The U.S. Securities and Exchange Commission will likely focus on more traditional cases under incoming leadership, including those involving individual wrongdoing and fraud targeting elders, the agency’s acting enforcement director said on Monday. The SEC has pioneered novel enforcement theories …

This edition of International People Moves details appointments at Everest Group and VIG Re. A summary of these hires follows here. Everest Group’s Chairman Taranto to Retire, Succeeded by Graf Everest Group Ltd., the Bermuda-based property, casualty, and specialty re/insurer, …

A jury in Georgia has ordered Monsanto parent Bayer to pay nearly $2.1 billion in damages to a man who says the company’s Roundup weed killer caused his cancer, according to attorneys representing the plaintiff. The verdict marks the latest …

A Los Angeles Department of Water and Power (LADWP) above-ground power line near the Pacific Palisades was energized when the Palisades Fire began early this year, but that there is no evidence that the line contributed to the blaze, the …

The North Carolina Insurance Underwriting Association this week marked the 15,000th fortified roof in the state, a huge increase since the grant program began in 2017. “I applaud the NCIUA for investing over $100 million in this incredibly successful and …

BALTIMORE – When Bobby LaPin was a young boy, his grandfather took him on his rickety boat to fish for bass and trout in the Patapsco River. Their route took them under the Francis Scott Key Bridge, where LaPin listened …

Aurora Innovation AUR.O plans to allow its self-driving trucks to operate without a driver in inclement weather ahead of launching commercial trips this year in Texas, the company said on Tuesday. The autonomous trucks are expected to start operating on …

Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes ranging from unprecedented wildfires to hurricanes and floods. Less than three months into the year, natural disasters are already causing major …

Firefighters in North and South Carolina were battling multiple wind-driven wildfires Monday in rugged terrain that complicated containment efforts, officials said. Millions of trees knocked down by Hurricane Helene last year combined with long stretches of dry weather this spring …

Wildfires ravaging South Korea over the past week have killed at least 24 people, making it the country’s worst forest fire disaster in about three decades, as firefighters struggled to contain multiple blazes that have broken out in the country’s …

The Cincinnati Insurance Companies have grown business for 75 years through relationships with a carefully selected set of regional independent agents—and business in the surplus lines segment is no exception, executives report. That sets the insurer apart from other E&S …

Kroger Co. is fighting back against a lawsuit brought by Albertsons Cos. over its failed $24.6 billion takeover of the rival grocery chain, escalating a dispute that began after US antitrust enforcers succeeded in blocking the deal last year. Albertsons …

Allianz Global Investors, the smaller of the two asset managers owned by German insurance giant Allianz SE, is cutting some roles as it looks to make changes to its organizational structure. “Some tasks and elements of our operation may no …

Spain’s antitrust watchdog said on Tuesday it had opened an investigation into Italian insurer Generali and local health insurance provider Sanitas over potential anti-competitive practices. The CNMC watchdog said the probe focused on an agreement signed in October 2022 under …

The Florida Office of Insurance Regulation provides a rate comparison tool on its website for homeowners’ and auto insurance, allowing consumers to view estimated premiums for limited types of properties and policyholders. Under a bill approved by the Florida Senate …

New bursts of yellow dot the hills of Mendocino County. Smears of burnt orange now span the aqueduct near Bakersfield. A fresh splash of crimson juts east of Chico like a fresh wound. With the release of its fourth and …

Ardonagh Group Ltd. is nearing a deal to raise as much as $2.5 billion from investors to help fuel the private equity-backed insurance broker’s rapid growth. The London-based firm is expected to close the capital-raise this summer in an oversubscribed …

Los Angeles is looking to California for financial help as the city faces a nearly $1 billion budget deficit projected for the next fiscal year. Mayor Karen Bass and a group of city council members went to Sacramento, the state …

Delaware lawmakers approved on Tuesday an overhaul of the state’s corporate law in a bid to keep powerful business leaders like Mark Zuckerberg from moving their companies’ legal home to another state, although opponents call it a giveaway to billionaires. …

Earlier this month wind damaged the iconic Apex pyramid building in Pawtucket Rhode Island prominently visible from Interstate 95. Now, the city of Pawtucket has removed the remaining exterior panels of the iconic structure, leaving only the skeletal frame. Removal …