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Lists published every hurricane season, adjusting the amounts of insurance losses for past events for inflation to current-dollar levels, give a misleading picture of the potential for a single event costing insurers $100 billion. Karen Clark & Company (KCC) offered …

Artificial intelligence company Anthropic said in a court filing on Tuesday that it has resolved a class action lawsuit from a group of U.S. authors who argued that its AI training infringed their copyrights, marking the first settlement in a …

A North Carolina woman was sentenced to as much as 12 years in prison after she pleaded guilty to setting six fires in Onslow County, on the state’s southeast coast. Chasity Dawn Keeter, 37, of Jacksonville, pleaded guilty to five …

Wealthspire Advisors LLC, an NFP company, has entered into an agreement to acquire Marin Financial Advisors in Larkspur, California. Marin Financial Advisors has provided individuals and families with financial services since 1987. The firm is led by Principal Colin Drake, …

Grange Insurance Association has submitted an application to the Washington State Office of the Insurance Commissioner to convert to a mutual holding company structure. The plan calls for two new parent entities to be formed, Granwest Mutual Holding Company and …

California-based Mercury Insurance compiled a list of the most affordable electric vehicles to insure. The list includes 2025 and 2026 model-year vehicles. Factors examined for the list include claims on similar vehicles, costs to repair and vehicle safety records. Mercury …

Marissa Loewen first started using artificial intelligence in 2014 as a project management tool. She has autism and ADHD and said it helped immensely with organizing her thoughts. “We try to use it conscientiously though because we do realize that …

A ban on assault weapons that Connecticut put in place after the Sandy Hook Elementary School shooting is constitutional, a federal appeals court said Friday, as it rejected challenges by gun rights advocates who claim it violates the Second Amendment. …

The Trump administration’s order to halt work on a nearly completed wind farm off the coast of Rhode Island threatens grid reliability and jobs and defies explanation, business and government leaders from New England said on Monday. State leaders in …

For more than 150 years, horse-drawn carriages have been trotting through Manhattan’s Central Park, weathering the arrival of the automobile, years of criticism from animal rights activists and even a mayoral administration that vowed to ban the tourist activity. But …

The Federal Aviation Administration on Tuesday touted the reopening of a runway at Philadelphia International Airport through the installation of a system to stop a runaway airplane. The FAA awarded $8.5 million last year for the airport’s first Engineered Material …

California, New Mexico and Washington are at risk of losing a cumulative $46 million a year in federal trucking safety funds after the Trump administration accused the states of flouting English-language rules for commercial drivers. U.S. Department of Transportation Secretary …

A fire at an automotive supply plant in Louisiana was 90% contained Sunday, but a mandatory evacuation order remained in place as crews tried to address remaining flames, law enforcement officials said. The fire at Smitty’s Supply just north of …

A bill that would tighten how youth camps are penalized for safety deficiencies and that would diminish the industry’s influence on a state advisory committee has gained traction in the Legislature. While Senate Bill 1 passed last week created a …

Billionaire Elon Musk’s electric vehicle company Tesla rejected a $60 million settlement proposal in a lawsuit over the 2019 fatal crash of an Autopilot-equipped Model S before a jury this month awarded a $243 million verdict in the case. Lawyers …

Alive Risk, the sports, leisure and entertainment managing general underwriter of Ryan Specialty Underwriting Managers, the underwriting management division of Ryan Specialty announced that Scott Carroll has joined Alive Risk to serve as underwriting director of entertainment programs, reporting to …

WalkerHughes Insurance announced acquisition of S&R Insurance, a well-established retail insurance brokerage headquartered in St. Robert, Missouri. This strategic move marks WalkerHughes’ first presence in south-central Missouri and reinforces its commitment to delivering service and coverage to communities across the …

This edition of International People Moves details appointments at the re/insurance broker Miller and insurer HDI Global. A summary of these new hires follows here. Miller Appoints Howden’s Cumberland for New Role of Chief Broking Officer Miller, the London-based independent …

A federal appeals court has decertified a class of plaintiffs in a South Carolina lawsuit alleging that Progressive Insurance undervalued total-loss vehicles, the latest turn in multiple, similar suits against U.S. auto insurers. The U.S. 4th Circuit Court of Appeal …

Containment has increased on a rural California wine country wildfire that was burning out of control and threatening thousands of properties. The Pickett Fire exploded in the Napa Valley last week, prompting evacuations from area wineries and rural neighborhoods. The …