International News

Recovery Continues a Year After Taiwan Water Park Explosion

A year ago and far away from his hometown in New Hampshire, Alex Haas was fighting for his life after suffering burns to over 90 percent of his body at a water park party in Taiwan. A flammable, colored powder …

China, US, EU Pledge Tighter Product Safety Controls in E-Commerce

U.S., European and Chinese regulators said Wednesday they will jointly enforce product safety in online commerce, and an American official said they are making progress on crafting standards for hoverboards. The statement by American, European Union and Chinese officials reflects …

Rebuilding Aids Canada Town Scorched by Wildfires

After shuttering his lumber mill for nearly a month when it was surrounded by raging fires in northern Alberta, Northland Forest Products Ltd. President Howard Ewashko sees a silver lining: a pickup in business from rebuilding what was lost. “It …

Earth Breaks Heat Record, Though Slowdown Seen

Earth sizzled to its 13th straight month of record heat in May, but it wasn’t quite as much of an over-the-top scorcher as previous months, federal scientists say. Record May heat, from Alaska to India and especially in the oceans, …

May Global Disasters Result in $5B in Claims

Global disasters lead to at least $7 billion in claims as insurers aid the recovery process following May wildfires, floods and storms, according to the latest Impact Forecasting report. Aon Benfield’s catastrophe model development team released the latest edition of …

Hackers Selling Access to 70,000 Company Computer Systems

Cybersecurity firm Kaspersky Lab says it has uncovered an online marketplace where criminals from all over the world sell access to more than 70,000 hacked corporate and government servers for as little as $6 each. Kaspersky discovered the forum after …

Man Made Climate Change Likely Contributed to French Floods

An international team of scientists has found that man-made climate change nearly doubled the likelihood of last month’s devastating French flooding. In a quick but not peer-reviewed analysis , the World Weather Attribution team of climate scientists used past rainfall …

May’s Global Disasters Generate $7 Billion in Claims: Aon

Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires, floods, and storms, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. An historic wildfire caused catastrophic damage in …

France Creates Emergency Fund for Flood Victims

France is setting up an emergency fund to help those who lost everything after the worst floods in three decades caused the Seine River to burst its banks. Prime Minister Manuel Valls said Monday after a government meeting that the …

Zika Risk May Lead to Limited Insurance Coverage for Sporting Events

Continued Zika virus warnings may dampen summer sporting events, such as the Summer Olympics which is set to be hosted by Rio de Janeiro in August, as insurers weigh the risk of insuring such events in the midst of another …

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