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AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Midwest Insurance Company (Springfield, Illinois), West River Insurance Company (Sioux Falls, …

The U.S. Supreme Court made it easier on Thursday for people from majority backgrounds such as white or straight individuals to pursue claims alleging workplace “reverse” discrimination, reviving an Ohio woman’s lawsuit claiming she was illegally denied a promotion and …

Credit Suisse’s $440 million London lawsuit against Japan’s SoftBank Group Corp. kicked off on Thursday over losses linked to Greensill Capital, with the collapsed finance firm’s founder Lex Greensill expected to give evidence next week. The case, which centers on …

New Zealand Rugby agreed a sponsorship deal with Gallagher insurance that will give the US-based insurance brokerage naming rights on the playing kit of the All Blacks rugby team. Gallagher’s brand will appear on training and match-day shorts of the …

Significant cyber incidents have tripled in two years in Canada, driven by technological, socioeconomic and geopolitical factors such as the war in Ukraine, according to research from commercial insurer QBE. Disruptive, globally significant and successful cyberattacks have increased from 10 …

A group of seven Democratic senators on Thursday introduced sweeping air safety legislation after a fatal collision between an Army helicopter and an American Airlines regional jet in January near Reagan Washington National Airport killed 67 people. Lawmakers have questioned …

While images of wildfires capture their ferocity, data can provide insight into how bad a fire season is. Such is the case with two graphics, powered by satellite data, that showcase a Canadian wildfire season off to a wild — …

State, city and U.S. Coast Guard crews of more than 100 people worked overnight to contain and clean up a 2,000-gallon diesel fuel spill in Baltimore’s harbor. On Wednesday at 11 a.m., first responders received what Johns Hopkins Hospital believed …

Russian flag carrier Aeroflot expects to sign settlement deals with Western insurers and leasing firms on the last 36 planes from a total of 228 aircraft it agreed to buy, Aeroflot head Sergei Aleksandrovski told Russian newspaper Kommersant. Aircraft leasing …

In a hulking grey building just east of Tiananmen square in Beijing, a small team in China’s Ministry of Commerce is deciding the fate of the global auto industry, one rare earth magnet export permit at a time. China holds …

Before becoming a parent, I thought I could plan for everything. There are books, blogs and apps galore. My prediction was that I could stay ahead of the chaos if I studied, prepared enough and followed the proper steps. Then …

Reddit Inc. sued artificial intelligence firm Anthropic, saying it has used the social media company’s content without permission to train its AI models. The lawsuit, which was filed Wednesday in San Francisco Superior Court, alleges that Anthropic attempted to access …

The U.S. Supreme Court on Thursday spared two American gun companies from a lawsuit by Mexico’s government accusing them of aiding illegal firearms trafficking to drug cartels and fueling gun violence in the southern neighbor of the United States. The …

South Florida residents will likely remember Aaron Hirschhorn, the successful Miami entrepreneur who launched a dog-sitting service then won a big investment for a stem-cell therapy for dogs when he appeared on the “Shark Tank” TV show in 2019. Hirschorn …

For residents of this quaint tourist town on the northern edge of Napa Valley, the threat of wildfire is seldom out of mind. The hillside bears burn scars from a 2020 fire that forced all of Calistoga to evacuate, and …

Los Angeles County agreed to pay $2.7 million to a teenager who was attacked by at least six other young people at a juvenile detention center in so-called “gladiator fights” that were allegedly facilitated by probation officers. The boy’s beating …

A group of four men broke into a historic New York lighthouse along the Hudson River, set a fire and vandalized the interior, destroying valuable antiques, furniture and other items. The Tarrytown Lighthouse in Sleepy Hollow, built in 1883 and …

One of the things I love about the insurance business is that anyone—regardless of where they start—can build a meaningful, lifelong career. I am proof of that. In our industry, your ability to reach your potential is a function of …

A school system in Connecticut that’s at the center of an ongoing legal fight over allowing transgender student athletes to participate in competitive girls’ sports is being investigated by the Trump administration, the U.S. Department of Education confirmed Tuesday, adding …

Monarch E&S Insurance Services acquired Market Finders Inc. in Albuquerque, New Mexico. MFI is a managing general agent and wholesale broker founded in 1971. MFI specializes in both personal and commercial lines, including transportation risks. The company is led by …