13 08, 2026

AI Data Center Boom Is ‘Maxing Out’ P/C Insurers, AIG CEO Says

By | August 13th, 2026|Uncategorized|Comments Off on AI Data Center Boom Is ‘Maxing Out’ P/C Insurers, AIG CEO Says

American International Group Inc. CEO Eric Andersen said that while the artificial intelligence buildout presents a “great opportunity” for the insurance industry, it’s also pushing property and casualty providers to their limits. AI data centers “need everything from project finance …

13 08, 2026

Tornado Alley Eastward Shift Adding Risk Concerns, Modeler Says

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The peak of tornado season may be behind us, but the eastward expansion of what has been traditionally known as tornado alley into more populated areas may continue raising awareness of the growing insurance risk long for some time. Record …

13 08, 2026

Court Rules Lawsuit Not Allowed for Heat-Stricken Worker Despite Previous Death

By | August 13th, 2026|Uncategorized|Comments Off on Court Rules Lawsuit Not Allowed for Heat-Stricken Worker Despite Previous Death

One farm worker died from heat exposure in 2020, resulting in a fine and citation from the U.S. Occupational Safety and Health Administration. Two years later, the employer failed to follow its remedial safety guidelines for heat exposure, failed to …

13 08, 2026

USDA Says Argentine Beef That Missed Inspection Is Recalled

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Nearly 30,000 pounds of Argentine beef that wasn’t fully inspected before being distributed in Texas and Florida are being recalled, the US Department of Agriculture said. The USDA’s Food Safety and Inspection Service announced that Florida-based Corte Argentino LLC was …

13 08, 2026

UnitedHealth Investor Suit Alleges Security, Governance Lapses

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UnitedHealth Group Inc. board members ignored a raft of governance and oversight risks for years before catastrophic failures triggered billions in losses for investors, a shareholder lawsuit alleges. An amended complaint filed Aug. 7 in a Minnesota federal court reveals …

13 08, 2026

Hawaii Faces More Tropical Threats From El Niño-Charged Pacific

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A powerful patch of thunderstorms and wind is expected to strengthen into Tropical Storm Lala by Thursday before taking aim Hawaii this weekend. The weather system was 935 miles (1,500 kilometers) east-southeast of Hilo, Hawaii, with top winds of 35 …

13 08, 2026

Taylor Farms Outbreaks Show Limits of US Ability to Safeguard Mexican Produce

By | August 13th, 2026|Uncategorized|Comments Off on Taylor Farms Outbreaks Show Limits of US Ability to Safeguard Mexican Produce

Two foodborne illness outbreaks linked to Taylor Farms have exposed a weakness at the heart of North America’s food system: the United States is increasingly relying on Mexico’s produce industry, and regulators are straining to oversee it to keep consumers …

13 08, 2026

Shein Loses UK Lawsuit Against Temu Over Copyright Violations

By | August 13th, 2026|Uncategorized|Comments Off on Shein Loses UK Lawsuit Against Temu Over Copyright Violations

Shein lost a UK lawsuit against PDD Holdings Inc.’s Temu over allegations its rival engaged in large-scale copyright violations. The Chinese-founded e-commerce giant must also compensate Temu for taking down thousands of product listings, according to a London court ruling …

13 08, 2026

Kansas Woman Sentenced to Probation for Insurance Fraud

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Kansas Insurance Commissioner Vicki Schmidt announced a Johnson County woman has been sentenced to 24 months of probation for insurance fraud. Jinky Alcantara, aged 39, pleaded guilty on May 26, 2026, in Johnson County District Court to one felony count …

13 08, 2026

Midwest States Grapple With Recovery From Latest Severe Storms

By | August 13th, 2026|Uncategorized|Comments Off on Midwest States Grapple With Recovery From Latest Severe Storms

Severe weather cut power to more than half a million people in the Chicago area and northwestern Indiana as perilous thunderstorms and tornadoes pummeled the region Tuesday, causing widespread damage and bringing lightning that injured people at an Ohio prison. …