The insurers of the Nord Stream pipelines don’t have to pay €580 million ($662 million) after a judge ruled that the sabotage of the pipes bringing Russian gas into Europe was the consequence of the war in Ukraine. Nord Stream …

Insurance broker Hub International Holdings Inc. is seeking to raise about $3 billion in its initial public offering, according to people familiar with the matter. The Hellman & Friedman-backed company is targeting going public as soon as this year, some …

Precious few U.S. corporations have been in business for two centuries. Among them are King Arthur Flour (1790), CIGNA (1792), Jim Beam (1795) and Brooks Brothers (1818), although the storied suit-maker entered bankruptcy proceedings in 2020 due to a plunge …

Western Europe is bracing for the summer’s third major heat wave, fueling dangerous wildfire conditions and straining power systems across the region. A high-pressure weather system is set to bring heat wave conditions this week to France, southern England and …

At least eight ships controlled by Japan’s Mitsui OSK Lines Ltd. are heading out of the Strait of Hormuz using a route close to Iran, including some of the last trapped oil tankers to exit the waterway. The vessels include …

American International Group (AIG) said it has hire Christine Williams to be head of global client and broker relationships. Williams will begin this new role at AIG on Sept. 1 and report to Jon Hancock, CEO of AIG’s General Insurance …

The New York City Health Department is investigating a cluster of 18 cases of Legionnaires’ disease in the Upper East Side neighborhoods of Carnegie Hill and Yorkville. The city reports there have been no deaths associated with this cluster. Legionnaires’ …

Prosecutors are allowed to review medical records related to Tiger Woods ‘ March vehicle crash and subsequent arrest in Florida on suspicion of driving under the influence, a judge has ruled. Judge Darren Steele approved an agreement last week between …

The co-owner of a Maine lumber mill has died from injuries he sustained during a fire and explosion at the facility, bringing to three the number of fatalities. Alden J. Robbins died last Thursday from injures he suffered in the …

Alex Murdaugh was back in court Monday on charges he killed his wife and son, appearing silently at a pretrial hearing that was mostly short on substance but long on spectacle as the true crime sensation continues to captivate. Murdaugh’s …

Alphabet’s Google on Thursday lost its long-running fight against a record EU antitrust fine for using its Android mobile operating system to block rivals, a court ruling which is seen as likely to boost Europe’s crackdown on Big Tech. The …

Europe is taking tougher action against tankers falsely using Cameroon’s flag registry to transport Russian oil, including boarding vessels at sea, prompting Cameroon to dump 39 such vessels from its ship registry, according to officials and documents. On June 8 …

The world must urgently develop guardrails to contain the threat posed by artificial intelligence, Britain’s foreign secretary is set to warn. Yvette Cooper will say that AI may become the “greatest security challenge of the next decade,” calling for international …

The FBI is investigating whether a subsidiary of the data-collection firm Alarum Technologies Ltd. had a role in linking customers’ home internet devices without their consent into a network that people can use to disguise their locations, according to documents …

Maybe it’s the result of a softer market. Or maybe deliberate carrier investments in agency relationships are paying off. First Connect Chief Executive Officer Aviad Pinkovezky tossed out the two possibilities to explain the markedly improved picture of agents’ ability …

Now that a new Alabama law has had time to take effect, the state Department of Insurance has lifted a 16-month moratorium on new captive insurance companies in the state. A captive manager and supporter of the new law said …

A Supreme Court that has expanded gun rights will consider whether bans on semiautomatic rifles, often called assault weapons, violate the Second Amendment. The justices said Tuesday they will hear appeals challenging bans on the AR-15 and similar semiautomatic firearms …

AM Best placed under review the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Topa Insurance Company in Calabasas, California. The review includes subsidiary Dorchester Insurance Company Ltd. in the U.S. Virgin …

New Jersey law enforcement officials have brought charges against 63 people for their roles in a car theft trafficking enterprise that allegedly shipped scores of stolen, high-end vehicles to buyers in West Africa. Officials said their investigation found that the …

In Kimberley Kausen’s home, a passed “sell by” date on a jug of milk means different things to different family members. For her daughter, it means the jug belongs in the trash. For her husband, it means the milk is …