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SpaceX’s Starship Explodes on Test Stand in Yet Another Setback

Article 0 Comments A SpaceX Starship rocket exploded on a test stand in Texas, adding to a series of setbacks to Elon Musk’s space ambitions that include trips to Mars. The huge blast enveloped the craft as it stood upright on a test stand, before massive plumes of flames and smoke mushroomed into the night sky, video footage of the incident late Wednesday showed. The incident shook windows and rattled dishes, according to local media reports. The rocket appeared to be undergoing a routine “static fire test” of its engines. A static fire test is a pre-launch procedure in which a rocket’s engines are fired while the rocket remains securely held down on the ground — essentially a rehearsal for the real launch, allowing engineers to test the rocket’s systems without actually sending it into space. Musk said on X that a specialized bottle that holds nitrogen likely failed. “If further investigation confirms that this is what happened, it is the first time ever for this design,” he said. No one was injured and local residents aren’t at risk, the company said, calling the incident “a major anomaly” as the rocket program prepared for its 10th flight test. On Wednesday,...

Brickeye Launches BuildersRiskIQ™ IoT-Enabled Dashboard to De-Risk Construction Projects and Lower Builders Risk Insurance Costs 0

Brickeye Launches BuildersRiskIQ™ IoT-Enabled Dashboard to De-Risk Construction Projects and Lower Builders Risk Insurance Costs

Toronto, ON (June 17, 2024) – Brickeye, a leading provider of Construction IoT (Internet of Things) and job site risk mitigation technology services, is proud to announce the launch of BuildersRiskIQ™, a first-of-its-kind digital dashboard designed to transform how builders mitigate construction risk and secure Builders Risk insurance coverage. BuildersRiskIQ™ empowers insureds, brokers, and underwriters by providing unprecedented visibility into IoT-enabled water damage mitigation—starting at the pre-construction and coverage quoting phase. For the first time in the construction insurance industry, IoT loss control plans can be scoped, verified, and communicated with ease as part of the Builders Risk placement process. Leveraging Brickeye’s proven IoT protection services, the dashboard allows stakeholders to visualize and securely share project-specific IoT water mitigation plans, backed by Brickeye’s Certificate of Protection. This proactive, tech-enabled approach strengthens insurance submissions, giving underwriters increased confidence and enabling insureds to reduce water loss deductibles by up to 50%—significantly lowering total cost of risk. “Industry studies show that IoT protection can reduce water damage exposure on job sites by up to 90%,” said Alex Fuentes, EVP Strategic Growth at Brickeye. “With BuildersRiskIQ™, insureds and brokers can now submit committed, IoT-enabled water mitigation plans from the outset, leading to smarter insurance...

Unseenlabs Announces Launch Of New Satellite To Track The Invisible At Sea 0

Unseenlabs Announces Launch Of New Satellite To Track The Invisible At Sea

As a precise understanding of maritime activity becomes a key factor in risk management, Unseenlabs announces the launch of its new radio frequency (RF) detection satellite, BRO-18 Rennes, France (June 17, 2025) – Unseenlabs, the leader in space-based radio frequency (RF) detection, announces the upcoming launch of its latest satellite, BRO-18. This new asset will expand Unseenlabs’ existing constellation and further strengthen its operational capabilities in tracking illegal and unreported maritime activity. The launch is scheduled for NET June 2025 aboard SpaceX’s Transporter-14 mission from Vandenberg Space Force Base in California, with the support of Exolaunch. A Concrete Response to Global Maritime Challenges BRO-18 will increase the revisit rate of Unseenlabs’ constellation, which is already operational across key strategic maritime zones worldwide. With the ability to precisely detect RF signals—even without cooperative transponders—Unseenlabs provides decision-makers with a unique capability to monitor, identify, and anticipate suspicious behaviors at sea. From maritime security and illegal fishing to environmental risk prevention and insurance risk modeling, Unseenlabs continues to position itself as a trusted partner for both public and private stakeholders. “This new satellite strengthens our commitment to delivering high-quality, independent, and actionable data that supports strategic decision-making in an increasingly complex maritime environment”,...

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11 Ways to Answer ‘What Do You Do?’

