The Hong Kong Insurance Authority is proposing a slate of new rules to channel insurance capital into assets including cryptocurrencies and infrastructure — an unprecedented move that would redirect funds to government‑prioritized sectors. The insurance regulator would impose a 100% …

A Minnesota jury awarded $65.5 million last week to a mother of three who claimed talcum products made by Johnson & Johnson exposed her to asbestos and contributed to her developing cancer in the lining of her lungs. Jurors determined …

The owner of a South Dakota hotel who said Native Americans were banned from the establishment was found liable for discrimination against Native Americans last week. A federal jury decided the owner of the Grand Gateway Hotel in Rapid City …

Wells Fargo & Co. was sued by a former manager who says he was fired for pushing the bank to create a more diverse workforce and objecting to its practice of interviewing minority applicants for jobs that were already filled. …

Commercial lines insurance is changing—not with loud announcements or flashy tech demos, but through quiet, meaningful shifts in how work gets done. Much of this progress is driven by teams applying AI tools to everyday tasks. Underwriters are spending less …

Three property/casualty insurers have dominated the industry’s artificial intelligence patent activity since 2014. State Farm, USAA and Allstate account for 77% of all AI patents by insurers in that time, according to tracking data from Evident, an AI benchmarking and …

Is a pedestrian entitled to personal injury protection (PIP) benefits in Massachusetts after being injured while trying to get out of the way of an oncoming motor vehicle even though she was not hit by the vehicle? The answer is …

Waymo’s driverless ride services were a high-profile victim of a power outage that affected large swaths of San Francisco, with cars freezing mid-ride across the city and disrupting traffic. After traffic lights went dark at major intersections Saturday, social media …

The US government acknowledged in a federal court filing that it was liable for damages resulting from a deadly collision between an Army helicopter and a regional American Airlines Group Inc. jetliner earlier this year near Washington, one of the …

The National Weather Service on Friday issued a rare warning for part of Colorado’s Front Range as hurricane-force winds and tinder dry conditions boosted the threat of wildfire across several counties, while flood warnings were issued in Oregon as rivers …

A Tualatin, Oregon company intentionally kept a faulty system in place for storing raw materials, exposing employees to struck-by and crushing hazards, an inspection by the Oregon Occupational Safety and Health Division showed. According to Oregon OSHA, Avalon International Aluminum, …

Former Nascar driver Greg Biffle and his family are believed to have died when their Cessna Citation corporate jet crashed just minutes after taking off from a regional airport in North Carolina. “Although the post-crash fire prevents us from releasing …

The former co-leader of a collapsed Georgia savings and loan, a lending firm that is now the subject of state and federal Ponzi scheme investigations, has been granted an insurance producer’s license in the state. Edwin Brant Frost V, who …

Marsh McLennan, headquartered in New York City, appointed Mike Mathews as global digital infrastructure leader. Based in Boston, Mathews brings over 25 years of specialized industry experience to this newly created position, having worked with companies and investors across key …

High winds toppled trees and power lines across parts of Washington state and Idaho this week, killing one adult and critically injuring two children, knocking out power to thousands and compounding the damage already wrought by heavy rains and flooding. …

Eleven firefighters and two other people were injured in a house fire explosion in the Piedmont region of North Carolina, officials said. Salisbury Fire Chief Bob Parnell said firefighters did not have life-threatening injuries but were getting treated for contusions, …

Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time. So as news rippled out last month that a CyrusOne facility …

American beef plants are under threat as the number of cattle destined for their facilities stays far below historical levels, reflecting the smallest herd in more than half a century. Cattle placed in US feedlots, where animals are fed until …

Ben & Jerry’s independent board late on Wednesday said in a filing that its new corporate parent, the Magnum Ice Cream Company, is forcing three more directors to complete training and other requirements or face removal. Ben & Jerry’s, newly …

With the next Texas flood season just months away, Kerr County officials say they’re in a race to build a long-planned flood warning system estimated to cost up to $5 million — and they’re depending on the state to contribute …