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 …

King tides have inundated parts of both U.S. coasts, flooding streets and sending seawater into homes and businesses in beach communities in California, Florida and the Carolinas. The tides began with the full moon earlier this week and could cause …

A fire at a national lab in South Carolina that is in a complex where key parts for nuclear bombs were once made triggered an emergency declaration Wednesday that shut down incoming traffic and restricted air and rail service in …

Bayer won a trial over claims by three women that its Roundup weedkiller caused their cancer, while awaiting a broader ruling from a separate court on the company’s $7.25 billion effort to settle other Roundup cases. The trial, which ended …

Japan is facing an intense wave of AI-powered cyberattacks that’s laid bare the vulnerability of one of the world’s largest economies to a new breed of hacking. Dozens of incidents affecting companies from brokerages to delivery firms have made data …

HSBC Holdings Plc is looking to offload credit risk on data center loans to insurers as demand for artificial intelligence-related finance continues to grow. The bank is holding preliminary discussions with insurers about a series of project finance deals, some …

Hackers siphoned off $6.3 billion from crypto exchange Binance in the biggest heist that the digital-asset industry has ever faced, the latest in a slew of security incidents afflicting the financial sector. The world’s largest crypto trading platform suspended withdrawals …

A security breach at Binance involving up to $6.3 billion is the biggest crypto hack on record, raising fresh questions about the industry’s ability to protect digital assets as it seeks to woo traditional finance. The incident at the world’s …

Zillow said on Wednesday it will pay $212.5 million in cash to settle a class action accusing the online real estate marketplace of misleading shareholders about its failed Zillow Offers home-flipping venture. The Seattle-based company did not admit wrongdoing in …

A Greek container ship has sunk after being hit by naval drones off Bulgaria on Wednesday, the Bulgarian government said, in the latest of a series of strikes in the western Black Sea this month that have raised concerns about …

Much of the Miami Beach skyline, on ground that’s just a few feet above sea level, is sinking. But some of the iconic skyscrapers there are sinking at different rates and much of the subsidence is due to non-stop building …

The most prominent glaciers in Colorado thinned dramatically over the past year due to record low mountain snow and record warm temperatures, according to new research. Their shrinking is on par with recent observations of glacier loss across the planet …

Lyft is paying $1.8 million in civil penalties to resolve allegations that it violated California privacy and unfair competition laws by failing to let consumers opt out of the sale or the sharing of their personal information. The settlement also …

Pennsylvania Governor Josh Shapiro this week signed legislation meant to improve homeowners’ understanding of potential flood risk during the home-buying process. The new law (House Bill 1704) will require sellers to inform buyers about their home’s flood risk. Under the …

Nippon Dynawave Packaging Co. faces $77,800 in fines after an employee nearly became engulfed in hot pulp while attempting to shut off a valve at the company’s Longview, Washington mill. The Washington State Department of Labor & Industries cited the …

A battery system installed in a Buffalo, New York, apartment building will store excess energy when it’s plentiful and power the building when the grid is strained and electricity is costly. The manufacturer and state officials hope it will show …

New York is enacting farther-reaching restrictions on companion chatbot behavior, as states increasingly move to protect children who use artificial intelligence, regulate how employers deploy AI systems and push developers to prevent an AI-caused catastrophe. Legislation signed Wednesday by Gov. …