Insurance companies in Switzerland are set to repay billions in mostly discounted old-style bonds over the next decade as changes to the country’s capital rules take effect next year. There are nearly $20 billion of subordinated notes that Swiss insurers …

Howden Scotland, formerly known as Bruce Stevenson, announced the acquisition of Neilson Laurence & Neil, the Glasgow-based UK specialist commercial insurance broker. Financial details of the deal were not disclosed. Through the acquisition, Neilson Laurence & Neil will fully integrate …

Air pollution, a global scourge that kills millions of people a year, is shielding us from the full force of the sun. Getting rid of it will accelerate climate change. That’s the unpalatable conclusion reached by scientists poring over the …

The Department of Treasury’s Federal Insurance Office finalized its proposed Climate-Related Financial Risk Data Collection. The FIO in June released a report analyzing climate-related issues and gaps in U.S. insurance supervision and regulation, calling state regulatory efforts fragmented and limited. …

Amazon.com used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that pushed up prices U.S. households paid by more than $1 billion, the U.S. Federal Trade Commission detailed in a new court …

Tesla on Oct. 31 won the first U.S. trial over allegations that its Autopilot driver assistant feature led to a death, a major victory for the automaker as it faces several other lawsuits and federal investigations related to the same …

Uber Technologies has reached a settlement with the New York State Department of Labor to help ensure that eligible drivers and couriers can obtain unemployment benefits, New York Governor Kathy Hochul said on Thursday. The ride-sharing company agreed to begin …

An effort supporters say will boost transparency in several leading Pennsylvania universities passed the House of Representatives on Monday, while the universities’ annual state subsidies remain snarled in the Legislature in a partisan funding dispute. The bill passed 201-1. It …

Montana’s state psychiatric hospital has been so poorly run for decades that patients are unsafe and not treated with dignity and respect, which combined with a pattern of understaffing, lack of training and neglect has hastened the deaths of two …

A wildfire fueled by Santa Ana winds that in southeast of Los Angeles, forcing about 4,000 people from their homes, has grown to 2,4897 acres and is now 20% contained. The Highland Fire started Monday afternoon in unincorporated Riverside County. …

Worden Joins Leif Assurance Leif Assurance, headquartered in St. Louis, Missouri, hired Robert Worden as a construction insurance specialist. Worden has nearly 15 years of insurance industry experience. Before joining Leif Assurance, he most recently served as senior vice president, …

For more than a year, the Environmental Protection Agency investigated whether Louisiana officials discriminated against Black residents by putting them at increased cancer risk. Federal officials said they had found evidence of discrimination and were pressuring the state to strengthen …