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New Zealand’s weather agency issued rare red wind warnings and officials declared a state of emergency in the Canterbury region as a powerful spring storm brought destructive gales and heavy rain to the South Island and lower North Island on Thursday. Flights in and out of Wellington, the capital, and Christchurch, in Canterbury, have all … Read more
The case – against a British water company and two chicken producers, who all deny responsibility – has been launched on behalf of almost 4,000 people who say their lives are being negatively affected by river pollution. And while legal action brought against river polluters is not new, there has never been a UK case … Read more
Global commercial insurance rates fell, on average, by 4% in the third quarter of 2025, repeating the 4% decline recorded in Q2 2025, according to the latest Global Insurance Market Index published by Marsh, the insurance brokerage business of Marsh McLennan. Q3 marks the fifth consecutive global quarterly decrease following seven years of quarterly increases … Read more
Tropical Storm Melissa began dumping heavy rain on Hispaniola on Tuesday as forecasters warned of a significant flood risk in parts of the Caribbean region later this week. The rains snarled traffic in the Dominican Republic’s capital, Santo Domingo, and at least one traffic light was downed as winds whipped around the city. Games in … Read more
The recent wave of cyberattacks against Japanese businesses has exposed critical weaknesses in the country’s corporate digital defenses, fueling fears of further disruption to sales and supply chains.In the past month, Asahi Group Holdings Ltd. was forced to take its distribution system offline and revert to phone orders for beer and beverages after a ransomware … Read more
The state of New Jersey sued Amazon.com on Wednesday, accusing the company of unlawfully refusing workplace accommodations to warehouse employees who have disabilities or were pregnant and firing some who asked for them. The lawsuit filed in New Jersey state court by the office of Attorney General Matthew Platkin, a Democrat, is the latest to … Read more
Old Republic International Corp., the Chicago-based specialty insurer, announced it has entered into a definitive agreement to acquire Everett Cash Mutual Insurance Co. and its affiliated companies (ECM), following its conversion to a stock company in a sponsored demutualization transaction. Financial details of the deal were not disclosed. ECM is a leading insurer of small … Read more
Thames Water was among Britain’s most-polluting water companies last year as the total number of serious incidents jumped 60%, the Environment Agency said Thursday. Thames’ failure to improve its environmental performance, as well as sky-high debts, have left the firm in crisis. Its creditors are locked in talks with the industry regulator to rescue the … Read more
Dan Morrison Acrisure Re, the reinsurance division of global fintech leader Acrisure, appointed Dan Morrison senior vice president. Based in New York, Morrison supports Acrisure’s in-house U.S. delegated underwriting team, a key client for Acrisure Re through its expanding portfolio of programs. He leads initiatives to strengthen and expand carrier and reinsurer partnerships, while advancing … Read more
As the US government shutdown hurtles through a fourth week, the main source of federal funding for disaster relief efforts is running critically low, according to people familiar with the matter and an internal report reviewed by Bloomberg. The Disaster Relief Fund, which finances federal assistance to disaster survivors and the deployment of federal staff … Read more