Insurance

Exxon Mobil will postpone its plans for a large new plastics production plant on the Gulf coast, according to the company. Construction was initially planned to begin next year on the $10 billion facility in rural Calhoun County. “Based on …

The U.S. Department of Labor announced the award of $890,000 in grant funding to Texas to support disaster-relief jobs and employment training services for residents suffering from the aftermath of severe storms. On July 2, 2025, heavy rainfall and flooding …

A deadly tornado that tore across southeastern North Dakota this summer has been upgraded to an EF5 with winds topping 200 mph (322 kph), the strongest classification of tornado and the first confirmed on American soil in a dozen years, …

Toyota is recalling nearly 400,000 vehicles because the rearview camera may not display when backing up, increasing the risk of a crash, federal traffic safety regulators said. Included in the recall are 2022-2025 Toyota Tundras and Tundra hybrids and 2023-2025 …

Connecticut has launched a free online risk mapping tool that allows Connecticut homeowners and businesses to assess their property’s risk from flooding, wildfires, and other perils to better understand their insurance needs. Provided through a public-partnership between the state insurance …

Amwins, the specialty insurance broker headquartered in Charlotte, said it has acquired Applied Risk Capital, a Miami-based managing general agent specializing in credit insurance for the leveraged financial market. ARC was founded in 2019 and provides credit insurance plans for …

Citadel’s planned office tower in Miami’s Brickell neighborhood — long expected to cost more than $1 billion — will probably be closer to $2.5 billion with construction likely to begin mid-to-late next year, founder and Chief Executive Officer Ken Griffin …

OpenAI and Anthropic are exploring the use of investor funds to settle potential multibillion-dollar lawsuits, the Financial Times reported on Wednesday. Copyright owners have launched a series of high-stakes lawsuits against tech firms, including OpenAI, Microsoft, and Meta Platforms, alleging …

State agents have so far found no evidence that a fire that destroyed a judge’s home on a South Carolina island was intentionally set, the state’s top law enforcement official said Monday. The Saturday blaze nearly burned to the ground …

As broader adoption of AI technologies continues to accelerate, companies that implement more advanced Responsible AI (RAI) measures are pulling ahead while others stall. According to the second Responsible AI (RAI) Pulse survey from the EY organization, four in five …