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The World Economic Forum announced on Tuesday that it has launched an investigation into its founder, Klaus Schwab, following a whistleblower letter alleging misconduct by the former chairman. The announcement came a day after the 87-year-old Schwab said he was …

New vehicle registrations in California rose 8.3% in the first quarter of 2025 compared with the same period a year earlier, putting the state above a nationwide 4.6% increase in a buying surge that may have been driven by consumers …

Three senior Democratic lawmakers on Tuesday urged the Federal Aviation Administration to address significant safety issues at Reagan Washington National Airport and maintain reduced air traffic after a series of troubling incidents. Representatives Rick Larsen and Steve Cohen and Senator …

Vermont Mutual Senior Executive Assistant Paula Clark was recently named regional vice president of the International Association of Insurance Professionals (IAIP), announced at the Region I 2025 Conference held in Hasbrouck Heights, New Jersey. IAIP is a community committed to …

The ashes of Hatim Naim’s burned home lie just a few dozen miles west of the Los Angeles areas destroyed by January’s Palisades and Eaton fires. But because the Mountain Fire, which destroyed 182 houses and other structures in Ventura …

California lawmakers are once again turning their attention to consumer privacy—this time with a laser focus on the insurance sector. At a moment when insurance companies are already navigating a minefield of data privacy laws, the newly proposed Senate Bill …

U.S. environmental groups say they are hiring lawyers and preparing for a major legal showdown with President Donald Trump’s administration over its rapid-fire and sweeping efforts to sidestep federal regulations on oil, gas and coal development. The preparations will pose …

Britain’s Marks & Spencer said on Tuesday it has been managing a cyber incident over the past few days, and had made some temporary changes to its store operations. The more than 140-year-old clothing and food company said it is …

First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires overcame underlying results. Chief Executive Officer Evan G. Greenberg in a statement said the insurer “had a good first quarter …

Worldwide economic output will slow in the months ahead as U.S. President Donald Trump’s steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global finance chiefs swarmed Washington seeking deals with …

United Kingdom’s Admiral Group has agreed to sell its U.S. insurance business — Elephant Insurance Co. and Elephant Insurance Services— to the private investment firm J.C. Flowers & Co. for an undisclosed cash consideration. Headquartered in Richmond, Virginia, Elephant is …

Inszone Insurance Services announced its recent acquisition of Davidson Insurance Agency Group, LLC. Located in Missouri, Davidson Insurance Agency has proudly served local businesses, families, and individuals since its founding in 1970, building a reputation for personalized and comprehensive insurance …

Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the effects of the nation’s worst offshore oil spill are still …

A slow-moving, active storm system brought heavy rain, large hail and tornadoes to parts of Texas and Oklahoma and left three people dead as severe weather warnings Sunday continue to threaten parts of the south-central and Midwest U.S. On Easter …

Ignyte and Novacore have launched following the recent sale of NSM Insurance Group’s U.S. commercial business to investment firm New Mountain Capital. Conshohocken, Pennsylvania-based NSM had said it would become two separate entities as a result of the sale, and …

Three people died and a fourth was critically injured early Easter Sunday when a fire tore through an overcrowded home in Queens, that had no evidence of a working smoke detector and had blocked stairs and exits, fire officials said. …

Megan Greene, one of the Bank of England’s most hawkish policymakers, said Donald Trump’s wave of global tariffs is more likely to weigh on prices in the UK than it is to stoke higher inflation. In an interview with Bloomberg …

New Jersey Attorney General Matthew J. Platkin has filed a lawsuit against Discord, Inc. alleging that the messaging app provider is exposing kids to violent and sexual content and predators and has violated the state’s consumer protection laws. Platkin maintains …

As roads become more dangerous, 70% of company drivers say they worry about being killed or hurt in a collision or held liable for the damages. While 89% of company drivers rate their driving as good or excellent, less than …

CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurance business, announced the appointment of Nick Pritchard as interim chief underwriting officer with immediate effect, following the decision by Gregory Roberts to leave Conduit and return to the …