When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or charred homes line roads. Heat waves cause financial damage, too, but it’s more diffuse: Farm crops might wither, construction workers …

Gov. Gavin Newsom on Monday signed into law a bill that will remake California’s landmark environmental protection rules, an overhaul that he says is essential to address the state’s housing shortage and resulting homelessness crisis. Newsom had threatened to reject …

Relation Insurance Services acquired the assets of Advantage Insurance Group. The transaction went into effect on May 31, 2025; terms of the transaction were not disclosed. Advantage Insurance Group, a family-owned business based in El Reno, Oklahoma, offers a mix …

First Mid Insurance Group, a provider of comprehensive insurance solutions, announced its acquisition of certain assets from AAdvantage Insurance, including the former Waterman-Neely agency based in Chatham, Illinois. This strategic acquisition advances FMIG’s growth strategy by expanding its presence in …

Illinois Attorney General Kwame Raoul announced a settlement with Midway Staffing Inc. (Midway) that resolves allegations the temporary staffing agency entered into no-poach agreements and engaged in wage fixing with other staffing agencies. This settlement requires Midway to pay $1 …

Tesla Inc. Chief Executive Officer Elon Musk said a Tesla Model Y SUV drove itself from the company’s factory near Austin to a customer’s home in the company’s latest move to showcase its push into autonomous driving. In a post …

A 20-year-old man’s life appeared to have begun to unravel in the months before authorities say he fatally shot two firefighters and severely wounded a third as they responded to a wildfire near Coeur d’Alene, Idaho. Wess Roley was living …

Texas’ medical marijuana dispensaries entered into this year’s legislative session with a two-prong strategy to expand: to loosen the state’s rules on their industry that has made the program largely inaccessible to those who need it and to eliminate the …

Bishop Street Underwriters announced that it has acquires Ohio-based Aerospace Insurance Managers, a general aviation insurance services provider, from Hallmark Financial. This acquisition marks Bishop Street’s entry into the aviation insurance market, strengthening its differentiated MGA platform with an expanded …

The Ardonagh Group, the London-based independent insurance distribution platform, announced the completion of a $2.5 billion equity investment led by funds managed by Stone Point Capital LLC, the US-based private equity firm. The investment, which valued the group at $14 …

President Donald Trump’s Department of Government Efficiency initiative has pushed the U.S. markets watchdog to loosen Wall Street rules around blank-check companies and confidential reporting by private investment funds, according to two people familiar with the matter. DOGE officials at …

The U.S. Supreme Court delivered setbacks to environmental interests in a series of recent rulings including by further restricting the Environmental Protection Agency’s authority and relaxing requirements for environmental impact studies for proposed projects. While cases involving President Donald Trump‘s …