Iran War Saddles Global Companies With $25 Billion Bill – and Counting
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Description: The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion – and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies …
Full content: The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion – and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 10:35:43 +0000
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EY Pays Over £100 Million to Settle NMC Health Legal Claim
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Description: EY UK has paid more than £100 million ($133 million) to the administrators of NMC Health Plc to settle claims it was negligent in its audits of the failed firm, according to people familiar with the matter. NMC sued EY …
Full content: EY UK has paid more than £100 million ($133 million) to the administrators of NMC Health Plc to settle claims it was negligent in its audits of the failed firm, according to people familiar with the matter. NMC sued EY …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 09:50:53 +0000
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Evergrande Liquidators Seek $8.4 Billion From PwC International in Hong Kong Court
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Description: China Evergrande’s liquidators are seeking 57 billion yuan ($8.4 billion) in their lawsuit against PricewaterhouseCoopers International Ltd. and its mainland China and Hong Kong affiliates, among the largest corporate claims ever sought in the city. Of the total amount, liquidators …
Full content: China Evergrande’s liquidators are seeking 57 billion yuan ($8.4 billion) in their lawsuit against PricewaterhouseCoopers International Ltd. and its mainland China and Hong Kong affiliates, among the largest corporate claims ever sought in the city. Of the total amount, liquidators …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 09:35:43 +0000
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UK Firms Should Take Steps to Limit Risks From Frontier AI Models, UK Says
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Description: British companies should take steps to plan for and mitigate risks from new artificial intelligence models, the country’s finance ministry, the Bank of England and the Financial Conduct Authority regulator said on Friday. “The cyber capabilities of current frontier AI …
Full content: British companies should take steps to plan for and mitigate risks from new artificial intelligence models, the country’s finance ministry, the Bank of England and the Financial Conduct Authority regulator said on Friday. “The cyber capabilities of current frontier AI …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 09:19:15 +0000
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Disaster Resilience Investment Has Touched $100 Billion in Asia
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Description: Governments, investors and banks have poured about $100 billion into efforts to handle the effects of climate change in Asia in the past five years, with water and infrastructure projects attracting the majority of the capital. More than 90% of …
Full content: Governments, investors and banks have poured about $100 billion into efforts to handle the effects of climate change in Asia in the past five years, with water and infrastructure projects attracting the majority of the capital. More than 90% of …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 08:52:29 +0000
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Consumers Sue Amazon for Not Refunding Trump Tariff Costs
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Description: Amazon.com Inc was sued on Friday by consumers seeking refunds for costs passed on to them in the form of higher prices as a result of tariffs the U.S. Supreme Court later concluded had been unlawfully imposed by President Donald …
Full content: Amazon.com Inc was sued on Friday by consumers seeking refunds for costs passed on to them in the form of higher prices as a result of tariffs the U.S. Supreme Court later concluded had been unlawfully imposed by President Donald …
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Category: National News
Date: Mon, 18 May 2026 05:20:49 +0000
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Snap, YouTube, TikTok Settle School Suit Targeting Social Media
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Description: Snap Inc., Google’s YouTube and ByteDance Ltd.’s TikTok reached agreements to settle the first lawsuit headed to trial over claims that addiction to top social media platforms has disrupted learning and pushed public schools to spend massive sums fighting a …
Full content: Snap Inc., Google’s YouTube and ByteDance Ltd.’s TikTok reached agreements to settle the first lawsuit headed to trial over claims that addiction to top social media platforms has disrupted learning and pushed public schools to spend massive sums fighting a …
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Category: National News
Date: Mon, 18 May 2026 05:19:02 +0000
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People Moves: Artificial Labs Appoints Joost to Lead US Expansion; Longbrook Names Sherry Head of Transactional Liability
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Description: Artificial Appoints Joost as President Leading US Expansion Artificial Labs (Artificial), headquartered in London, appointed Eric Joost as president, leading its U.S. expansion. Joost joins Artificial’s leadership team, supporting the overall business. He will be responsible for shaping the company’s …
Full content: Artificial Appoints Joost as President Leading US Expansion Artificial Labs (Artificial), headquartered in London, appointed Eric Joost as president, leading its U.S. expansion. Joost joins Artificial’s leadership team, supporting the overall business. He will be responsible for shaping the company’s …
