More than 3 million New York metropolitan-area homes are vulnerable to hurricane winds, the most of any region in the country, according to a report from Cotality, a property analytics firm. Roughly 3.27 million homes in the area face moderate …

Lilypad, the Sarasota-based, tech-centered property-casualty insurer that acquired Centauri Insurance, has named Rajiv Matta, a holder of patents in the field of machine learning, to harness artificial intelligence to help expand coverage in vulnerable coastal areas. Matta, with 20 years …

Missouri Attorney General Catherine Hanaway announced that her office has resolved litigation with Liberty Utilities, a gas company that failed to properly mark a gas line in Lexington, leading to the death of a child, numerous injuries, and the destruction …

A G Equipment Company, a Broken Arrow, Oklahoma compressor packaging manufacturer, will pay $4,250,000 to over 40 workers and provide other relief to settle a religious and disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the …

This edition of International People Moves details appointments at Aon in EMEA and Latin America and Markel International. A summary of these new hires follows here. Aon Announces Leadership Promotions for EMEA, Latin America Insurance broker Aon plc announced that …

NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia. The scope of …

Anthropic said on Monday it is revising its earlier position to allow users of its Mythos cybersecurity model to share information about cyber threats with others who may be exposed to similar vulnerabilities. Mythos, announced on April 7, is being …

American International Group (AIG) announced it has entered into a definitive agreement to acquire Everest Group’s Colombian insurance subsidiary. AIG said the acquisition of Everest Compañía de Seguros Generales Colombia S.A. (Everest Colombia) strengthens its presence in the Latin American …

From drought to ping-pong size hail and unseasonable warmth, weather extremes have wheat farmers reaching for their phones to ring their insurance adjusters to assess the viability of their crops. Oklahoma farmer Dennis Schoenhals made the call a few weeks …

The FBI plans to deploy roughly 60 specially trained state and local police officers across venues for the FIFA World Cup to detect and electronically disable hostile drones as security officials warn that threats once associated with foreign battlefields are …

The Tampa Bay Rays and local officials announced a tentative $2.3 billion agreement on Thursday for a new ballpark funded by public and private money. The nonbinding memorandum of understanding among the Rays, Hillsborough County and the city of Tampa …

It appears as though auto and home insurers have caught up, appropriately matching premium to risk in their portfolios. According to a new report from insurance industry rating agency AM Best, rate increases for homeowners and private passenger auto insurance …