Pasture lands have been stripped down to a sea of sand after wildfires tore across the U.S. Plains, killing cattle and wiping out their food sources, and threatening a historically small herd already linked to rising beef prices. The loss …
Cattle Ranchers Search for Feed as Wildfires Burn Grazing Lands Read More »
The parent of St. Petersburg-based Neptune Flood reported a 63% drop in profit for 2025, along with a quarterly drop, five months after the firm went public. Much of the drop in net income was due to some $4.6 million …
Neptune Reports Drop in Profit for 2025 But Strong Growth After IPO Read More »
Volvo Cars will recall over 40,000 of its flagship electric EX30 SUVs because their battery packs risk overheating, it told Reuters on Monday, a move that could dent the automaker’s hard-earned reputation for safety and cost it millions of dollars. …
Volvo Cars to Recall 40,000 Electric SUVs Over Battery Fire Risk Read More »
Remember the stormy days of March 2023, when the Florida Insurance Guaranty Association voted to add a 1% emergency assessment on all homeowners’ and commercial policies, to help pay outstanding claims left behind by insolvent insurers? Three years later, FIGA …
FIGA Moves to End 1% Assessment for Insolvent Insurer Claims 2 Years Early Read More »
Zywave, a provider of insurance technology solutions, recently debuted insurance-specialized AI agents rolled out to more than 35 early adopters across a wide range of insurance organizations. In addition, new platform enhancements will help insurance agencies and brokers transform how …
An investigation to determine if backcountry guides were criminally negligent during a California ski trip that ended with eight people killed in an avalanche and another presumed dead has surprised legal experts, who said the probe has scant precedent. Backcountry …
Ski Guides in Spotlight as Investigators Probe Deadly California Avalanche Read More »
The European Central Bank is delving into the risks faced by banks in the region from the artificial intelligence industry, amid heightened concern over hidden credit exposures and financial-sector disruption. The Frankfurt-based central bank is asking a small number of …
ECB Steps Up Scrutiny of European Banks’ AI Industry Exposure Read More »
President Donald Trump has approved emergency assistance to Washington, D.C., to help the city address a sewage system leak that dumped at least 250 million gallons of raw sewage into the Potomac River. The Federal Emergency Management Agency announced Trump’s …
FEMA to Help With Sewage Spill Into Potomac River Read More »
Sompo Holdings Inc. announced it has received the necessary antitrust and insurance regulatory approvals required to complete its previously announced acquisition of Aspen Insurance Holdings Ltd., via a wholly owned subsidiary of Sompo International Holdings Ltd. (SIH). The $3.5 billion …
Sompo Receives Regulatory Approvals to Acquire Aspen Insurance in $3.5B Deal Read More »
A powerful winter storm has cut off New York City, grounding thousands of flights and straining transport networks, as 41 million people along the US East Coast brace for blizzard conditions in what could be one of the city’s worst …
New York City Isolated by Snowstorm as Thousands of Flights Canceled Read More »
