(239) 334-7727

info@benfew.com

Archive: June 2026

Activist Toms Capital Ramps Up Campaign at Voya Financial
Insurance Journal | June 1, 2026
Activist Toms Capital Ramps Up Campaign at Voya Financial
Insurance company Voya Financial Inc. is facing increased pressure from activist investor Toms Capital Investment Management to take M&A action and make changes. Toms Capital said in a letter to Voya’s board Monday that Voya should explore options, including a …
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says
Insurance Journal | June 1, 2026
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says
Cost savings from automation are broadly falling short of projections, according to a new Bain & Co. global survey of large companies. The missed targets “should be making executives uncomfortable,” especially since many of them are approving increased spending for …
California Overhauls Carbon Market Over Affordability Concerns
Insurance Journal | June 1, 2026
California Overhauls Carbon Market Over Affordability Concerns
California has become the latest Democratic-led state to retreat on climate goals amid affordability concerns as regulators Friday revamped its carbon market to ease costs to the oil industry. The California Air Resources Board (CARB) voted to give up as …
Wildfire Season Returns to Canada’s Oil Sands
Insurance Journal | June 1, 2026
Wildfire Season Returns to Canada’s Oil Sands
Wildfire season has returned to Canada’s oil sands region, with seven active blazes in the area on Sunday raising risks for communities, workers, companies and investors. Canada is the world’s fourth-largest oil producer, and the bulk of its production is …
Europe Faces Biggest Food Price Shock in G7 From Hotter World
Insurance Journal | June 1, 2026
Europe Faces Biggest Food Price Shock in G7 From Hotter World
A global food crunch due to extreme weather would boost prices more in the euro area than in Group of Seven economies, according to Oxford Economics. A “severe” shock to food prices from climate events could raise food prices in …
Israel Expands Lebanon Assault With Iran-US Talks in Balance
Insurance Journal | June 1, 2026
Israel Expands Lebanon Assault With Iran-US Talks in Balance
Israel expanded its ground assault in Lebanon with its broadest incursion into the country in a quarter-century as Hezbollah — Iran’s most powerful regional ally — stepped up attacks on Israel’s north. According to the Israeli military, Hezbollah fired more …
SEC Moves to Scrap Biden-Era Rule on Climate Risk Disclosures
Insurance Journal | June 1, 2026
SEC Moves to Scrap Biden-Era Rule on Climate Risk Disclosures
The US Securities and Exchange Commission wants to formally kill rules it’s now calling a “dramatic overreach” of its own authority that would have required public companies to report greenhouse gas emissions and climate-related risks to their operations. The 2024 …
Roof Costs Soar Even as Claims Decline: Verisk
Insurance Journal | June 1, 2026
Roof Costs Soar Even as Claims Decline: Verisk
Hail volatility and aging roofs are driving higher residential replacement severity, a new study by data analytics and technology provider Verisk finds. Roof losses didn’t slow despite a 20 percent decline in overall claims volume in 2025. Data showed that …
Verizon DBIR Says Software Vulnerabilities Aren’t Being Patched Quick Enough
Insurance Journal | June 1, 2026
Verizon DBIR Says Software Vulnerabilities Aren’t Being Patched Quick Enough
Hackers are still trying to trick people to exploit an organization’s systems, but more breaches now with software vulnerabilities Stolen passwords, or credential abuse, are no longer the top way hackers breach systems, according to Verizon’s latest annual Data Breach …
Entrepreneur’s Suit Says My Safe Florida Home Hurricane Shutters Are Fire Hazards
Insurance Journal | June 1, 2026
Entrepreneur’s Suit Says My Safe Florida Home Hurricane Shutters Are Fire Hazards
As the 2026 hurricane season blows in today and a state-funded wind-mitigation program remains as popular as ever, a Florida entrepreneur named John Smith wants a word. The My Safe Florida Home program, providing matching grants for window and door …