Insurance
Zurich Insurance Earnings Boosted by Global Data Center Demand
Zurich Insurance Group AG reported a 13% gain in profit for the first half of 2026 as it saw accelerating demand across all businesses, boosted by global data center and energy infrastructure demand. Group operating profit rose to $4.77 billion, …
Read More NYC Law on Sharing Food Selivery Apps’ Data Unconstitutional, Appeals Court Rules
A U.S. appeals court said on Wednesday that a New York City law requiring food delivery companies to share customers’ data with restaurants is unconstitutional. In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals in Manhattan said the …
Read More As Wildfires Destroy and Displace, APCIA Says Congress Must Pass Fix Our Forests Act
Wildfires have again become a major headline as about 10% of the population of Spokane, Washington has been ordered to leave their homes, and hundreds of structures have been destroyed. As of Aug. 5, according to the National Interagency Fire …
Read More Global Wildfire Surge Hits US, Propelled by Rising Temperatures
The US is enduring one of its worst wildfire seasons in years, with blazes scorching millions of acres. It’s part of a global pattern of hot, dry conditions that favor fires becoming more common with climate change. Fires that erupted …
Read More Shipowners Say Hormuz Tolls Would Lead to More Charges Elsewhere
Eight of the world’s largest shipping industry associations urged the United Nations and International Maritime Organization to oppose any compulsory tolls or transit charges in the Strait of Hormuz, warning that such a move could set a precedent for similar …
Read More 2,900 Required Condo Inspections Were Never Completed, Florida Report Finds
Four years after Florida lawmakers ordered condominium buildings to be inspected regularly in the wake of the deadly Surfside collapse, a state report shows that more than 8,700 buildings have now been inspected. About 900 of those properties sought building …
Read More Auto Insurer Root Inc. Reports 12% Increase in Q2 Net Income
Root Inc. reported second quarter 2026 net income of $25.4 million, an increase of 15% over the same period a year ago. For Q2 the combined ratio came in at 92.1 compared with 95.2 a year ago during the same …
Read More Jury Says Medtronic Owes $88 Million in First Trial Over Covidien’s Hernia Mesh
Medtronic must pay an Alabama man and his wife $88 million, a federal jury decided on Tuesday, in the first case to go to trial out of thousands facing the company from people claiming they were injured by hernia-repair mesh …
Read More Amazon’s Zoox to Levy Fares, in US First for Controls-Free Taxis in Vegas
Amazon.com Inc.’s Zoox robotaxi division will start charging fares next week in Las Vegas, marking a first in the U.S. for autonomous vehicles without driver controls. Zoox will charge Vegas customers starting Aug. 10, with fares calculated from a base …
Read More LDI Introduces One-Time Process for Military Auto Insurance Discount
The Louisiana Department of Insurance has revised the application process for military members to receive a 25% discount on the liability portion of their auto insurance premium. Under a bulletin issued this week by Commissioner Tim Temple, eligible service members …
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