German drugs and agrochemicals group Bayer is expecting a $7.25 billion settlement on its Roundup weedkiller to come before Christmas, CEO Bill Anderson said on Tuesday. The company is seeking to resolve tens of thousands of Roundup lawsuits through the …

On the eve of the midterm elections, there may be larger issues but none may approach the convergence of economic development, technology, politics, and local concerns quite like data centers. Certainly, data centers have become a steady rallying cry in …

Banks whose clients are exposed to the super El Niño cycle building in the Pacific Ocean are now assessing loan structures and loss risks, with debt rescheduling among options being considered. Spain’s Banco Bilbao Vizcaya Argentaria SA, which aside from …

These days the insurance industry is “caught in the crosshairs,” and it may also be caught flatfooted – responding to recent scrutiny of a policy’s worth rather than working from in front with appropriate data. In Boston at the American …

Extreme weather is having a measurable impact on Britain’s public finances as areas including railways, prisons and healthcare are increasingly affected, the UK’s National Audit Office said. The full scale of the damage remains difficult to gauge, however, as many …

One year after Progressive insurance was forced to disgorge excessive profits in Florida, a Kemper insurance subsidiary must now do the same. Infinity Auto, a nonstandard and specialty insurer based in Birmingham, Alabama, filed an excess profits report with the …

Eight years after it began operations and three months after going public, Orion180 Insurance Group has continued its growth trajectory with the opening of a new corporate headquarters in Melbourne, Florida. The 40,000-square-foot office includes a gym, patio, dining area …

A federal judge dismissed on Monday a lawsuit by President Donald Trump’s administration seeking to force Harvard University to turn over records for an investigation into whether it continues to consider race in its student admissions process. US District Judge …

California Insurance Commissioner Ricardo Lara made two appointments and three reappointments to two of the California Department of Insurance‘s statewide governing boards: the California Organized Investment Network (COIN) Advisory Board and the Curriculum Board. Guinevere Doner and Jonathan Parfrey join …

The New York State Department of Health said on Monday that a child in Lewis County had died in connection with an ongoing measles outbreak, marking the state’s first known measles-associated death in more than 30 years. Last month, Governor …

Binance began restoring customer withdrawals Sunday after hackers drained over $6 billion in the biggest cyber theft ever recorded, as the crypto industry awaits answers on the breach blamed on North Korea and steps to strengthen the exchange’s defenses. The …

Hackers stole $6.3 billion from Binance in the world’s biggest crypto heist, putting a spotlight on how cryptocurrency exchanges insure their digital assets against theft and cyberattacks. But insurance protection is far from uniform. Coverage depends on how assets are …

A $2.2 billion underwriting loss in 2025 certainly isn’t anything to celebrate, but when it comes to U.S. commercial auto insurers, there may be a reason to crack a smile. According to a new report from AM Best, the loss …

Markel Group has entered into a reinsurance runoff agreement with Enstar Group, the legacy acquisition specialist that is providing $1.2 billion of adverse development cover for underwriting years 2025 and prior. “[W]e are taking decisive action on legacy exposures,” said …

Opterrix, a proactive risk intelligence and exposure management platform, this week launched Opterrix Portfolio Management, a new AI-powered workflow designed to help insurers gain a better understanding of their entire portfolios and make more informed underwriting and portfolio management decisions. …

A Louisiana man was arrested this week on a charge of insurance fraud for allegedly burning his pickup truck. St. Landry Parish Sheriff’s Deputies arrested Andronicus Edison, 58, of Palmetto after the Louisiana Office of State Fire Marshal’s (SFM) Fire …

AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of Upland Mutual Insurance, Inc. based in Junction City, Kansas. The outlook of these …

Insurtech Hippo posted net income for the third quarter 2026 of $9 million compared with about $98 million for the period a year ago. The San Jose, California-based insurer said the drop in net income was due to a $91 …

The Environmental Protection Agency’s response to the disastrous 2023 East Palestine train derailment will be investigated after local residents of the small town on the Ohio-Pennsylvania border and Vice President JD Vance pressed for the review. The Inspector General of …

President Donald Trump said Tuesday that his administration is “terminating” a Biden-era rule that aimed to cut planet-warming emissions of methane from oil and gas drilling. Trump said during a campaign rally in Texas that the change would save companies …