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At least 69 people were killed and more than 100 injured after a 6.9 magnitude earthquake struck central Philippines Tuesday night, flattening buildings, as officials hastened search and rescue efforts. Most of the deaths happened as people were crushed in …

Europe’s biggest weather forecaster is reporting record demand for its data, as energy traders, insurers, shipping lines and tech companies rush to improve the accuracy of their AI models.In 2024, the number of commercial firms buying licenses to access data …

Vietnam’s government said Typhoon Bualoi caused an estimated 8 trillion dong ($303 million) of property damage this week, saying in a preliminary assessment on Wednesday that nearly 170,000 houses were damaged or inundated by flooding. Bualoi made landfall on Monday …

The US labor board has abandoned its allegations that Apple Inc. Chief Executive Officer Tim Cook violated federal labor law, one of many cases where the agency is adopting a more business-friendly approach under President Donald Trump. In a Sept. …

For dealmakers across the world, the third quarter was one of the best and one of the worst in recent history. Megadeals tallied a stunning $1.26 trillion in global mergers and acquisitions during the third quarter – up 40% year …

A hacker gained access to the Federal Emergency Management Agency’s computer networks for several months earlier this year and stole information about FEMA and US Customs and Border Protection employees, according to an overview of the incident. The Department of …

The U.S. agency that enforces workplace anti-discrimination laws sued Apple on Tuesday, claiming the manager of a retail store made antisemitic comments and denied a Jewish employee’s requests for time off before firing him. The Equal Employment Opportunity Commission says …

Washington’s minimum wage will rise 2.8% next year to $17.13 per hour. The Washington State Department of Labor & Industries announced the increase, which takes effect Jan. 1, 2026. State law requires L&I to calculate the minimum wage for the …

Amazon.com won the dismissal on Tuesday of a lawsuit accusing the online retailer of discriminating against a Black former employee by reducing her duties and putting her on a performance improvement plan. U.S. District Judge Arun Subramanian in Manhattan said …

A pipeline operator is settling with the U.S. Environmental Protection Agency over a massive gasoline spill in in Walnut Creek, California. Under an agreement, SFPP L.P. will pay a penalty of $213,560 to resolve claims of Clean Water Act violations …

California Gov. Gavin Newsom signed an executive order he said will help mitigate the impacts and better allocate the costs of natural disasters while stabilizing the insurance market and energy utility sector. The executive order calls for multiple state agencies …

Employee benefits firm Freimark & Associates has partnered with Leavitt Heartland Insurance, a Leavitt Group affiliate with offices across South Dakota. The partnership expands insurance options for clients of both agencies. Freimark & Associates clients will now have access to …

AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of the members of Grinnell …

Rain was already coursing through the usually dry creek near Abraham Stallins’ home in the Texas Hill Country when a flash flood warning lit up his phone. It was just after midnight on July 5, and many neighbors were sleeping, …

Organizations representing the insurance, real estate, mortgage banking, financing, and property management industries sent a letter to Congressional leaders calling for quick action to extend the National Flood Insurance Program (NFIP). The program expires at the end of Sept. 30. …

Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of Corsiam Specialty Ltd., a new accident & health managing general agent (MGA). Backed by The Fidelis Partnership Syndicate 3123 …

Private credit could be a “meaningful” transmission channel during the next crisis, amplifying a systemic shock to the financial system with negative repercussions for a broad range of investors, according to Fitch Ratings. The fast-growing asset class has already exhibited …

Chinese hackers breached email servers of foreign ministers as part of a years-long effort targeting the communications of diplomats around the world, according to researchers at the cybersecurity firm Palo Alto Networks Inc. Attackers accessed Microsoft Exchange email servers, gaining …

Unless Congress reaches a compromise on funding by midnight, there will be no budget and the government will shut down—sending out waves of implications that will disrupt the insurance industry, according to AM Best. “The potential government shutdown coincides with …

Volkswagen AG lost an appeals case in Germany’s highest civil court over the shareholders’ approval of a settlement with former Chief Executive Officer Martin Winterkorn over his role in the diesel-emissions scandal that cost the company more than €30 billion …