Insurance

The board of governors for Florida’s state-created Citizens Property Insurance Corp. voted unanimously Wednesday to raise personal lines rates by an average of 14% statewide – near the maximum allowed under the insurer’s glide path – starting next year. The …

Philip Morris International Inc. stopped online sales of its popular nicotine pouch brand Zyn in the US after receiving a subpoena in the District of Columbia related to flavored products that are banned there. Philip Morris said its preliminary investigation …

QBE announced that it will start shutting down the middle-market segment in North America to focus on North American businesses where it has more meaningful market position, relevance and scale. Three core businesses remain—Specialty, Crop and Commercial—and the actions on …

The SS United States, a historic ship that still holds the transatlantic speed record it set more than 70 years ago, must leave its berth on the Delaware River in Philadelphia by Sept. 12, a federal judge says. The decision …

R&Q Insurance Holdings Ltd. announced it will file for a provisional liquidation in Bermuda – after it had it had exhausted strategic alternatives for a financial rescue. At the same time, R&Q said the proposed sale of 100% of its …

The Atlanta City Council voted to provide up to $7.5 million for small businesses that were affected by water outages due to a water main break near downtown late last month. Georgia Public Broadcasting, the Atlanta Journal-Constitution and other news …

Cybercriminals are demanding payments of between $300,000 and $5 million apiece from as many as 10 companies breached in a campaign that targeted Snowflake Inc. customers, according to a security firm helping with the investigation. The hacking scheme has entered …

First responders believe they have accounted for all 13 people who might have been in a Syracuse two-family home that collapsed yesterday. Syracuse Fire Chief Michael Monds said 11 children and adults were injured and rushed to Upstate University Hospital, …

RALEIGH, N.C. (AP) — Damage to a utility’s power equipment by gunfire found in Durham was associated with an outage that left hundreds of people without power earlier this week, the company said. About 730 people experienced a power outage …

JACKSON, Miss. (AP) — What could become Mississippi’s largest solar energy project was approved by a county board this week over objections from people who live near the proposed site. Hinds County supervisors voted 3-2 in favor of a conditional …