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With warmer than normal ocean waters, forecasters are expecting yet another unusually busy hurricane season for the Atlantic. But they don’t think it will be as chaotic as 2024, the third-costliest season on record as it spawned killer storms Beryl, …

The Senate voted on Thursday to block California’s first-in-the nation rule banning the sale of new gas-powered cars by 2035, moving to kill the country’s most aggressive effort to transition toward electric vehicles as President Donald Trump’s administration has doubled …

A former Westminster, California, police officer and her stepfather were charged in a large-scale workers’ compensation fraud case after an investigation revealed the officer collected more than $600,000 in disability payments while reportedly engaging in physically strenuous activities. Nicole Brown, …

Swingle Collins & Associates announced the appointment of Dan Curtis as President. Curtis will continue to foster a culture of growth and exceptional insurance services as he succeeds former president Mac Wesson, who will remain with the agency in a …

This edition of International People Moves details appointments at Willis in Canada and HDI Global in London. A summary of these new hires follows here. Willis Promotes Williamson as Canada Leader Willis, a WTW business, announced the appointment of Grant …

The Archdiocese of New Orleans agreed to pay nearly $180 million to victims of clergy sexual abuse under a settlement announced Wednesday, the latest in a string of settlements by the Catholic Church. The archdiocese, its parishes and several insurers …

A man who admitted in federal court to setting the fire that destroyed an eastern Missouri church has been sentenced to more than nine years in prison and ordered to pay the church nearly $7 million. The sentence for Christopher …

The U.S. Federal Emergency Management Agency announced the departure of 16 senior executives on Wednesday, a significant shakeup of its leadership ranks less than two weeks before the start of what is expected to be a busy hurricane season. Those …

Frankenmuth Insurance Appoints Ott Chief Legal Officer and Corporate Secretary Frankenmuth Insurance, headquartered in Frankenmuth, Michigan, appointed Kelly Ott as chief legal officer and corporate secretary. Ott is the company’s top legal advisor, overseeing corporate legal matters, governance, and regulatory …

Nuclear verdicts against corporate defendants reached a record high in 2024, led by cases involving products liability and intellectual property, according to a new report from research firm Marathon Strategies. The number of nuclear verdicts—those that surpass $10 million—rose to …

Builders Mutual Insurance and its subsidiary, Builders Premier, have agreed to pay a $39,000 penalty after a North Carolina market conduct examination again found issues with producer licensing, nonrenewals and subrogation recoveries. The Raleigh-based Builders already has issued small refunds …

CFC said it has extended the benefits of its new Cyber Proactive Response (CPR) coverage to existing policies tailored for the digital health, fintech, and technology sectors, effective immediately. “Each of these sectors is a prime target for cybercriminals due …

Multiple people on board a private plane that crashed into a San Diego military housing neighborhood during foggy weather early Thursday are dead but no one on the ground was injured, authorities said. The plane could hold eight to 10 …

A federal bankruptcy judge in Connecticut has approved a plan involving the Catholic Diocese of Norwich that includes a $31 million fund to compensate victims of sexual abuse by clergy. The plan seeks to provide recovery to those who suffered …

Major airline CEOs on Wednesday called on Congress to approve billions of dollars in funding to modernize the United States’ aging air traffic control system, saying it is “failing Americans.” The Federal Aviation Administration’s air traffic control network’s woes have …

Thames Water tops a list of water companies under criminal investigation for pollution by the UK government, a move that could complicate efforts to turn around the beleaguered British utility. The firm, which serves about a quarter of the UK, …

Climeworks AG is laying off 106 people, as startups that aim to reverse global warming face a reckoning with the US government slashing climate incentives and programs. The Swiss startup was one of the first companies to develop direct-air capture …

Aircraft lessor SMBC Aviation Capital has booked a further $654 million in proceeds from insurance settlements over the past year related to jets stranded in Russia following Western sanctions, the Irish-headquartered company said on Thursday. That brought SMBC’s total recoveries …

Cyber insurers are offering tools that could significantly reduce your identity risk—but most organizations aren’t using them. One of the most significant advancements in the sector is the increased emphasis on loss control services. These services are designed to mitigate …

Russia will defend its vessels in the Baltic Sea by all legal means, the Kremlin said, days after briefly deploying a fighter jet as Estonian officials tried to halt a so-called shadow fleet tanker in their economic zone. “A fairly …