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China State Firms Curb Russian Oil Imports on Sanctions Risks, Sources Say
Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two others scaled back volumes as they assess compliance following recent U.S. sanctions on Moscow, multiple trade sources said. Russian oil supplies …
POSTED MARCH 14, 2025 1:09 PM |
Tech Sector Sees Softer Insurance Market but Less Comprehensive Policies
A softer-than-expected market kept insurance premiums for technology companies down or flat in some lines in 2024, according to a new report from business insurance platform Embroker. Embroker’s 2024 Business Insurance Index: Tech Sector found average errors & omissions/cyber premiums …
POSTED MARCH 14, 2025 1:00 PM |
Delaware Forest Service Warns of Elevated Wildfire Risk
Delaware officials are reporting that the ongoing drought and current weather conditions have caused an uptick in wildfires in all three counties. Due to an elevated wildfire risk, the Delaware Forest Service is urging all residents to refrain from outdoor …
POSTED MARCH 14, 2025 12:46 PM |
Europe’s Winter Storms Will Get Worse as Emissions Rise, Study Says
Global carbon emissions are amplifying a North Atlantic wind pattern that drives northern Europe’s biggest winter storms, new research shows. According to projections from scientists at the UK’s Met Office and University of Exeter, in a scenario with very high …
POSTED MARCH 14, 2025 12:43 PM |
As Chips Race Spews ‘Forever Chemicals,’ Startups Emerge to Destroy Them
The battle for artificial intelligence supremacy hinges on microchips. But the semiconductor sector that produces them has a dirty secret: It’s a major source of chemicals linked to cancer and other health problems. Global chip sales surged more than 19% …
POSTED MARCH 14, 2025 12:16 PM |
Indonesian Fishermen Sue Tuna Giant Bumble Bee, Alleging Abuse in Supply Chain
Lawyers representing four Indonesian fishermen who say they were beaten and trapped on vessels that were part of the global supply chain that provided tuna to Bumble Bee Seafoods filed a lawsuit Wednesday against the canned seafood giant. It is …
POSTED MARCH 14, 2025 11:46 AM |
Verisk: Catastrophe Claims in Q4 Double on Late Hurricane Activity
A significant rise in claims from hurricanes rather than winter storms was to blame for a 36% increase in total fourth quarter 2024 claims. A new report from Verisk Analytics found catastrophe claims more than doubled year over year during …
POSTED MARCH 14, 2025 5:11 AM |
Global Instability Leads to 16-Year Low for Insurance Carrier M&A Deals
Two new reports highlight the stagnant mergers and acquisitions in the insurance industry in 2024. In fact, global insurance carrier M&As slumped to a 16-year low in 2024 amid a wave uncertainty and volatility through the year, Clyde & Co.’s …
POSTED MARCH 14, 2025 5:09 AM |
USG Insurance Services Adds Reinhold to Tampa Office
USG Insurance Services, a national wholesaler and managing general agent, has hired Joshua Reinhold as associate producer and broker in its Tampa office – another step in the company’s nationwide expansion plans. Reinhold has seven years of experience in the …
POSTED MARCH 14, 2025 5:02 AM |
Medical Chopper Reported Flight Control Problem Before Fatal Crash in Mississippi
CANTON, Miss. (AP) — A medical helicopter that crashed in a wooded area in Mississippi reported “a flight control problem” shortly before a Monday crash that killed all three people on board, federal authorities said. The pilot was going to …
POSTED MARCH 14, 2025 5:02 AM |
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