An object bright enough to be seen streaking across the midday sky fell across parts of the Southeast U.S. on Thursday. The object was likely either a meteor or space junk, with most sightings of the streak of light and …

The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger action to combat illicit finance in crypto assets, warning that gaps in regulation could have global repercussions. The Paris-based watchdog said …

Louisiana is the latest state to redefine natural gas as green energy under a new law the Republican governor signed this week, even though it’s a fossil fuel that emits planet-warming greenhouse gases. Three other states led by Republicans— Indiana, …

Roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after their data first hinted at a problem, the National …

Cyber insurer Cowbell said it has expanded its product portfolio to include a comprehensive multi-line insurance offering from Zurich North America within the United States. Building on its established success in cyber and technology errors & omissions (Tech E&O), Cowbell …

Maria Weston Kuhn had one lingering question about the car crash that forced her to have emergency surgery during a vacation in Ireland: Why did she and her mother sustain serious injuries while her father and brother, who sat in …

Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked as doubts linger over the ceasefire between Israel and Iran, according to maritime risk analytics firm Windward and ship tracking …

BHP faces a full contempt of court hearing in Britain for funding litigation to try to prevent some Brazilian municipalities suing the mining giant over one of Brazil’s worst environmental disasters, London’s High Court ruled on Thursday. Thursday’s ruling is …

The U.S. Department of Agriculture found significant safety issues at its top research facility in an investigation of 2023 whistleblower complaints about the state of the site, the Office of Special Counsel said in a letter sent to the White …

Marsh, insurance brokerage business of Marsh McLennan, announced the launch of Cyber Unity, a new insurance facility for organizations across the European Union, as well as in Israel, Norway, Serbia, and Turkey, with revenues up to €500 million (US$581.2 million). …

GE Appliances announced a nearly half-billion-dollar project Thursday that it says will create 800 new jobs and shift production of clothes washers from China to its massive manufacturing complex in Kentucky. The $490 million investment positions the Kentucky home appliances …

North Carolina insurance producers will no longer be required to complete education courses before taking the license exam, under a bill now awaiting the governor’s signature. House Bill 737 was approved with little opposition by both chambers in the General …

Gainesville-based The Liberty Company Insurance Brokers announced Will Bradshaw as a producer in its Ponte Verde office. Bradshaw, whose family has operated a Tennessee insurance agency for more than 60 years, specializes in farm and crop insurance, commercial coverage and …

Global insurance broker World Insurance Associates LLC has acquired the business of Healey & Associates of Portland, Maine. Terms of the transaction were not disclosed. Healey has been offering employee benefits to clients throughout New England since 1982, with a …

The number of Independent Medical Review decision letters issued in response to California workers’ compensation medical disputes is trending up in the last few years after declining steadily from 2018 through 2022, a report out on Thursday shows. IMR decision …

An insurance law professional and former state legislator has launched his own insurance brokerage in Tarrytown, New York. William Lindsay III has opened Tri Pack Insurance Services, which promises to offer “highly customized, data-driven insurance” for policyholders in industries including …

Star college basketball recruit Alijah Arenas spoke publicly for the first time about the Tesla Cybertruck crash that left him in an induced coma, casting fresh attention on safety issues with the EV maker’s newest model. The University of Southern …

A judge ruled that the California FAIR Plan’s smoke-damage policy violates state law, while in another matter a lawsuit from a consumer group is drawing concern from insurers that it could push the California insurance market closer to collapse. On …

LAKE LURE, North Carolina, June 17 (Reuters) – When Hurricane Helene’s flood waters slammed into Lake Lure’s century-old dam last September, gouging a massive scar into one embankment and cascading five months’ worth of rain down its sides, town commissioner …

Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS. In addition, the report said, reinsurance capacity in certain business lines could …