Insurance

Aspen Insurance Holdings Ltd. is telling prospective investors it expects to price its initial public offering at $30 per share, the midpoint of its price range, according to people familiar with the matter. The Bermuda-based reinsurer’s IPO, consisting of 11 …

Local authorities Tuesday evening ordered the evacuation of a condominium building in Clearwater, Florida, after cracks developed in a concrete support beam in the parking garage. The South Beach III condo building on Sand Key “is currently being evacuated due …

A federal jury in California has ordered Israeli firm NSO Group to pay more than $167 million in punitive damages to Meta Platforms for installing malware on its WhatsApp messaging app six years ago. Spyware vendor NSO Group must pay …

Columbia University and New York-Presbyterian hospitals will pay $750 million to patients who sued over being sexually abused by a former gynecologist who was convicted of sex crimes in 2023. The settlement was achieved on behalf of 576 former patients …

Rite Aid is again seeking bankruptcy protection as the struggling drugstore chain says it will try to sell substantially all of its assets. The company said Monday that its stores will remain open as it returns to Chapter 11 bankruptcy …

Several Asian airlines including Taiwan’s China Airlines and Korean Air said on Wednesday they were re-routing or canceling flights to and from Europe, and about a dozen Indian airports were shut after fighting erupted between India and Pakistan. India attacked …

Federal authorities are seeking to contain and clean up the damage from a decades-old oil well in southeast Louisiana that spewed crude and natural gas for more than a week. Upwards of 79,000 gallons (299,047 liters) of “oily water mixture” …

Chaucer Group, the specialty re/insurance group, announced the launch of a standalone third-party liability (TPL) insurance product in collaboration with Armilla AI, the Toronto-based managing general agent that provides specialized insurance and risk management solutions for artificial intelligence. The TPL …

Alphabet Inc.’s Google should be forced to sell off two of its businesses that help websites buy, sell and serve online advertising after a judge found the company illegally monopolized those markets, the Justice Department said. The company should be …

Delta Air Lines must face a proposed class action by passengers who said it refused to offer full refunds after delaying or canceling their flights following a massive computer outage last July, a federal judge ruled on Tuesday. U.S. District …