Insurance

President Vladimir Putin on Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that abide by the cap. …

Ship insurers said they are canceling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses. Reinsurers, who insure the insurers, typically renew their 12-month contracts with insurance …

The US Securities and Exchange Commission is just getting started with its crackdown on crypto firms that refuse to abide by its rules. SEC Chair Gary Gensler said in an interview on Thursday (Dec. 22) that the agency’s patience is …

Southwest Airlines Co. on Dec. 27 came under fire from the U.S. government after the low-cost carrier kept canceling flights due to harsh winter weather that grounded planes and disrupted holiday travel. U.S. airlines have canceled thousands of flights as …

The U.S. Food and Drug Administration (FDA) is planning to make recommendations on how to regulate the use of popular cannabis compound CBD in food and supplements, the Wall Street Journal reported Dec. 27, citing agency officials. After weighing the …

A top executive for embattled North Carolina insurance executive Greg Lindberg is awaiting sentencing after pleading guilty to federal fraud charges in connection with an elaborate scheme to shunt millions of dollars from Lindberg’s insurance companies. Christopher Herwig, a chief …

You’re not imagining it: Miami-Dade County has gotten hotter in the last fifty years, a trend that’s set to continue if climate change remains unchecked. That’s more than a discomfort for residents in South Florida, where more people work outdoors …

SPRINGFIELD, Mo. (AP) – Three Missouri men have been sentenced for their roles in the theft of tens of thousands of stolen catalytic converters, which were taken to an Arkansas business as part of a multi-million-dollar scheme. Evan Marshall, 25, …

MINNEAPOLIS (AP) – Minnesota environmental regulators are now requiring developers to calculate projects’ effects on the climate. The state’s environmental review process requires regulators to consider a project’s potential impact on the land, air, water and animals. Minnesota Public Radio …

The U.S. Department of Energy has cleared the way for Texas power plants to pollute more than is usually allowed, such as by burning dirtier fuel oil instead of natural gas, to keep the electricity on through Christmas morning. The …