The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states, four EU diplomats said. The Commission proposed …

After deadly flooding in central Texas in 1987, some thought they’d proven they could handle Mother Nature’s best punch. Then came this month’s horrific flash floods, when unfathomable amounts of rain fell in only hours and more than 100 people …

The team of hurricane researchers at Colorado State University shaved off a storm from its original Atlantic hurricane season forecast, and now sees a “slightly” above normal season. High levels of observed Caribbean wind shear, which break up storms, is …

Montse Aguilar was a healthy 51-year-old woman when she started her shift cleaning streets in Barcelona at around 2:30 p.m. on June 28. The Spanish city was under alert for high temperatures amid a brutal heat wave that brought record …

Arch Insurance North America said five of its executives were named to the newly-created roles of division presidents, effective Aug. 1. Linda Fallon has been named Division President, Consumer Business, which includes the Travel, Accident & Health unit and the …

The Silicon Valley venture capital firm Andreessen Horowitz is reincorporating its business from Delaware to Nevada and calling for its portfolio companies to do the same — citing concerns over bias in the state “against founders and their boards.” The …

The Delaware Supreme Court rejected the legitimacy of expert testimony linking the heartburn drug Zantac to cancer, in a major win for makers of the product. In a unanimous ruling Thursday, the state’s highest court agreed with the argument of …

Philadelphia-based law firm Dechert said on Thursday that a pair of U.S. lawsuits accusing it of using hired hackers to win in court have been resolved without any admission of liability. Dechert and others, including U.S. public relations operatives and …

The UK’s National Crime Agency has arrested four people over a series of disruptive cyberattacks that targeted leading British retailers earlier this year. The authorities detained three teenage males and one 20-year-old female in the West Midlands and London on …

The Nevada Department of Business named Ned Gaines acting commissioner at the Nevada Division of Insurance. The appointment follows the departure of Scott Kipper, who had served as commissioner since 2023. Recruitment to fill the position on a permanent basis …

The mountain village of Ruidoso returned to the grim rituals of rebuilding after flash flooding and a deadly natural disaster, just one year after wildfire and intense flooding reshaped the popular vacation getaway and its surroundings. Broken tree limbs, twisted …

Rosenberg & Parker (R&P), headquartered in Wayne, Pennsylvania, named three new partners who join CEO Matt Rosenberg and Sr. Partner Chad Rosenberg as owners. New partner President Jack Rosenberg joined R&P as a producer in 2018 after beginning his career …

Glastonbury, Connecticut-based Smith Brothers Insurance LLC announced that it acquired Charter Oak Agency effective July 1, 2025. Charter Oak Agency, an independent insurance agency with offices in Westport and Derby, Connecticut, will retain these locations, further strengthening Smith Brothers footprint …

Cindy Manley was a summer camp counselor in 1987 when a different devastating flood scarred the Texas Hill Country. The Heart O’ the Hills camp is on the Guadalupe River, where a massive search continues for more than 160 people …

Nebraska Attorney General Mike Hilgers filed a lawsuit this week alleging General Motors and its telematics service provider OnStar collected driving data without consumers’ knowledge or consent to create driving scores that were later sold to insurance companies and used …

Michigan Attorney General Dana Nessel announced a $4.5 million settlement with six Detroit-area nursing homes and their ownership companies, Villa Financial Services LLC and Villa Olympia Investment LLC, over allegations that they accepted taxpayer funds while providing grossly substandard care …

Global claims services provider McLarens has appointed Danny Miller as Chief Global Strategy Officer (CGSO), a newly created role within the firm’s Global Management Team (GMT). This strategic addition to the leadership team reflects McLarens’ continued growth and commitment to …

Though natural disasters cycle across seasons and regions in the U.S., it’s often a shocking discovery for property owners how expansive and expensive flood and water damage can be when a major storm devastates their homes, businesses and communities. That’s …

A Honduras woman this week was sentenced to less than two years in federal prison for her role in paying Florida construction workers off the books and avoiding $1.2 million in workers’ compensation premiums and almost $2 million in federal …

The US slapped sanctions on individuals and companies linked to a scheme that involves recruiting North Koreans to pose as American tech workers and help fund Kim Jong Un’s regime. The Treasury Department’s Office of Foreign Assets Control imposed penalties …