The Iran war is “supercharging” the world’s shift to renewable energy, as countries scramble to reduce their exposure to volatile oil and gas markets, the U.N. climate secretary said on Thursday. The U.S.-Israeli war with Iran has upended oil and …

A few Iran-linked vessels are making their way through the Strait of Hormuz, as the crucial waterway remains effectively closed to most international shipping amid blockades by both Tehran and the US. Just a single Iran-linked fuel tanker was observed …

Camp Mystic on Thursday said it has withdrawn its application for an operating license, a decision that means it will not reopen to campers this summer. The decision follows a grueling hearing earlier this week when Texas lawmakers pushed the …

Michigan Attorney General Dana Nessel has secured an agreement with Northeast Gravel Company and Boulder Creek Development Corporation to address PFAS contamination at their Belmont property. The Administrative Order on Consent (PDF) requires the companies to investigate the extent of …

Glass shards flew everywhere as Eric Gockel waited out one of the worst hailstorms to hit Missouri. One of the softball-size hunks of ice that hit the Springfield area on Tuesday measured 4.75 inches (12 centimeters). The hail killed an …

A band of severe storms bearing down on central Texas has raised concerns about flooding, with heavy rains expected near the site of last year’s deadly Fourth of July floods. Communities in the Texas Hill Country could see up to …

Two new products on the market could help reduce losses and property insurance claims in storm-prone parts of the Southeast and beyond, makers announced recently. Flood Risk America, based in Lake Worth, Florida, said it has expanded its flood protection …

A Kentucky insurance agent charged with swiping premium payments from a church pleaded not guilty this week. Glen David Ramey, of Murray, Kentucky, is scheduled for a preliminary hearing in district court on May 13, the Murray Ledger and Graves …

Historically, executing decisive, effective workers’ compensation claims has been a work in… well, compensation. As in compensating for holes in data that, if available or accessible, would help deliver far more expedient, cost-effective and successful outcomes for all parties. These …

A businessman accused of stealing more than $50 million from hundreds of people in upstate New York as part of a massive Ponzi scheme pleaded guilty this week to charges stemming from the fraud, according to the state attorney general. …

A New Jersey jury has awarded $5.2 million to a Watchung man who suffered spinal injuries after being hit in an accident in a Costco parking lot in 2017. The jury rejected the claim by the other driver and his …

The Workers’ Compensation Insurance Rating Bureau of California has submitted a September 1, 2026, pure premium rate filing to the California Insurance Commissioner proposing advisory pure premium rates that will be on average 10.4% above the average approved September 1, …

The Insurance Industry Charitable Foundation celebrated more than $670,000 in IICF Community Grants awarded across the region to 78 nonprofit partners at its 11th annual IICF Western Division Horizon Award Gala. The event was held drew insurance leaders from across …

Reflecting the property protection philosophy that has driven the company for nearly two centuries, commercial property insurer FM has earned a Guinness World Records title for the world’s largest display of fire sprinklers. A total of 1,007 sprinklers line the …

California regulators apologized to SpaceX CEO Elon Musk this week as they settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executive. As part of the settlement, the California Coastal Commission …

Insurtech car insurance provider Root said it has started a 24-hour agent appointment program to allow independent insurance agents to complete onboarding and begin selling policies in as little as one day. Root Insurance said traditional insurance carrier onboarding often …

Kansas Insurance Commissioner Vicki Schmidt announced a Cherokee County man has been sentenced to 24 months of probation for insurance fraud. Chad Ashe, aged 43, pleaded guilty on January 21, 2026, in Cherokee County District Court to one felony count …

The Bank of England’s regulatory arm on Wednesday set out plans to tighten the capital treatment of funded reinsurance, a type of deal in which life insurers pass on risk to offshore reinsurers. British life insurers will have to increase …

Some of the biggest names in oil trading are becoming embroiled in a complex web of disputes that could be worth many billions of dollars, as the industry wrangles over who should be liable for contracted shipments that weren’t delivered …

Insurtech Lemonade reported a first quarter 2026 net loss of about $35.8 million compared with a loss of about $62.4 million during the same time in 2025. However, Lemonade said its topline growth was positive, with 159% increase in year-to-year …