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The European Union has proposed restrictions on three firms that have provided fake flags to sanctioned oil tankers in Russia’s shadow fleet, according to documents seen by Bloomberg. The entities have supplied false Aruba, Curacao and Sint-Maarten flags to at …

A group of Italian families has filed a lawsuit against Facebook, Instagram, and TikTok, accusing the platforms of failing to enforce age restrictions and using addictive features that harm children’s mental health. The case asks a Milan court to require …

Chobani urged a federal judge to dismiss a lawsuit by Danone, the parent of rival U.S. yogurt brand Dannon, claiming it copied packaging and the “Bright & Mellow” slogan for a competing line of ready-to-drink cold brew coffee. Danone accused …

US electric companies will spend almost $208 billion in 2025 and more than $1.1 trillion over the next five years on the power grid, according to industry group Edison Electric Institute. Utility spending is growing rapidly. For comparison, investor-owned utilities …

Despite the rapid rise of artificial intelligence in the insurance sector, along with claims of widespread errors and even discrimination by algorithms, A.I. is becoming vital to the industry – but insureds will be protected by existing statutes, insurance advocates …

A New York judge on Monday upheld a Long Island county’s law banning transgender women from playing on female sports teams at county-run parks and recreational facilities. In a decision in a suit brought by a roller derby league, Judge …

Germany’s Continental AG has reached a deal with former managers that will see their insurance pay damages between 40 million and 50 million euros ($46.7 million-$58.3 million) in connection with the diesel scandal, reported the Handelsblatt newspaper on Tuesday. The …

Although economic uncertainty could affect insurers in the near to midterm, the workers’ compensation line continues to be a key driver of the profitability of the entire property/casualty insurance industry even as workers’ compensation prices are falling, according to a …

The U.S. government sued Southern California Edison to help restore National Forest System lands burned in the Saddleridge wildfire near Los Angeles in 2019. Tuesday’s lawsuit seeks damages for fire suppression costs and rehabilitation stemming from the Edison International-owned utility’s …

There are no $1 million giveaways to voters, cheesehead hats or even candidate debates. Elon Musk is nowhere to be found. Yet the stakes in the Pennsylvania election this fall are very much the same as they were in Wisconsin …

A lawmaker is calling on Insurance Commissioner Ricardo Lara to resign in the wake of investigation that he allegedly used taxpayer dollars to take luxurious trips. The Fair Political Practices Commission is looking into a complaint into Lara following reports …

Ned Gaines was named commissioner of the Nevada Division of Insurance. Gaines, who has served as commissioner in an acting capacity since July 2, was named to the role by Department of Business and Industry Director Kristopher Sanchez. Gaines has …

NFP, an Aon company, added two new benefits leaders, Mark Carroll and Bill Schmidt, and their respective books of business. Carroll and Schmidt will each join as vice president, Benefits, in NFP’s Atlantic region. They are based in northern Virginia …

Hill Country Underwriters, a managing general underwriter (MGU) providing casualty insurance for artisan contractors, launches today with a General Liability and Inland Marine product for artisan trade contractors in Texas. The new offering, tailored for contractors in specialty construction trades, …

Nebraska officials missed a deadline this week granting licenses to marijuana growers as part of a voter-approved measure that legalized medical marijuana, offering the latest example of pushback in Republican-led states against efforts to legalize the drug. “How many times …

The Texas Stock Exchange last week crossed its latest hurdle toward becoming a direct competitor to the dominance of the New York Stock Exchange and the Nasdaq. The announcement that the U.S. Securities and Exchange Commission had approved the Dallas-based …

The Alabama Department of Insurance will hold a public hearing next week on the proposed merger of a ProAssurance unit and FD Insurance – the latest of many financial moves for both companies in the last decade. ProAssurance Indemnity Co., …

Holmes Murphy, headquartered in Waukee, Iowa, hired Jordan Anderson as vice president and employee benefits sales leader in its Sioux Falls, South Dakota, office. Anderson will focus on helping Holmes Murphy deepen its client relationships, drive growth in the Sioux …

A Los Angeles jury ordered Johnson & Johnson to pay $966 million to the family of a woman who died from mesothelioma, finding the company liable in the latest trial alleging its talc products cause cancer. The family of Mae …

As a Boeing 757 aircraft prepared to land, an audio alert started blaring in the cockpit: “Traffic on runway! Traffic on runway!” Seconds later, the same warning popped up on the navigation display. It prompted the pilot to abort the …