California Gov. Gavin Newsom declared a planned Trump administration proposal to sell new oil drilling rights off the U.S. West Coast “dead on arrival.” The draft proposal prepared by administration officials, first reported by Bloomberg in October, sets the stage …

Macquarie Insurance Facility (MIF) has announced its intention to launch Longbrook Insurance, a multi-line underwriting business, backed by highly rated carriers. Part of Macquarie Asset Management, MIF is a global insurance aggregator, which aggregates approximately $US1.8 billion of premium spend …

The Arkansas Department of Commerce announced last that Governor Sarah Huckabee Sanders has appointed Jimmy Harris as the new Arkansas Insurance Commissioner. Harris will be sworn in on Wednesday, November 5. As commissioner, Harris will lead the Arkansas Insurance Department …

Michigan Attorney General Dana Nessel and Deputy Solicitor General Eric Restuccia testified before the Senate Civil Rights, Judiciary, and Public Safety Committee last week in support of a bill that would strengthen the state’s anti-terrorism law. Senate Bill 502, sponsored …

Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue. In October, …

Instability in Yemen and the Horn of Africa is fueling a resurgence in maritime piracy off Somalia, a cause for concern in one of the world’s busiest shipping corridors. At least three recorded incidents have taken place off the Horn …

Australia’s spy chief has accused hackers working for China’s government of probing his nation’s communications and infrastructure networks. In a speech to a financial regulation conference on Wednesday in Melbourne, Mike Burgess, director-general of the Australian Security Intelligence Organisation, said …

China has activated emergency plans for three astronauts who are stuck in space after debris crashed into their spacecraft. A safety assessment and other analysis of the Shenzhou-20 spaceship are being organized, the China Manned Space Engineering Office said in …

Jamaica has invested tens of millions of dollars in bolstering coastal defenses by planting mangroves, building seawalls and strengthening urban infrastructure. It wasn’t close to enough to withstand Hurricane Melissa’s 185-mile-an-hour winds and 13-foot storm surge that destroyed thousands of …

As Japan gears up for its busiest beer-drinking season, the country’s largest brewer is struggling to stay on tap — with its systems still crippled more than a month after a cyberattack disrupted its supply chain. The ransomware attack on …

The rising cost of homeowners’ insurance has emerged as of the top key issues in the minds of Texas voters, according to a recent survey conducted by Texas 2036. When asked about the next election, Texas voters ranked homeowners’ insurance …

A Michigan insurance agent was arraigned on Oct. 31 in Oakland County District Court for allegedly forging letters from his insurance clients to embezzle funds, announced Michigan Attorney General Dana Nessel. Robert Joseph Bucko, 70, of Novi, allegedly collected full …

Shell has challenged its defeat in an arbitration case against U.S. liquefied natural gas producer Venture Global in the New York Supreme Court, a legal filing seen by Reuters shows, weeks after rival BP won a similar $1 billion-plus arbitration. …

Alliant Insurance Services has expanded its footprint in Texas with the strategic acquisition of Highpoint Insurance Group, a multi-line broker located in Friendswood. Highpoint Insurance Group, with 44 employees, will operate as Alliant following the acquisition. The firm serves the …

A vehicle transporting passengers at a Washington, D.C.-area airport hit a dock at the building Monday afternoon, sending 18 people to the hospital, according to officials. A mobile lounge, which transports passengers between the terminal and aircraft, struck the dock …

New York City firefighter died Saturday after suffering a medical episode while battling a five-alarm fire at a Brooklyn apartment building, authorities said. Patrick D. Brady, 42, went into cardiac arrest while working on the roof of the six-story building …

United Airlines has asked a federal judge to dismiss a lawsuit claiming it unfairly charged passengers extra money to sit in “window seats” that, to their surprise, lacked windows. Passengers filed proposed class actions in August against United and Delta …

Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder. In a letter to Berkshire …

International Underwriting Association Names Convex’s Butt as Chair Theo Butt, chief Executive Officer, UK for Convex Insurance, has been elected as the new chair of the International Underwriting Association (IUA). He will take over from Claire McDonald, chief executive officer …

New York Attorney General Letitia James has issued a consumer alert encouraging New Yorkers to report companies not disclosing their use of algorithmic pricing, as a new state law requires. Algorithmic pricing allows companies to automatically adjust prices based on …