ben Cohen, the counterculture brand’s co-founder, it is a case of meet the new boss, same as the old boss. As of November, Ben …
New York City And Northeast Brace for Flooding Rains From Weekend Storm
New York City and the Northeast are in the crosshairs of a massive coastal storm that’s poised to bring high winds, surging tides and heavy rain throughout the region starting Sunday. Drenching rain and strong winds will likely arrive in …
Weak Governance of Artificial Intelligence Raises Risks of Cyberattacks: Moody’s
Weak artificial intelligence (AI) governance practices pose a growing risk of data breaches, warns a report published by Moody’s Ratings. Large numbers of companies and organizations “have no rules in place to govern the safe use of new artificial intelligence …
Ex-Insurance Agent Avoids Prison for Being ‘Model Cooperator’ in Menendez Case
Former New Jersey insurance agent Jose Uribe will not go to prison for his role in the bribery scheme involving former U.S. Senator Bob Menendez, the senator’s wife, and two other businessmen. U.S. District Judge Sidney Stein in New York …
Wyoming Library Director Fired in Book Dispute Wins $700K Settlement
A former Wyoming library director who was fired amid an uproar over books with sexual content and LGBTQ+ themes that some people complained were inappropriate for youngsters and who sought their removal from youth shelves will be paid $700,000 after …
Despite Headwinds,P/C Insurance Industry Maintains Course in 2025
By William Nibbelin, Senior Research Actuary, Triple-I The U.S. property/casualty (P/C) insurance industry is on track for a second consecutive year of underwriting profitability in 2025, and is projected to grow faster than the broader U.S. economy, according to the latest Insurance Economics and Underwriting Projections: A Forward View report from Triple-I and Milliman. The…
Global Financial Watchdogs to Ramp Up Monitoring of Artificial Intelligence
Global financial regulators have laid out plans for closer monitoring of artificial intelligence risks as banks and other parts of the financial industry ramp up the use of AI. Banks have been broadly optimistic that AI will make them more …