. Recent developments in the atmosphere over the Caribbean Sea have led researchers at Colorado State University (CSU) to make slight improvements to their hurricane forecast for the 2025 Atlantic-basin season, in an update published Wednesday. Triple-I non-resident scholar Phil Klotzbach, Ph.D., a senior research scientist in the Department of Atmospheric Science at CSU, and…
Author: Admin
mf5atl
Ohio Rules That Data Centers Pay for Minimum Energy Needs
Regulators in Ohio, a key data center market, ruled that data centers will have to pay for some of their energy requests regardless of whether the electricity ends up being needed. The Public Utilities Commission of Ohio on Wednesday voted …
Trump Administration Investigates Minnesota Agency’s Affirmative Action Policy
The Trump administration said Thursday that it has opened an investigation into whether a Minnesota state agency’s newly updated affirmative action policy violates civil rights laws. The Minnesota Department of Human Services’ policy requires supervisors to provide a “hiring justification …
Farmers in Texas Face Severe Losses From Floods
Across a wide swath of Texas, the inundated rivers that ravaged communities also tore through farms and ranches. In the town of Bend, about two hours north of Austin, Boyd Clark waded into rising waters to help one of his …
NC Man Claimed Almost $300,000 in Travel Insurance Losses. Then He Was Arrested
Oscar Rafeal Ruiz was a busy man in 2023 and 2024, jetting to numerous places, losing his luggage multiple times and filing travel insurance claims of almost $300,000. The problem, North Carolina authorities said, is that most of the claims …
Personal Auto Shines, General Liability Faces Headwinds in Q3 2025
By William Nibbelin, Senior Research Actuary, Triple-I The U.S. property/casualty (P/C) insurance industry is entering the latter half of 2025 with a nuanced underwriting landscape, as revealed in the latest “Insurance Economics and Underwriting Projections: A Forward View” report from Triple-I and Milliman. While personal auto continues to be a strong performer, the general liability…
WalkerHughes Acquires Missouri’s Apogee
WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage headquartered in Indianapolis, Indiana, is pleased to announce the addition of Apogee Insurance Solutions, LLC, a St. Peters, Missouri-based insurance agency, to its growing Missouri platform. This marks WalkerHughes’ second acquisition …
Business Moves: Insurtech Wefox Raises €151M to Build New MGA Focus, Core Markets
Insurtech wefox has secured funding of €151 million ($177.8 million), which will enable the company to build its core market positions in Austria, the Netherlands, and Switzerland as well as its asset-light managing general agent (MGA) and smart insurance distribution …
A Look at Some of the Deadliest Floods in the US in the Last 25 Years
Flooding has caused an average of more than 125 deaths per year in the United States over the past few decades, according to the National Weather Service, and flash floods are the nation’s top storm-related killer. Here’s a look at …
ICE Raids Derail Los Angeles Economy as Workers Go into Hiding
Los Angeles was already struggling to revive its fragile economy after the most destructive wildfires in its history erupted six months ago. Now, immigration raids are driving workers crucial to the rebuilding into the shadows. Framers and landscapers are abandoning …