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July 14, 2022

Headlines

 
 
 
With water levels falling ‘lower than thought possible’ at Glen Canyon dam, energy production could halt as soon as July 2023.
 
 
Heat waves are enveloping a large swath of the U.S., with temperatures climbing above 100 degrees from California to Arizona to Texas to Missouri. 
 
 

 

Business
 
 
 
CNBC unveils its 15th annual America’s Top States for Business ranking, scoring all 50 states on 88 measures of competitiveness across 10 broad categories.
 
 
Check out the latest news on everything happening with the stock market.
 
Rates increased again at midyear renewals, albeit at a more moderate pace.
 
 
AM Best has withdrawn its financial strength rating for Capacity Insurance, a commercial insurer in Florida, and the company has decided to withdraw from the FL market.
 
Turbulence in FL, along with retirement, mergers, acquisitions and more people working from home, has made for an insurance environment unlike any other.
 
 

 

Education
 
 
 
These states have already this year experienced three separate disasters that have each caused over a billion dollars in damage, a portion of nine such disasters across the United States this year.
 
 
Events in 2022 have altered business leaders’ perceptions of risk - a recently released report shares top geopolitical risks that businesses are currently facing.
 
Saying the property-insurance market “remains in crisis,” the state asked a federal judge to toss out a challenge to a law that places restrictions on roofers.
 
 
The parents of a teenager wounded during a mass shooting at Oxford High School are suing the shop that sold the handgun used to kill four.
 
An insurance company is not responsible for premises liability damages after a man was shot and killed outside an Atlanta grocer in 2019.
 
 
A shift in “Tornado Alley” to the south and east could bring increased property, crop, auto and other losses to AL, MS, and KY. 
 
Models must advance in step with science -as the risk grows, the industry needs to be able to effectively quantify and manage it.
 
 

 

Environment
 
 
 
A material known as peat is fueling this blaze and making it difficult to extinguish, officials said.
 
 
The fire currently burning inside Yosemite National Park has already consumed over 2,000 acres as crews try to control the flames.
 
With drones now affordable and readily available at big box stores, officials say unauthorized use in emergency zones has become a problem.
 
 
OK had some much-needed rain in early June and May but since June 11, the state has seen the driest 30-day stretch in Oklahoma in the last 100 years.
 
The operator of Texas’s power grid has called on state residents for the second time this year to conserve energy, warning of potential rolling blackouts.
 
 
 
Topics:weather-related riskwildfirefirearms

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