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South Florida faces a growing affordability problem as housing demand outstrips supply, according to Ana-Marie Codina, whose family firm develops master-planned communities in the region. “We definitely need more supply,” Codina said in an interview at a Bloomberg New Voices …

About 5 a.m. on Sept. 29, 2024, an employee at the Bio-Lab chemical warehouse outside Atlanta heard a popping sound, a tell-tale sign that stored chemicals had come in contact with water and were reacting. Within 90 minutes, the huge …

A contractor was fined $170,000 for workplace violations that resulted in a 3,000-pound excavator bucket falling on an employee in southwest Washington. The Rotschy Inc. construction company was hit with $170,000 in fines from the Washington State Department of Labor …

A powerful, magnitude-7.0 earthquake struck in a remote area near the border between Alaska and the Canadian territory of Yukon on Saturday. There was no tsunami warning, and officials said there were no immediate reports of damage or injury. The …

Allianz SE and Oaktree Capital Management agreed to set up a reinsurance syndicate on the Lloyd’s of London market, the latest example of a private capital firm pushing into the non-life sector. The vehicle, named “Syndicate 1890,” will begin underwriting …

President Donald Trump said on Monday he would sign an executive order this week that he said would create a single national rule for artificial intelligence, which the industry has said is necessary to override disparate laws passed by U.S. …

Westfield Appoints Scholz as Enterprise CIO Westfield, a U.S.-based property and casualty insurance company headquartered in Westfield Center, Ohio, appointed Lloyd Scholz as enterprise chief information officer (CIO). Reporting directly to CEO and Board Chair Ed Largent, Scholz’s responsibilities include …

Missouri Attorney General Catherine Hanaway announced that her office has filed felony charges against James G. Bennett, operating as Bath Planet, for allegedly defrauding consumers by accepting payments for bathroom remodeling services he never completed. Bennett faces 10 counts of …

Bowen, Miclette & Britt Insurance Agency, LLC has continued the expansion of its Surety team with the addition of John Anthony Martinez, who brings nearly 20 years of experience in contract and commercial surety, bonding strategy, and risk advisory services. …

This edition of International People Moves details appointments at the brokers Aon plc and AHJ Miller. A summary of these new hires follows here. Aon Names Norman as Senior Broker in its Global ReSpecialty Property Team Insurance broker Aon plc …

Afore Insurance Services said it has acquired Resolve Insurance Group, an independent insurance agency headquartered in Virginia Beach, Virginia that is known for its marine insurance specialty. Resolve will become part of Afore’s Mid-Atlantic region, operating under the leadership of …

Alphabet unit Waymo said Friday it would issue a recall for its self-driving vehicles after Texas officials said they illegally passed school buses at least 19 times since the start of the school year. The National Highway Traffic Safety Administration, …

The district charged with overseeing the construction of a massive set of gates across the mouth of Galveston Bay — known as the “Ike Dike” — announced last week that it has approved contracts with two global engineering firms to …

The San Diego city attorney’s office has agreed to pay $30 million to the family of a 16-year-old youth who was fatally shot by police last January in what would be one of the largest settlements of a police-involved killing …

A massive Pacific storm called an atmospheric river will sweep off the ocean into the Pacific Northwest starting Monday, bringing heavy rain and a week of floods, swollen rivers and even heavy snow across the region, including Seattle and Portland. …

Following the death of a worker at a Georgia solar systems plant in May, a federal safety agency has cited a construction firm for serious violations. But the fine levied against Hyoungwon E&C America is only about $20,000, an amount …

White Mountains said it has completed the sale of a controlling interest in insurance distribution platform Bamboo to funds advised by CVC Capital Partners. In October, White Mountains announced the deal to CVC, valuing managing general agent Bamboo at $1.75 …

Berkshire Hathaway Inc. today announced Nancy L. Pierce will be GEICO’s new chief executive officer. Pierce was most recently chief operating officer at the major U.S. auto insurer. “Nancy knows the business inside and out. She’s practical, decisive and focused …

Florida’s Republican-dominated congressional delegation is urging the Trump administration to drop a plan that would allow new oil drilling for the first time in decades off the state’s coast. A letter signed by Republican Sens. Rick Scott and Ashley Moody …

The U.S. Department of Health and Human Services on Thursday outlined a strategy to expand its use of artificial intelligence, building on the Trump administration’s enthusiastic embrace of the rapidly advancing technology while raising questions about how health information would …