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Sydney Air Traffic Controllers Warn of Grave Safety Concerns
Air traffic controllers in Sydney have warned of “grave concerns” about flight safety because of new local airspace rules, the safety regulator said, just as the number of near misses and incidents at the airport mounts. The Australian Transport Safety …
POSTED AUGUST 21, 2026 11:08 AM |
Gallagher Re Launches Digital Risk Practice to Aid Tech Risk Management
Gallagher Re, the global reinsurance broking and advisory firm, announced the launch of its Digital Risk Practice, bringing together specialist expertise in AI liability, data centers, cyber, and digital risk engineering to help insurers and reinsurers understand, quantify, and manage …
POSTED AUGUST 21, 2026 10:51 AM |
S. Korean Ship to Test Arctic Route to Europe but Western Allies Concerned
South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian …
POSTED AUGUST 21, 2026 10:19 AM |
Australia’s Steadfast Agrees to $5.51B Buyout Bid by KKR-Backed Consortium
Australian insurance broker Steadfast Group said on Friday it has agreed to a A$7.7 billion ($5.51 billion) takeover offer by a U.S. consortium backed by investment firm KKR. As part of the proposal, insurance distributor Amwins Group will acquire Steadfast’s …
POSTED AUGUST 21, 2026 9:47 AM |
West Texas Oil Producers Pushing Power Demand ‘Through the Roof’
Oil and gas producers’ swelling power needs are hitting the West Texas region just as technology companies target the world’s most productive shale basin for data centers, sending electricity demand soaring. The top boss at Diamondback Energy Inc., one of …
POSTED AUGUST 21, 2026 7:00 AM |
Rates, Digital Support Boost Small Business Insurance Customer Satisfaction: JD Power
Small businesses’ overall satisfaction with small commercial insurers rose 15 points (to 713 on a 1,000-point scale), driven by improvements in digital support and rates, according to JD Power’s 2026 U.S. Small Commercial Insurance Study that surveyed 2900 customers earlier …
POSTED AUGUST 21, 2026 5:56 AM |
Abbott Agrees to $670 Million Settlement of Infant Formula Cases
Abbott said on Thursday it reached a $670 million settlement with three law firms to resolve legal claims by 2,000 people who alleged harms relating to the company’s specialty formulas for preterm infants. The settlement includes one large case in …
POSTED AUGUST 21, 2026 5:14 AM |
Viewpoint: If AI Compute Is an Investable Asset, AI Agency Must Become Insurable
NVIDIA has just made an argument that should matter far beyond the semiconductor industry. In a recent post, the company described AI-factory compute as an emerging investable infrastructure asset, supported by financing platforms with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs …
POSTED AUGUST 21, 2026 5:11 AM |
Four Patients Affected, One Paralyzed, After Drug Mix-up at Nashville Hospital
Four patients were affected and one of them was paralyzed after a pre-surgery drug mix-up at a Nashville hospital, local news outlets reported. A 72-year-old woman, Glenda Dorton, reportedly received a spinal injection of potassium instead of anesthesia before her …
POSTED AUGUST 21, 2026 5:05 AM |
Romania Destroys Marine Drone Near Neptun Deep Gas Project: Minister
Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred meters from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday. The incident underscores the growing threat to critical energy infrastructure …
POSTED AUGUST 20, 2026 4:43 PM |
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