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Volcano-triggered tsunami kills 429, thousands homeless Indonesia

Authorities say the tsunami may have been triggered by an abnormal tidal surge due to a new moon and an underwater landslide following the eruption of Anak Krakatoa, which forms a small island in the Sunda Strait between Java and Sumatra.”The combination caused a sudden tsunami that hit the coast,” Nugroho said, but added that Indonesia’s geological agency was working to ascertain exactly how it happened.

Himalayan glaciers retreating at alarming rate: Parliamentary panel

The panel chaired by senior BJP leader Murli Manohar Joshi noted that “reckless and irresponsible” tourism in the Himalayan ecosystem is one of the major reasons for environmental degradation and asserted that with the construction of roads and luxurious amenities for tourists, the number of people visiting has vastly increased which is increasing the pressure on the ecosystem. 

10 global re/insurers refuse cover to Adani Group’s $16.5bn Australian coal mine

A campaign by 73 prominent environmental organizations,which collectively represent 76 million members, penned a letter to 30 global re/insurance companies earlier this month urging them to rule out any providing any services for the controversial coal mine and its associated rail project

Federal judge in Texas strikes down Affordable Care Act

The ruling and expected appeal sets up another cliffhanger in which the fate of the law, which Republicans have unsuccessfully tried to repeal for years, will likely once again ultimately lie with the Supreme Court.Chief Justice John Roberts cast the deciding vote leaving the law intact in 2012, but it’s unclear how the justices will view this challenge, which centers on changes to the individual mandate that were baked into the 2017 tax reform.

InsurTech investment doubles in Q3; parametric cover in focus

Some InsurTech firms have acknowledged these benefits and combined technology and information within parametric or event-based insurance structures to address existing inefficiencies or coverage gaps. They use a combination of third-party and proprietary data, advanced sensors, and the capabilities of the Internet of Things to develop a new paradigm of insurance offerings for the connected world. The Briefing looks in detail at several examples, including companies using parametric structures to cover the risks of earthquakes, travel disruption, flash flooding, and horticulture.

Indian regulator orders J&J to stop using raw material to make Baby Powder in India

“All talc in India is sourced and exclusively sold in India and surrounding markets – including Sri Lanka, Bangladesh, Nepal, Bhutan, Maldives – and fully meets the regulatory standards of the Government of India,” the company said in an emailed statement.J&J also said its talc is routinely tested by both suppliers and independent labs to ensure that it is free of asbestos.