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US Declares Power Emergency in Southeast as Heat Strains Grids
The Trump administration declared a power emergency in the southeastern US as forecasters warned of dangerous heat that’s likely to stress power grids along the country’s east coast. An emergency order issued by the Energy Department on Thursday allows Duke …
POSTED JUNE 12, 2026 2:09 PM |
Solar Power Hits New Milestones in the US
Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power. Data released June 10 by global energy think tank Ember, along with a …
POSTED JUNE 12, 2026 2:02 PM |
Florida Property Tax Cut Could Strain Local Credit, S&P Says
Local governments in Florida will face “greater credit pressure” if voters approve a plan to largely eliminate property taxes on more than half of homes in the state, according to analysts at S&P Global Ratings. The proposal would introduce financial …
POSTED JUNE 12, 2026 1:58 PM |
Two California Insurance Commissioner Candidates Are Left, And Reform Is Coming
Expect more efforts to reform California’s troubled homeowners insurance market from the state’s next top insurance regulator regardless of who wins a race that has now been whittled down to two candidates. Democrats Jane Kim and Ben Allen are advancing …
POSTED JUNE 12, 2026 1:48 PM |
People Moves: PIA New Jersey Elects New Leadership
PIA New Jersey Elects New Leadership; Levine President Aaron Levine was elected president of the Professional Insurance Agents of New Jersey (PIANJ) at the association’s annual business meeting. Levine is a member agent for LG Insurance Agency in West Long …
POSTED JUNE 12, 2026 1:42 PM |
Claimants of 23andMe Data Breach to Get $46.75M in Settlement Deal
The administrator of a bankruptcy plan for the genetics-testing company once known as 23andMe agreed to dole out a total of $46.75 million to victims in a deal to end litigation stemming from a 2023 data breach. According to records …
POSTED JUNE 12, 2026 1:37 PM |
Climate Change Making Coastal Floods More Likely, Study Finds
Extreme floods that once swamped coastal communities only rarely are becoming far more common as climate change caused by humans pushes sea levels higher, according to new research published Wednesday. Experts say the findings are crucial for making plans about …
POSTED JUNE 12, 2026 1:12 PM |
Virginia Says Airbnb Lacks Insurance License to Offer Its Host Damage Protection Plan
Regulators at the Virginia Bureau of Insurance are raising issues with Airbnb over its Host Damage Protection (HDP) program, maintaining that it is an insurance product and Airbnb is offering it without being properly licensed. The State Corporations Commission has …
POSTED JUNE 12, 2026 1:05 PM |
People Moves: Willis Re Taps Ogilvie and Dart From Carpenter for Key Roles in London, Bermuda; Aon Promotes Dando as Chief Broking Officer for Global Broking Center
This edition of International People Moves details appointments at brokers Willis Re and Aon. A summary of these new hires follows here. Willis Re Taps Ogilvie and Dart From Guy Carpenter for Key Roles in London, Bermuda Willis Re, the …
POSTED JUNE 12, 2026 10:49 AM |
Novo Nordisk Flags Patient Data Breach From Some Clinical Trials in Cyberattack
Novo Nordisk said on Thursday it has identified a security incident in which certain information, including patient data from some clinical trials, was copied externally without authorization from its internal IT systems. The company, maker of the blockbuster weight-loss drug …
POSTED JUNE 12, 2026 10:00 AM |
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