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June 9, 2022

 

Headlines
 
 
 
Smoke Alarm
The megadrought currently choking the western United States is the worst drought in the region in more than 1,000 years. It’s having an enormous impact acros...
 
 
Few major users are publicly modeling for what would happen if they received little to no Colorado River water, especially over time. Bad idea.
 
 

 

Business
 
 
 
A bipartisan pair of U.S. senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading Commission.
 
 
Concerns over inflation and reduced property catastrophe capacity made June 1 reinsurance renewals difficult and protracted.
 
U.S. property/casualty insurers represent a source of stability amid the recent tumult of socioeconomic disruption.
 
 
The 2022 Atlantic hurricane season gets underway this month. As the industry works to resolve backlogged claims, a new wave may once again put pressure on markets.
 
As many as five Florida property insurers are unlikely to be able to secure adequate reinsurance by today’s deadline, but the state’s largest carrier is not one of them.
 
 

 

Education
 
 
 
Workers’ compensation claims can result directly from worksite conditions, whether in construction, manufacturing, distribution, office or other
 
 
The U.S. Supreme Court decided Monday that it will not hear an appeal of a decision that denied coverage for losses caused by COVID-19 shutdown orders.
 
Over 900 million units were recalled during the first quarter in the United States in the auto, consumer products, food/drink, pharma, and medical device industries.
 
 
The Vale Interagency Hotshot suffered skull fractures and other injuries during a water drop at the Calf Canyon/Hermits Peak wildfire.
 
The Calf Canyon/Hermits Peak Fire, part of which started as a prescribed burn, has burned over 700 structures and led to evacuations.
 
 

 

Environment
 
 
 
Tropical cyclone activity is not expected over the next 48 hours, according to the National Hurricane Center. That prediction can change rapidly.
 
 
Emergency management says the mudslide happened in a burn scar area as it came down through Lightning Creek. Two houses were damaged in the mudslide.
 
 
With a drought emergency in Kansas, the Wheat State’s main agricultural commodity is in short supply amid high prices.
 
The West’s largest stores of water are depleting, and the consequences of shrinking lakes are growing.
 
 
State firefighters have responded to nearly 2,300 wildfires so far in 2022, burning nearly 11,000 acres.
 
A day after hurricane season began on June 1, the hurricane research team at Colorado State University upped its forecast.
 
 
 
Topics:droughtmore drought

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