GULFPORT, Miss. (AP) — A Mississippi city council member pleaded guilty to federal charges after running a multimillion-dollar illegal drug business, prosecutors said last week. Biloxi City Council member Robert Leon Deming, III, 47, reached a plea agreement with the …

Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and other shipping companies have diverted vessels around …

CHARLOTTE, N.C. (AP) — Investigators found disconnected and missing hardware aboard a helicopter that crashed in 2022, killing the pilot and a North Carolina television station’s meteorologist, according to the National Transportation Safety Board. The NTSB’s final report on the …

Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of Melbourne, Victoria-based Health Insurance Consultants Australia (HICA). Terms of the transaction were not disclosed. HICA is a specialist health insurance consultancy and brokerage firm serving corporate …

This edition of International People Moves details appointments at AXA XL and Generali Global Corporate & Commercial (GC&C). A summary of these new hires follows here. AXA XL Promotes O’Malley as Chief Client & Distribution Officer, Americas AXA XL has …

While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway’s head of insurance operations said aggregation and loss costs have kept the company away from the risk for the most part. Yes, profitability has been “fairly high” for …

Delos Insurance Solutions plans to offer wildfire insurance to more California policyholders with vacant properties. Delos is expanding coverage availability through a partnership with certain underwriters at Lloyd’s of London. San Francisco, California-based Delos is a managing general agent that …

Massachusetts has become the latest front in a years-long battle in the United States over whether ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections. The state’s top court …

Brazil and the state of Espirito Santo have rejected a proposal by miners Vale and BHP regarding reparations for the deadly 2015 Mariana tailings dam burst, the federal government said on Friday. The statement did not include Minas Gerais state, …

Heavy rains in the southern Brazilian state of Rio Grande do Sul killed 39 people, with another 68 still missing, the state civil defense agency said Friday, as record-breaking floods devastated cities and forced thousands to leave their homes. It …

Drugmakers GSK Plc and Boehringer Ingelheim GmbH prioritized profits over consumer safety by hiding the cancer risks of their once-blockbuster heartburn drug Zantac, according to lawyers representing a Chicago woman in the first of thousands of such claims to go …

President Joe Biden followed through on Friday on his vow to veto a Republican-backed measure that would have repealed a U.S. labor board rule treating companies as the employers of many of their contract and franchise workers and requiring them …