Archive for April 2025
Early CSU Hurricane Season Forecast Calls for ‘Above-Average’ Activity
The team of hurricane researchers at Colorado State University has predicted an above-average Atlantic hurricane season for 2025. CSU’s initial forecast of the hurricane season issued April 3 calls for 17 named storms and nine hurricanes – with four major … Source: Claims Journal
Read MoreDeadly Storms Bring Flooding and Destruction to Central US
Deadly storms and flooding rains left a path of destruction across 14 states in the U.S. South and Midwest, knocking out power to more than 400,000 customers. Record rain fell in Memphis and eastern Missouri overnight and more is expected … Source: Claims Journal
Read MoreTrump’s Tariffs Send Deliberate Shock to Heart of Global Economy
As U.S. President Donald Trump laid out a wave of new tariffs that will take average levies to their highest in more than a century, he drew cheers and laughs from aides and supporters in the White House Rose Garden. … Source: Claims Journal
Read MoreBoeing CEO Defends Safety Efforts, Says He Is Not Pressuring Workers
Boeing CEO Kelly Ortberg said on Wednesday that the planemaker is focused on improving safety and not pressuring workers to speed up production after a 2024 mid-air 737 MAX 9 emergency. “I’m not pressuring the team to go fast. I’m … Source: Claims Journal
Read MoreOn The Heels of A Dry Winter, Firefighters Brace for Wildfire Risks
From the southwestern U.S. to Minnesota, Iowa and even parts of New Jersey, it seemed that winter never materialized. Many communities marked their driest winters on record, snowpack was nearly nonexistent in some spots, and vegetation remains tinder dry — … Source: Claims Journal
Read MoreAI Beats Traditional Weather Models in Forecasting Wildfires
Artificial intelligence is improving the accuracy of fire forecasts made by Europe’s top intergovernmental weather center. Traditional fire forecasts are largely based on weather models that predict temperature, humidity, wind speed and precipitation. By contrast, the Probability of Fire model … Source: Claims Journal
Read MoreNorth Korean IT Warriors Push to Infiltrate European Firms
North Korean IT workers are increasingly posing as remote freelancers from other countries to infiltrate companies in Europe, putting organizations at risk of espionage, data theft and disruption. The workers, who refer to themselves as “warriors,” secure roles at companies … Source: Claims Journal
Read MoreBill to Beef up Claims Paying Capacity for California FAIR Plan Moving Through Legislature
A bill that aims to enable the California FAIR Plan to seek additional claims paying capacity is making its way through state Legislature. Assembly Bill 226, the FAIR Plan Stabilization Act, passed out of the Assembly 72-0. Related: California OKs … Source: Claims Journal
Read MoreTrump’s Trade War Forces Canada into Decision on Whether to Hit US Autos
Vehicle buyers in Canada are trying to beat the price hikes of a trade war, as the government of Prime Minister Mark Carney prepares to strike back against the latest fusillade of import taxes from the White House. U.S. President … Source: Claims Journal
Read MoreDeutsche Bank’s DWS Pays $27M in German Greenwashing Case
Deutsche Bank AG’s investment arm DWS agreed to pay €25 million ($27 million) to end a long-running German investigation into alleged greenwashing, in a similar settlement to the one it struck with U.S. regulators in 2023. DWS gave a false … Source: Claims Journal
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