4 12, 2025

The World’s Plastic Glut Is Set to Get Much Worse by 2040, Study Finds

By | December 4th, 2025|Uncategorized|Comments Off on The World’s Plastic Glut Is Set to Get Much Worse by 2040, Study Finds

Despite clear evidence that plastic is clogging oceans and beaches and breaking down into microplastics that enter our bodies, humans are continuing to produce the material at accelerating rates. The result: Global plastic pollution will hit 280 million metric tons …

4 12, 2025

People Moves: Flagg Reappointed to Texas Mutual Insurance Company Board of Directors

By | December 4th, 2025|Uncategorized|Comments Off on People Moves: Flagg Reappointed to Texas Mutual Insurance Company Board of Directors

Brett Flagg, of Frisco, Texas, has been reappointed to the Texas Mutual Insurance Company board of directors by Gov. Greg Abbott. His board term for Texas Mutual—a policyholder-owned company and the state’s leading provider of workers’ compensation insurance—is set to …

5 12, 2025

Cloudflare Says It Fixed Outage That Slowed Banking Sites, Zoom

By | December 5th, 2025|Uncategorized|Comments Off on Cloudflare Says It Fixed Outage That Slowed Banking Sites, Zoom

Cloudflare Inc. said it has fixed a problem that led to the websites for several banks, Shopify, Zoom and LinkedIn to go down Friday. “A fix has been implemented and we are monitoring the results,” the San Francisco-based company said …

4 12, 2025

Hong Kong Fire to Hurt Taiping Insurance Earnings, Fitch Says

By | December 4th, 2025|Uncategorized|Comments Off on Hong Kong Fire to Hurt Taiping Insurance Earnings, Fitch Says

The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and hit earnings of the complex’s main underwriter, an affiliate of China Taiping Insurance Holdings 0966.HK, …

5 12, 2025

‘Dream is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course

By | December 5th, 2025|Uncategorized|Comments Off on ‘Dream is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course

The message from the Florida Chamber of Commerce Insurance Summit was loud and clear: Don’t mess with legislative changes that have all but restored the state’s property insurance market. And while you’re at it, don’t repeal Florida’s personal injury protection …

4 12, 2025

Amynta Group Completes Acquisition of Louisiana’s International Sureties

By | December 4th, 2025|Uncategorized|Comments Off on Amynta Group Completes Acquisition of Louisiana’s International Sureties

Amynta Group has completed its acquisition of commercial surety broker Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, “International Sureties”). International Sureties is a Louisiana-based specialty surety broker, providing a broad range of commercial surety products, including …

4 12, 2025

Nine Insurers OK’d to Sell Group Health to Washington Employers

By | December 4th, 2025|Uncategorized|Comments Off on Nine Insurers OK’d to Sell Group Health to Washington Employers

Washington Insurance Commissioner Patty Kuderer approved nine health insurers to sell group health plans to small employers in 2026. The insurers are: Asuris Northwest Health, Kaiser Foundation Health Plan of the Northwest, Kaiser Foundation Health Plans of WA, Kaiser Foundation …

5 12, 2025

The Rise of AI Reasoning Models Comes With a Big Energy Tradeoff

By | December 5th, 2025|Uncategorized|Comments Off on The Rise of AI Reasoning Models Comes With a Big Energy Tradeoff

Nearly all leading artificial intelligence developers are focused on building AI models that mimic the way humans reason, but new research shows these cutting-edge systems can be far more energy intensive, adding to concerns about AI’s strain on power grids. …

4 12, 2025

Instacart Sues New York City Over Worker Pay, Tipping Laws

By | December 4th, 2025|Uncategorized|Comments Off on Instacart Sues New York City Over Worker Pay, Tipping Laws

Instacart sued New York City on Tuesday, seeking to block enforcement of five laws affecting the grocery delivery company, including higher minimum pay for app-based workers and greater disclosures to customers about tipping. According to a complaint filed in Manhattan …

4 12, 2025

Construction Firm Owner Pleads Guilty to $600K Workers’ Compensation Fraud

By | December 4th, 2025|Uncategorized|Comments Off on Construction Firm Owner Pleads Guilty to $600K Workers’ Compensation Fraud

The owner of an iron and erection construction company was sentenced this week for underreporting payroll to avoid paying $600,000 in workers’ compensation policy premiums. According to Nassau County District Attorney Anne T. Donnelly, business owner Mahendranauth Khargie of Rockville …