Microsoft Corp. stands to gain from new White House AI guidelines that call on the US Federal Trade Commission to show more restraint in probes involving artificial intelligence and stand down on cases that put “AI innovation” at risk. The …

This edition of International People Moves details appointments at Allianz Commercial and Canopius Group. A summary of these new hires follows here. Allianz Commercial Names Nguyen-Huu, Lascar and Head for Portfolio Solutions Team Allianz Commercial announced appointments in its Portfolio …

Eagle Ship Management LLC (ESM), based in Stamford, Connecticut, pleaded guilty to violating the Act to Prevent Pollution from Ships (APPS) by deliberately polluting U.S. waters off the coast of New Orleans from the M/V Gannet Bulker, a foreign-flagged bulk …

The biggest tech companies are warring over who’s responsible for children’s safety online, with billions of dollars in fines on the line as states rapidly pass conflicting laws requiring companies to verify users’ ages. The struggle has turned into a …

Five years after a $60 million bribery scheme funded by FirstEnergy Corp. came to light in Ohio, expert observers say the resulting prosecutions, lawsuits, penalties and legislation haven’t led to enough change and accountability to prevent politicians and corporate executives …

A Kentucky tobacco warehouse manager at the center of a long-running crop insurance fraud scheme has agreed to pay millions in restitution for his role in enabling the fraud. Thomas Kirkpatrick, of Danville, pleaded guilty last week to conspiracy to …

Johnson & Johnson Inc. announced it is acquiring the assets of Erickson-Larsen, Inc (E&L). The parties expect to complete the transaction effective August 1, 2025. With offices in Maple Grove, MN, and Fargo, ND, Erickson-Larsen is a wholesale insurance firm …

Importers and exporters based in Texas have so far avoided the harshest effects of the trade war sparked by President Donald Trump’s tariffs on imports from a host of countries, but they could be in for a rude awakening come …

French insurer AXA won a London court ruling on Friday worth nearly 675 million pounds ($908 million) against Santander over the mis-selling of payment protection insurance more than two decades ago. The dispute between AXA and Santander centered on PPI …

Georgia Insurance Commissioner John King is dropping out of the race for a U.S. Senate seat after meeting with Georgia Gov. Brian Kemp. Multiple news outlets reported that King, a Republican in the commissioner’s job since 2019, has suspended his …

American Honda Motor Co., Inc. said it has started a new insurance agency, Honda Insurance Solutions, to address the insurance needs of Acura and Honda owners of cars, motorcycles, recreational vehicles, homes, and more. Honda said this is the beginning …

A car rental company in Connecticut is under no obligation to confirm whether a customer’s driver’s license is subject to any restrictions; rather it is only required to inspect the physical license card to confirm that it is facially valid …

Tesla is preparing to launch its robotaxi service in San Francisco as soon as this weekend, Business Insider reported on Friday, citing an internal staff memo. Tesla said its timeline for the launch had been moved up and the service …

Mosaic Insurance, the Bermuda-based global specialty insurer, has entered the digital asset market, launching a combined cyber and financial institutions (FI) crime product that provides robust protection to the rapidly growing, yet historically underserved sector. The new modular product suite …

The insurance agency franchise Freeway Insurance is now operating in 28 states with the opening of its newest office in Danbury, Connecticut. In addition to the new Connecticut location, recent openings have included offices in Alabama, Colorado, Florida, Georgia, Illinois, …

Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.4 billion) for allegedly abusing its dominant position, after a London tribunal on Thursday certified the cases could proceed. Andreas Stephan, a competition law academic, …

Ust-Luga, Russia’s largest port in the Baltic Sea, is insisting that ships’ hulls are inspected before the vessels are allowed to enter the facility, a sign of how a string of mystery blasts involving tankers that went to Russia are …

Foreign oil tankers are being temporarily barred from loading at Russia’s main Black Sea ports following new regulations, two industry sources said on Wednesday [July 23], effectively blocking exports from Kazakhstan handled largely by a consortium partly owned by U.S. …

A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it manufactured chips for outside customers, leading to a $32 billion one-day plunge in its market value. While saying she “understands plaintiffs’ …

Artificial Intelligence Underwriting Company (AIUC) is coming out of stealth mode with a $15 million seed round. The San Francisco-based company said July 23 that it seeks to unlock the “next wave of artificial intelligence (AI) progress by building the …