Jurors failed to reach a verdict on Tuesday in the corruption trial of two fired FirstEnergy Corp. executives charged with alleged roles in a $60 million scheme to bribe politicians for a $1 billion nuclear bailout and other favors. The …

When pollution gets bad enough in the rivers supplying Iowa’s largest city with drinking water, it costs Des Moines around $16,000 a day to run a special system to filter out dangerous nitrates. It’s a fact of life in the …

Hailstorms drove record insured damages as severe convective storms become more common and damaging, popping up in new places, a new report shows.

Three paintings by French masters Pierre-Auguste Renoir, Paul Cézanne and Henri Matisse stolen from a museum in northern Italy last week were probably not insured, according to market sources. One fine art underwriter told the Reuters publication The Insurer that …

The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans under the market regulator’s trimmed, final bill for one of Britain’s costliest financial mis-selling scandals. The headline number, unveiled by …

In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing overhead, it could finally sail safely out through the Strait of Hormuz and …

Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, sending oil prices back well over $100 a barrel in a blow to consumers around the …

The Slack messages began arriving at 5:47 a.m. on a recent Monday. Three sales proposals had gone out the previous week and none of the team members had scheduled follow-ups. The reminders were crisp, professional and relentless — and they …

Markel said James Shankland has been appointed head of ocean cargo, U.S. He will lead the growth of Markel’s U.S. cargo portfolio, and be responsible for underwriting strategy, portfolio management and broker engagement. He’ll work closely with actuarial, claims, operations …

A number of Baidu Inc.’s Apollo Go robotaxis suddenly stopped on the streets of China’s Wuhan city on Tuesday, trapping passengers in vehicles and raising concerns about the safety and reliability of autonomous driving technology. Wuhan police received multiple reports …

Perplexity AI Inc. was accused in a lawsuit of surreptitiously sharing the personal information of its users with Meta Platforms Inc. and Alphabet Inc.’s Google in violation of California privacy laws. As soon as users log into Perplexity’s home page, …

About 100 of the nation’s most contaminated toxic waste sites are in areas prone to flooding and wildfires, a potential public health threat to millions of Americans in surrounding communities, the internal watchdog at the U.S. Environmental Protection Agency has …

The insurance industry relies on data to assess and price risks, and to develop products that meet policyholders’ needs. Insurance agencies and brokerages collect data about customers and their risks, and this data in turn is exchanged with underwriters to …

Lockton has expanded its presence in California across the evolving life sciences sector, hiring Cristina Varner as senior vice president and life sciences practice leader for the West region. Varner has more than 25 years of experience in the life …

Patriot Growth Insurance Services, headquartered in Fort Washington, Pennsylvania, named Jason Bowie as national cyber practice leader. Bowie has more than 15 years of experience in the insurance brokerage industry, with a background in cyber liability, errors & omissions (E&O), …

A federal judge on Tuesday ordered the University of Pennsylvania to hand over records about Jewish employees on campus to a federal agency as part of an investigation into antisemitic discrimination but said it did not have to reveal any …

California is heading into its dry season with just a fraction of the snow it typically has across its highest peaks at the end of its winter months, raising the prospects of drought across the most populous U.S. state. Statewide, …

Pennsylvania Attorney General Dave Sunday announced charges against a York County man accused of buying scrapped vehicles at a bargain, insuring them, and reporting accidents that never happened to receive lucrative insurance payouts. Taofiq Salami, of York Haven, has been …

A federal judge on Tuesday said former Twitter investors who accused Elon Musk of defrauding them by waiting too long to disclose his initial investment in the social media company may pursue their case as a class action. The decision …

A Florida public adjuster, already facing prosecution for similar alleged misappropriation in 2024, now stands accused of diverting more than $600,000 in insurance settlements for homeowners hit by Hurricane Ian. Francisco Javier Chaparro-Araus, 46, of All Elements Public Adjusters in …