August 18, 2026

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Hawaii Faces Months of Power Outages After Lala Damages Grid

More than 80,000 homes and businesses remained without power in Hawaii late Monday after Storm Lala caused extensive damage to the state’s electrical grid, with some customers potentially facing months without service. Assessments have found “major damage to infrastructure in …

Moody’s Says Heat, Water Scarcity Driving Stranded-Asset Risks

Extreme heat and unreliable water supplies are threatening asset valuations across a growing number of sectors as everything from labor productivity to energy costs gets impacted, according to an analysis by Moody’s. “Heat and water are no longer separate perils …

NJ School Board Not Liable for Boy’s Shooting at Football Game With No Metal Detector

A New Jersey public school district has been found not liable for the fatal shooting of a 10-year old boy at a high school football game where security did not include a metal detector to screen attendees. The boy’s mother …

Mortgage Servicer Paying $15.5 Million Settlement Over ‘Force Placed’ Insurance Costs

One of the nation’s largest mortgage servicers is paying millions of dollars to settle charges it imposed insurance costs on borrowers who already had homeowners insurance policies. Forty-eight state financial agencies reached a $15.5 million settlement with NewRez LLC for …

Massachusetts High Court Says Mag Mutual Must Defend Doctor Accused of Stalking

A Massachusetts plastic surgeon was suspended by the state Board of Medicine in 2020 for allegedly stalking and harassing a former patient—a patient who happened to be a former girlfriend. A complaint filed with the Board by the woman’s husband …

Kids Keep Getting Hurt and Killed on E-bikes. Should Parents Be Held Responsible?

As traumatic injuries and deaths surge among children involved in crashes on e-bikes and other electrified vehicles, one California prosecutor is cracking down by pursuing criminal charges against some of the young riders’ parents. It is just one way officials …

Sedgwick Names Grotte Chief Commercial Officer in Sweden

Sedgwick appointed Anders Grotte as chief commercial officer in Sweden. The appointment, effective 1 September, has him leading commercial strategy and business development and strengthening client relationships. Grotte has experience in Nordic insurance and claims management. He was previously with …