Liberty Mutual reported that it has reached a settlement with Travelers Insurance in a case involving a construction firm being sued by a man who was injured when he fell down an elevator shaft on […]
California’s property insurance market remains in turmoil, exacerbated by escalating wildfire risks, insurer withdrawals, and systemic shortcomings in the state’s safety net—the California FAIR Plan. As homeowners confront rising premiums and limited coverage options, comprehensive […]
Former Connecticut Gov. John Rowland, whose promising political career was upended by a corruption scandal and two federal prison stints, has been pardoned by President Donald Trump. The Republican governor, who served from 1995 until […]
A federal appeals court temporarily reinstated the most sweeping of President Donald Trump’s tariffs on Thursday, a day after a trade court had ruled Trump had exceeded his authority in imposing the duties and ordered […]
A short-lived heat wave will send temperatures soaring across California and the U.S. West through the weekend, elevating power demand and raising the risk of health impacts. At least 26 daily records may be broken […]
Cotality said it has identified more than 33.1 million residential properties from Texas to Maine with a combined reconstruction cost value of $11.7 trillion at least moderate risk of sustaining damage from hurricane-force winds. The […]
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICRs of “bbb+”(Good) for […]
Victoria’s Secret has taken down its U.S. website and says some in-store services will be unavailable as it addresses an unspecified “security incident.” A message to customers remained in place of the popular lingerie brand’s […]
The New York Times Co. has reached a deal to license its editorial content to Amazon.com Inc. for use across its artificial intelligence platforms, marking the first such agreement the newspaper company has struck after […]
South Carolina’s governor has signed a liquor liability and tort-reform bill into law, but some lawmakers said broader changes to the state’s legal system are needed. Senate Majority Leader Shane Massey, who helped push through […]
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