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Category: National News
Date: Mon, 18 May 2026 05:08:14 +0000
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Safepoint Exec Pay, Slide’s Stock Sell-Offs Getting Attention in Florida
Author: William Rabb
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Description: When Tampa-headquartered Slide Insurance filed for an initial public offering in June 2025 and disclosed executive compensation topping $40 million, it triggered some sniping and some intense scrutiny of the Florida property insurance industry that continues a year later. In …
Full content: When Tampa-headquartered Slide Insurance filed for an initial public offering in June 2025 and disclosed executive compensation topping $40 million, it triggered some sniping and some intense scrutiny of the Florida property insurance industry that continues a year later. In …
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Category: Southeast News
Date: Mon, 18 May 2026 05:01:14 +0000
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Study: California Workers’ Comp Claim Costs Continue to Rise
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Description: California’s workers’ compensation system continues to experience moderate but persistent cost growth due to wage increases, labor market conditions, rising medical expenses and system complexity. Payments per claim in California’s workers’ comp system have risen steadily since 2021, according to …
Full content: California’s workers’ compensation system continues to experience moderate but persistent cost growth due to wage increases, labor market conditions, rising medical expenses and system complexity. Payments per claim in California’s workers’ comp system have risen steadily since 2021, according to …
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Category: West News
Date: Mon, 18 May 2026 05:00:08 +0000
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Viewpoint: ‘Big Tobacco’ Moment for Cannabis – What to Know About Murray v. Cresco
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Description: A massive 320-page class action complaint has the attention of the cannabis sector. The insurance professionals who underwrite it should also be paying close attention. The case, Murray et al. v. Cresco Labs Inc. et al., was filed on May …
Full content: A massive 320-page class action complaint has the attention of the cannabis sector. The insurance professionals who underwrite it should also be paying close attention. The case, Murray et al. v. Cresco Labs Inc. et al., was filed on May …
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Category: National News
Date: Mon, 18 May 2026 05:00:07 +0000
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Maine Mourns 27-Year-Old Firefighter Killed in Lumber Mill Explosion
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Description: A 27-year-old firefighter killed in a huge fire and explosion at a lumber mill in Maine’s midcoast region was honored Saturday, a day after the incident that injured at least 11 others. A memorial of flowers dedicated to Andrew Cross …
Full content: A 27-year-old firefighter killed in a huge fire and explosion at a lumber mill in Maine’s midcoast region was honored Saturday, a day after the incident that injured at least 11 others. A memorial of flowers dedicated to Andrew Cross …
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Category: East News
Date: Sun, 17 May 2026 23:36:09 +0000
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Walmart to Pay $230K in Illinois Disability Hiring Discrimination Settlement
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Description: Walmart agreed to pay $230,000 and furnish other relief to settle a disability hiring discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s suit, a deaf applicant applied online for …
Full content: Walmart agreed to pay $230,000 and furnish other relief to settle a disability hiring discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s suit, a deaf applicant applied online for …
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Category: Midwest News
Date: Fri, 15 May 2026 16:06:29 +0000
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Oil Tankers Transiting Strait of Hormuz Since Start of Iran War
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Description: The U.S. has maintained a blockade of Iranian ports, while Iran lifted and then reimposed its own blockade on marine traffic passing through the Strait of Hormuz, which typically handles roughly one-fifth of the world’s oil supply. Here’s a look …
Full content: The U.S. has maintained a blockade of Iranian ports, while Iran lifted and then reimposed its own blockade on marine traffic passing through the Strait of Hormuz, which typically handles roughly one-fifth of the world’s oil supply. Here’s a look …
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Category: International & Reinsurance News
Date: Fri, 15 May 2026 15:37:28 +0000
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Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower
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Description: PIMCO and Legal & General Group Plc have been accused of placing “undue pressure” on property valuers in a bitter scrap over the future of a famous Brussels skyscraper whose owner has collapsed into insolvency. The owner of The Finance …
Full content: PIMCO and Legal & General Group Plc have been accused of placing “undue pressure” on property valuers in a bitter scrap over the future of a famous Brussels skyscraper whose owner has collapsed into insolvency. The owner of The Finance …
