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

Time to Retire ‘Hard to Abate’ as Climate Solutions Become More Affordable

Jargon often gets in the way of clearly understanding the climate challenge. While some technical terms such as “net zero” are useful and continue to gain wider acceptance, others aren’t so helpful. Take the phrase “hard to abate.” The simplest …

Fosun’s Fidelidade Explores Sale of New Lisbon Headquarters

Fidelidade, an insurer controlled by Shanghai-based Fosun International Ltd., is weighing the sale and leaseback of a building in Lisbon that it plans to use as its new headquarters. The company will give up its current base near Lisbon’s Chiado …

Hurricane Debby Data Due to Florida OIR Thursday and Friday

The Florida Office of Insurance Regulation said it is reminding property insurers in the state to file Hurricane Debby claims data Thursday and Friday this week. Insurers should use the Simplified 2024 Catastrophe Reporting Form through the Insurance Regulation Filing …

‘We’re Going to Survive and It’s Going to Come Back’: A Year After Maui Wildfire, Survivors Press on

They have combed the ashes for mementos, worried about where they would sleep, questioned their faith and tried to find a way to grieve amid the great, unsettling devastation. Residents have faced a year of challenges, practical and emotional, since …

As US Heat Deaths Rise, Some Landlords Oppose Right to Air Conditioning

Summers in New York City are difficult for Anthony Gay and his family. A small, portable air conditioner in his bedroom is the only relief they have from soaring temperatures in their Brooklyn rental. “The rest of the apartment is …

New Jersey Debates: Protect Against Floods or Retreat From Shore?

New Jersey officials are defending proposed building rules designed to limit damage from future storms and steadily rising seas in coastal areas, countering criticism that the state aims to force people away from the Jersey Shore by making it harder …

Why Vermont Keeps Flooding: It’s Complicated But Could Become the Norm

Vermont is flooding. Not just yesterday, two weeks ago and a year before that, but experts say the state could see catastrophic events like these for the foreseeable future. Climate change is fueling stronger, more persistent storms and the state’s …

Musk’s X Accuses Advertisers of Boycotting Platform in New Lawsuit

Elon Musk’s social media platform X on Tuesday sued a global advertising alliance and several major companies, including Mars and CVS Health, accusing them of unlawfully conspiring to boycott the site and causing it to lose revenue. X filed the …

Crest Insurance Group Acquires Provost Associates in Arizona

Crest Insurance Group has acquired Scottsdale, Arizona-based Provost Associates. Provosts specializes in the hospitality industry, serving more than 200 high-end hotel properties and 900 golf properties. Crest is an insurance brokerage firm headquartered in Tucson, Arizona, that provides property/casualty and …

Two Construction Firms Ordered to Pay $600K in Wages, Damages to 131 Workers

The Department of Labor said it has obtained a federal court order that requires two New Jersey construction companies and their owners and managers to pay $600,000 in back wages and liquidated damages to 131 former employees after a federal …