Marsh, insurance brokerage business of Marsh McLennan, announced the launch of Cyber Unity, a new insurance facility for organizations across the European Union, as well as in Israel, Norway, Serbia, and Turkey, with revenues up to €500 million (US$581.2 million). …

Star college basketball recruit Alijah Arenas spoke publicly for the first time about the Tesla Cybertruck crash that left him in an induced coma, casting fresh attention on safety issues with the EV maker’s newest model. The University of Southern …

A judge ruled that the California FAIR Plan’s smoke-damage policy violates state law, while in another matter a lawsuit from a consumer group is drawing concern from insurers that it could push the California insurance market closer to collapse. On …

LAKE LURE, North Carolina, June 17 (Reuters) – When Hurricane Helene’s flood waters slammed into Lake Lure’s century-old dam last September, gouging a massive scar into one embankment and cascading five months’ worth of rain down its sides, town commissioner …

Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS. In addition, the report said, reinsurance capacity in certain business lines could …

An Illinois chiropractor was sentenced to 20 months in prison and ordered to repay more than $2.3 million, following convictions on multiple charges related to a scheme to defraud Medicare and twelve other insurance companies, the U.S. Attorney’s Office, Central …

Inszone Insurance Services announced its acquisition of Osterts and Associates, LLC, a insurance agency based in Plano, Texas. This acquisition grows Inszone’s capabilities and further expands its presence in Texas, allowing the company to further provide exceptional insurance solutions and …

If this latest wave of retail cyberattacks proves anything, it’s that any business in any sector and of any size can find itself breached. These aren’t fringe incidents anymore; they’re national news, hitting high-street brands and sending disruptive shockwaves through …

Parametric insurance company Descartes Underwriting has a new flood insurance product it said delivers better protection for US businesses, investors, and homeowners associations. Any type of business and industry class may be covered. Limits of up to $70 million are …

With a ban off the table for now, Texas hemp industry leaders said they are amenable to state lawmakers imposing more regulations on their THC products, such as age restrictions on purchases and more testing of their products, but caution …

DialAmerica Marketing, LLC, a provider of telemarketing and call-center services for third-party clients, will pay $85,000 to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC) charging race and sex discrimination and retaliation, the federal agency announced. …

SpaceX’s Starship rocket launches in Texas have polluted an area across the border with debris, Mexican President Claudia Sheinbaum said. The president will meet with her cabinet soon on the “security and environmental impacts” of the rocket launches, the president …