A New Jersey man has been charged with negligently causing the death of a five-month-old infant and a 27-year-old woman, after the tour boat he was piloting capsized in New York Harbor on August 8. Federal officials allege that Manuel …

Montana State Auditor James Brown suspended the insurance producer license of a bail bondsman accused of exploiting people under his supervision, including trading services for sex and allegedly taking possession of vehicle titles without proper documentation, authorization or timely return …

A Delaware judge ordered data analytics firm Verisk to try completing its planned $2.35 billion acquisition of roofing software maker AccuLynx, with the order coming more than seven months after Verisk said it pulled the plug on the deal. Here …

A sophisticated scam targeting Spanish-speaking injured workers is ongoing in Oregon, authorities are warning. The Oregon Department of Consumer and Business Services is warning people the scam targeting Spanish-speaking injured workers in Oregon and around the country involves workers being …

Illinois Attorney General Kwame Raoul filed a lawsuit against Stony Island Reclamation Co., Land and Lakes Co., and J.L.W. Trucking LLC, which operated a facility under the name of Whole Earth Compost, alleging that the companies endangered the environment and …

A judge approved a $106 million settlement Thursday that ends a yearslong legal battle over the deadly 2019 collapse of a Hard Rock Hotel that was under construction in New Orleans. The 18-story hotel project partially collapsed in October 2019, …

While a number of Florida-domiciled property insurers have begun rebuilding their policy portfolios in the last 12 months, Tampa-based Heritage Insurance has continued to shed policies in recent years. The selective underwriting strategy, along with other changes, appears to have …

The remains of 56 people were found improperly stored and decomposing Thursday at a Chicago funeral home run by a couple who previously operated a crematory that was similarly shut down because of mishandled remains, authorities said. Illinois state officials, …

A federal judge in Texas last week struck down a 1930s law that imposed regulations on firearm suppressors and guns that are considered the most dangerous, more than a year after President Donald Trump signed a bill eliminating taxes on …

The reinsurance industry’s robust earnings and abundant capital, evident since 2023, have led to increasing competition and a softening market. “The key question is whether reinsurers can maintain underwriting discipline or will irrational competition emerge, leading to another traditional soft …

OpenAI and a subsidiary will pay $3.2 million to settle U.S. government claims that they favored foreign workers with temporary employment visas and discriminated against U.S. job applicants in recruiting and hiring, the U.S. Justice Department said on Tuesday. The …

A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children’s wellbeing. Judge …

President Donald Trump this week criticized Texas for being anti-data centers, just days after Republican Gov. Greg Abbott paused industry-wide approvals until the companies provide the state with more information on things like power and water use. “I saw Texas …

The U.S. Department of Labor has recovered thousands in back wages and assessed penalties after a federal investigation revealed child labor, minimum wage, and overtime violations by the operators of three La Panaderia Bakery & Café locations in San Antonio. …

Illinois Governor J.B. Pritzker this week signed legislation that gives the state’s insurance department authority to object rates it deems are excessive, inadequate, or unfairly discriminatory. HB 4273 and SB 714 allow the Illinois Department of Insurance to review homeowners …

Chinese firm Moonshot’s latest artificial intelligence model broke out of a cyber-testing environment, researchers said, in the latest incident that raises concerns about how well AI companies control their technology. Moonshot’s Kimi K3 was able to find its way out …

Old Republic International Corporation announced that John Paulk has been appointed Chief Operating Officer of Old Republic Excess & Surplus, reporting to Ralph Sabbagh, President. In making this announcement, Craig Smiddy, Old Republic International’s President and Chief Executive Officer, noted, …

Ignite Specialty Risk, the London-based managing general agent, has launched operations in Sydney, Australia, led by Lucinda Stormont-Sainsbury. “Australia is an important strategic market for Ignite and establishing our Australian operations marks a significant milestone in our international growth,” commented …

A Broward County jury on Thursday exonerated the Simpson Thacher & Bartlett law firm, finding the large New York firm’s lawyers were not negligent in the downfall of Patriot National, the Florida insurance services firm that went bankrupt a decade …

Hackers launched a wave of sophisticated attacks on Wall Street firms in recent days, targeting information systems at major money managers, according to people familiar with the matter. Point72 Asset Management informed investors on Wednesday that it had been attacked, …