The imminent depletion of water supplies in Corpus Christi threatens to cut off the flow of jet fuel to Texas airports and other oil exports from one of the nation’s largest petroleum ports, triggering potential shockwaves through energy markets in Texas and beyond. Without significant rainfall, Corpus Christi is headed for a “water emergency” within months and will reach a point next year where city supply can no longer meet demand, according to the city’s website. At that critical point, the city would be unable to deliver water to its customers — a potential catastrophe for Corpus Christi and beyond,…
Author: Awais
The review found Louisiana Farm Bureau has come under increasing financial strain in recent years, with surplus falling from $165.6 million at the end of 2020 to $95 million as of June 30, 2025. As a single-state writer concentrated in Louisiana, the company has been pressured by a lack of geographic diversification, current and projected underwriting losses, rising reinsurance costs and the loss of policies, the review said.
To address this, Moody’s has released its RMS US Severe Convective Storm HD Models, launched in late 2025. The models use high‑resolution, physics‑based simulations and a large claims‑calibrated vulnerability dataset capturing more than $55 billion in industry claims. For insurers, the intent is to better capture multi‑state outbreak scenarios, refine peril‑specific appetites and structure reinsurance beyond traditional single‑state or single‑event views of risk.
The busiest U.S. container seaport in Los Angeles is mostly insulated from supply chain upheaval sparked by U.S.-Israel attacks on Iran that have spiraled into a regional conflict, its executive director Gene Seroka said on Thursday. The Iran war has snarled container shipping in the Middle East, sending up costs, stranding ships and cargoes, threatening fuel shortages and endangering vessels and the lives of seafarers. “We, right now, don’t see any of that congestion happening” on the lucrative transpacific ocean trade that is the lifeblood of the Port of Los Angeles, Seroka said. China and Asia are vital trading partners…
Blizzards, wildfires and thunderstorms swirling toward the eastern US have knocked out power to thousands and grounded hundreds of flights across the Midwest. Heavy snow touched off blizzard warnings from South Dakota to Michigan’s Upper Peninsula on Sunday, the National Weather Service said. Meanwhile, high winds are shaking power lines and tree branches from Texas to upstate New York, while raising the wildfire risk across the Great Plains. Nebraska Governor Jim Pillen has declared an emergency and mobilized the state’s National Guard to help. Wildfires have prompted evacuations and scorched more than 500,000 acres (202,340 hectares). The risk of severe…
The Environmental Protection Agency proposed Friday to weaken air pollution limits on a chemical used to sterilize medical equipment, a move that would reverse a Biden administration finding of high cancer risks at manufacturing facilities that use ethylene oxide to clean medical devices like catheters and syringes. The EPA said it is concerned that the current Biden-era standards “actively threaten” manufacturers’ abilities to sterilize equipment and “jeopardize one of America’s only options for a secure domestic supply chain of essential medical equipment.” Ethylene oxide plays a crucial role in sterilizing lifesaving medical devices, including pacemakers and syringes, but long-term exposure…
A federal judge on Friday ordered the Trump administration to continue funding the U.S. Consumer Financial Protection Bureau indefinitely, saying top officials had unlawfully relied on deficient legal advice to justify their refusal to do so. The ruling from U.S. District Judge Edward Davila of the Northern District of California marked another rebuke from the courts for President Donald Trump’s handling of CFPB funding, which he has said should be eliminated. A judge in Washington reached similar conclusions in December. Representatives for the CFPB did not immediately respond to requests for comment. The consumer watchdog’s work included addressing financial practices…
The pattern follows warnings raised in Gallagher’s 2025 report, which surveyed more than 2,000 leaders across 55 countries. That year, low capacity, change fatigue, and poor people manager communication ranked as the top three barriers to HR and communications success, with change fatigue appearing in the top five for the first time.
New precedent gave the agency the evidentiary and procedural footing it lacked in 2022
The insurer set up a mobile claims center in Three Rivers, where the National Weather Service confirmed an EF-2 tornado with maximum wind speeds of 130 mph. The twister was on the ground for roughly 18 minutes, traveling nearly 11 miles through the heart of the city and damaging homes, businesses, and a hospital, WWMT reported.
Even as Trump’s policy changes gradually reduce some of those benefits, Perron said renewable growth in the US remains strong. “The One Big, Beautiful Bill curtails some of the benefits of building renewable energy, but it does so over a period of time,” he explained. “(Investment) will taper off but continue to grow because we need a significant amount of power.”
Glenn Maykish (pictured), global head of multinational solutions at IMG, said their firm’s travel assistance operations have remained stable despite the evolving conflict between the United States and Iran. However, the nature of requests from travelers is beginning to shift as security concerns mount across the region.
“Thrivent has more than 2.5 times the industry retention rate because we provide financial advisers with unrivaled support, the right capabilities and a collaborative environment,” Cecere said in a statement. “Thrivent has created a place where advisers can grow their businesses and build purposeful, long-lasting careers, regardless of where they are in their professional journey.”
“Marv was a great man and a staunch supporter of NAIFA, the profession, and the entire life insurance industry,” NAIFA CEO Kevin Mayeux said in a statement. “He dedicated much of his life to helping people understand the importance of life insurance and other protection products, and he played an important role in shaping the development of Life Happens along the way. I was privileged to know Marv personally and to be friends with his daughters, Terri and Barbi, since our college days. His leadership, generosity, and commitment to this profession will continue to inspire generations of financial professionals.”