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Fermat Capital Management says a European proposal to limit retail investors’ access to catastrophe bonds faces serious pushback, as money managers specialized in insurance-linked strategies mount a coordinated front. John Seo, co-founder and managing director of the Connecticut-based hedge fund …

Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the US conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.49% strategic investment in …

The overseas investment arm of China’s Ping An Insurance (Group) Company is reconsidering its exposure to the US as the Iran war fuels waves of volatility. The conflict in the Middle East has upended global markets over the past few …

The website used by an Iranian government-linked hacking unit that claimed responsibility for a March 11 cyberattack on a U.S. medical device maker was back up and running a day after the FBI and Department of Justice seized its internet …

Hyundai Motor said on March 20 it has reports of four minor injuries because rear power seats in new Palisade SUVs may trap a person as sales remained halted after an incident earlier this month in which a two-year-old girl …

An airport in a dusty and remote corner of rural Spain has once again become a parking lot for aircraft stranded in Europe, this time due to the war with Iran, which has forced countries to close their airspace and …

On a trip to Dubai two years ago to review luxury hotels, I found myself at a beach-club brunch surrounded by people with British accents. Groups were debating the merits of different corners of the Clapham neighborhood. If not for …

A south Florida FedEx driver, now a quadriplegic after a vehicle crash in 2019, may need constant care and may benefit from a trip to see family members in New York. But the employer and the workers’ compensation insurer should …

Could a market that facilitates millions in wagers on how many times Vice President JD Vance claps during a State of the Union address, or whether Elon Musk will finally be unmasked as Satoshi Nakamoto—the elusive, pseudonymous creator of bitcoin—actually …

More than 350 people were hastily evacuated from an Orlando apartment complex last week after fire officials found cracks throughout the building along with doors that wouldn’t open. Local news outlets reported that a panicky resident called 911 Thursday morning …

A lawsuit filed Friday blames the owners and others associated with a resort in Costa Rica for the carbon dioxide-related death of former New York Yankees outfielder Brett M. Gardner’s teenage son last year. Gardner and other relatives filed a …

The National Highway Traffic Safety Administration on Thursday escalated its probe into 3.2 million Tesla vehicles with Full Self-Driving driver-assistance on concerns the system may fail to detect or warn drivers in poor visibility. NHTSA first opened a preliminary evaluation …

The Oklahoma Insurance Department (OID) announced it has fined and revoked the license of Leslie Clark, a resident insurance producer from Stigler, Oklahoma, following an investigation led by its Anti-Fraud Unit. On Feb. 11, 2026, a show-cause hearing was held …

The Texas Railroad Commission spent two years working to secure the authority to issue the permits energy companies need to inject and store carbon dioxide underground, a power previously held by the federal government. Last November, the Environmental Protection Agency …

Inszone Insurance Services, a provider of commercial, personal, and benefits insurance solutions, is pleased to announce its expansion in the Midwest through the acquisition of Ohio Valley Insurance, an established independent insurance agency with deep roots in agricultural and crop …

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 …