Insurance Journal
Uber launched in 2010 in San Francisco with just a few cars and in the fourth quarter of 2024 paid their drivers $20 billion. Airbnb’s website says that it was born in 2007 when two hosts welcomed three guests in …
Posted: Jan 19, 2026
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 Medioba...
Posted: Jan 19, 2026
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 ...
Posted: Jan 19, 2026
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 ...
Posted: Jan 19, 2026
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 R...
Posted: Jan 19, 2026
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 p...
Posted: Jan 19, 2026
California Attorney General Rob Bonta sent xAI a cease-and-desist letter that orders the company to immediately halt the creation and distribution of deepfake, nonconsensual, intimate images and child sexual abuse material. Creating, distributing, pu...
Posted: Jan 16, 2026
Allstate can move forward in its recovery of $4.7 million it paid to settle fraudulent medical claims with a Houston, Texas medical facility, the Fifth Circuit has ruled. The federal appellate court reversed a lower court’s ruling that Allstate...
Posted: Jan 16, 2026
Allstate can move forward in its recovery of $4.7 million it paid to settle fraudulent medical claims with a Houston, Texas medical facility, the 5th U.S. Circuit Court of Appeals said. The federal appellate court reversed a lower court’s rulin...
Posted: Jan 16, 2026
Trump administration officials vowed to keep US coal power plants operating, casting it as an imperative to meet surging electricity demand and drive a revival of the nation’s industrial base. “The goal is 100% open,” said Interior...
Posted: Jan 16, 2026
Dealmakers predict an uptick in mergers and IPOs for retailers and consumer goods companies this year after punishing tariffs on imports to the U.S. had sidelined activity in the industry for the first half of 2025. Several national restaurant and &#...
Posted: Jan 16, 2026
Texas state health officials have proposed raising licensing fees by as much as 13,000% for some hemp businesses, among a slate of changes that many industry members and advocates say will shutter small operations in favor of large out-of-state compa...
Posted: Jan 16, 2026
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) adopted amendments to the Texas Administrative Code, concerning medical disputes for workers’ compensation claims and preauthorization, concurrent utilization revi...
Posted: Jan 16, 2026
Boeing warned plane owners in 2011 about a broken part that contributed to a UPS plane crash that killed 15 last year but at that point the plane manufacturer didn’t believe it threatened safety, the National Transportation Safety Board said &#...
Posted: Jan 16, 2026
AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa-” (Superior) from “a” (Excellent) of Michigan Millers Mutual Insurance...
Posted: Jan 16, 2026
A federal court has ordered a Wisconsin-based multicounty medical care partnership to pay $162,486 in back wages and liquidated damages to 68 case managers after a U.S. Department of Labor investigation found the employer did not pay case managers al...
Posted: Jan 16, 2026
Federal lawmakers have begun to discuss numerous pieces of legislation focusing on the evolving automobile industry, with legislation addressing consumer data rights, parts and repair, pedestrian safety, driver-assistance technology and even catalyti...
Posted: Jan 16, 2026
Georgia’s governor said Wednesday that he wants to spend $1.8 billion to unclog one of traffic-choked Atlanta’s notorious chokepoints on the most important highway between the Midwest and Florida. Republican Gov. Brian Kemp, serving his l...
Posted: Jan 16, 2026
A federal judge on Thursday cleared Norwegian offshore wind developer Equinor to resume work on its New York Empire Wind project, which President Donald Trump’s administration halted along with four other projects last month. The ruling by U.S....
Posted: Jan 16, 2026
U.S. auto safety regulators have granted Tesla a five-week extension to respond to an investigation into whether its vehicles violated traffic laws while the Elon Musk-led company’s Full Self-Driving system was engaged. The National Highway Tra...
Posted: Jan 16, 2026
Lloyd’s, the insurance and reinsurance marketplace, announced that Jim Bichard has been appointed as chief financial officer. He will start in April 2026 and will become a member of Lloyd’s Executive Team, reporting directly to Patrick Ti...
Posted: Jan 16, 2026
Greensill Bank, a subsidiary of collapsed finance firm Greensill Capital, is suing Britain’s business department for just over 330 million pounds ($441.7 million) after it canceled guarantees for COVID-19 business loans, court documents showed....
Posted: Jan 16, 2026
Venezuela’s oil industry is running its day-to-day operations via phone calls and handwritten reports in the month since a cyberattack on state-owned oil giant Petróleos de Venezuela SA. A Dec. 15 attack shut down PDVSA’s system, leaving...
Posted: Jan 16, 2026
A raft of European countries could face a one-notch credit rating downgrade if tensions with the U.S. over Greenland fracture NATO and raise the prospect of more trouble with Russia, Fitch’s top sovereign analyst said on Thursday. Fitch already...
Posted: Jan 16, 2026
An exchange-traded fund tied to bets on natural disasters has started trading in London, after becoming the first such ETF to attract a lead market maker. The KRC Cat Bond UCITS ETF was launched with the goal of drawing more …
Posted: Jan 16, 2026