1 month ago
Marine heat waves are supercharging damage caused by hurricanes and tropical cyclones across the globe, a new study found. Researchers looked at 1,600 tropical cyclones — the broader category of storms that includes hurricanes — that made landfall since 1981 …
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1 month ago
The more than $1 billion that a special master has recommended that jailed insurance mogul Greg Lindberg pay in restitution may seem like a huge amount of money. But it falls well short of covering the wreckage left behind by …
William Rabb
1 month ago
RAINELLE, W.Va. (AP) — Every month, Rebecca Michalski takes a deep breath before opening her electric bill. She lives on a fixed income, and heating her small house this winter has been staggering: Her February charge was $940.08 — more …
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1 month ago
Alternative investment managers are pouring unprecedented sums of money into the market for property cover, and reshaping a 180-year-old reinsurance model in the process. Allocations to catastrophe bonds and other insurance-linked securities popular among hedge funds and institutional investors rose …
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1 month ago
Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova rom terminating agreements and abandoning work on a $4.5 billion offshore wind farm in Massachusetts on the eve of completion. Vineyard Wind, a joint …
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1 month ago
The escalating cost of wildfires now adds $41 to the average monthly power bill for residential customers of California’s largest utility, according to a government report that calls for a systemic overhaul of how the state responds to conflagrations as …
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1 month ago
Five people have been charged with murder in a deadly Northern California explosion at an illegal fireworks warehouse that killed seven people and shook a tiny farming community, authorities said Friday. The charges stem from a grand jury indictment related …
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1 month ago
Social media giant Meta Platforms must face a lawsuit by the state of Massachusetts alleging that it knowingly designed its Instagram platform to be harmful to children and has misled the public that it is safe. The Massachusetts Supreme Judicial …
Andrew G. Simpson
1 month ago
Iowa Attorney General Brenna Bird announced she has filed a lawsuit against Meta and several of its subsidiaries, including Instagram and Facebook, for breaking Iowa’s consumer protection laws. The Attorney General’s Office alleges Instagram represents itself as being safe for …
1 month ago
Inszone Insurance Services announced its expansion in Oklahoma through the acquisition of Schuessler Insurance, Inc., a long-standing independent insurance agency based in Alva, Oklahoma. Founded in 1973 by Harvey Schuessler, the agency began as a small operation run from Schuessler’s …
1 month ago
Markel Insurance, the insurance operations within Markel Group Inc., announced the opening of a new office in Perth, Western Australia, with immediate effect. Building on growth from existing Australian offices, Markel is expanding its local presence with the appointments of …
1 month ago
The owner of a St. Louis, Missouri fossil replica company was indicted and accused of fraudulently seeking disability benefits, the U.S. Attorney’s Office, Eastern District of Missouri announced. Scott A. Taylor, 50, is still on probation from a prior disability …
1 month ago
xAI filed a lawsuit on Thursday seeking to block Colorado from enforcing a new law regulating artificial intelligence systems, escalating a fight over whether oversight should be handled by states or by Washington. The lawsuit, filed in U.S. District Court …
1 month ago
Florida’s attorney general said his office has launched an investigation into the artificial intelligence app ChatGPT and its parent company, after authorities learned that a gunman used the platform repeatedly before a mass shooting last year at Florida State University. …
1 month ago
Hyundai to Recall About 294,000 Vehicles Over Seat Belt Anchor Defect Hyundai Motor America is recalling 294,128 vehicles in the U.S. due to a defect that could cause seat belt anchors to detach, the U.S. National Highway Traffic Safety Administration …
1 month ago
Texas health regulators told Camp Mystic’s owners Tuesday they are investigating hundreds of complaints following last year’s devastating floods that killed 27 girls as the state considers whether to allow the all-girls camp to reopen this summer. The Texas Rangers …
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1 month ago
In December 2023, the U.S. Justice Department sued a Texas land developer it accused of duping tens of thousands of Hispanic residents into predatory mortgages, a landmark case for the Biden administration. Colony Ridge, which sold plots in massive subdivisions …
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1 month ago
Prosecutors are seeking Tiger Woods ‘ prescription drug records from a pharmacy, a week after his vehicle crashed in Florida and he was arrested on suspicion of driving under the influence. Prosecutors in Florida on Tuesday said they planned to …
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1 month ago
Big Tech is reshaping the funding landscape for new nuclear technologies as it seeks to bolster electricity supply for power-hungry AI data centers, inking deals that offer nuclear companies both funding and a clearer path to making money. Several U.S. …
1 month ago
Weather forecasters from Colorado State University said on Thursday the 2026 Atlantic hurricane season was expected to fall below historical averages because of an El Nino formation sending winds across the southern U.S. that could rip apart tropical storms. “While …