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Typhoon Season in Northwest Pacific Seen Most Active in a Decade
Typhoon activity in the Northwest Pacific Ocean is expected to be the highest this year since 2015, according to commercial forecaster Tropical Storm Risk. The projection for 2026 is 25% above the historical average, driven by an emerging El Niño …
POSTED MAY 13, 2026 7:29 AM |
Supply-Chain Stress That Peaked in COVID Heads Higher Again
The impact of the energy crisis on the global economy in recent months is showing up in gauges of supply-chain stress that flashed red during the pandemic, adding to reasons for central banks to be on guard for a recurrence …
POSTED MAY 13, 2026 5:44 AM |
WBN Survey: Global Business Leaders Shift Risk Strategy With Insurance
Global organization are moving from risk mitigation to a risk-led strategy as business leaders shift their approach to risk, influenced by geopolitical instability, economic uncertainty, and technological disruption. According to Worldwide Broker Network’s (WBN) “New Risk Reality Report,” resilience has …
POSTED MAY 13, 2026 5:28 AM |
Inszone Acquires Arkansas’ Smith & Company Insurance
Inszone Insurance Services announced the acquisition of Smith & Company Insurance, Inc. This strategic acquisition brings an agency with roots dating back to 1904 into the Inszone organization, continuing to strengthen its footprint across the state of Arkansas. With its …
POSTED MAY 13, 2026 5:12 AM |
PayPal to Waive $30M in Fees to Settle DOJ Probe of Minority Business Program
The U.S. Department of Justice said on Tuesday it had reached a settlement with PayPal to resolve an investigation into a 2020 investment program that the department described as giving “unlawful” preferences to Black and minority-owned businesses. Under the settlement, …
POSTED MAY 13, 2026 5:09 AM |
Viewpoint: Why a Quieter Hurricane Season Doesn’t Mean Lower Risk
The 2026 Atlantic hurricane season is projected to be quieter than many of the hyperactive years that preceded it. Six of the past seven seasons produced above-average Atlantic activity, including the record-setting 2020 season, which had 30 named storms. But …
POSTED MAY 13, 2026 5:01 AM |
Trucordia Acquires Assets of Richardson Insurance in Idaho
Trucordia has acquired the assets of Richardson Insurance in Idaho. Richardson Insurance is a personal and commercial lines firm based founded in 1988 by Randy Richardson. Lindon, Utah-based Trucordia is the group name for a group of companies that offers …
POSTED MAY 13, 2026 5:00 AM |
Oregon OSHA Tells Businesses to Be Aware of Scams Going Around
The Oregon Occupational Safety and Health Division is warning employers about scams to steal money. Oregon OSHA said it has learned of several recent cases of fraudulent activity involving two types of scams. One scam involves people calling employers with …
POSTED MAY 13, 2026 5:00 AM |
Uber and FedEx Get Green Light for Racketeering Suit Against Lawyers, Doctors
A federal judge in Pennsylvania has given the green light to a racketeering lawsuit by Uber Technologies, Inc. and Federal Express Corp. alleging that a Philadelphia law firm and a group of medical providers conspired to create false medical records …
POSTED MAY 13, 2026 5:00 AM |
Canvas’ Parent Company Reaches Agreement With Hacking Group Behind Breach
The hacking group that targeted the Canvas educational tool and the parent company that owns the software struck a deal to secure stolen student and school data, the company said in a statement late Monday. In a statement posted to …
POSTED MAY 13, 2026 4:13 AM |
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