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The U.S. Supreme Court turned away on Monday a gun industry challenge to a New York law that permits lawsuits against gun makers, wholesalers and dealers for endangering people’s safety through sales of firearms and ammunition. The justices declined to …

Tugboat, a consumer insurance platform that helps homeowners with property damage and insurance claims, announced an oversubscribed $3 million in seed funding to scale its platform and offer expanded claim support for homeowners. The round was led by ResilienceVC with …

Willis, a WTW business, unveiled a new version of its Climate Diagnostic model to help risk managers better understand and respond to climate‑driven volatility affecting property insurance markets. Embedded within WTW’s Risk IQ platform, Climate Diagnostic is a climate risk …

The extraordinary move by the US to bar foreign access to Anthropic PBC’s best AI models underscores the Trump administration’s newfound willingness to exert control over a pivotal industry. It also reminds Silicon Valley that it’s working with an imperfectly …

Blake Lively can recover some legal costs from fellow actor and director Justin Baldoni but not punitive damages and other relief she sought after settling her legal claims over their 2024 film “It Ends With Us,” a judge ruled Friday. …

Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen the waterway, shipping and maritime security sources say. The operation by conventional minesweepers and state-of-the-art underwater …

The US and Iran reached an interim peace agreement to reopen the Strait of Hormuz and move further toward ending a 15-week war that’s wrought chaos across the Middle East and reverberated through the global economy. The development caused equities …

British forces boarded a sanctioned oil tanker in the English Channel early on Sunday, the first UK-led operation of its kind targeting Russia’s so-called shadow fleet. Royal Marine Commandos and officers from the National Crime Agency boarded the Smyrtos in …

An Indian pollution regulator has alleged wastewater discharged from a Tata components factory for Apple’s iPhone has contaminated the groundwater for nearby farms and warned of a forced shutdown unless Tata gives a satisfactory explanation. India’s Tata Electronics is central …

A US-Iran deal intended to reopen the Strait of Hormuz within days left many of the world’s top shipowners, traders and oil producer nations seeking clarity about the terms of the pact that’s pivotal to the global economy. Some Persian …

As Wall Street races to incorporate war into its risk scenarios, the same people modeling natural catastrophes are now adapting their methodology to help investors, banks and insurers predict military conflicts. Since 2008, the number of countries engaged in external …

A coalition of U.S. state attorneys general has opened a sweeping investigation into OpenAI, a source familiar with the matter said on Friday. The ChatGPT maker was served on Friday with a subpoena seeking documents related to a wide range …

An injured employee in Georgia does not need to show that his reason for refusing light-duty work is injury-related, the Georgia Court of Appeals found in a decision that could continue to prove tricky for employers and insurers, especially during …

El Nino, Nature’s chaotic climate agent, has formed in a warmed-up Pacific Ocean and is expected to grow to historic strength, meteorologists announced Thursday. Experts said the El Nino, a natural warming cycle, should further heat a globe already warming …

A first-of-its-kind law in New York could force 3D printers sold for homes and business to come equipped with technology blocking them from making guns. The new requirement, also under consideration in California, attempts to thwart the latest technique for …

A large tent collapsed during a Virginia church’s 20th anniversary celebration on Friday evening, killing one person and injuring nearly two dozen others, officials said. Heavy rain, lightning and strong winds tore through Moneta, a small community about 124 miles …

A California man has been criminally charged with defrauding Western Alliance Bancorp out of nearly $100 million by falsifying title insurance policies to inflate the value of collateral he pledged to obtain loans. In a complaint made public on Wednesday, …

A federal appeals court this month affirmed the conviction of a former Texas police chief who arranged the destruction of a personal vehicle, falsely reported it stolen, and received insurance proceeds. The United States Fifth Circuit Court of Appeals ruled …

US forces are helping move millions of barrels through the Strait of Hormuz under the cover of darkness, sometimes escorting more than 20 ships per night out of the vital waterway, US Interior Secretary Doug Burgum said Friday. Now that …

The U.S. property/casualty industry reversed a $1 billion underwriting loss in the first quarter 2025 to post a $16.3 billion gain for the same period this year. According to a report from industry rating firm AM Best, net income doubled …