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Category: International & Reinsurance News
Date: Fri, 15 May 2026 15:20:40 +0000
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Women’s Board Representation Slips Below 30% as Momentum Stalls
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Description: he share of women on the boards of mid-sized and large public companies dipped below 30% in the first quarter, missing that threshold for the first time since 2024, and down from a peak of 30.4% a year ago. In …
Full content: he share of women on the boards of mid-sized and large public companies dipped below 30% in the first quarter, missing that threshold for the first time since 2024, and down from a peak of 30.4% a year ago. In …
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Category: National News
Date: Fri, 15 May 2026 14:54:05 +0000
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Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
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Description: Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in …
Full content: Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in …
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Category: West News
Date: Fri, 15 May 2026 13:27:19 +0000
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Georgia Insurance Agent Kept Comp Premiums, Gave Fake COIs, Board Says
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Description: A Georgia insurance agent whose license expired a year ago has been charged with diverting workers’ compensation premiums from businesses and providing falsified certificates of insurance. Lucy Margarita Suarez, 33, of Dalton, Georgia, was arrested in Miami and returned to …
Full content: A Georgia insurance agent whose license expired a year ago has been charged with diverting workers’ compensation premiums from businesses and providing falsified certificates of insurance. Lucy Margarita Suarez, 33, of Dalton, Georgia, was arrested in Miami and returned to …
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Category: Southeast News
Date: Fri, 15 May 2026 13:13:04 +0000
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NH House Passes Self-Insurance for Childcare, Behavioral Health Businesses
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Description: On the last day to vote on bills, the New Hampshire House of Representatives passed a bill aimed at reducing liability insurance costs for care professionals. Senate Bill 614 establishes “multiple-caregiver self-insured risk coverage arrangements” for childcare, day care, foster …
Full content: On the last day to vote on bills, the New Hampshire House of Representatives passed a bill aimed at reducing liability insurance costs for care professionals. Senate Bill 614 establishes “multiple-caregiver self-insured risk coverage arrangements” for childcare, day care, foster …
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Category: East News
Date: Fri, 15 May 2026 12:31:51 +0000
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Finland’s First Drone Scare Near Helsinki Disrupts Flights
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Description: Finland warned the public of drones possibly entering its airspace, for the first time near Helsinki, in the early hours of Friday. Flights were disrupted at the country’s biggest airport, Helsinki-Vantaa, and about 1.8 million residents of southern Finland were …
Full content: Finland warned the public of drones possibly entering its airspace, for the first time near Helsinki, in the early hours of Friday. Flights were disrupted at the country’s biggest airport, Helsinki-Vantaa, and about 1.8 million residents of southern Finland were …
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Category: International & Reinsurance News
Date: Fri, 15 May 2026 12:06:35 +0000
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Stomach Bugs, Not Hantavirus, Are the Bigger Threat on Cruises
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Description: Stomach bugs on cruise ships recently hit a nearly two-decade high as more people than ever board the vessels, underscoring how easily viruses spread on contained voyages. While cruises are in a global spotlight after a rare hantavirus outbreak killed …
Full content: Stomach bugs on cruise ships recently hit a nearly two-decade high as more people than ever board the vessels, underscoring how easily viruses spread on contained voyages. While cruises are in a global spotlight after a rare hantavirus outbreak killed …
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Category: International & Reinsurance News
Date: Fri, 15 May 2026 11:45:02 +0000
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Iran’s Threats to Hormuz Undersea Cables Highlight Vulnerabilites of Data Chokepoints
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Description: Early this week, Iranian state-linked media floated a plan to charge the operators of undersea internet cables in the Strait of Hormuz for access to what they say is Iran’s offshore territory. The suggestion comes after Iranian warnings that several …
Full content: Early this week, Iranian state-linked media floated a plan to charge the operators of undersea internet cables in the Strait of Hormuz for access to what they say is Iran’s offshore territory. The suggestion comes after Iranian warnings that several …
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Category: International & Reinsurance News
Date: Fri, 15 May 2026 09:43:38 +0000
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City of Austin to Pay $35M to Men Wrongly Accused in Yogurt Shop Murders
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Description: The city of Austin will pay $35 million to three men and the family of a fourth who were wrongly accused of the 1991 rape and murder of four teenage girls at a yogurt shop, a case that initially sent …
