Despite increasing corporate efforts to hire from more diverse backgrounds, private school alumni remain dominant among the most powerful positions in British society, according to a sprawling new report on social mobility in the United Kingdom. New data from social …

Meta Platforms Inc. is set to face a charge sheet from the European Union for failing to adequately police illegal content, risking fines for violating the bloc’s content moderation rulebook. The European Commission is preparing to issue preliminary findings saying …

Amazon.com Inc. agreed to pay $2.5 billion in penalties and refunds and change its process for how to cancel its Prime subscription to settle a lawsuit by the US Federal Trade Commission. The company will pay $1 billion in civil …

Specialty Program Group LLC, an operator of specialty insurance distribution, underwriting, and consulting businesses, is consolidating its wholesale businesses under a single division called SPG Wholesale. Monarch E&S, Beacon Hill Associates, Specialty Wholesale Insurance Solutions (SWIS), Capitol Special Risk, and …

Another Florida-based insurance-related company has announced it is going public. Exzeo Group, a technology subsidiary of Tampa-based HCI Group, parent of Homeowners Choice Property & Casualty Insurance Co., filed an initial public offering registration on Thursday. That makes the third …

Heather Clark has juggled working full-time for an insurance agency and caring for her young daughter for the past five years. “When you have a kid at home, you can’t answer the phones, and you can’t have that personal interaction,” …

California-based ALKEME Insurance announced it has acquired Alliance Brokerage Corp., a Melville, New York-based property/casualty agency. The acquisition strengthens ALKEME’s presence on the East Coast and adds insurance and risk management expertise in both real estate and construction insurance. Alliance …

Tom Pratt, head of public policy and government affairs at property insurance MGA Delos Insurance Solutions, has been appointed to the legislative committee of the Surplus Line Association of California. Delos is headquartered in San Francisco, California. The Surplus Line …

CIC Services LLC and the Ragnar Group Inc. have launched a captive domiciled in Utah focused on the hospitality sector. The companies say the captive is intended to solve the challenge of being misclassified. The new group captive applies underwriting …

A philosophy lecturer recently revived his First Amendment claim against a state university that refused to rehire him because of some of his controversial off-campus political comments and activities that the school said were disruptive to its educational mission. A …

Families appealing the dismissal of their lawsuits alleging that Kenvue’s Tylenol or generic versions of the pain-relief medication caused their children’s autism are asking an appeals court to consider President Donald Trump’s new advice that pregnant women avoid the pain …

Alphabet’s Google is likely to be hit with its first fine under landmark new EU tech rules in the coming months, and the European Commission is now drafting its decision, three people with direct knowledge of the matter said. Acting …

ZestyAI, a provider of AI-powered property and climate risk analytics, announced that its non-weather water risk model, Z-WATER, has received approval in Wisconsin for use in underwriting and writing. With this approval, insurers in Wisconsin can begin using Z-WATER to: …

Whether it comes from courtrooms or the Capitol, Minnesota’s cannabis laws look in need of clarification in response to wide interpretations by cities. Local governments by law can cap the number of cannabis retailers, place restrictions on where businesses are …

The new South Texas city established by Elon Musk’s SpaceX employees, Starbase, will assume control over certain parts of the beach near the rocket company’s launch site. Cameron County commissioners approved the agreement to hand over a portion of Boca …

A shooting at an Immigration and Customs Enforcement center in Dallas left one detainee dead and two others critically injured in what federal officials described as a “targeted attack” against the agency. Federal Bureau of Investigation Director Kash Patel tweeted …

This year’s Atlantic hurricane season has so far lagged behind long-term trends, generated oddities and left seasoned forecasters scratching their heads. But now it’s finally shaking off the doldrums and spinning up storms. Tropical Storm Humberto formed Wednesday north of …

Suspected Chinese hackers are behind an ongoing cyberespionage campaign against US technology companies and legal firms, stealing national security secrets often while remaining undetected, according to Alphabet Inc.’s Google. The hacking group, which Google tracks under the code name UNC5221, …

Global specialty insurance firm Ryan Specialty announced the formation of Clach Casualty Underwriting Managers, a managing general underwriter (MGU) focused on providing casualty insurance for complex construction and habitational real estate risks. Clach Casualty began operations in September 2025, and …

About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program (NFIP) will soon expire—a prospect that could cause coverage lapses for policyholders with expiring contracts at the traditional height of hurricane season, and major problems for …