1 month 3 weeks ago
The U.S. Supreme Court reined in thousands of lawsuits pursued in state courts accusing Bayer of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer, handing a major legal victory on Thursday to the German …
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1 month 3 weeks ago
Technology is moving extremely fast, and a recent Clyde & Co survey of global business leaders has found that associated risks are weighing heavily. According to the law firm’s latest Corporate Risk Radar, 86% of leaders—CEOs, CFOs, COOs, general counsel, …
Chad Hemenway
1 month 3 weeks ago
A fire near downtown Los Angeles that has affected the health of nearby residents and caused businesses economic harm for more than a week was knocked down Wednesday night, fire officials said. A fire at a 491,000-square-foot cold storage warehouse …
1 month 3 weeks ago
London’s efforts to deal with rising temperatures come at a considerable financial cost that will require the city to turn to private investors for help, the mayor of the UK capital said. “This is an environmental crisis, but also it’s …
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1 month 3 weeks ago
Florida-based Safepoint Holdings, parent company of Safepoint Insurance and Manatee Insurance Exchanged has filed to withdraw its initial public offering plans in the U.S., the Florida insurer said on Wednesday. The withdrawal comes even as the IPO market has picked …
1 month 3 weeks ago
Thousands of Venezuelans were feared dead on Thursday after two powerful earthquakes wreaked havoc in and around the capital Caracas, trapping people beneath the rubble of collapsed buildings and setting off powerful aftershocks. A magnitude 7.2 earthquake hit about 160 …
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1 month 3 weeks ago
Guy Carpenter, a business of Marsh, said it is uniting its UK Property and Casualty and London Europe teams under one leadership structure, effective at the start of 2027. Leon Janeke will lead the combined UK Property and Casualty and …
1 month 3 weeks ago
A Massachusetts concrete company has been sentenced and fined in federal court in Boston for willfully violating federal Occupational Safety and Health Administration (OSHA) safety standards in a 2023 incident that led to a worker’s death. John Oliveira & Sons …
1 month 3 weeks ago
The heat wave baking western Europe smashed records in the UK and France, as the region faces another day of disruptive temperatures. The UK recorded its hottest June day on Wednesday, with daytime highs hitting 36.1C (97F) in Gosport in …
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1 month 3 weeks ago
President Donald Trump said tolls on ships sailing in the Strait of Hormuz would be a red line issue for the US in negotiations with Iran. Asked if he would reject a final Iran deal if it included any service …
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1 month 3 weeks ago
The four most recent cases of the New World screwworm have been confirmed on the same Texas property, marking the largest cluster of detections to be reported since the parasite was found in the US earlier this month. Three cattle …
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1 month 3 weeks ago
Google’s YouTube has settled a lawsuit brought by a minor who claimed the platform damaged his mental health, his lawyers said Tuesday, ahead of a second California trial over social media’s role in the youth mental health crisis. The terms …
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1 month 3 weeks ago
The rebound in blank-check companies is proving to be a useful route to public markets for companies involved in the artificial intelligence-data center build-out, said Betsy Cohen, a veteran of dealmaking in special purpose acquisition companies (SPAC). The Cohen Circle …
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1 month 3 weeks ago
National insurance groups are hailing the signing of a new law in North Carolina, one that makes the state the first to place an outright ban on third-party funding of lawsuits. House Bill 315, signed by Gov. Josh Stein this …
William Rabb
1 month 3 weeks ago
A 14-month-long “ghost broker” investigation has concluded with the arrest of a man accused of procuring more than 1,120 auto insurance policies using fraudulent data and social media apps. The Utah Insurance Department announced the arrest of Carlos David Garcia …
1 month 3 weeks ago
New York City has taken the next steps toward realizing its vision of a city-backed insurance program for affordable housing providers. The city has selected Pinnacle Actuarial Resources to provide actuarial analysis and technical support. Also, the city has issued …
Andrew G. Simpson
1 month 3 weeks ago
Digital insurer Honeycomb Insurance is expanding into Nevada roughly one month after receiving a $40 million funding round. The company’s recent launches include operations in Kansas and Missouri. Honeycomb’s digital platform is designed to enable agents to quote and bind …
1 month 3 weeks ago
As part of its new group strategy Xcelerate29, corporate & specialty insurer HDI Global (HDI) will implement a new organizational setup and leadership changes in its U.S. business. HDI Global U.S. named Shadi Albert as the new CEO as of …
1 month 3 weeks ago
What’s being referred to as a super El Niño is now looking more than likely, and it brings with it increased wildfire risk in the West, drought and a possible “mini-Dust Bowl” in parts of the Great Plains, the potential …
Don Jergler
1 month 4 weeks ago
Millions of honeybees escaped into a rural Texas neighborhood after a semitrailer carrying about 400 hives tipped over, officials said. Emergency officials in Orange County, Texas, shut down roads in the area Sunday morning and warned residents to stay in …
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