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US Faces Winter Blackout Risks From Data Centers’ Power Needs
Rising electricity demand from data centers is raising the risk of blackouts across a wide swath of the US during extreme conditions this winter, according to the regulatory body overseeing grid stability. Power consumption has grown 20 gigawatts from the …
POSTED NOVEMBER 19, 2025 1:18 PM |
Russia Attacks on EU Are State-Sponsored Terrorism, Top Diplomat Says
The European Union’s top diplomat said that Moscow’s aggression against the bloc, including an explosion that occurred in Poland over the weekend, should be considered terrorism. “These sabotage acts they are organizing on our territories in different countries are extremely, …
POSTED NOVEMBER 19, 2025 1:14 PM |
Oil Tanker Seized by Iran Is Released With Cargo Missing
An oil tanker that was seized by Iranian forces last week has been freed but without its cargo, the vessel’s manager said. The crew of the Talara, which was captured on Friday, are safe and in good spirits, Columbia Shipmanagement …
POSTED NOVEMBER 19, 2025 12:37 PM |
OAK Enterprise Gets Approval From Lloyd’s to Underwrite Retro via Syndicate 1440
OAK Global, the Lloyd’s reinsurance business, announced it has received permission from Lloyd’s to underwrite via Syndicate 1440. The new syndicate will operate as the strategic business unit OAK Enterprise, providing property and specialty retrocession capacity to clients for business …
POSTED NOVEMBER 19, 2025 11:32 AM |
Europe’s Banks Face ‘Unprecedentedly High’ Risk of Shocks, ECB Warns
Euro zone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems, the European Central Bank said on Tuesday as it outlined its supervisory priorities for the next three years. The ECB has long argued …
POSTED NOVEMBER 19, 2025 9:19 AM |
Amazon, Google Named by EU Among ‘Critical’ Tech Providers for Finance Industry
European Union regulators on Tuesday designated 19 technology companies, including Amazon Web Services, Google Cloud, and Microsoft, as critical third-party computing providers for the bloc’s finance industry. Under the EU’s Digital Operational Resilience Act (DORA), which started being applied in …
POSTED NOVEMBER 19, 2025 8:56 AM |
Former Owner of Arkansas Apartment Complex Sued for Sexual Misconduct
The Justice Department announced that it has filed a lawsuit against Thomas Ray Kelso, the former owner and manager of rental properties formerly known as Briarwood Apartments in Searcy, Arkansas, for engaging in sexual harassment and retaliation in violation of …
POSTED NOVEMBER 19, 2025 8:30 AM |
Tulsa to Allow Fire Department to Bill Insurers for Car Accident Responses
The Tulsa City Council last week approved an ordinance allowing the city’s fire department to charge insurance companies for responses to some motor vehicle accidents. The cost recovery program will charge the at-fault driver’s insurance carrier, and the fee amount …
POSTED NOVEMBER 19, 2025 8:00 AM |
People Moves: Chubb Appoints Hazelton COO of North America Field Operations; Haase Joins Everest as CEO of Legacy Operations
Chubb Appoints Hazelton COO of North America Field Operations Chubb, headquartered in New York City, named Bill Hazelton as chief operating officer (COO) for North America Field Operations, effective Dec. 1. Hazelton will oversee the delivery of Chubb’s full portfolio …
POSTED NOVEMBER 19, 2025 6:28 AM |
Senator Opposes FCC Plan to Reverse Cyber Rules Adopted After Salt Typhoon Attack
The top Democrat on the Senate Commerce Committee on Tuesday called on the Federal Communications Commission to abandon plans to rescind cybersecurity requirements adopted after the massive Salt Typhoon Chinese hacking incident that infiltrated U.S. telecom companies last year. Senator …
POSTED NOVEMBER 19, 2025 6:11 AM |
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