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California utilities have shut off power to over 62,000 customers to prevent wildfires as dry winds sweep across the state. PG&E Corp. is responsible for cutting power to about 60,000 customers in seven counties, and they may turn off more if conditions worsen. Southern California Edison Co. has also de-energized lines for nearly 2,400 customers … Read more

Tesla is set to launch its long-awaited robotaxi service in Austin, Texas, as early as Sunday. The company will start with about 10 Model Y SUVs, which will operate under strict safety guidelines. CEO Elon Musk emphasized that safety is a top priority, stating that humans will monitor the fleet remotely. This remote monitoring, known … Read more

Wholesale fabric distributors play a crucial role in the supply chain for retailers, designers, and manufacturers across the country. However, their business comes with significant risks, including handling large inventories of flammable materials and managing complicated vendor contracts. As these distributors work to ship fabrics nationwide, they must also consider the potential for theft, weather-related … Read more

Last November, a tragic explosion at a food-coloring facility in Louisville claimed the lives of two workers and injured three others. The U.S. Chemical Safety and Hazard Investigation Board has released new findings about the incident, shedding light on the circumstances that led to this devastating event. The explosion occurred at the Givaudan Sense Colour … Read more

Companies are facing increasing pressure to adapt to climate change, but many are still holding back. Extreme weather, changing supply chains, and stricter regulations are pushing businesses to take action. However, a significant hurdle remains: the perception that climate risk is a problem for the future, not the present. Lars Regner, who leads resilience services … Read more

When Russia invaded Ukraine in February 2022, many were focused on survival, but for Mykhailo Hrabovskyi, it was also about his responsibilities as an insurance executive. Hrabovskyi was outside Ukraine when the invasion began. He faced a serious injury and knew he had to get home quickly. With flights grounded, he embarked on a challenging … Read more

A tragic trucking accident has put Progressive Express Insurance Company in the spotlight as it faces a federal court case over coverage related to the incident. The case has caught the attention of the insurance industry, particularly due to its focus on the nuances of commercial auto insurance policies. The accident occurred on February 19, … Read more

The Research Triangle in North Carolina, known for its strong economy driven by education and healthcare, is facing new challenges. Major universities like Duke and the University of North Carolina at Chapel Hill have attracted businesses and jobs to the Raleigh-Durham area. However, recent federal funding cuts are putting this economic growth at risk. For … Read more

Arizona Governor Katie Hobbs has appointed Maria Ailor as the new interim director of the Arizona Department of Insurance and Financial Institutions (DIFI). Ailor steps into this role with an impressive background, bringing over 30 years of experience in public service and insurance regulation. Before her appointment, Ailor served as the assistant director of DIFI’s … Read more

Honda is recalling over 259,000 vehicles in the U.S. due to a serious brake issue. This problem can cause the brake pedal to shift out of its proper position, which may prevent drivers from stopping their cars effectively. The recall affects certain models of the Honda Pilot from 2023 to 2025, as well as the … Read more