Monday, June 24, 2019 - 10:15 External News

While there are “huge opportunities” on the horizon for the cyber insurance industry, cyber insurance underwriters still face the challenge of not having enough historical data to work with.

“It’s really scary to underwrite something when you just don’t know what the potential losses could be,” said Brian Meredith, managing director at UBS Group AG, during a panel discussion on trends in the property/casualty insurance sector at S&P’s 2019 Global Insurance Conference in New York. “There’s lots of opportunity here, but we need a lot more data to expand it.”

Monday, June 24, 2019 - 06:30 External News

The U.S. Geological Survey a magnitude 5.5 earthquake has hit near the Pacific coast of Northern California.

The agency says the earthquake struck at 8:53 p.m. on Saturday at a spot 17.3 miles southwest of Scotia, a town of 850 people.

Friday, June 21, 2019 - 06:30 External News

California Gov. Gavin Newsom is pressing lawmakers on a wildfire fund that may be financed through bonds to help utilities pay for the catastrophic blazes their power lines keep igniting, according to people familiar with the proposal.

Newsom is proposing a so-called liquidity fund that could be seeded by at least $10 billion in Department of Water Resources bonds, said the people, who asked not to be named because the discussions are private. The administration may also ask utilities to contribute about $7.5 billion in equity, the people said.

Friday, June 21, 2019 - 06:15 External News

An “avian incident” sparked a fire at one of California’s biggest solar farms, affecting 1,200 acres and knocking out 84% of the California Valley Solar Ranch’s generating capacity.

The June 5 incident didn’t damage solar panels at the 250-megawatt power plant, but distribution poles and cables need to be replaced, according a regulatory filing Wednesday from owner Clearway Energy Inc. The company didn’t say exactly how the blaze was ignited.

Thursday, June 20, 2019 - 13:00 External News

Artificial intelligence can help government agencies deliver better results, but there are underlying risks and ethical issues with its implementation that need to be resolved before AI becomes part of the fabric of government.

Based on insights from an expert roundtable led by the IBM Center for The Business of Government and the Partnership for Public Service, agencies will need to address multiple risks and ethical imperatives in order to realize the opportunity that AI technology brings. These include:

Tuesday, June 18, 2019 - 10:30 External News

Cal/OSHA has cited an Anaheim, Calif. solar panel installation company $193,905 for multiple serious workplace safety hazards including one willful serious accident-related violation, following an investigation of a worker who was seriously injured after they fell from the roof of an Oakland home.

Cal/OSHA determined that Nexus Energy Systems Inc. did not provide required fall protection for their workers.

Monday, June 17, 2019 - 13:00 External News

When disaster strikes, we’ve come to rely on our phones. We scroll through Twitter for the latest update on a hurricane or flood, and mark ourselves safe from wildfires or tornadoes on Facebook.

Now Google is adding a disaster-navigation tool to Google Maps. Launching later this summer, a new feature on Google Maps will route users away from areas that are affected by extreme weather events. It will allow you to see confirmed road closures in the affected area, as well as suspected closures (based on crowdsourced user responses). Maps users will also be able to share their live location and other details of the event with friends and family members.

The idea is to integrate real-time (or near-real-time) information into an app that millions of people already use frequently.

Monday, June 17, 2019 - 10:15 External News

The U.S. Geological Survey confirmed a magnitude 3.2 earthquake hit central California.

The agency says the earthquake hit a spot 11.4 miles southwest of Darwin, a town of about 36 people, at 6:48 p.m.

The agency says the earthquake had a depth of 1.2 miles.

Wednesday, June 12, 2019 - 11:15 External News

A second day of unrelenting heat is scorching California, sending temperatures to near record levels, raising risk of wildfires and prompting calls for energy conservation.

Temperatures surged past 100 degrees Fahrenheit in parts of Northern California Tuesday, with heat advisories in effect across the state. Sacramento was forecast to hit 103 degrees.

Tuesday, June 11, 2019 - 13:30 External News

(TNS) — The era of available electricity whenever and wherever needed is officially over in wildfire-plagued California.

Pacific Gas & Electric served stark notice of that “new normal” this past weekend when it pre-emptively shut power to tens of thousands of customers in five Northern California counties. The utility warned that it could happen again, perhaps repeatedly, this summer and fall as it seeks to avoid triggering disastrous wildfires.

The dramatic act has prompted questions and concerns: What criteria did PG&E use? Did the shutdowns prevent any fires? And what can residents do to prepare for what could be days without electricity?

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