Brushfires Rage in Australia
Massive brushfires that have been burning since September continued to spread throughout Australia in the new year. The fires have been exacerbated by record-breaking heat and drought conditions in the country that many experts believe are due to the ongoing effects of climate change. As of January 8, the fires had killed at least 25 people, destroyed 2,500 buildings and burned more than 26 million acres—an area roughly the size of Iceland. Economic costs have been estimated to exceed AUS$2 billion ($1.4 billion), while the Insurance Council of Australia has received some 9,000 insurance claims totaling AUS$700 million ($480 million). Both figures were expected to increase as the fires continued to spread. University of Sydney scientists also estimated that more than one billion animals have been killed in the fires, including 800 million in New South Wales alone, where some 12 million acres have burned. Strong enough to create fire-generated thunderstorms and tornadoes, the intensity and scope of the fires prompted the Australian government in January to take the unprecedented step of deploying the military to help with evacuation and firefighting efforts.
U-Haul Implements Nicotine-User Hiring Ban

More Than 60 Killed in Jakarta Floods
Torrential New Year’s Day rains in the Indonesian capital of Jakarta led to flooding and landslides that killed at least 66 people, displaced tens of thousands, and damaged more than 2,000 homes. It was the deadliest flooding in the region since a 2007 deluge killed 80 people over a 10-day period. As the floodwaters subsided, government authorities and health care workers sprayed the capital with disinfectant in an effort to prevent the spread of dengue, leptospirosis and other waterborne diseases. Home to 30 million people, the Jakarta metro area is especially prone to flooding because it was built on swampland and is now sinking. Coupled with rising sea levels and overcrowded conditions, this has prompted the Indonesian government to make plans to move its capital to the island of Borneo over the next decade.
Terrorism Risk Insurance Act Reauthorized
As part of a broader spending bill, President Trump reauthorized the Terrorism Risk Insurance Act (TRIA) on December 20. The federal terrorism insurance backstop law was set to expire at the end of 2019, but the new reauthorization extends it until the end of 2027. The legislation remains largely unchanged from its previous version, with some minor exceptions. These include requirements for ongoing reports about terrorism risk insurance market conditions and a study and report on cyber terrorism vulnerabilities, costs and insurance coverage options. “TRIA’s reauthorization is a major win for businesses with operations in the United States and the overall economy,” said RIMS External Affairs Committee Chair John Burkholder. “TRIA will allow our businesses to recover from an act of terrorism faster, to get people back to work and demonstrate the true resiliency of our economy.”
German Museum Robbed in €1 Billion Jewel Heist

FDA Bans Flavored E-Cigarettes
