Insurance

The Federal Emergency Management Agency said Wednesday it will fund up to $1 billion in disaster-resilient infrastructure under a grant program it had previously canceled and criticized as being wasteful. The move was prompted by an order from a US …

Jurors in the first two trials in the U.S. from a growing wave of lawsuits targeting social media firms over harm to children have found Meta and Alphabet’s Google liable, potentially teeing up an appeals fight that could reshape how …

Federal Housing Finance Agency Director Bill Pulte has sent letters to the Department of Justice encouraging prosecutors to open new fraud investigations into New York Attorney General Letitia James related to real estate. Pulte wrote separately to the US attorneys …

First Central Group Ltd., the UK vehicle and home insurer, has appointed investment banks as it prepares for a potential initial public offering in London, according to people familiar with the matter. The company has lined up Deutsche Bank AG …

The UK will interdict and board Russian “shadow fleet” vessels in its waters, increasing European pressure on Moscow over tankers exporting sanctioned crude in transactions that help fund the Kremlin’s war on Ukraine. Prime Minister Keir Starmer’s office said the …

Uber Technologies and autonomous mobility companies Verne and Pony.ai have partnered up to launch Europe’s first commercial robotaxi service in the Croatian capital Zagreb, with plans to expand to other cities, they said on Thursday. Robotaxis are rapidly expanding into …

U.S. President Donald Trump said Iran was desperate to make a deal to end nearly four weeks of fighting, contradicting the Iranian foreign minister who said his country was reviewing a U.S. proposal but had no intention of holding talks …

It’s not how the program was supposed to work. But thanks to a legal anachronism, Britain’s state-backed plan intended to help those most exposed to flooding has ended up favoring the country’s richest property owners. Economists at the Bank of …

The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according to the semi-official Fars news agency. Fars, citing an unnamed lawmaker, said the plan would …

While insurance broker valuations remained resilient in 2025, essentially staying near all‑time highs, the elephant in the room—Brown & Brown (NYSE: BRO)—has received little attention. From a valuation perspective, what happened with Brown & Brown? After the brokerage’s value surged …