The state of New Hampshire is getting tougher with drivers using smartphones or other electronic devices while driving. Gov. Kelly Ayotte has signed into law a measure that hikes the financial penalties and adds license suspension for repeat offenses involving …

The European Commission may propose leaving the G7 price cap on Russian crude unchanged at its July review, in an effort to curb Moscow’s windfall from the Iran war and the ensuing oil price shock, EU diplomats said on Monday. …

Eric Andersen landed a job that most insurance executives would have long considered too good to be true: leading a strong AIG. Thanks to a dramatic turnaround under his predecessor, Peter Zaffino, American International Group Inc. is no longer battling …

Just hours after a wedding in north Georgia, a helicopter carrying the newlyweds crashed in Dawson County late Friday night, killing the pilot and the groom while injuring the bride, news sites reported. The groom, 25-year-old Dave Fiji, of Snellville, …

Navium Marine, the marine-focused specialty MGA operating through The Fidelis Partnership’s (TFP’s) Pine Walk platform, announced it has partnered with the supply chain platform Overhaul, to launch a first-of-its-kind insurance solution built on real-time visibility of AI infrastructure cargo. The …

This edition of International People Moves details appointments at the insurers Beazley and Santam. A summary of these new hires follows here. Beazley Names Wunderlich Head of Alternative Risk Transfer in New Bermuda Office Beazley, the leading specialty insurer, announced …

Just days before the civil trial on claims against the owner and operator of the cargo ship Dali was to begin, Grace Ocean and Synergy Marine settled wrongful death suits with the families of the six construction workers killed when …

Insurance company Voya Financial Inc. is facing increased pressure from activist investor Toms Capital Investment Management to take M&A action and make changes. Toms Capital said in a letter to Voya’s board Monday that Voya should explore options, including a …

Cost savings from automation are broadly falling short of projections, according to a new Bain & Co. global survey of large companies. The missed targets “should be making executives uncomfortable,” especially since many of them are approving increased spending for …

California has become the latest Democratic-led state to retreat on climate goals amid affordability concerns as regulators Friday revamped its carbon market to ease costs to the oil industry. The California Air Resources Board (CARB) voted to give up as …

Wildfire season has returned to Canada’s oil sands region, with seven active blazes in the area on Sunday raising risks for communities, workers, companies and investors. Canada is the world’s fourth-largest oil producer, and the bulk of its production is …

A global food crunch due to extreme weather would boost prices more in the euro area than in Group of Seven economies, according to Oxford Economics. A “severe” shock to food prices from climate events could raise food prices in …