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John Neal’s tenure at American International Group (AIG) is over before it began. The former CEO of Lloyd’s of London and AIG reached a “mutual agreement” that he would not join the company due to “personal circumstances,” according to a …

Insurers paid £197 million (US$259.2 million) in cyber claims in 2024 for UK businesses – a 230% increase, or £138 million (US$181.6 million) more than in 2023, according to the Association of British Insurers (ABI). Malware and ransomware alone accounted …

The British Broadcasting Corp. issued a formal apology to Donald Trump on Thursday over the misleading edit of the US president’s speech in a documentary program late last year, but rejected his demands for compensation. BBC Chairman Samir Shah sent …

BBVA SA is reviewing its insurance partnership in Turkey as its current agreement with Eureko Sigorta AS is set to expire, according to people familiar with the matter. BBVA is considering various options including a new partnership for its local …

BHP is liable for the 2015 collapse of a dam in southeastern Brazil, London’s High Court ruled on Friday, in a lawsuit the claimants’ lawyers previously valued at up to 36 billion pounds ($48 billion). Hundreds of thousands of Brazilians, …

TOPEKA, Kan. (AP) — A rural Kansas county has agreed to pay a little more than $3 million and apologize over a law enforcement raid on a small-town weekly newspaper in August 2023 that sparked an outcry over press freedom. …

Chevron Corp. chose West Texas as the site of its first project to provide natural gas-fired power to a data center, the beginning of a new line of business for the oil giant to capitalize on the boom in artificial …

A Wisconsin man accused of trying to burn down a congressman’s office earlier this year because he was upset over the federal TikTok ban has pleaded no contest to felony arson. Caiden Stachowicz, 20, of Menasha, entered the plea Monday …

As part of the spending deal to end the government shutdown, federal lawmakers approved a provision cracking down on hemp products containing THC, restoring a ban Texas Republicans sought to impose earlier this year. The funding package, passed by the …

Jack Morris treasures his 2009 Lamborghini Murcielago LP 640. But it’s not always easy to love. “It’s huge, it’s heavy, it’s clunky, you can’t see out of it,” says the 24-year-old of the orange V-12. “On paper, if a Porsche …

Russia’s Port Alliance group, which operates a network of sea cargo terminals, said on Thursday that foreign hackers had targeted its systems over three days in a distributed denial of service (DDoS) attack and an attempted hack. It said in …

JPMorgan Chase & Co.’s decision to let managers use artificial intelligence for help writing performance reviews stands to bring relief to one of bosses’ most dreaded annual tasks. It also raises questions as to whether bot-written reviews will make the …

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Kansas Medical Mutual Insurance Company and its subsidiary, KAMMCO Casualty Company, …

Global carbon dioxide emissions from fossil-fuel use will reach a record high this year despite countries’ pledges to begin lowering their climate pollution. Emissions are projected to hit 38.1 billion tons, a rise of 1.1% compared to last year, according …

More than half of insurance executives say generative and agentic artificial intelligence are the technological investments that will have the most transformative impact on the industry over the next three years, according to PwC. The professional services firm noted in …

In an age of frequent mass shootings, insurers cannot escape coverage by arguing that each pull of the trigger was a “separate occurrence” unless the policy unambiguously says so, a federal appeals court held this week in a case stemming …

Auto and home insurer Plymouth Rock Assurance announced an affinity program with the North Jersey Chamber of Commerce (NJCC) offering personal auto and home insurance discounts to all NJCC members and their employees in New Jersey. Greg Kalinsky, president and …

New Jersey officials announced five new environmental enforcement actions in communities considered overburdened under New Jersey’s Environmental Justice Law and the settlement of two previous environmental justice lawsuits. The latest lawsuits are against three gas stations in South Jersey, one …

In Southern California, where police pursuits are common, this was one for the books. A suspect in an allegedly stolen minivan led authorities on a two-hour, 170-mile (274-kilometer) chase through four counties Monday that ended with her escaping into Mexico, …

A former Connecticut police officer accused of mistreating prisoner Richard “Randy” Cox after he was paralyzed in the back of a police van pleaded guilty to a misdemeanor Wednesday and received no jail time, while three other officers chose to …