The shift to autonomous vehicles represents a great unknown for the auto insurance industry, but to analysts at Bank of America Corp. it will be a potential goldmine. Investors are concerned about liability when driverless cars become more mainstream. Under …

Less than one percent of customers who filed detailed complaints about checking or savings account closures with the U.S. Consumer Financial Protection Bureau over the last 13 years accused banks of acting for political or religious reasons, even as the …

Honeycomb Insurance, a digital MGA specializing in property and casualty coverage for landlords and condominium associations, announced that it has begun writing policies in Minnesota, with plans to expand into four additional states over the upcoming months. Honeycomb said it …

Louisiana regulators approved Entergy Corp.’s plan to build three natural gas plants to power Meta Platform Inc.’s biggest data center. Meta’s latest and largest data center is a 4 million–square–foot complex in rural Louisiana intended to support the company’s most …

Texas officials are warning health care providers to stop sending abortion pills into the state or risk fines and prosecution, as Attorney General Ken Paxton seeks to halt the flow of medicine that’s circumventing local restrictions. Prosecutors wrote to three …

A New York appeals court struck down a $464 million fraud fine against President Donald Trump and his company, handing him a victory over the state’s attorney general. In a decision issued Thursday, the Manhattan appellate court still found that …

Green Shield Risk Solutions, a managing general agent, has announced the launch of its flagship homeowners program, Guardian Elite Home. The program was created exclusively for wildfire-prone regions of Colorado and California. Designed for affluent clients, Guardian Elite Home provides …

Minnesota on Tuesday joined a wave of states suing TikTok, alleging the social media giant preys on young people with addictive algorithms that trap them into becoming compulsive consumers of its short videos. “This isn’t about free speech. I’m sure …

There’s a popular T-shirt on Hatteras Island along the North Carolina Outer Banks that says: “One road on. One road off (sometimes)” — poking fun at the constant battle between Mother Nature and a thin ribbon of pavement connecting the …

A brand new veterinary hospital exploded Tuesday morning in North Carolina after a car crashed into a nearby gas meter, authorities said. About 20 minutes before the explosion in Wilmington, a car had run off the road and hit the …

The U.S. Department of Homeland Security said Monday that a truck driver accused of making an illegal U-turn that killed three people in Florida was in the country illegally, fueling a verbal tussle with California Gov. Gavin Newsom’s office over …

This edition of International People Moves details appointments at QBE European Operations and London-based underwriting agency Doe and Emuss. QBE Promotes Massé to Head of European Claims Commercial insurer QBE has promoted Virginie Massé to the role of head of …

Google will pay $30 million to settle a lawsuit claiming it violated the privacy of children using YouTube by collecting their personal information without parental consent, and using it to send targeted ads. A preliminary settlement of the proposed class …

A member of a notorious cybercrime gang known as Scattered Spider was sentenced on Wednesday to ten years in prison in connection with a string of major hacks and cryptocurrency thefts. US District Judge Harvey Schlesinger delivered the sentence to …

Hurricane Erin is triggering dangerous beach conditions across much of the US East Coast that will likely last into the weekend, as the storm pushes north in the waning days of the summer travel season. Erin is not currently forecast …

Willis, a WTW business, announced the launch of Gemini, the first digital facility designed to deliver sustainable capacity locally to clients across their insurance portfolios. This solution is designed to address the increasing complexity of risk and market volatility, providing …

Italy’s Ventina glacier, one of the biggest in northern Lombardy, has melted so much due to climate change that geologists can no longer measure it the way they have for the past 130 years. After this year’s hot summer, geologists …

Orange SA’s Belgian business said that hackers gained access to data from 850,000 customer accounts, in the third major cyberattack targeting the French telecommunications firm this year. The company detected that one of its IT systems had been compromised at …

One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running. The oil …

Canadian energy giants Cenovus Energy Inc. and Enbridge Inc. are facing a greenwashing complaint by an investor group that accuses the companies of misleading disclosures over emissions targets. Investors for Paris Compliance (I4PC) accused the oil sands producer and the …