A tornado that caused severe damage in northeastern Wisconsin on July 27 has been preliminarily ruled as an EF3, the National Weather Service said. The tornado stayed on the ground for more than 20 minutes, damaging homes and businesses in …

Betsey Milord joined World Insurance Associates LLC (World), headquartered in Iselin, New Jersey, as chief broking officer. Milord will lead World’s broking organization. With more than 30 years of industry experience, Milord joins World after a decade at Marsh, where …

Enterprise Risk Associates announced the acquisition of Hamann Insurance Group of Katy, Texas on June 17, 2026. Terms of the transaction were not disclosed. For more than 45 years, Hamann Insurance Group has been serving both commercial and individual clients …

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Standard Casualty Company, based …

KingsCover Insurance Services, a specialty agency serving churches and ministries, has rebranded as Dominion First Insurance Services, LLC. The name change does not affect ownership, leadership, staffing, or client policies — the agency continues under the same team that built …

Meta Platforms Inc. and BlackRock Inc. plan to build a 1-gigawatt data center complex in Texas that will cost about $14 billion to develop, adding to a wave of investment in the computing hubs that power artificial intelligence. The facility …

France and Spain are studying ways to pump money into regions hit by massive wildfires over the past week even before the conflagrations are fully contained. Spanish Prime Minister Pedro Sánchez said the country’s cabinet will declare the affected areas …

A federal appeals court has revived a proposed class-action lawsuit accusing Chobani of deceiving consumers by falsely advertising some of its Greek-style yogurt as sugar free. The 7th U.S. Circuit Court of Appeals in Chicago ruled on July 27 that …

A tugboat captain has pleaded guilty to causing a deadly Miami collision that killed three girls from a sailing camp last summer. Yusiel Lopez Insua, 47, of Miami, pleaded guilty on Tuesday to seaman’s manslaughter, according to court records. The …

As U.S. President Donald Trump intensifies his campaign against diversity programs, appointments of women and racial minorities to S&P 500 boards have dropped to their lowest level in more than a decade, threatening to unwind years of gains in corporate …

Edison International’s Southern California utility is urging a Los Angeles judge not to find the company liable for property damages from a 2025 Los Angeles wildfire that destroyed more than 9,400 buildings. Southern California Edison argued in a court filing …

OpenAI plans to spend tens of billions of dollars on a massive new data center near Savannah, Georgia as part of the ChatGPT maker’s push to keep up with surging demand for artificial intelligence software. The startup has contracted with …

The AI boom and the risk of a correction are emerging as major global credit risks, ratings agency Fitch has warned, adding to growing concerns that soaring tech valuations and unprecedented AI spending may be running ahead of uncertain future …

For almost eight years now, South Carolina bars, restaurants and music venues have faced a sobering situation brought on by a 2018 state law that requires at least $1 million in liquor liability coverage: Pay unaffordable premiums or shut their …

While the residential solar market is collapsing nationwide after President Donald Trump ended a popular tax credit in December, one state is proving to be a surprising exception: Florida. A big reason why is a sweeping permitting law that took …

Formula 1 parent company Liberty Media, which also promotes the Las Vegas Grand Prix, has agreed to a settlement of about $3 million to end a class-action lawsuit brought by spectators regarding the inaugural 2023 race. The opening-night practice session …

Ratings analysts at AM Best see the pending acquisition of Safety Insurance Group by Mapfre as “strategically compelling” as the carriers have complementary geographic and product profiles. Last week Safety, a property/casualty insurer in Massachusetts and New England, announced it …

A 7.1-magnitude earthquake hit Japan’s southern Kumamoto prefecture on Tuesday, knocking out power to thousands of homes, rupturing roads and leaving some trapped and others presumed dead inside a partially collapsed shopping mall. Speaking to reporters from her office in …

After six years of civil and criminal charges and proceedings, online shopping company eBay and several former executives will pay a total of $55.7 million to settle claims over a relentless cyberstalking and harassment campaign targeting a Massachusetts couple. In …

About 900,000 current and former Origin Energy Ltd. customers had their data accessed in a security breach, the latest in a string of cyberattacks on major Australian companies and essential-service providers. It began examining a possible threat in early July, …