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Edison Drops on Willful Misconduct Allegations in Eaton Fire Case
Edison International shares fell over 3% on Tuesday after short seller Muddy Waters said it had uncovered new information suggesting the utility acted with “conscious” or “willful” disregard in the Eaton Fire. Related: Southern California Edison Chief Warns Wildfire Impasse …
POSTED OCTOBER 13, 2026 7:11 PM |
FAA Tells US Airlines to Exercise Caution in Saudi Arabia Flights, Citing Safety Risks
The Federal Aviation Administration told US airlines to exercise caution when flying to or over Saudi Arabia, citing safety threats tied to ongoing military activities and navigation system interference. The FAA Notice to Airmen, which lasts until December 10, follows …
POSTED OCTOBER 13, 2026 4:17 PM |
Etude Launches E&S Carrier with $100M Surplus
Etude launched Etude Specialty Insurance Company, a technology-driven excess and surplus lines carrier for commercial property and casualty. Etude Specialty is domiciled in Nebraska, has more than $100 million of surplus, and will write in all 50 states. Etude also …
POSTED OCTOBER 13, 2026 3:56 PM |
Iran Escalates Attacks on Ships, Threatening Oil Export Recovery
Iranian attacks on ships crossing the Strait of Hormuz have surged, potentially threatening the recent recovery in Persian Gulf oil exports. People working in the shipping industry said there were signs that the flow of cargoes through the waterway may …
POSTED OCTOBER 13, 2026 3:53 PM |
RT FLEX Expands Across Property, Casualty, Construction, and Executive and Professional Liability Lines
Chicago-based RT Specialty and Ryan Alternative Risk, the wholesale brokerage and alternative risk divisions of Ryan Specialty, have expanded RT FLEX, a proprietary follow-line facility that gives RT Specialty brokers access to additional capacity across a broad range of specialty …
POSTED OCTOBER 13, 2026 3:52 PM |
SpaceX Plan to Launch 456 Starships a Year in Texas Under Review
SpaceX is proposing to increase the number of Starship launches and landings it conducts out of its Starbase facility in South Texas to hundreds of flights each year, a plan currently being reviewed by the US government. The US Federal …
POSTED OCTOBER 13, 2026 3:48 PM |
Harbor Emerges From Stealth with $10M Funding to Handle AI-Agent Risk
New company Harbor said it has emerged from stealth to help with the risks of deploying AI agents. San Francisco-based Harbor starts with $10 million in seed funding from Base10 Partners, Abstract and 8VC. Harbor said it helps companies measure …
POSTED OCTOBER 13, 2026 3:43 PM |
Las Vegas Business Owner Pleads Guilty in Staged Armed Robbery Fraud Scheme
A Las Vegas business owner pleaded guilty to arranging a fake armed robbery of his cellphone repair store to collect an insurance payout. Erwin Lanada, owner of CPR Cellphone Repair, pleaded guilty to one count of mail fraud. According to …
POSTED OCTOBER 13, 2026 3:26 PM |
Tesla Faces Probe Over Claim of Robotaxis Speeding in School Zones
Tesla Inc. is facing scrutiny from US auto-safety regulators over whether its driverless taxis exceed posted speed limits near schools, a new hurdle for the automaker’s slow-growing robotaxi service. The National Highway Traffic Safety Administration said it’s evaluating the claim …
POSTED OCTOBER 13, 2026 3:00 PM |
Rider Dies, Others Hurt on Six Flags Roller Coaster in Georgia
A rider has died and several others injured after an accident involving a roller coaster at the Six Flags Over Georgia park, the Associated Press reported, citing the police in Cobb County. Videos posted online show passengers being evacuated from …
POSTED OCTOBER 13, 2026 2:34 PM |
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