The UK has drawn up plans to prepare for potential food disruption as the Iran conflict causes a drop-off in supplies of carbon dioxide used widely in the industry. In a “reasonable worst-case scenario,” officials don’t foresee aisles of empty …

The Bank of England is testing the risks to the financial system caused by AI by conducting scenario analysis and simulations, the central bank said in a letter published by lawmakers on Thursday. The BoE said it disagreed with an …

Five hundred and fifty billion dollars. That is the figure at the center of the landmark strategic investment agreement the United States and Japan concluded on July 22, 2025. A commitment by Japan to direct capital into American industries on …

The Nord Stream gas pipelines were attacked in 2022 as a direct result of Russia’s invasion of Ukraine, insurers told a London court on Thursday as they seek to avoid paying out nearly 580 million euros ($684 million) over blasts …

An insurance fraud scheme involving a bear costume, luxury vehicles and falsified damage claims has ended in convictions for three Los Angeles area residents. A California Department of Insurance investigation began after an insurance company suspected fraud after insureds claimed …

Crashes involving about 70 vehicles snarled a section of a snowy Colorado highway and sent eight people to the hospital. The pileup Tuesday prompted officials to close the eastbound side of Interstate 70 in Clear Creek County, about 50 miles …

The Governing Committee of the Workers’ Compensation Insurance Rating Bureau of California voted to authorize the WCIRB to submit a September 1, 2026, pure premium rate filing to the California Insurance Commissioner proposing advisory pure premium rates that will be …

The Trump administration on Thursday proposed weakening rules for the disposal of ash produced by burning coal that can contain hazardous heavy metals and contaminate groundwater. Those regulations were strengthened under the Biden administration as part of a wider crackdown …

Florida home insurer Olympus Insurance Co. announced it has expanded its risk transfer capabilities with a successful debut in the catastrophe bond market, completing its first-ever issuance through the newly established Abacab Re Ltd. The $120 million catastrophe bond provides …

The annual SantaCon bar crawl that floods New York City with inebriated young people in Santa suits every holiday season was run by a real-life Grinch, according to federal prosecutors. Event organizer Stefan Pildes was arrested Wednesday on charges that …

Maine lawmakers have passed a bill that could make it the first U.S. state to put a moratorium on new data centers as opposition to the electricity-hungry facilities grows across the country over their impact on household energy bills and …

The U.S. Department of Labor has recovered $77,523 in back wages for 12 workers employed by an Austin, Texas restaurant that failed to pay overtime wages required under federal law. The department’s Wage and Hour Division investigated Grand Buffet Paradise …

Britain may widen a planned ban on non-disclosure agreements that silence victims of workplace harassment, discrimination and abuse to include agency workers and the self-employed, as well as permanent staff, the government said on Wednesday. Launching a 12-week consultation, the …

The director of the Texas summer camp where 27 campers and counselors were killed by a devastating flood in 2025 testified Monday he did not see official warnings issued the day before the storm hit, that staff had no meetings …

Crews were working Monday to restore power to a closed hydroelectric station in northern Michigan as heavy rain threatens to cause a dam to overflow. More pumps also are being added to the Cheboygan Dam to help push water toward …

Mendy Friedman joined Alliant Insurance Services as first vice president within its employee benefits group. The Chicago, Illinois-based consultant will partner with a diverse portfolio of employers to design and implement data-driven health and welfare strategies. Friedman is an employee …

World Insurance Associates announced that it acquired the business of Heuring Crop Insurance of Boonville, Indiana on November 1, 2025. Terms of the transaction were not disclosed. Heuring has been providing farmers with comprehensive crop insurance coverage for over 25 …

Global insurance broker NFP reports it has acquired the Hamilton Group, LLC, a multi-disciplinary insurance broker based in Cedar Knolls, New Jersey. Hamilton Group’s Greg Frankel and David Page will join NFP as senior vice presidents reporting to Lauren Kim, …

A new study has found that 1.2 million buildings at risk of flooding in England currently aren’t included in any of the country’s flood defenses. The research, provided by mapping service Ordnance Survey and Snowflake, an AI data cloud company, …

A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the prediction market Kalshi. He checked the Times …