Hong Kong is facing a night of destructive winds and drenching rain as Super Typhoon Ragasa tracks toward the financial hub, potentially becoming the most damaging storm since Mangkhut in 2018. The typhoon weakened slightly on Tuesday as it moved …

Cybercriminals are taking greater risks by hitting high-profile targets to get bigger payoffs and boost their online reputational clout, cybersecurity experts said, after a weekend hack crippled airport check-in systems across Europe and stranded thousands of passengers. The European Union’s …

Denmark said drones that halted flights at its main airport on Monday were the most serious attack yet on its critical infrastructure and linked them to a series of suspected Russian drone incursions and other disruptions across Europe. Danish Prime …

A group of shipping firms warned that the International Maritime Organization’s planned net zero rules risk imposing significant costs on the industry. The IMO, shipping’s global regulator, has set a goal of net zero for shipping by mid-century and next …

A 74-year-old former postal worker in North Carolina is facing up to five years in prison after pleading guilty to falsifying information about her post-injury employment and costing the federal workers’ compensation program as much as $500,000 in indemnity and …

A South Florida judge cleared a police officer of wrongdoing in the shooting death of a UPS driver who had been taken hostage during a 2019 robbery. Broward Circuit Judge Ernest Kollra ruled that Jose Mateo, who had been charged …

Florida regulators have approved two new homeowner insurance companies, one led by a San Francisco tech entrepreneur and former head of Metromile auto insurance company. “I focus on companies that can successfully use machine learning and statistics to build great …

Rupert Murdoch and News Corp. asked a US judge to throw out President Donald Trump’s $10 billion libel lawsuit over a Wall Street Journal report tying him to a bawdy birthday note to the late Jeffrey Epstein, calling the case …

A former staff adjuster for a large Florida insurance carrier has been found guilty of defrauding the insurer out of more than $580,000. A federal jury in Orlando last week said James Octavias Tobias Owens, 34, from the Orlando area, …

Neptune Insurance said on Monday it was targeting a valuation of up to $2.76 billion in its U.S. initial public offering, as the IPO market continues to run hot. Some existing shareholders of the flood insurance provider are targeting to …

Hershey defeated a lawsuit claiming it misled consumers who were disappointed the Halloween-themed Reese’s peanut butter candies they bought lacked the decorative details shown on the labels. U.S. District Judge Melissa Damian ruled on Friday that the plaintiffs did not …

A Harvard Business School graduate accused of defrauding fellow alumni out of millions of dollars by claiming he could identify where Warren Buffett’s Berkshire Hathaway would invest next has been indicted for fraud, federal prosecutors in Manhattan said. Vladimir Artamonov, …

Two mutual insurers — Northern Neck Insurance Co. and Frederick Mutual Insurance Co.— have announced they intend to affiliate, pending regulatory approval, in a move to grow across the Mid-Atlantic region. While Northern Neck is acquiring Frederick Mutual, the two …

Courts Joins Alliant Retirement Consulting Adriana Courts joined Alliant Retirement Consulting, a division of Alliant Insurance Services, as vice president. Courts will focus on delivering retirement plan strategies to a client base throughout the Pacific Northwest. Courts has experience managing …

A California couple has been charged for running an insurance fraud scheme where they allegedly stole more than 21 patients’ identities and submitted false insurance claims. Rebecca Juarez, 39, and Juan Pablo Rodriguez, 31, both of Irvine, were arrested on …

Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years—and things are getting worse. For the 14th consecutive year, commercial auto has posted an underwriting loss and has accumulated more than …

New Jersey has enacted new requirements around testing and disclosure of lead in public water systems. The new law (A2929/S1034) requires landlords to report information about the known or potential presence of lead in drinking water to tenants of residential …

Sunnybrook Union, a labor union representing teachers and educational support staff in the Sunnybrook School District in Lansing, Illinois, will pay $110,000 and provide other relief to settle a race discrimination case filed by the U.S. Equal Employment Opportunity Commission …

California Insurance Commissioner Ricardo Lara on Friday announced he wants to make certain reforms to the state’s insurance law, Proposition 103, including changing the controversial intervenor process. Prop. 103, passed by voters in 1988, is the state’s bedrock insurance law …

IMA Financial Group, a North American insurance brokerage firm specializing in risk management, wholesale brokerage, and wealth management, has announced two key leadership appointments in its Houston office to support the company’s commitment to the region and its growing client …