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People Moves: World Insurance Names CFO, World Retail
World Insurance Associates Names Casey CFO World Insurance Associates LLC, headquartered in Iselin, New Jersey, named Ann Casey as World Retail chief financial officer effective September 1. Casey will lead the retail controllership and retail M&A accounting integration functions and …
POSTED AUGUST 12, 2026 11:20 AM |
OSHA Fines Maine Pulp Mill $700K for Chemical Release That Killed 2 Workers
A federal investigation into the release of a deadly gas at a Baileyville-based wood pulp mill found that the employer exposed workers to safety and health hazards that resulted in the death of two workers. The Occupational Safety and Health …
POSTED AUGUST 12, 2026 11:12 AM |
Putin Threatens Retaliation Over EU Moves to Seize Russian Ships
Russian President Vladimir Putin threatened to retaliate against any European Union moves to seize his country’s commercial ships, calling such actions “piracy.” As part of a new sanctions package last month, the bloc approved a mechanism allowing member states to …
POSTED AUGUST 12, 2026 10:19 AM |
Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk?
As climate events intensify, exposure is expanding, and loss severities from secondary perils, such as convective storms, wildfires, floods and hail, are no longer easily dwarfed by hurricanes or earthquakes. These perils have contributed significantly to the insured losses in …
POSTED AUGUST 12, 2026 9:38 AM |
HSBC Global Insurance Business Head Moncreiffe to Leave, Sources Say
HSBC’s global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender, sources said, amid a broader global overhaul and recent asset sales in Asia. Moncreiffe’s departure, which was first reported …
POSTED AUGUST 12, 2026 8:36 AM |
AI’s Volatile Power Demand Is Damaging Its Own Data Centers
Rapid swings in AI data centers’ power demands are straining vital equipment, causing batteries, generators and cooling systems to malfunction or wear out far sooner than expected. As the AI boom accelerates, these technical problems suggest added costs and unforeseen …
POSTED AUGUST 12, 2026 8:29 AM |
FDA Urges Sanitation, Supplier Checks to Curb Fresh-Cut Produce Contamination
The U.S. Food and Drug Administration on Tuesday finalized guidance for preparation and packaging of fresh-cut produce, recommending measures such as sanitation control, supplier verification and refrigeration to reduce the risk of foodborne illnesses. The guidance for ready-to-eat produce comes …
POSTED AUGUST 12, 2026 5:15 AM |
Americans Just Endured the Hottest Month in 132 Years
The US just sweltered through the warmest month ever recorded. The average temperature for the US mainland reached 76.9F (24.9C) in July, the National Oceanic and Atmospheric Administration said on Monday. The US government has been tracking temperatures for 132 …
POSTED AUGUST 12, 2026 5:11 AM |
Rhine River Shipping Stalls as Water Level Hits Record Low
Water levels on the Rhine river are dwindling further, with no relief in sight, forcing companies that rely on the waterway to adjust rapidly to keep goods flowing.Levels at Kaub, Germany — the Rhine’s shallowest point — have fallen to …
POSTED AUGUST 12, 2026 5:10 AM |
Delta Probing Unauthorized Wi-Fi on Flight After Hacker Event
Delta Air Lines Inc. is investigating an unauthorized Wi-Fi network on a Monday flight out of Las Vegas, where a major cybersecurity conference was held over the weekend. The US airline is working with federal law enforcement officials and aviation …
POSTED AUGUST 12, 2026 5:08 AM |
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