When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or charred homes line roads. Heat waves cause financial damage, too, but it’s more diffuse: Farm crops might wither, construction workers …

Two key U.S. Republican senators agreed to a revised federal moratorium on state regulation of artificial intelligence to five years and allow states to adopt rules on child online safety and protecting artists’ image or likeliness. Senate Commerce Committee chair …

One person died and two others were injured after an explosion damaged several homes on Philadelphia’s north side early Sunday, according to authorities. Firefighters responded to a report of an explosion just before 5 a.m., according to the Philadelphia Fire …

Meta Platforms and TikTok owner ByteDance must face a wrongful death lawsuit by the mother of a 15-year-old Manhattan boy who died while “subway surfing” on a moving train, a New York state judge ruled. Justice Paul Goetz ruled on …

Gov. Greg Abbott wants Texas to get serious about an invasive, parasitic fly that poses a serious threat to the state’s livestock and wildlife. Abbott ordered the Texas Animal Health Commission and the Texas Parks and Wildlife Department to establish …

Firefighters made quick progress battling a wildfire in Southern California, which is now 25% contained after burning 485 acres in San Bernardino County and prompting evacuations. The Lake Fire erupted Saturday afternoon north of Crestline and Lake Arrowhead. No injuries …

Omni Hotels Management Corporation violated federal law at its Michigan Avenue location in Chicago when it discriminated against an employee by denying his request to not work on Sundays due to his religion, the U.S. Equal Employment Opportunity Commission (EEOC) …

Jeffrey Bell watched as crews dug up and replaced neighbors’ lead water pipes, hoping his mother’s house would be next. Workers told him it wasn’t on their list but probably assigned to another contractor. With Flint’s lead pipe replacement program …

A tech industry trade group sued Arkansas Friday over two new laws that would place limits on content on social media platforms and would allow parents of children who killed themselves to sue over content on the platforms. The lawsuit …

Iran-affiliated hackers remain a potential threat to critical sectors of the US economy, including defense contractors and other American organizations, according to a bulletin published Monday from the FBI, the National Security Agency, the Cybersecurity and Infrastructure Security Agency and …

A man armed with a rifle started a wildfire and then began shooting at first responders in a northern Idaho mountain community, killing two firefighters and wounding a third during a barrage of gunfire over several hours, authorities said. A …

Ahold Delhaize USA Services, the Dutch company that owns Stop & Shop and Hannaford grocery stores across New England and others across the country, reported on June 26 that a cyberattack last November likely exposed the personal information of an …

Lloyd’s has issued a statement applauding the removal of Section 899 from the Senate’s version of the Republican’s reconciliation bill, which would have could have led to substantial additional tax on the US income of non-US-domiciled businesses. UK businesses had …

The Los Angeles wildfires have generated potentially thousands of new clients for lawyers and prospects for billions in fees. Wall Street wants in on the action, too. The chance at a piece of strong returns has encouraged investment banks, hedge …

U.S.-based executives feel more prepared to counter cyber threats, potentially indicating a false sense of security because many companies lack the ability to be adequately prepared, according to a new report from specialist insurer Beazley. According to the report, “Spotlight …

The United States and the Group of Seven nations have agreed to support a proposal that would exempt U.S. companies from some components of an existing global agreement, the G7 said in a statement on Saturday. The group has created …

One of the giant Generali signs that crown the Italian insurer’s head offices in Milan collapsed on Monday, remaining atop the 170 meter-high (558 ft) skyscraper but at risk of crashing to the ground, firefighters said on Monday. Generali, which …

This edition of Interntional People Moves details appointments at Liberty Specialty Markets and SiriusPoint. A summary of these new hires follows here. Liberty Specialty Markets Taps CNA Hardy’s Butt as Head of Casualty Claims, UK Liberty Specialty Markets (LSM), part …

AEGIS London, a top quartile Lloyd’s syndicate, has announced significant enhancements to its political and financial risk (PFR) offering. The syndicate has increased its sovereign non-payment (CF) and political risk (PR) line sizes from $20 million to $30 million, and …

Eleven former executives of companies linked to Miteni SpA were sentenced to a combined 141 years in prison by an Italian court for one of the largest groundwater contaminations of forever chemicals in Europe. Parent company Mitsubishi Corp., Japan’s biggest …