Third quarter 2024 net income at W.R. Berkley Corp. increased nearly 40% compared to the same period a year ago Net income was about $511 million for Q3 2025 compared to net income of about $365.6 million a year ago …

Target Corp. is testing the sale of hemp-derived THC beverages at a handful of locations, marking an important milestone for an industry that’s largely been shut out of national chains. THC beverage makers initially confirmed the move. The chief executive …

LONGVIEW — In this part of Texas, residents stock up on bottled water in between boil notices. It’s part of life in a place where water pipes are old, corroded and falling apart. In the High Plains, near Lubbock, farmers …

The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the vessel, the European Union’s naval force Aspides said in …

Alphabet’s Waymo plans to launch its fully driverless ride-hailing service in London in 2026, the robotaxi firm said on Wednesday [Oct. 15], as it looks to expand its footprint to major international cities. Waymo has grown slowly but steadily over …

Energy Transfer LP has pushed back its targeted final investment decision for the proposed Lake Charles liquefied natural gas export project in Louisiana to the first quarter of 2026 from the end of this year, according to people familiar with …

Meta Platforms Inc. is building a new gigawatt-sized data center in Texas to advance its artificial intelligence efforts, the latest in a string of significant investments by the company as it looks to keep pace in the competitive AI industry. …

A federal appeals court refused a request by the U.S. government to pause a judge’s order that blocked President Donald Trump from deploying National Guard troops to Chicago. A three-judge panel of the 7th U.S. Circuit Court of Appeals on …

The J.M. Smucker Co. is suing Trader Joe’s, alleging the grocery chain’s new frozen peanut butter and jelly sandwiches are too similar to Smucker’s Uncrustables in their design and packaging. In the lawsuit, which was filed this week in federal …

A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the state’s Child Victims Act (CVA). Northeast …

The nation’s largest business lobbying group sued the Trump administration over its changes to the visa system for skilled foreign workers, teeing up a fresh battle between corporate America and the president. The US Chamber of Commerce said in a …

Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh McLennan (MMC). Nevertheless, without significant changes in large loss …

Resilience, cyber risk solutions provider, said it has expanded its appetite for technology errors & omissions (tech E&O) insurance to clients with more than $25 million revenue in the US, GBP50M in the UK and EUR 25M in the EU. …

AI systems acting without human control could one day pose a security threat, the head of Britain’s MI5 spy agency said on Thursday, although he said he was not predicting doom scenarios as depicted in sci-fi movies. Tech leaders have …

Tesla Inc.’s safety regulators in Europe are joining an expanding global effort to more closely scrutinize the door handle design popularized by the world’s leading electric vehicle manufacturer. The Dutch authority RDW, which inspects and approves Tesla’s vehicles for sale …

Italy’s government coalition has reached an agreement over a complex scheme that would see banks and insurers contributing about €11 billion ($12.8 billion) to its budget over three years. The contribution affecting the financial and insurance sector would be worth …

Vienna Insurance Group (VIG) said late on Thursday that it will acquire all shares of German insurer Nuernberger Beteiligungs AG for 1.38 billion euros ($1.61 billion) in cash. VIG will offer Nuernberger shareholders 120 euros per share, the insurer said …

To tell the public what it spends on insurance—an amount largely effected by what it calls legal system abuse—Uber has started to provide information on customers’ receipts. “To give you a sense of how bad the problem has gotten in …

Insurance broker Howden US has appointed Joe Clark as president and Dale Krupowicz as head of operations for its private risk solutions business in the U.S. Clark and Krupowicz will lead the development of Howden’s U.S. private client operations – …

A Chinese container ship has completed a pioneering journey through the Arctic to a UK port, state-run news agency Xinhua reported, cutting in half the usual transit time for the electric vehicles and solar panels aboard destined for Europe. The …