Full content: The city of Austin will pay $35 million to three men and the family of a fourth who were wrongly accused of the 1991 rape and murder of four teenage girls at a yogurt shop, a case that initially sent …
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Category: Texas / South Central News
Date: Fri, 15 May 2026 08:00:17 +0000
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Illinois Man Receives $300K Settlement From Dog Attack
Author: Ezra Amacher
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Description: An Illinois man who suffered severe injuries to his hand and fingers in a dog attack received a $300,000 settlement, the law firm John J. Malm & Associates said. The man attacked by two pit bulls while taking his German …
Full content: An Illinois man who suffered severe injuries to his hand and fingers in a dog attack received a $300,000 settlement, the law firm John J. Malm & Associates said. The man attacked by two pit bulls while taking his German …
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Category: Midwest News
Date: Fri, 15 May 2026 07:00:21 +0000
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‘Designed To Last’: American Family Launches Reality Competition Series on Hulu
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Description: American Family Insurance has launched a branded reality competition series, “Designed To Last,” a first-of-its-kind show that reimagines how to think about protecting homes and families against increasing climate risk. The four-episode series sponsored by American Family Insurance premiered May …
Full content: American Family Insurance has launched a branded reality competition series, “Designed To Last,” a first-of-its-kind show that reimagines how to think about protecting homes and families against increasing climate risk. The four-episode series sponsored by American Family Insurance premiered May …
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Category: National News
Date: Fri, 15 May 2026 05:38:19 +0000
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Verisk Report Shows Drop in US Reconstruction Costs in 2Q
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Description: Reconstruction cost inflation in the U.S. cooled in the second quarter, offering a bit of relief for insurers and businesses.
Full content: Reconstruction cost inflation in the U.S. cooled in the second quarter, offering a bit of relief for insurers and businesses.
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Category: National News
Date: Fri, 15 May 2026 05:12:17 +0000
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Bank of Canada Sees AI as Possible Boost to Country’s Ailing Productivity
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Description: The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses. In her first speech as external deputy governor, …
Full content: The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses. In her first speech as external deputy governor, …
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Category: International & Reinsurance News
Date: Fri, 15 May 2026 05:05:10 +0000
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Tennessee Solar Ranch Aims to Prove Grazing Under the Panels Is Sunny Side Up
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Description: From a distance, the small solar farm in central Tennessee looks like others that now dot rural America, with row upon row of black panels absorbing the sun’s rays to generate electricity. But beneath these panels is lush pasture instead …
Full content: From a distance, the small solar farm in central Tennessee looks like others that now dot rural America, with row upon row of black panels absorbing the sun’s rays to generate electricity. But beneath these panels is lush pasture instead …
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Category: Southeast News
Date: Fri, 15 May 2026 05:02:13 +0000
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Dream Finders Homes Offers $704 Million to Buy Rival Beazer
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Description: Dream Finders Homes Inc. submitted a $704 million offer to acquire rival homebuilder Beazer Homes USA Inc., which rejected the bid as too low. Jacksonville, Florida-based DFH is offering $25.75 per share in cash for Beazer, according to a statement …
Full content: Dream Finders Homes Inc. submitted a $704 million offer to acquire rival homebuilder Beazer Homes USA Inc., which rejected the bid as too low. Jacksonville, Florida-based DFH is offering $25.75 per share in cash for Beazer, according to a statement …
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Category: Southeast News
Date: Fri, 15 May 2026 05:02:09 +0000
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For Carriers, AI Can Now Mean Hyper-Personalized Customer Service, Leaders Say
Author: William Rabb
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Description: NASHVILLE — The future of property-casualty insurance is here and it looks a lot like … a devoted personal assistant for the policyholder, one that moves at lightning speed and never complains or takes a day off. “You want your …
Full content: NASHVILLE — The future of property-casualty insurance is here and it looks a lot like … a devoted personal assistant for the policyholder, one that moves at lightning speed and never complains or takes a day off. “You want your …
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Category: National News
Date: Fri, 15 May 2026 05:01:40 +0000
Local date: Fri, 15 May 2026 05:01:40 +0000
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Language: en-US
Encoding: UTF-8
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