Monthly Archives: <span>May 2024</span>

World Extends Run of Heat Records for 11th Month in a Row

April was the Earth’s 11th consecutive month of record-breaking heat, with warmer weather already sweeping across Asia and a hotter-than-usual summer expected in Europe. The European Union’s Copernicus Climate Change Service said last month’s temperatures globally were 1.58C (2.8F) above …

Full Repairs to Damaged Red Sea Internet Cables Delayed by Yemen Political Splits

Full repairs to three submarine internet cables damaged in the Red Sea in February are being held up by disputes over who controls access to infrastructure in Yemeni waters. The Yemeni government has granted permits for the repair of two …

Clergy Sexual Abuse Probe Targets New Orleans Catholic Church Leaders

NEW ORLEANS (AP) — Authorities have expanded an investigation of clergy sexual abuse in the Roman Catholic Church in New Orleans to include senior church officials suspected of shielding predatory priests for decades and failing to report their crimes to …

Company to Pay $650K Over Child Labor Violations at Meat Processing Facilities

DES MOINES, Iowa (AP) — A Tennessee-based sanitation company has agreed to pay more than half a million dollars after a federal investigation found it illegally hired at least two dozen children to clean dangerous meat processing facilities in Iowa …

Cyber Startup Wiz Raises $1B in Private Funds, Valued at $12B

U.S.-Israeli cloud cybersecurity startup Wiz said on Tuesday it raised $1 billion in a private funding round that values the four-year old company at $12 billion. Wiz, which has raised $1.9 billion since its founding in 2020, said the funds …

TikTok Lawsuit Sets Stage for Prolonged Legal Fight Over US Ban

China-based ByteDance Ltd. made clear it won’t comply with a new US law requiring it to sell its popular TikTok video-sharing app, setting up what likely will be a prolonged court battle pitting free-speech rights against national-security interests that could …

US Probe Finds Widespread Sexual Misconduct at FDIC

The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released on Tuesday that raises questions about the future of the banking regulator’s leadership. The report, prompted by …

Viewpoint: The 10 Major Risks Shaping Insurance Today

I readily admit that lists of top risks, top threats, and opportunities for insurance are well-trodden ground, and ranking risks in order of importance inevitably triggers debate about which risk should be near the top or bottom, rather than the …

Georgia AG Says Savannah Overstepped on Ordinance Banning Guns in Unlocked Cars

SAVANNAH, Ga. (AP) — Georgia’s attorney general says city officials in Savannah overstepped their authority by making it illegal to leave firearms in unlocked cars. Savannah’s mayor and city council in April enacted the new city ordinance aimed at making …

Georgia Regulations Would Cut Agents’ Licensing Course Load from 20 Hours to 8

The Georgia insurance commissioner is accepting comments on proposed rule changes that would cut the pre-licensing course load by almost two-thirds for personal lines agents. “The primary purpose of the proposed changes to all Regulation Chapters … is to modernize …