AM Best upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Ratings to “bbb-” (Good) from “bb+” (Fair) of The California Casualty Indemnity Exchange in Palo Alto, California. The upgrade includes its wholly …

Tyson Foods Inc. is closing more beef plants as a prolonged cattle shortage continues to force the US beefpacking industry’s restructuring. The country’s largest meatpacker said it would cease operations at an Illinois beef plant and a Utah case-ready facility, …

A small Kansas town has agreed to pay $850,000 to a former reporter at its weekly newspaper to end her federal lawsuit over a police raid of the paper’s offices in 2023 that ignited a national furor over press freedom. …

Less than two years after opening, a liquefied natural gas terminal near New Orleans is seeking a multi-billion-dollar expansion under a new Trump administration “emergency” permitting process that shortens environmental review and may weaken protections for surrounding wetlands and waterways. …

Hawaii is in line for a rare hurricane strike as Tropical Storm Lala grazes the Big Island, while severe storms threaten more flooding and outages across Indiana. Tropical Storm Lala may grow into a hurricane as it grazes the Big …

After a years-long investigation involving state and local law enforcement teams, Florida authorities have charged seven people in a $100 million workers’ compensation payroll scheme that paid workers in cash and defrauded insurers of premiums. “This criminal enterprise systematically exploited …

Two slicks have appeared in Iranian waters, satellite imagery and video verified by Reuters show, as tit-for-tat attacks on oil tankers and other vessels by Iran and the United States spark concerns about environmental damage to the Gulf. A potential …

The U.S. agency that enforces laws banning workplace discrimination has dropped a lawsuit seeking to enforce a subpoena in an investigation of Nike’s treatment of white employees, saying the company has handed over a trove of information. U.S. District Judge …

Harvard University won dismissal of a federal lawsuit claiming that it had “turned a blind eye to antisemitism and discrimination against Jews and Israelis,” marking another setback in the Trump administration’s campaign against the school. US District Judge Richard Stearns …

A prolific hacking group known for exploiting software vulnerabilities to attack multiple targets simultaneously claimed it had stolen large volumes of data from nearly 50 companies worldwide, including Philips, Shell, Fiserv and GE, according to a posting on the group’s …

Trezor, a maker of hardware devices used to store cryptocurrencies, said personal information belonging to thousands of customers was exposed in a data breach affecting one of its shipping providers, the latest security incident to hit the digital-asset industry. The …

Aviva Plc is on track to achieve its profitability targets for the year despite its exposure to wildfires in the UK and Canada, according to its chief executive officer. The British insurer is in contact with customers impacted by the …

More than 2,000 people evacuated their homes in western Germany on Friday, after a wildfire near the Belgian border spread towards a village, local authorities said. Residents were asked to leave their homes in the village of Gey at around …

French authorities have evacuated 525 people from the village of Luglon after a wildfire broke out in the southwestern Landes region, not far from an area already devastated by major blazes this summer. The fire, which has razed 1,100 hectares …

The peak of tornado season may be behind us, but the eastward expansion of what has been traditionally known as Tornado Alley into more populated areas may continue raising insurance risk for some time. Record tornado activity in Illinois, Indiana, …

The El Niño building in the Pacific Ocean is increasingly expected to reach a strength not seen in 76 years of record keeping. “During the October-December 2026 season, there is a 69% chance of a historic event that would exceed …

Three years ago, nearly every major US company explicitly considered diversity when choosing new directors. Now, most don’t. In all, 61 S&P 100 companies have dumped explicit diversity criteria for future board members since 2023, according to an ESGAUGE analysis …

Cargo theft incidents were down 26% in the second quarter 2026 compared with the same time a year ago but it turns out that thieves stole expensive items as losses reached over $300 million. According to a report from Verisk’s …

NFP, a subsidiary of Aon, the international insurance broker, announced it has acquired the retail cannabis business of Frontier Risk Group, a specialty insurance company that has focused on the marijuana industry. Frontier is based in Norwalk, Connecticut. Eric Scheider, …

Almost four years after he pleaded guilty, the top associate to convicted briber, insurance entrepreneur and fraudster Greg Lindberg has been sentenced to two years in prison. Christopher Herwig, who was chief investment officer for Lindberg’s Eli Global and other …