Texas Farmers Suffer Major Losses Due to Flooding

Heavy rains and flooding have caused widespread damage across Texas, hitting farms and ranches hard. Rivers overflowed, sweeping away equipment, livestock, and crops, leaving many in the agricultural community struggling to recover. In Bend, Texas, located about two hours north of Austin, Boyd Clark found himself wading through floodwaters to rescue one of his ostrich … Read more

Ohio Requires Data Centers to Cover Minimum Energy Costs

Ohio’s utility regulators have made a significant decision affecting data centers, a major energy user in the state. The Public Utilities Commission of Ohio has ruled that data centers must pay for a large portion of the energy they request each month, even if they end up using less. This change is meant to help … Read more

Major Cyber Insurance Risks for Small to Mid-Sized Businesses (and How to Avoid Them)

Many small and mid-sized businesses still think they are too small to be targets of cybercrime. But that belief can lead to big trouble. Cybercriminals often go after companies that seem like easy targets—those without a dedicated IT team, solid employee checks, or strict password rules. Jared Turnwald, a senior manager at Central Insurance, explains … Read more

Questions Remain About Response to Deadly Texas Flash Flood

Days after the devastating floods swept through Texas during the July Fourth holiday, many questions remain about how officials prepared and responded to the disaster. The deadly flash floods along the Guadalupe River have left at least 120 people confirmed dead, with over 160 still missing as search efforts continue in the heart of the … Read more

Humana ordered to cover whistleblower lawyer’s $32 million fee.

Humana has been ordered to pay over $32 million in legal fees following its $90 million settlement in a federal False Claims Act case. The settlement resolved allegations that Humana inflated bids submitted to the Centers for Medicare & Medicaid Services, leading to significant overcharges to the government. The lawsuit, which started in 2016, accused … Read more

Formula 1 executives set their sights on motor insurance

The Fédération Internationale de l’Automobile (FIA), which oversees Formula 1 and other motorsports, has set up a new task force to tackle soaring insurance costs that are hitting the sport hard. Announced by FIA President Mohammed Ben Sulayem, the group aims to find ways to make insurance more affordable and keep motorsport accessible at every … Read more

What Flood Insurance Covers and What It Doesn’t

When floodwaters rise, many homeowners are caught off guard by just how much damage a storm can cause—and how little their insurance might actually cover. In the U.S., while fire and wind damage usually fall under standard home insurance policies, flooding is a different story. Most property owners need a separate flood insurance policy, but … Read more