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Clear Group Acquires UK Commercial Broker, C.R. Toogood & Co.

by lpiccitto | Jun 19, 2025 | Uncategorized

The Clear Group, he London-based insurance intermediary, announced the acquisition of C.R. Toogood & Co. Ltd., a commercial insurance broker based in East Horsley, Surrey, UK. Financial details of the deal were not disclosed. Clear said this strategic move...

Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses

by lpiccitto | Jun 19, 2025 | Uncategorized

The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial increases in tornado activity to “Tornado Alley,” but claim volume decreased to a five-year low, according to a quarterly property...

Planetary Waves Linked to Wild Summer Weather Have Tripled Since 1950: Study

by lpiccitto | Jun 19, 2025 | Uncategorized

Climate change has tripled the frequency of atmospheric wave events linked to extreme summer weather in the last 75 years and that may explain why long-range computer forecasts keep underestimating the surge in killer heat waves, droughts and floods, a …

Spain Reveals Details of Chain Reaction That Caused Outage

by lpiccitto | Jun 19, 2025 | Uncategorized

Spain’s most-detailed account yet of the missteps leading to April’s nationwide blackout failed to fully explain why the power grid was so unstable in the first place. Over 182 pages, including redactions that blot out the names of companies and …

South Padre, Texas Officials Worried About Potential FEMA Cuts

by lpiccitto | Jun 19, 2025 | Uncategorized

In the wake of the Trump administration’s announced plans to cut back on federal disaster spending, South Padre Island officials are concerned their beaches will be left vulnerable should a storm hit this hurricane season. City staff alerted City Council …

Illinois Manufacturer to Pay $520K Settlement Over Clean Air Act Violations

by lpiccitto | Jun 19, 2025 | Uncategorized

The U.S. Environmental Protection Agency announced a settlement with manufacturer Eakas Corp. for alleged Clean Air Act emissions violations at the company’s facility in Peru, Illinois. The company will pay $520,200 in penalties. Eakas produces various plastic and...
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