Patricia Wells

New research has revealed that global carbon emissions are intensifying a significant wind pattern in the North Atlantic, which plays a crucial role in driving winter storms across northern Europe. Scientists from the UK’s Met Office and the University of Exeter conducted projections indicating that if greenhouse gas levels remain very high, the North Atlantic … Read more

Delaware is facing an increased risk of wildfires due to ongoing drought conditions and current weather patterns. Officials from the Delaware Forest Service are urging residents to avoid outdoor burning as the situation worsens across all three counties. Last weekend, the National Weather Service, along with state wildfire supervisors, issued a warning about the heightened … Read more

Chinese state oil companies are pulling back from buying Russian oil this month. Two major importers have stopped purchases entirely, while others are buying less. This change comes as they look into compliance issues following recent U.S. sanctions against Russian oil producers. The sanctions, imposed on January 10 by the Biden administration, target companies like … Read more

Insurance premiums for technology companies have seen a surprising trend in 2024, according to a recent report from Embroker, a business insurance platform. The report indicates that a softer market has kept premiums steady or even reduced in some areas, making it a more favorable year for tech businesses. Specifically, average premiums for errors & … Read more

Carrier Management is organizing a free online event focused on wildfire risk assessment and prevention tools for those in the insurance and risk management fields. The event, called Wildfire Risk Intelligence Demo Day, is set for Wednesday, March 19, starting at 1 p.m. ET. During this three-hour conference, experts in wildfires will showcase their products … Read more

Meta Platforms has secured an emergency ruling to halt the promotion of a revealing book by a former employee. The book, titled "Careless People," was written by Sarah Wynn-Williams, who previously served as Meta’s director of global public policy. The ruling came from an emergency arbitrator after a hearing that Wynn-Williams did not attend. Nicholas … Read more

Four Dutch crew members have admitted guilt in connection with a significant oil spill in Singapore, which is being labeled the worst in the city-state in a decade. The incident occurred when their dredger, the Vox Maxima, collided with the bunker-fuel vessel Marine Honour at a shipping terminal in June 2024. The crew members—Richard Ouwehand, … Read more

Tens of billions in aid for Hurricane Helene victims is expected to start flowing soon, according to U.S. Agriculture Secretary Brooke Rollins. This announcement comes as farmers in Georgia and surrounding states face challenges in planting their crops this year due to the storm’s devastation. Congress approved a $100 billion disaster relief package on December … Read more

Beazley, a specialty insurer, has appointed Lindsay Shipper as the new head of commercial property for North America, effective April 1. Based in Atlanta, Shipper will report to Richard Montminy, who oversees property risks for the group. Shipper brings nearly 20 years of experience in the property market. Before joining Beazley, she spent 16 years … Read more

The Tampa Bay Rays have decided to withdraw from plans to build a new $1.37 billion stadium in St. Petersburg, Florida. The announcement came on Thursday from the team’s owner, Stu Sternberg. The Rays were supposed to partner with the city and Pinellas County, with the team planning to contribute $700 million and local governments … Read more