Waddingham Joins MEMIC Group as New Jersey Production Underwriter The MEMIC Group, headquartered in Portland, Maine, added Brandon Waddingham to its Northeast underwriting team as a production underwriter. Waddingham joins MEMIC with nine years of insurance experience. In his role, …

Amazon Web Services cannot restore access to its cloud-computing facility in Bahrain and one of three data–hosting zones in the United Arab Emirates following damage during the Iran war, according to a status update seen by Reuters on Tuesday. Amazon’s …

Ukraine is examining whether additional insurance cover for ships carrying food exports could help revive seaborne trade disrupted by Russian attacks on vessels and port infrastructure, a farm lobby group and a major farmers’ union said on Wednesday. Since the …

The European Union will set up a “climate insurance alliance” to better cover losses as global warming increases the frequency and intensity of droughts, floods and wildfires. European Commission President Ursula von der Leyen announced the initiative as part of …

AXA SA Chief Executive Officer Thomas Buberl called on France’s next president to address the country’s debt mountain with structural reforms and rejected a far-left plan to cancel bonds as “dangerous.” The euro area’s second-biggest economy is under intense scrutiny, …

Marsh appointed Linda Jones as U.S. healthcare industry practice leader, Marsh Risk, effective today. Based in Washington, D.C., Jones reports to Darren Cromwell, industry practice group leader, Marsh Risk, U.S. and Canada. In this role, Jones will drive healthcare strategy …

President Donald Trump’s broad rollbacks of federal greenhouse gas rules since January 2025 have altered the trajectory of US energy use and helped set back cuts to planet-warming pollution by about a decade. The latest turnabout came on Monday when …

The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress’ nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the …

Keystone acquired Infinity Assurance Group in Orange County, California. The deal marks Keystone’s first platform partner in California. IAG will continue to operate under its current leadership, with John Kookootsedes, founder and chairman, and Eric Doll, CEO, continuing at the …

Insurance broker World Insurance Associates LLC announced that it has acquired the business of TE Freuler of Somerset, New Jersey. Terms of the June 1, 2026 transaction were not disclosed. TE Freuler, which also has an office in offices in …

An expanded crop lien law that strengthens existing farmworker protections and gives the California’s Labor Commissioner’s Office the ability to recover unpaid wages quickly was recently put in action. The LCO, which launched an investigation into wage-and-hour violations in May, …

IT consulting firm Accenture will pay $25 million to settle U.S. government allegations over diversity practices, which President Donald Trump’s administration has targeted in his second term in office. “Accenture shall pay to the United States $25,000,000, inclusive of civil …

Bacteria that cause potentially fatal Legionnaires’ disease were found in a Yankee Stadium cooling tower — one of 10 such towers in the Bronx that tested positive amid several reported cases of the illness including one death, New York City …

European Union member states will push for more free carbon allowances for major industries to better protect companies struggling with tough global competition and rising energy costs. The bloc’s 27 member states will this week seek to agree on a …

Abbott Laboratories agreed to pay $385 million to settle U.S. allegations related to poor manufacturing practices at two facilities, including one involving an investigation of a contaminated facility that made powder infant formula. The accord resolves claims that the company …

Britain’s King Charles will host the leaders of major artificial intelligence companies this week to discuss whether a shared set of principles is needed to guide a technology that has sparked growing warnings about its threat to humanity. With the …

California Gov. Gavin Newsom on Tuesday signed legislation establishing standards for investigating, testing and restoring smoke-damaged homes. Newsom signed Assembly Bill 1795, the Smoke Damage Recovery Act. The bill, authored by Assemblymember Mike Gipson and sponsored by California Insurance Commissioner …

The Iowa Department of Insurance and Financial Services announced the appointment of Julie Pearce as Acting Deputy Insurance Commissioner for Market Regulation. Pearce brings over 19 years of extensive insurance and financial services experience spanning Life, Annuity, and Property & …

CenterPoint Energy CNP.N said in an SEC filing on Monday that the company had become aware in September of an online post by a third party claiming to have obtained a dataset of information on some of its customers. The …

Insurance executive and counsels joined in with those from more than 200 companies that submitted a letter to a federal court rules committee urging the development of a third-party litigation funding (TPLF) disclosure requirement. According to a group called the …