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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Top 12 Metro Areas for Finding Self-Employed Clients

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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12 Worst State Economies: 2025

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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Viasat Identified as Victim in Sweeping Phone Hack Tied to China

Article 0 Comments Viasat Inc. is the latest US communications company identified as a victim of the sweeping surveillance hack blamed on the Chinese government that emerged during last year’s presidential campaign, according to people familiar with the matter. The breach of the California-headquartered satellite and wireless networking company was discovered earlier this year and Viasat has been working with the government in the aftermath, some of the people said. Verizon Communications Inc., AT&T Inc. and Lumen Technologies were previously identified as being hit by the attack. The surveillance campaign, run by a group that Microsoft Corp. dubbed “Salt Typhoon,” was one of the broadest and most sophisticated hacks carried out by Chinese state-affiliated attackers, US officials say. It swept up tens of millions of phone records, including those of then-presidential candidate Donald Trump and members of both campaigns. “Viasat and its independent third-party cybersecurity partner investigated a report of unauthorized access through a compromised device,” the company said in a statement. “Upon completing a thorough investigation, no evidence was found to suggest any impact to customers.” It did not address any impact on its networks but in a follow-up statement said additional information on the government’s investigation was too...

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‘Abolishing FEMA’ Memo Outlines Ways for Trump to Scrap Agency

Article 0 Comments Homeland Security Secretary Kristi Noem directed the Federal Emergency Management Agency to prepare a memo on how to abolish itself and create a re-branded, radically smaller disaster response organization, according to a copy of the document reviewed by Bloomberg News. As recently as last week, President Donald Trump and Noem said they wanted to wind down FEMA but offered few details publicly. The March 25 memo offers insight into how the administration has weighed which of its current functions to cut. Technically, only Congress can eliminate the agency. Titled “Abolishing FEMA,” the memo was addressed from then-acting FEMA head Cameron Hamilton to his bosses at the Department of Homeland Security andoutlines a number of functions that “should be drastically reformed, transferred to another agency, or abolished in their entirety,” possibly as soon as late 2025. Potential changes included eliminating long-term housing assistance for disaster survivors, halting enrollments in the National Flood Insurance Program and providing smaller amounts of aid for fewer incidents — moves that by design would dramatically limit the federal government’s role in disaster response. The existence of the seven-page memo has not been previously reported. While Trump and other officials have continued to press...

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Don’t keep waiting for the support you need to grow. Your passion for your clients sets you apart—and drives everything you do. At Cetera, we share that same commitment. Your support team brings energy, focus, and dedication to every interaction, helping you grow and thrive. At Cetera, you’ll enjoy the benefits of: No more waiting on hold—45-second call response times. Same day processing of paperwork in good order—no more chasing signatures. A dedicated support team—one that knows you and your needs. Devotion that drives results. See how we do it. Ready to find out what superior service can do for your practice? Let’s talk. Growth without compromise. We empower you with the tools, teams, and tech to manage and scale your business with ease. For more than 40 years, Cetera has made it easier for independent financial professionals, financial institutions, large enterprises, and tax professionals to create scalable business growth while helping their clients turn dreams into reality. As a premier wealth hub, Cetera’s leading-edge technology, award-winning platforms, and team-driven solutions can empower you to grow your business’ value, enhance client engagement—and increase your satisfaction while doing it. “Cetera Financial Group” refers to the network of independent retail firms encompassing,...

U.S. Insurers to More Than Double AI Investment in the Next 3-5 Years: Wipro Report 0

U.S. Insurers to More Than Double AI Investment in the Next 3-5 Years: Wipro Report

East Brunswick, NJ  (June 12, 2026) – Wipro Limited, a leading AI-powered technology services and consulting company, is pleased to announced the release of its report, The AI Advantage: Building Tomorrow’s Insurance Enterprise. The report, which includes responses from 100 business leaders from U.S. insurance companies with revenues surpassing $500 million, reveals an industry actively embracing Artificial Intelligence’s (AI’s) potential. As insurance firms look to leverage AI to transform their core processes, the report shows that AI is set to become a much bigger part of Information Technology (IT) budgets, with 81 percent of firms planning to increase AI spending within the next year and most firms looking to more than double AI budgets – from 8 percent today to 20 percent – in the next 3-5 years. Almost all (92 percent) of respondents agree that AI is essential for maintaining their competitive edge in customer experience and personalization. However, the findings point to a two-speed market, where larger firms lead AI adoption – with their robust governance frameworks and vast data resources – while many mid-sized and smaller firms face hurdles from legacy systems to limited AI expertise. Underwriting is one of the main areas where insurers are aiming...