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Willis, a business of the broker WTW, announced the launch of a Global Risk Engineering team, as a key expansion of its Global Risk & Analytics (R&A) business. By consolidating and elevating its engineering capabilities, Willis said it is enhancing …

IQUW Re Bermuda, announced plans to expand its predominantly property cat reinsurance product suite with the additions of mortgage, credit, and cyber reinsurance to its portfolio. This continued product expansion comes at a time of significant development for IQUW. The …

Definity Financial Corp. plans to sell around C$1 billion ($723 million) of debt in two parts as it prepares to close the acquisition of Travelers Canada, according to people familiar with the matter. The senior notes will be sold in …

Suspected cyber attackers linked to the Chinese Communist Party impersonated the Republican chair of the House Select Committee on China in a series of attempts to steal sensitive data on trade negotiations, the panel said. Hackers masquerading as Representative John …

Ford F.N is recalling 1.9 million vehicles worldwide due to faulty rear-view cameras, the latest in a series of callbacks over the issue, the automaker said Tuesday. The recall covers various 2015 through 2019 model year Lincoln MKC, Lincoln Navigator, …

In a wide-ranging scheme that prosecutors are calling “insurance farming,” a former manager for one of the larger agricultural operations in Florida is now awaiting a sentencing hearing in December. Christopher Lee, 49, from the Naples area, on Aug. 26 …

Right-wing conspiracy theorist Alex Jones is asking the US Supreme Court to review a Connecticut court’s nearly $1.4 billion judgment against him and Infowars stemming from his false claims that the Sandy Hook Elementary School massacre was a hoax. The …

The case of a Maine police officer arrested by immigration authorities even though he was vetted by a government system called “E-Verify” has raised questions about what employers can do to make sure they’re employing people who can legally work. …

European Union nations will discuss potential changes to the role of imported carbon credits in the next decade in a drive for a rapid deal on the bloc’s landmark 2040 climate goal. Denmark, which holds the EU’s rotating presidency, signaled …

Mexico’s government will propose a bill to impose import tariffs on some sectors, including automotives and manufacturing, in a bid to address trade imbalances, a top official said on Tuesday. The move would also bring an additional 70 billion pesos …

Santa Monica, California officials are voting on whether to adopt a resolution declaring fiscal distress, as mounting sexual abuse settlements have destabilized the city’s finances, echoing strains that have already pushed other local governments deeper into debt. A report prepared …

When Dave Jones first started talking about climate change and what insurers should be doing about it some 15 years ago, the response could be thought of as something akin to a collective shrug. There wasn’t much to say. Insurance …

A steering control system component failure on a multi-purpose carrier resulted in a collision with a bulk carrier in the Houston Ship Channel in 2023, causing more than $1 million in damage, the National Transportation Safety Board said in an …

Gov. Greg Abbott will soon issue an executive order to regulate THC and set a minimum age of 21 to purchase those products in Texas, according to three people who spoke with the governor’s office. The Legislature’s second special session …

BCU Risk Advisors, a boutique personal insurance consulting firm specializing in high-net-worth individuals and families, announced the launch of its family office practice, a dedicated platform that builds on nearly two decades of experience serving the demographic. The program will …

Michael’s Cantina has been serving Tex-Mex food to the residents here for more than 30 years. Softball trophies crowd the top of a dresser in a dining room, old signs line the walls and regulars visit multiple times a week. …

The Second U.S. Circuit Court of Appeals has rejected President Donald Trump’s appeal of a $83.3 million award that a federal civil jury found he must pay to former advice columnist E. Jean Carroll for repeated defamatory remarks Trump made …

Already sluggish adoption of electric vehicles in the US will slow even further after a $7,500 tax credit for EV buyers expires later this month. Battery-powered cars will account for half of US auto sales in 2039, five years later …

When a hurricane tears through a community, the damage left behind can feel overwhelming. For property owners, the priority is to get repairs done quickly so that life and business can return to normal. But too often, homeowners and business …

A $21 million jury verdict against Vail Resorts for a paralyzing ski lift fall shows that liability waivers — those documents often written in legalese that people must sign before taking part in an activity— aren’t ironclad legal protection for …