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US:Record drought sparks worries about fires, water supply and food prices

US:Record drought sparks worries about fires, water supply and food prices

by AIP Online Bureau | Apr 22, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

“Right now 61% of the country is in drought and that’s steadily been going up for the calendar year.We just haven’t seen too many springs where this amount of the country has been in this kind of shape.” said Brian Fuchs, a climatologist with the National...
Some tankers cross Strait of Hormuz before shots fired, ship-tracking data shows

Some tankers cross Strait of Hormuz before shots fired, ship-tracking data shows

by AIP Online Bureau | Apr 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

U.S. President Donald Trump said on Friday Iran had agreed ⁠to open the strait, while Iranian officials said they wanted the U.S. to fully lift its ​blockade of Iranian tankers.Western shipping companies cautiously welcomed the announcements but said more clarity was...
US renews sanctions waiver for purchase of Russian oil

US renews sanctions waiver for purchase of Russian oil

by AIP Online Bureau | Apr 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Earlier, the US had granted an exemption from sanctions to India for buying Russian oil for a month beginning March 5. A few days later, a similar waiver was extended to several other countries, which ended on April 11. Washington:The United States has extended by a...
U.S. cyber insurance market bounces back,raises underwriting risk:Fitch

U.S. cyber insurance market bounces back,raises underwriting risk:Fitch

by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, Non-Life, Regulation, Risk Management, Technology

While the market remains profitable, deteriorating incurred direct losses and the growing influence of artificial intelligence signal increasing underwriting complexity for property/casualty insurers, says Fitch Ratings. U.S. cyber insurance direct written premiums...
US rules out renewal of exemption from sanctions on Russian Iranian oil

US rules out renewal of exemption from sanctions on Russian Iranian oil

by AIP Online Bureau | Apr 16, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

On March 5, the US issued a 30-day sanctions waiver to India, permitting it to buy Russian oil despite sanctions imposed over the Ukraine war. “We will not be renewing the general license on Russian oil, and we will not be renewing the general license on Iranian oil....
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