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Alphabet Inc.’s Waymo has applied for a permit to test its robotaxis in New York City, underscoring its intent to operate in one of the largest ride-hailing markets in the US despite an absence of local regulations supporting commercially operated …

A Connecticut man has pleaded guilty to conspiring to obtain driver’s licenses for ineligible applicants, principally illegal aliens, federal prosecutors reported. The U.S. Attorney’s Office for Massachusetts said that Cesar Agusto Martin Reis of Waterbury pleaded guilty on June 13, …

A SpaceX Starship rocket exploded on a test stand in Texas, adding to a series of setbacks to Elon Musk’s space ambitions that include trips to Mars. The huge blast enveloped the craft as it stood upright on a test …

Krispy Kreme released new information about its late 2024 data breach and said it is notifying affected individuals—many of them current or former employees, and their families. According to a post on its website and a notification to the attorney …

Deal volume is down but the total value of the deals that were made is up, according an analysis by PwC of mergers and acquisitions in the insurance sector. The look at M&A activity showed total deal value within the …

Bad faith litigation has long posed both legal and reputational risks for insurers operating in Florida. With the enactment in 2023 of House Bill 837—a sweeping tort-reform measure—there are important changes to how insurers and their claims professionals must approach …

Hurricane Erick weakened after slamming into Mexico’s southern Pacific coast as a major hurricane on Thursday, leaving a trail of damaged businesses, wrecked boats and flooded streets in the state of Oaxaca as authorities warned of risks from heavy rain. …

Almost a year since the Copa America final nearly ended in tragedy, big numbers of soccer fans are back at Hard Rock Stadium — this time for the Club World Cup with heightened security. A combined crowd of nearly 120,000 …

California utilities are mulling power shutdowns as breezy dry conditions across the state raise the risk of wildfires. Pacific Gas & Electric Corp. may turn off power to at least 11,543 customers in 15 counties, according to its website. Southern …

Alabama’s insurance commissioner this week urged property insurers to be judicious in the use of drones and aerial imagery in making nonrenewal decisions, but stopped short of issuing new regulations. “If an insurer uses aerial imagery as a basis for …

Aon Promotes Rieth to Global Cyber Leader Aon plc, headquartered in London, promoted Brent Rieth to global cyber leader within Commercial Risk Solutions. Rieth, based in Chicago, Illinois, currently serves as head of Cyber Solutions, North America, will now lead …

A New York specialty insurance managing underwriter for contractors and construction risks has sued a New York City personal injury law firm and dozens of medical providers, alleging a wide-ranging scheme to defraud insurers through staged construction accidents and fraudulent …

The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial increases in tornado activity to “Tornado Alley,” but claim volume decreased to a five-year low, according to a quarterly property …

The Clear Group, he London-based insurance intermediary, announced the acquisition of C.R. Toogood & Co. Ltd., a commercial insurance broker based in East Horsley, Surrey, UK. Financial details of the deal were not disclosed. Clear said this strategic move underscores …

The cost of insurance for ships sailing in the Persian Gulf jumped as attacks between Iran and Israel raised risks for vessels in the area. Underwriters are now charging 0.2% of the value of a ship for calls into the …

Climate change has tripled the frequency of atmospheric wave events linked to extreme summer weather in the last 75 years and that may explain why long-range computer forecasts keep underestimating the surge in killer heat waves, droughts and floods, a …

The US Department of Agriculture announced a plan to open an $8.5 million facility in South Texas to combat the spread of the New World screwworm, a flesh-eating bug that is deadly to cattle. The facility, expected to be completed …

The U.S. Environmental Protection Agency announced a settlement with manufacturer Eakas Corp. for alleged Clean Air Act emissions violations at the company’s facility in Peru, Illinois. The company will pay $520,200 in penalties. Eakas produces various plastic and metal parts …

The Oklahoma Insurance Department said that it has expanded its second pilot launch of OKReady, a program that allocates up to $10,000 in grant funds to residents to strengthen homes to the IBHS Fortified standard. OID announced that eight new …

In the wake of the Trump administration’s announced plans to cut back on federal disaster spending, South Padre Island officials are concerned their beaches will be left vulnerable should a storm hit this hurricane season. City staff alerted City Council …