INSURANCE NEWS
Zurich CEO Says Staff Let Go as Regulator Finma Imposes Partial Sales Ban
Zurich Insurance Group AG let go of more than 12 employees amid enforcement proceedings by the Swiss regulator Finma, Chief Executive Officer Mario Greco said. The regulator also imposed a sales ban on some policies in Zurich’s corporate life and …
AI Finding Twice as Many Cyber Flaws in 2026 as It Did in 2025
The number of software security flaws discovered in popular technology products in 2026 is on pace to roughly double the tally of vulnerabilities that surfaced in 2025, an explosion driven by increasingly capable artificial intelligence systems. The US National Vulnerabilities …
EPA Says Power for Data Centers Can Sidestep Pollution Laws
Power sources providing electricity only to data centers and not the public grid may not be subject to federal pollution laws, the U.S. Environmental Protection Agency said July 27. The EPA said if the power plants are not supplying electricity …
NHTSA Rejects Petition Seeking Tesla Door-Release Defect Probe
The U.S. National Highway Traffic Safety Administration has denied a petition seeking a defect investigation into the emergency mechanical door release on about 180,000 Tesla Model 3 vehicles. NHTSA said the petition did not present evidence of a likely safety-related …
Rapidly Expanding Howden Says Miami Office to be its Americas Headquarters
Howden, the international brokerage that made a much-talked-about entrance into Florida last year with the alleged poaching of more than 200 Brown & Brown employees, now plans to make the state its headquarters for the Western Hemisphere. “Miami is one …
Johnson & Johnson Announces $5.5 Billion Settlement of Talc Lawsuits
Johnson & Johnson said on Monday it would pay $5.5 billion to resolve tens of thousands of lawsuits alleging its baby powder and other talc products cause ovarian cancer, in a landmark settlement aimed at closing a chapter of contentious …
Missouri Contractor Ordered to Pay $267K Over Fraud Scheme
Missouri Attorney General Catherine Hanaway announced that Craig J. Sutton, the owner of Tri County Fence and Deck, was sentenced for 43 felony counts and ordered to repay more than $257,000 in restitution. Sutton engaged in a pattern of fraudulent …
Two Sentenced for Transporting Stolen ‘Muscle’ Cars to ‘Street Takeovers’
One man from Baltimore and another from Philadelphia have been sentenced for their roles in transporting stolen motor vehicles as part of a scheme that also involved as many as eight other defendants. The U.S. Attorney’s Office, Middle District of …
Michigan Man Sentenced for Role in Metro Detroit Auto Theft Ring
A Michigan man was sentenced last week for his role in a Detroit auto theft ring from 2023 to 2025, Attorney General Dana Nessel announced. Amarion Jordan, 23, of Inkster, was sentenced to 5-20 years’ incarceration after pleading guilty to …
US to Resume Import of Mexican Cattle as Screwworm Outbreak Continues
The U.S. will resume importing a limited amount of cattle from Mexico, the U.S. Department of Agriculture announced Friday. The decision comes as a flesh-eating parasite outbreak continues. In a statement, U.S. Secretary of Agriculture Brooke Rollins said it is …
A Third of Americans Swelter as Summer Heat Tests Power Grid
More than a third of Americans are facing a scorching heat that threatens to topple temperature records and stress power grids as homeowners and businesses crank up air conditioners to seek relief. More than 134 million people are under some …
Google Ordered to Defend Robby Starbuck’s AI Defamation Suit
Alphabet Inc.’s Google LLC lost its bid Friday to escape a court case dangling the specter of legal liability for false statements made by an artificial intelligence chatbot. A Delaware Superior Court judge let the conservative activist Robby Starbuck move …