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Liberty Mutual Insurance, headquartered in Boston, Massachusetts, named Phil Hobbs, currently president, Liberty International Insurance, as president of underwriting, Global Risk Solutions (GRS), effective April 1. Hobbs, who is based in London, will report directly to GRS President Matthew Moore …

Jurors in Akron began deliberating this week in the corruption trial of two fired FirstEnergy Corp. executives charged for their alleged roles in a sweeping $60 million bribery scheme that resulted in a lucrative bailout of two affiliated nuclear plants. …

The Grammy-nominated rapper Afroman won a defamation lawsuit filed by seven Ohio sheriff’s deputies who sued him over music videos in which he used home security footage to mock their raid of his home. “We did it, America! Yeah, we …

Insurance industry trade associations are applauding a decision to change the homeowners insurance required by Fannie Mae and Freddie Mac, which the trades said will lower costs for homeowners and buyers. The Federal Housing Finance Agency this week announced the …

Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages, with no crude oil tankers having transited the waterway in the past 24 hours, according to shipping …

French top-tier football club Olympique Lyonnais is facing a $63 million legal claim to pay back debt linked to the transfer of Brazilian star Igor Jesus, putting yet more scrutiny on the team’s finances and ownership structure. A subsidiary of …

It was supposed to be Florida’s version of the Panama Canal — a shortcut for boats to pass through the middle of the state from the Atlantic Ocean to the Gulf instead of navigating around the peninsula. But work on …

The patient in Room 373 refuses to leave. Tallahassee Memorial Healthcare earlier this month sued the patient, saying she has refused to depart her hospital room since being discharged last October. The hospital also has asked a state judge in …

A Warwick, New York insurance agency is under investigation for alleged illegal practices. The Warwick Police Department reported it executed a warrant to search Fullerton Insurance in January for the purpose of obtaining documentation, electronic devices, and other potential evidence …

Air traffic controllers will use radar, not just visual checks, to ensure that helicopters maintain a safe distance from arriving and departing airplanes in the wake of last year’s fatal midair collision near Washington, D.C., federal officials announced Wednesday. The …

The UK’s city minister will visit European capitals next week in a push to deepen ties with the European Union on financial services as Chancellor of the Exchequer Rachel Reeves seeks to spur economic growth domestically. Lucy Rigby will meet …

A manager at London-listed insurer Hiscox faces a criminal charge of providing false testimony during an attempted extradition of a former colleague from Greece to Bermuda, court proceedings and filings seen by Reuters show. An Athens prosecutor alleges the manager, …

The U.S. military is deploying thousands of Marines to the Middle East, officials told Reuters on Friday, as President Donald Trump accused NATO allies of cowardice over their reluctance to send forces to help open the Strait of Hormuz. The …

A powerful software exploit capable of penetrating and stealing information from potentially hundreds of millions of Apple iPhones was planted on dozens of websites in Ukraine in recent weeks, researchers said on Wednesday. The discovery marks the second time this …

Insurtech Hippo announced that its homeowners insurance products have been added to Progressive’s HomeQuote Explorer, available online and through Progressive in-house agents in eight states. Hippo said the distribution relationship began earlier this year with Progressive Advantage Agency, Progressive’s in-house …

Europe’s biggest naval powers don’t see away of reopening the Strait of Hormuz to commercial shipping before the Iran war subsides. The continent continues to resist Donald Trump’s calls to deploy warships to the strait over fears they will be …

Even in an age of frequent mass shootings in public places, a shooting can be unforeseeable and a supermarket has no duty to protect customers from random acts of violence, a Florida appeals court decided in a major win for …

CopperPoint Insurance Companies named Mark Woods senior vice president, head of product. Woods leads the integration of underwriting product and systems, guides geographic and product expansion strategies. Woods has more than 18 years of insurance experience across product, underwriting, risk …

A New Jersey public school district may be held vicariously liable for sexual abuse by a teacher even if the abuse took place outside of the scope of the teacher’s employment and off school property. The New Jersey Supreme Court …

New York City Mayor Zohran Mamdani’s administration wants to stop representing Eric Adams in a lawsuit that alleges the former mayor sexually assaulted a woman more than three decades ago, according to a court filing Tuesday. The move comes just …