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Oman Opens Temporary Strait of Hormuz Shipping Routes, Says No Tolls Will Be Charged
Oman said it would keep the Strait of Hormuz open to shipping without imposing any tolls and had designated two temporary routes north and south of the existing shipping lane to facilitate the safe passage of vessels departing the region. …
POSTED JUNE 24, 2026 9:41 AM |
Recent Floods Show Michigan Residents are Vulnerable to Flood Insurance Gaps
Tom and Diane Peterman tried to buy flood insurance when they moved to their retirement home on the shores of Black Lake 14 years ago but were told it wasn’t available. John Solum was told he wasn’t in a flood …
POSTED JUNE 24, 2026 8:00 AM |
Aviva to Rebrand Lloyd’s Syndicate Probitas 1492 as ‘Aviva Syndicates’
Aviva, the UK-based insurer, announced it will rebrand Probitas 1492 as “Aviva Syndicates” marking a significant milestone in the integration of its Lloyd’s platform into Aviva’s Global Corporate & Specialty (GCS) business. The rebrand will see the syndicate operate fully …
POSTED JUNE 24, 2026 7:08 AM |
Ship Insurers Set for Major Claims From Iran War, Allianz Says
The insurance industry is set to face significant claims for ships that were damaged during the Iran war, according to Allianz SE. The company said in its annual safety and shipping review that it had already received such claims stemming …
POSTED JUNE 24, 2026 6:41 AM |
Fire Tracking App Used by Millions Expands to Help Monitor Dangerous Floods
When a fire broke out a few miles from his Altadena, California, home the evening of Jan. 7, 2025, Matt Blea and his family needed to make a crucial decision: Should they stay home, or evacuate? A friend who did …
POSTED JUNE 24, 2026 5:20 AM |
EU to Escalate Meta Probe Into Addictive Design That Hooks Kids
The European Union is set to ramp up an investigation into Meta Platforms Inc. that alleges its products are addictive to children, as the bloc increases regulatory pressure on the US social media company. The EU’s executive branch, the European …
POSTED JUNE 24, 2026 5:15 AM |
Trump Orders US to Speed Quantum Adoption, Boost Cyber Defenses
President Donald Trump signed executive orders June 22 aimed at accelerating quantum research, laying the groundwork for federal agencies to adopt the technology and strengthen US defenses against cyberattacks. The orders would boost the US “as the world leader in …
POSTED JUNE 24, 2026 5:14 AM |
How Insurers Know When It’s Time to Scale AI
After several years of experimentation with generative AI and machine learning, many carriers have moved beyond asking whether AI has a role in insurance. Instead, they’re grappling with a different question: How do organizations know when an AI pilot is …
POSTED JUNE 24, 2026 5:11 AM |
Russia’s Wiki Warfare Tries to Distort Reality, Documents Show
Russian influence operators called it Project 2026. The plan wasn’t just to spread fabricated stories on social media platforms. It outlined efforts to create an alternative information ecosystem. Leaked documents from a private Russian agency reviewed by Bloomberg News reveal …
POSTED JUNE 24, 2026 5:10 AM |
UK Tribunal Gives Go Ahead for $4 Billion Lawsuit Against Apple Over iCloud Services
Britain’s competition tribunal has approved a £3 billion ($4 billion) lawsuit against Apple over its iCloud storage service, consumer group Which? said on Tuesday, clearing the way for tens of millions of consumers to join a collective action. The Competition …
POSTED JUNE 24, 2026 5:10 AM |
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