An NFL team wants millions back from a sports betting service. The Jacksonville Jaguars, a team that recently found out that a finance manager stole some $22 million and lost most of it on sports bets with FanDuel, an online …

Executives at Elon Musk’s SpaceX discriminated against women, joked about sexual harassment and fired workers for raising concerns, seven former employees allege in California civil rights complaints viewed by Bloomberg. The California-based workers, who were fired in 2022 after circulating …

Hurricane Ian caused extensive damage in southwest Florida, with more than 37,000 National Flood Insurance Program claims, making it the fourth-most expensive flood disaster in U.S. history, says a new report from the Federal Emergency Management Agency. As other studies …

The European Commission recommended on Tuesday that the EU slash net greenhouse gas emissions by 90% by 2040, an ambitious target that will test political appetite for the region’s fight against climate change ahead of EU elections. Europe’s climate agenda …

Amwins Underwriting recently said it has partnered with Lancer Insurance Company, the commercial auto division of Core Specialty, for a new carrier relationship to enhance two key trucking programs provided through managing general agency and wholesale brokerage Amwins Transportation Underwriters …

Pennsylvania’s court system was hit with a cyberattack on Sunday that shut down access to key online services including those used to file documents with appellate courts and guardianship reports, as well as to view dockets and court summaries on …

Arthur J. Gallagher & Co. has acquired Fort Lauderdale-based John Galt Insurance Agency, expanding Gallagher’s presence in the beleaguered condominium and association market in Florida, the global insurance broker said in a news release. John Galt includes a commercial insurance …

Several industry groups sued US regulators to block recent overhauls to the Community Reinvestment Act, arguing the new rules meant to tackle redlining and boost lending to lower-income areas will actually discourage banks from lending. The American Bankers Association, U.S. …

In the insurance world, 2024 brings forth many challenges and transformative trends. From the escalating global risks, such as climate change and cyber threats, to the evolving role of insurers as societal safety nets, the industry is on the brink …

A U.S. appeals court on Monday refused to dismiss a Georgia doctor’s lawsuit claiming that Bayer AG’s Roundup weedkiller caused cancer, the latest setback in the German company’s efforts to fend off thousands of similar cases carrying potentially billions of …

The European Union needs to take into account its ambitious targets for solar power deployment before it considers any measures to curb imports of photovoltaic panels, wafers and other components, a senior EU official said on Monday. European Commissioner Mairead …

A Miami man posing as an insurance agent reportedly swindled at least eight people out of $29,000 by selling them fake auto insurance policies. That man, William Diehl, was arrested recently and charged with fraud and theft, Florida’s chief financial …

Inaccurate racial profiling data on traffic stops made by the Connecticut State Police was largely the result of data-entry mistakes and other mishaps, not an intentional effort by troopers to submit bogus information, according to a report by independent investigators …

Venbrook Group, LLC, based in Woodland Hills, Calif., named Brooke Norton Lais chief marketing officer. Lais will define the strategic direction and development of the company’s marketing, planning, and communication activities, working across the retail, wholesale, programs and claims services …

New Jersey is refusing to allow a shore town whose sand dunes have washed away in places to build a bulkhead to protect itself, ruling that no one is in imminent danger. The state Department of Environmental Protection told North …

Lex Greensill’s fraud and “conspiracy” with commodities tycoon Sanjeev Gupta should prevent the financier’s collapsed bank from making a $400 million claim, Zurich Insurance Group said in a London lawsuit. Greensill Bank AG’s administrators sued Zurich to recoup losses of …

It’s a new year, and one thing we can look forward to is more new states bringing their cannabis markets online. For insurance professionals, new states offer the challenges of new regulations and new clients to explain the complex world …

EU countries and lawmakers on Feb 1 agreed to rules which will require Europe-based companies to prioritize production of key products to prevent a supply chain crisis such as that prompted by the COVID-19 pandemic and Russia’s Ukraine invasion. The …

The preliminary total damage and economic loss from the intense storms and record rainfall in California this week will be between $9 billion and $11 billion, according to AccuWeather estimates released on Monday. The atmospheric river hit California Saturday and …

Liberty Mutual has confirmed it is eliminating about 250 positions, or 0.5% of its global workforce, as it continues implementing new organizational structures within US Retail Markets and Global Risk Solutions units. In an email a spokesperson said some employees …