HDI Global Insurance Company (HGIC), the U.S. carrier of international Corporate & Specialty insurer HDI Global (HDI), headquartered in Chicago, Illinois, appointed Bruce Griffin as head of casualty. Griffin is based out of HGIC’s Chicago headquarters. Griffin, who previously served …

Southern California Edison has reached a settlement agreement with several intervenors to allow the utility to recover about $2 billion of $5.6 billion in losses tied to the 2017–2018 wildfire and mudslide events. Out of the $2 billion, about $1.6 …

The European Union proposed a complete ban on imports of Russian liquefied natural gas from Jan. 1, 2027, as part of its latest measures to curb President Vladimir Putin’s ability to wage Moscow’s war against Ukraine. The EU also proposed …

Many commercial auto insurers are in a holding pattern, waiting to see how some states’ litigation reforms are enacted and enforced. However, there seems to be some positive signs for buyers. Insurance Journal’s Andrea Wells spoke to Jennifer Nuest, transportation …

Transportation company Lyft has paid the state of New Jersey $19.4 million to settle a case involving misclassification of more than 100,000 drivers as independent contractors. According to the New Jersey Department of Labor and Workforce Development (NJDOL), an audit …

British insurance companies are paying £200 million ($270 million) to compensate motorists whose claims were underpaid, the Financial Conduct Authority said on Friday. Insurers including Direct Line Insurance Group Plc and Admiral Group Plc are getting in touch with about …

Hong Kong is facing a period of heavy rain and strong winds as two storms brew in warm tropical waters, with one system forecast to intensify into a super typhoon next week. A tropical depression is currently spinning in the …

Xiaomi will issue a software update for over 115,000 of its popular SU7 electric sedans to fix potential safety issues when its assisted driving features are used, a Chinese regulator said in a product recall notice. It is the second …

Nippon Life Insurance Co. sees its overseas project finance lending climbing 11% to a record high this year due to surging demand to fund AI data centers in the US and elsewhere. The outstanding amount of such loans provided by …

It should come as no surprise that Hollywood has not made many movies about insurance—arguably among the least glamorous of industries. However, there are three insurance-themed films worth watching. Two from the 1940s film noir era are Double Indemnity and …

The Trump administration on Thursday launched an effort to speed development of power plants and transmission lines as artificial intelligence boosts demand, even as it orders fossil fuel plants set to shut for good to keep operating. The Department of …

XPT Specialty added Rachel Gary to its Pacific Northwest team in its Seattle, Washington office. Gary has more than two decades of insurance industry experience, previously serving a decade-long tenure at Hull & Company, where she progressed from underwriting associate …

A federal judge has granted an injunction against the Vermont judiciary in a legal action brought by news outlets aimed at curbing delays when seeking newly filed civil lawsuits. The ruling issued this month by Judge Christina Reiss is the …

ACE American Insurance Co. is suing to recover $500,000 it paid in ransomware damages to a staffing company, claiming cloud computing and cybersecurity firms contracted by its policyholder should instead be held responsible due to their alleged negligence. The insurer …

Via Transportation Inc., the public transit software maker that went public last Friday, will partner with Waymo to launch autonomous shared rides in Arizona this fall. The program will start in Chandler, whose existing Flex service lets the public book …

A copyright infringement lawsuit former Congressman George Santos filed against talk show host Jimmy Kimmel and ABC was properly dismissed by a lower court judge, an appeals court said Monday. The 2nd U.S. Circuit Court of Appeals in Manhattan rejected …

A Clark County, Washington excavating company was fined $140,500 for knowingly putting workers in danger after a Washington Labor & Industries inspector witnessed employees pulling co-workers out of a 12-foot-deep trench where they were installing a new sewer line. According …

The US Justice Department accused a British teenager on Thursday of engaging in a yearslong spree of cyberattacks that targeted 47 American organizations and netted more than $100 million in ransom payments. Thalha Jubair, 19, from London, participated in a …

Residents of Jefferson Parish, Louisiana could soon see a reduction in flood insurance premiums, after the parish improved its class rating for the National Flood Insurance Program (NFIP). Jefferson Parish’s Community Rating System (CRS) will improve from a Class 5 …

One of the nation’s first doctors accused of illegally providing care to transgender youth under GOP-led bans was found to have not violated the law, Texas Attorney General Ken Paxton’s office says, nearly a year after the state sued the …