South Carolina’s governor has signed a liquor liability and tort-reform bill into law, but some lawmakers said broader changes to the state’s legal system are needed. Senate Majority Leader Shane Massey, who helped push through a compromise dram shop bill …

An Iranian national pleaded guilty to participating in the high-profile 2019 Baltimore, Maryland, ransomware attack, among others, and to causing tens of millions of dollars in losses and disrupted services, the Department of Justice said on Tuesday. Sina Gholinejad, 37, …

The West Virginia Supreme Court has ruled 3-2 that a prison nurse is entitled to workers’ compensation benefits for her COVID-19 disease because she provided sufficient evidence that she contracted it in her workplace and not outside of work. Brittany …

A U.S. trade court blocked most of President Donald Trump’s tariffs in a sweeping ruling on Wednesday that found the president overstepped his authority by imposing across-the-board duties on imports from U.S. trading partners. The Court of International Trade said …

Rokstone, the London-based specialty re/insurance MGA that is part of the Aventum Group, announced the launch of its International Casualty Division. The move marks the latest milestone in Rokstone’s strategic build-out of its casualty portfolio, following the recent launch of …

Sony’s CEO said on Thursday the spin-off of the group’s financial services arm will give that business its own fundraising capabilities. “It is significant that, through the spin-off, Sony (Financial Group) will secure its own fundraising capabilities while continuing to …

Hiscox Ltd., the Bermuda-based specialist insurer, announces the appointment of Peter Clarke as chair designate, subject to regulatory approval. Clarke will join the board as chair designate on June 1, 2025 and will succeed Colin Keogh as chair with effect …

The former director of a firm at the center of a global investigation into bogus airplane parts was charged with fraud by UK authorities. The Serious Fraud Office charged AOG Technics Ltd.’s director, Jose Alejandro Zamora Yrala, with fraudulent trading, …

Tesla Inc. is poised to begin its long-awaited robotaxi service in Austin on June 12, according to a person familiar with the matter, a milestone in Elon Musk’s plan to reshape the company around driverless vehicles and artificial intelligence. The …

Missouri lawmakers are to kick off a special session Monday to consider aid for tornado victims and a package of financial incentives aimed at keeping the Kansas City Chiefs and Royals from leaving the state for new or improved facilities …

The Michigan Supreme Court on Wednesday dismissed appeals by families of students killed or wounded at Oxford High School in 2021, ending efforts to hold employees partly responsible for the mass shooting. Under Michigan law, immunity is a high hurdle …

When Michael Balarezo emerged from the basement office of his Boulder, Colo., home in December 2021, smoke plumes from the nearby Marshall Fire were visible from his driveway. Balarezo, his wife and daughter swiftly stowed emergency clothing, sensitive documents and …

A cargo ship that ran aground in a Norwegian fjord and narrowly missed a house, was pulled back into open water and was being towed to a nearby harbor on Tuesday — five days after the spectacular accident. A tugboat …

The Trump administration said on Wednesday it has agreed to end the U.S. Transportation Department’s consideration of race or gender when awarding billions of dollars in federal highway and transit project funding set aside for disadvantaged small businesses. A judge …

The reinsurance industry has shown significant improvements in operating performance in recent years. Despite facing substantial insured natural catastrophe losses globally, reinsurers achieved robust earnings growth in 2023 and 2024 exceeding their cost of capital. This is largely attributed to …

No place is more vulnerable to hurricanes in the 50 U.S. states than the Florida Keys. The chain of islands celebrated by singer Jimmy Buffett in his odes to tropical escapism is surrounded by water, jutting out 120 miles southwesterly …

A lawsuit filed by the parent company of Florida-based Trident Reciprocal Exchange charges that the insurer’s former CEO and co-founder secretly funneled more than $400,000 to her and her husband’s accounting firm for computer services that turned out to be …

Canadian property and casualty insurer Definity Financial’s $2.4 billion purchase of Travelers Cos.’ Canadian business could spur a wave of consolidation in Canada’s insurance sector, its CEO said. The deal announced Tuesday will establish Definity as the fourth-largest property and …

Hawaii’s governor signed legislation this week that boosts a tax imposed on hotel room and vacation rental stays in order to raise money to address eroding shorelines, wildfires and other consequences of climate change. The signing, which comes nearly two …

The federal Occupational Safety and Health Administration (OSHA) has reached a settlement agreement with a New Jersey commercial bakery where an employee suffered partial finger amputations in 2023. The company, Valenti’s Bakery, has agreed to pay a $180,000 penalty and …