BMW is recalling hundreds of thousands of cars due to a potential fire hazard, the German premium carmaker said on Wednesday. The global recall is affecting a mid-six-figure number of cars, a BMW spokesperson said. Newspaper Bild earlier reported on …

In Part 1 of this series, we examined how medical abuse extends far beyond excessive treatment, encompassing inflated billing, referral networks, misleading provider reports, and misuse of ancillary services. These behaviors can distort reserves, extend claim life cycles, and undermine …

China has officially charged AstraZeneca’s former regional head, Leon Wang, who was detained by authorities in the country more than a year ago in relation to probes into the drugmaker’s business. The company confirmed Wang’s indictment to Reuters on Wednesday, …

The island at the center of the artificial intelligence boom—and increasingly the global economy—lies on geological and geopolitical fault lines. Taiwan, the producer of most of the world’s advanced semiconductors, faces intensifying pressure from mainland China and growing uncertainty about …

Florida’s landmark 2022 and 2023 legislative changes have had a big impact on the state’s economy, thanks to lowered insurance costs that have freed up money for other investments and have attracted new companies to the state, says a report …

Mid-Hudson Co-Operative Insurance Co. in Montgomery, New York has signed a securities purchase agreement to acquire Hanover Fire Holdings, Inc. of King of Prussia, Pennsylvania. According to AM Best, the acquisition will be financed by $4.0 million in cash and …

A bill touted as the nation’s first public health and insurance standards to protect families from toxic smoke contamination is making its way through California legislature. California Insurance Commissioner Ricardo Lara and Assemblymember Mike Gipson on Wednesday introduced Assembly Bill …

The Los Angeles wildfires that kicked off 2025 not only sped up a statewide homeowners insurance market pullback, they also played a part in an ongoing reshaping of California’s surplus lines market, according to a new report. The state’s surplus …

Florida insurance company officers, employees, board members and even stockholders would have to undergo background checks and fingerprinting under a wide-ranging bill approved by a state House panel Wednesday morning. House Bill 1263, sponsored by state Rep. Linda Chaney, R-St. …

Illinois Governor JB Pritzker’s budget office is warning that the state is facing higher costs and more uncertainty as President Donald Trump’s administration threatens to pull back federal funding. “Over the past year, federal policy changes have altered the federal-state …

Equal Parts, an Austin, Texas-based insurance agency startup, announced it has raised $23M in Series A funding led by Inspired Capital. The investment will accelerate the company’s acquisition strategy and further develop AI tools that extend the reach and impact …

The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Horizon Biofuels Inc., a manufacturer of fuel pellets, for willful and serious safety violations after a deadly explosion at the company’s Fremont, Nebraska facility in July 2025. An …

Fourth quarter 2025 underwriting income in American International Group’s (AIG) General Insurance segment increased 48% compared with the prior year, to $670 million. The unit, which includes North America commercial, International commercial, and global personal—recorded $125 million in catastrophe-related charges …

The EPA has identified the chemical compound spilled in Garnett, Kansas, on Dec. 31, 2025. Recent laboratory analysis corroborates EPA’s preliminary field screening results with a “high level of confidence” that the corrosive substance was sodium aluminate, the agency said. …

A Texas judge’s move to strike down a state law blacklisting “woke” financial firms, including BlackRock and HSBC, that used environmental, social or governance factors in investment decisions will likely drive a broader push to repeal so-called “anti-ESG” laws in …

Liberty Mutual Group Inc.’s asset-management arm agreed to back Ara Partners’ infrastructure and energy strategies, in the latest partnership between an insurer and an alternative investment firm. The collaboration includes an anchor commitment to Ara’s new energy fund as well …

South Carolina’s Safe Home Mitigation Program today, Feb. 10, began accepting applications for a new round of funding for resiliency grants. The program, which provides up to $6,000 in matching grants and up to $7,500 in non-matching grants, received additional …

President Donald Trump threatened to block the opening of a new bridge that connects Michigan and Ontario until the US was given compensation and ownership of half of it, saying he’d start negotiations immediately. “I will not allow this bridge …

Shreveport, Louisiana-based Minden Seafood, LLC, and Dorcheat Seafood, LLC, operators of restaurants Minden Seafood and Dorcheat Seafood and Grill, will pay a former employee $34,000 in back pay and emotional distress damages to settle a sexual harassment lawsuit filed by …

Greece and Malta have emerged as the main obstacle to a European Union proposal to replace a Russian oil price cap with a ban on the services needed to ship the fuel. The two southern European countries raised concerns about …