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The city of Baltimore suffered a defeat in its efforts to address the opioid epidemic last week when the Maryland Supreme Court vacated a $152 million public nuisance verdict won by the city against drug distributors McKesson and AmerisourceBergen. The …

The Midwest is bracing for severe weather on Monday, including the threat of the excessive rainfall, hail damaging wind gusts and tornadoes. Missouri, Illinois and Indiana face the greatest risk of severe storms. Scattered large hail, flooding, severe and damaging …

Beazley, the specialty insurer, has announced the appointment of Sundeep Khera as head of Marine, effective April 21, 2026. As part of the Marine, Accident & Political (MAP) Risks team, Khera will lead the Marine, Energy, Aviation and Space teams, …

The U.S. Department of Labor has ordered an inspection company to reinstate and compensate a terminated worker who reported safety concerns during installation of a natural gas pipeline in Watonga, Oklahoma. The department’s Occupational Safety and Health Administration investigated a …

Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the re/insurance industry well-positioned as it heads into the more costly second and third quarters, …

The Travelers Companies said it intends to expand its homeowners insurance offerings across California. Travelers notified the California Department of Insurance it intends to expand homeowners insurance availability across the state, explaining in a news release the move is due …

The U.S. Supreme Court is set on Monday to consider Bayer AG’s effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer. The justices are …

First quarter 2026 net income at The Hartford increased 36% to about $851 million as catastrophe losses during the period were half the amount of the same time a year ago. Pretax catastrophe losses for Q1 were about $230 million, …

A former Colorado funeral home owner who helped her ex-husband hide nearly 200 decomposing bodies was sentenced to 30 years in prison Friday in a case that forced the state to clamp down on an industry plagued by repeated scandal …

A video clip of a Florida woman driving her elevated pickup truck over a Lamborghini sports car has gone viral, again raising the issue of elevated trucks’ blind spots leading to accidents and insurance claims. The woman in Lake Nona, …

American International Group Inc. made it official with an announcement today that Eric Anderson will become president and CEO on June 1. Most recently a member of Aon Plc’s executive committee, Anderson will succeed current AIG CEO Peter Zaffino, who …

Georgia insurance commissioner John King used his statutory authority to bar property insurance policy cancellations until further notice, due to wildfires that have displaced homeowners across the state. King’s April 23 directive bars cancellations for nonpayment of premiums in 91 …

At least seven ships – mainly dry bulk vessels – have crossed the Strait of Hormuz in the past 24 hours, in line with muted activity in recent days, shipping data showed on Monday, while talks between Iran and the …

The conflict in the Middle East has disrupted supplies of crucial raw materials and pushed up prices of the printed circuit boards (PCB) used in almost all electronic devices, from smartphones and computers to AI servers, industry sources and executives …

Patriot Growth Insurance Services, headquartered in Fort Washington, Pennsylvania, hired Andrew Drayer as regional president, Northeast. He succeeds Bill Donato, who previously held this role and now serves as president of retail insurance. Drayer brings experience across commercial insurance, operations, …

Joby Aviation Inc. is planning to fly electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution. The demonstration flights will be New …

The chief of Europe’s securities regulator said the risks from and potential speed of cyberattacks are growing, joining a chorus of warnings from financial supervisors on the threats posed by artificial intelligence models that are evolving quickly. Geopolitical tensions have …

India’s Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing a listing in early 2027, two people familiar with the matter said. Backed by investors including General …

The state of Michigan was cleared of liability Thursday in a disastrous 2020 dam failure that flooded communities, destroyed more than 100 homes and drained a popular lake. Court of Claims Judge James Redford acknowledged the “real and lasting damages” …

The most-recognizable diversity policy in sports is facing the biggest challenge in its history. Florida Attorney General James Uthmeier, who has been endorsed by President Donald Trump, is calling for the end of the National Football League’s Rooney Rule, a …