Greensill Bank, a subsidiary of collapsed finance firm Greensill Capital, is suing Britain’s business department for just over 330 million pounds ($441.7 million) after it canceled guarantees for COVID-19 business loans, court documents showed. The administrators of the German-based bank …

Venezuela’s oil industry is running its day-to-day operations via phone calls and handwritten reports in the month since a cyberattack on state-owned oil giant Petróleos de Venezuela SA. A Dec. 15 attack shut down PDVSA’s system, leaving the company to …

A raft of European countries could face a one-notch credit rating downgrade if tensions with the U.S. over Greenland fracture NATO and raise the prospect of more trouble with Russia, Fitch’s top sovereign analyst said on Thursday. Fitch already applies …

An exchange-traded fund tied to bets on natural disasters has started trading in London, after becoming the first such ETF to attract a lead market maker.The KRC Cat Bond UCITS ETF was launched with the goal of drawing more retail …

The National Association of Insurance Commissioners (NAIC) recently announced its 2026 committee leadership “Chosen by their peers, our 2026 committee leaders bring unique skills, backgrounds, and viewpoints to the challenges and opportunities we face, reflecting the strength of the state-based …

U.S. senators late on Monday unveiled draft legislation that would create a regulatory framework for cryptocurrency which, if signed into law, would clarify financial regulators’ jurisdiction over the burgeoning sector, potentially boosting digital asset adoption. The crypto industry has long …

Publishers Hachette Book Group and Cengage Group asked a California federal court on Thursday for permission to intervene in a proposed class action lawsuit against Google over the alleged misuse of copyrighted material used to train its artificial intelligence systems. …

Deadly floods prompted South Africa’s iconic Kruger National Park to shut to further visitors, after extreme rainfall killed dozens in the northeast of the country and neighboring Mozambique. The South African Weather Service on Thursday issued its highest weather warning …

Poland fought off a wave of cyber threats from Russia which targeted its energy infrastructure in December, Prime Minister Donald Tusk said. A series of attacks in the last days of the month hit two power plants and renewable energy …

The South Carolina Workers’ Compensation Commission this week banned all wireless communication devices, including cellphones, laptop computers, cameras and even smart watches, from the Commission’s courtroom. The bulletin, issued Jan. 12, said the order does not apply to staff, lawyers, …

Less than a month after Stonetrust Commercial Insurance announced it had expanded into North Carolina, the workers’ compensation carrier has added South Carolina to its sphere of influence. Based in Baton Rouge, Louisiana, Stonetrust now writes workers’ comp and employers …

Virginia officials are touting the state’s efforts in strengthening oversight of the state’s 300 nursing homes, including filling leadership and inspector positions and improving how complaints are handled. “Virginia families deserve confidence that when a loved one lives in a …

Palo Alto, California-based NEXT Insurance will now be operating as ERGO NEXT Insurance, a new brand identity that the company says reflects its next phase of growth as a small businesses insurance provider. The updated brand follows NEXT’s integration with …

New Jersey Governor Phil Murphy yesterday signed into law a measure providing employment protections for paid first responders diagnosed with post-traumatic stress disorder under certain conditions. The New Jersey First Responders Post-Traumatic Stress Disorder Protection Act (S2373/A2145) prohibits employers from …

Tracey Fallon has been named office president for wholesale insurance broker CRC Group’s first Virginia office. Fallon will lead CRC Specialty’s recently opened Richmond office, strengthening CRC’s presence in the Mid-Atlantic region. Fallon has over a decade of experience in …

Nearly 1,000 households displaced by catastrophic wildfires on the Hawaiian island of Maui are anxiously awaiting word on whether federal assistance helping them stay housed will be left to expire, forcing them to find new housing or pay more for …

On Thursday January 15, at about 2:20 p.m., New York State Police responded to a report of a multi-vehicle crash on I-81 southbound, south of Exit 73 in the town of LaFayette, a rural community about 15 moles south of …

There has been no shortage of analyses and reporting released for the one-year anniversary of the January 2025 Los Angeles wildfires, which destroyed more than 16,000 properties and have generated more than $22 billion in claims so far. A one-year …

The U.S. Environmental Protection Agency (EPA) has reached a $1.1 million civil penalty settlement with a wholesale food and snack distributor in Massachusetts. The EPA said Home Market Foods violated federal Clean Air Act (CAA) chemical safety requirements at its …

An Oklahoma state senator has proposed a package of insurance reform bills she says will tackle the state’s skyrocketing insurance costs. Democrat Sen. Julia Kirt, the Minority Leader of the Oklahoma Senate, has pre-filed three insurance-related bills ahead of the …