1 month 1 week ago
President Donald Trump has approved federal disaster aid for six states and tribes following storms and floods that occurred this spring and summer. The disaster declarations, announced Thursday, will allow federal funding to flow to Kansas, North Carolina, North Dakota …
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1 month 1 week ago
A school bus carrying softball team members in Oklahoma crashed into a deer and overturned, ejecting some passengers and injuring seven people, the state highway patrol said. The crash happened Monday night on State Highway 152 near Minco in Grady …
1 month 1 week ago
The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource. The …
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1 month 1 week ago
Political violence in a polarized US is surging, with the past five years of assassinations and attempts on the lives of politicians the highest on records dating back to the 1960s, a Bloomberg Geo-Economic analysis shows. Since the start of …
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1 month 1 week ago
There are certain traits of hard reinsurance market cycles: prices rise, terms and conditions tighten, and new Bermuda reinsurers are formed to help fill capacity needs — known in the past by the market as the “class of 1992,” “class …
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1 month 1 week ago
Leaders of a Georgia-based church with congregations in five states have been charged by federal prosecutors with swindling millions of dollars in veterans benefits from parishioners serving in the military. An indictment unsealed in U.S. District Court in Savannah charges …
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1 month 1 week ago
The email seemed innocent enough. It invited senior citizens to learn about the Silver Hearts Foundation, a new charity dedicated to providing the elderly with care and companionship. “We believe every senior deserves dignity and joy in their golden years,” …
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1 month 1 week ago
A judge has rejected an attempt by the state of Georgia and a local development agency to force people who unsuccessfully sued to block an electric vehicle plant to pay the government’s legal fees. State government and the development authority …
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1 month 1 week ago
In 2023, dirty mine water gushed out of the ground behind James Christian’s home, flooding his yard in Wyoming County, West Virginia. Sinkholes formed, a strong sulfur-like odor lingered in the air and oily sheens began coating the creek. Residents …
1 month 1 week ago
The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites. The lawsuit by Penske Media in federal court in Washington, D.C., …
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1 month 1 week ago
Arrow Risk Management, the London-based specialist MGA underwriting platform, announced a strategic partnership with Bridgehaven Specialty UK Ltd. to launch its tech E&O underwriting practice. The practice will be led by Graeme King, who is one of the most highly …
1 month 1 week ago
This edition of International People Moves details appointments at AXA XL and Liberty Specialty Markets (LSM). A summary of these new hires follows here. AXA XL Promotes Smyth as Global Chief Underwriting Officer, Casualty AXA XL has appointed Donnacha Smyth …
1 month 1 week ago
A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack a target in South Korea, according to cybersecurity researchers. Attackers used the artificial intelligence tool to craft a fake draft …
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1 month 1 week ago
Dix Hill, New York insurance agent Jason Bartow, AAI, CPIA, TRA, has been elected president of the Professional Insurance Agents of New York State (PIANY). Bartow is commercial lines executive vice president of Eugene A. Bartow Insurance Agency Inc. and …
1 month 1 week ago
AMP Ltd. has agreed to pay A$120 million ($80 million) to settle a class action alleging the financial group charged excessive fees on some pension accounts for more than a decade. The in-principle agreement relates to fees charged to members …
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1 month 1 week ago
Asset managers with sizable holdings of catastrophe bonds are watching to see how a recent recommendation by Europe’s markets watchdog will disrupt the status quo, with some already warning of a potential selloff. At issue is the $17.5 billion of …
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1 month 1 week ago
The Federal Aviation Administration said it would fine Boeing Co. $3.1 million for a series of safety violations that it uncovered over a space of several months between late 2023 and early last year. The violations included interference with safety …
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1 month 1 week ago
A federal appeals court on Friday said it was pausing its consideration of legal challenges against the U.S. Securities and Exchange Commission’s climate regulations until the Wall Street regulator decides whether it plans either to change them or to defend …
1 month 1 week ago
A federal court ordered a Northern California-based roofing contractor to pay $1.9 million in back wages and damages to 158 workers after a U.S. Department of Labor investigation reportedly found the employer failed to pay required overtime rates to workers. …
1 month 1 week ago
The Federal Trade Commission ordered Alphabet Inc.’s Google, OpenAI Inc., Meta Platforms Inc. and four other makers of artificial intelligence chatbots to turn over information about the impacts of their technologies on kids. The antitrust and consumer protection agency said …
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