Tokyo Electric Power Co. (TEPCO) Wednesday restarted a reactor at the Kashiwazaki-Kariwa nuclear power plant after inspections were completed, its first such move since the Fukushima disaster in 2011. TEPCO put online the 1.36 gigawatt (GW) reactor No. 6, one …

In a victory for thousands of women suing Johnson & Johnson over claims that the company’s baby powder and other talc products caused their ovarian cancer, a court-appointed special master recommended on Tuesday that they be allowed to present testimony …

The European Union is ready to strike back at Donald Trump over his tariff threats as he seeks to take Greenland, European Commission President Ursula von der Leyen said, toughening her rhetoric against the US president. “We are at a …

Only three in 10 chief executives are confident in their companies’ revenue growth prospects over the next year, the lowest level in five years, according to a global survey by professional services group PwC released on Monday. The annual survey …

Investment firm TowerBrook is acquiring a majority stake in MSA Mizar, an insurance claims management services provider, marking its first deal in Italy since it opened an office in Milan last year. MSA Mizar’s existing investor Columna Capital and the …

Within the realms of general liability (GL) and workers’ compensation (WC) insurance lines, medical abuse is often considered in narrow terms — excessive treatment, unnecessary surgeries, inflated bills. While such behaviors are indeed problematic, a wider spectrum of medical abuse …

The battle between Applied Systems and Comulate has taken a new turn with a new federal antitrust lawsuit from Comulate. Late last year the competitors in the insurance technology market traded litigation. Applied Systems sued Comulate on allegations that Comulate …

European policymakers should fuel market turbulence to pressure US President Donald Trump to back down from his Greenland claim, according to a senior executive at Allianz Global Investors. “If I were an adviser to some European governments, I would say …

Bermuda-based re/insurers monitored by Fitch are expected to see a drop in underwriting profit in 2025, reporting an average combined ratio of 92%, up from 90.7% in full-year 2024, the ratings agency said. For the first nine months of 2025, …

A new report from the Alabama Department of Insurance shows claims litigation and big verdicts are on the rise in the state, inflating loss costs for insurers and putting upward pressure on auto and commercial liability premiums. “…The average paid …

World Insurance Associates reported it has acquired the business of Jersey Coast Insurance of Margate City, New Jersey. Terms of the October 1.2025 transaction were not disclosed. Jersey Coast Insurance offers both personal and commercial lines of insurance; specializing in …

An integrated healthcare consortium headquartered in Oakland, California, that are affiliates of Kaiser Permanente agreed to pay $556 million to resolve allegations that they violated the False Claims Act by submitting invalid diagnosis codes for their Medicare Advantage Plan enrollees. …

A federal judge on Friday cleared U.S. power company Dominion Energy to resume work on its Virginia offshore wind project, the third legal blow this week to President Donald Trump’s anti-offshore wind agenda. Judge Jamar Walker of the U.S. District …

What constitutes a fortuitous loss in Arizona? That’s the question the 9th U.S. Circuit Court of Appeals has asked the Arizona Supreme Court to answer to resolve a commercial property damage dispute. The circuit court is seeking clarity from the …

A Portland, Oregon, boy is struggling to recover from infant botulism after drinking contaminated ByHeart baby formula donated through a program that aims to help poor and homeless families. Ashaan Carter, now 10 months old, was hospitalized twice and remains …

The U.S. National Highway Traffic Safety Administration said on Monday it opened a recall query into about 597,571 vehicles from General Motors over engine failure. The recall affects GM vehicles equipped with a L87 6.2L V8 gas engine that experienced …

Toscafund Asset Management and other minority shareholders of Caravela Seguros are exploring a sale of the Portuguese insurer, according to people familiar with the matter. London-based Toscafund, which owns a 48% stake in Caravela, has hired Mediobanca to advise on …

Just as European companies were getting used to last year’s hard-won U.S. trade tariff deals, President Donald Trump has put them back in his crosshairs with an explosive threat to place levies on nations that oppose his planned takeover of …

Chilean President Gabriel Boric declared a state of catastrophe in two southern regions of the country where raging wildfires have killed at least 15 people and forced tens of thousands to evacuate. Ante los graves incendios en curso he decidido …

South Africa declared a national disaster after severe weather conditions led to deadly floods across parts of the country. Heavy rainfall, strong winds, lightning and flooding have resulted in loss of life, significant damage to infrastructure and property, environmental degradation …