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The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen’s Iran-aligned Houthis attacked at least one tanker overnight, sources said. The Houthis said their forces had carried out missile and drone …

One of Florida’s largest property insurers won a major victory Wednesday from an appeals court, which found that a jury’s $335,000 award in a claims dispute over plumbing damages was far out of line with the evidence. “The verdict was …

Eight people have been sentenced to prison for their roles in a $1.2 million travel insurance fraud kickback scheme, the U.S. Attorney’s Office, Southern District of Indiana announced. According to court documents, Jennifer Fleener devised a scheme in 2016 to …

Insurance broker Gallagher has relaunched its aviation insurance web portal — Jacinth — which provides clients with an interconnected insurance management system. The new enhanced digital platform is designed to help clients drive efficiency and offers analytical insights on their …

Michigan health officials reported 7,171 cases linked to an outbreak of cyclosporiasis on Wednesday, up 600 cases since its last update on Tuesday. The outbreak of the intestinal infection in Michigan has resulted in 102 hospitalizations, according to the state …

Wildfires forced French authorities to evacuate some 20,000 residents and tourists from an area southwest of Bordeaux, after successive heat waves created tinderbox conditions. Hundreds of firefighters are battling blazes that have so far burned 3,100 hectares in the Bassin …

A federal judge cast doubt on July 22 on claims by approximately 69,000 people alleging that Johnson & Johnson’s JNJ.N baby powder and other talc products caused ovarian cancer, saying plaintiffs must provide more specific evidence or risk having their …

South Korea has been hit by a “significant” data leak that could affect all of its diplomats following a breach at a government-run training academy. A system that held roughly 10,000 records of current and retired diplomats is believed to …

Technology-driven insurer Root has launched its behavior-based car insurance in New Jersey, marking its 37th state. Using mobile telematics, Root calculates its rates primarily on actual driving performance, such as focused driving, smooth braking, and gentle turns. The system can …

A Mexican man who was struck and killed by a tractor trailer in Florida after running from federal immigration officers was vacationing in the U.S. and had a tourist visa, according to a Mexico official and a group assisting his …

More than twice the amount of swimming pool chemicals as planned were improperly stored at a Georgia plant, setting conditions for a fire in 2024 that sent a huge plume of orange and black smoke into the sky and forced …

Global commercial insurance rates dropped by 6%, on average, in the second quarter of 2026, following a 5% decline in Q1 2026, according to Marsh’s latest Global Insurance Market Index (GIMI). Property rates declined by 12% in Q2, while casualty …

Coverwatch has raised a $4.5 million pre-seed round to help accelerate product development and expand the team at the San Francisco-based firm. The round was led by CoFound and Restive with participation from KFund, liquid2 ventures and others. Coverwatch is …

A novel lawsuit claiming that Meta Platforms relied on discriminatory AI tools to select employees for layoffs highlights the problems workers face in suing employers over the new technology, including proving how it was actually used. The case helps illustrate …

The New York City Health Department has reported that five people have died and seven people are currently hospitalized due to the outbreak of Legionnaires’ disease on the Upper East Side. No new cases have been reported for more than …

A cyclone that wreaked more than €1 billion ($1.14 billion) in damage along Sicily’s coast has also exposed a flaw in Italy’s push to expand mandatory insurance against natural disasters. Businesses were insured, but not for the risks they faced …

Texas and Louisiana are sweltering under dangerous heat exacerbated by Tropical Storm Bertha, which made landfall Wednesday afternoon and is helping push Texas electricity demand to another record. Heat index temperatures in eastern Texas and northwest Louisiana may reach 120F …

W.R. Berkley’s CEO wasted no time addressing the issue that has been stuck in his craw for at least a year. “We continue to have great concern around much of the [delegated underwriting authority] model and how it’s participating in …

New small business owners are more likely to have proper business insurance than those that have been operating longer. Even so, a majority of small businesses remain underinsured. That’s according to a new survey by ERGO NEXT which found that …

A twice-convicted felon who helped orchestrate a scheme to inflate the value of a small New Jersey delicatessen to more than $100 million was ordered to spend 21 months behind bars. James Patten, 67, was sentenced Tuesday by US District …