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The Tokyo Metropolitan Government issued a €300 million (¥53 billion) bond Tuesday to boost flood defenses and other climate-related countermeasures. The money will be used to upgrade coastal protection facilities for the Port of Tokyo, develop sediment prevention facilities and …

Massachusetts Governor Maura Healey cited the results of a survey on safety of all 272 assisted living residences (ALRs) in the state in announcing actions to enhance the safety of ALR residents across the state. In July, following the tragic …

California Commissioner Ricardo Lara is proposing a regulation aimed at mitigating rising insurance costs and safeguarding the state’s insurance market from catastrophic risks and technological threats. Lara’s Long-Term Solvency Regulation is aimed at providing the California Department of Insurance enhanced …

Investors in Jamaica’s catastrophe bond now face a full trigger event that would force payment of the entire $150 million bond to help the island deal with fallout from Hurricane Melissa. That’s according to Florian Steiger, chief executive of Icosa …

The Oklahoma Insurance Department (OID) announce that its Fire Protection Classification Division saved homeowners approximately $22 million in insurance premiums in 2024. Classification ratings are based upon Verisk’s “Fire Suppression Rating Schedule,” general criteria of the National Fire Protection Association, …

Thomas Evans, Jr. of Biglow & Company, Inc, (Assured Partners) in Fox Lake, Illinois, has been elected and formally installed as the President of Big I Illinois at the organization’s annual convention in Peoria earlier this month. He will serve …

EPIC Insurance Brokers & Consultants announced it is expanding its Chicago and Midwest footprint with the acquisition of Price Insurance, a fourth-generation, family-owned agency based in Lake Forest, Illinois. The addition enhances EPIC’s Private Client practice by bringing Price’s deep …

The makers of Tylenol, Johnson & Johnson JNJ.N and Kenvue KVUE.N, were sued on Tuesday by Texas Attorney General Ken Paxton, who accused them of knowingly hiding the drug’s links to autism and attention deficit hyperactivity disorder. Paxton, a Republican, …

The U.S. Chemical Safety and Hazard Investigation Board is deploying investigators to Tennessee this week, now that federal ATF teams have completed much of their work at a military explosives plant that blew up Oct. 10 and killed 16 people. …

A federal judge decertified on Monday a class action by tens of millions of Apple customers who accused the company of monopolizing the market for iPhone apps by banning purchases outside its App Store, leading to higher prices. U.S. District …

Insurance broker Brown & Brown reported revenues of $1.6 billion during the third quarter – an increase of $420 million or 35.4% from Q3 2024. Commissions and fees rose by 34.2% with organic revenue increasing by 3.5%, a dip from …

Net income at The Hartford increased 41% to about $1.1 billion in the third quarter 2025. Q2 property/casualty written premiums increased 7% compared to Q3 2024, led by growth of 9% in the business insurance segment. Helped by lower catastrophe …

Security First Insurance, ranked the 15th largest property insurer in Florida earlier this year, announced it has filed for an 8% average statewide rate decrease for thousands of homeowners policies, making it the latest carrier to follow through on expectations …

Johnson & Johnson has seen a 17% jump in new lawsuits claiming its iconic baby powder causes cancer after the company’s latest attempt to force a global settlement was thrown out of bankruptcy court. J&J is facing approximately 73,570 suits …

Virginia’s lawsuit against TikTok and its China-based parent company ByteDance Ltd. will move forward in state court, despite TikTok’s efforts to have it dismissed. Richmond City Circuit Court Judge Richard B. Campbell ruled on October 24 that the case brought …

U.S. Transportation Secretary Sean Duffy warned that he is about make good on a threat to revoke millions in federal funds for California because he says the state is illegally issuing commercial driver’s licenses to noncitizens. In an appearance on …

A commercial truck driver who is charged with killing three people in a deadly crash in Florida in August had failed a commercial driver’s license test 10 times in the span of two months in 2023 in Washington state, before …

Wright National Flood Insurance Company said its affiliate, Wright National Flood Insurance Services, an operating company of Arrowhead Programs, has entered into an agreement to acquire the assets of Poulton Associates. Poulton, one of the top providers of private flood …

Australia’s AUB Group said on Tuesday it had granted Swedish private equity EQT exclusive access to its books after receiving a takeover offer which values the insurance broking company at A$5.25 billion ($3.41 billion). Under the proposal, EQT is offering …

Last Christmas, the tanker Yug cruised out of the Chinese port of Qingdao after offloading 2 million barrels of sanctioned Iranian oil. Near the Arctic, a vessel carrying Russian crude churned through icy seas, bound for India. Six thousand miles …