Administration Backs Off Bid for Atlantic Oil Drilling, But Gulf Still on Table October 29, 2025 The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial...
US Appeals Court Revives $2.5 Billion Opioid Lawsuit in West Virginia October 29, 2025 A U.S. appeals court on Tuesday revived a $2.5 billion lawsuit against drug distributors accused of contributing to an opioid...
Court Dismisses Securities Fraud Charges Against Fashion Designer Cole’s Brother October 29, 2025 By Larry Neumeister The brother of designer Kenneth Cole says he was vindicated on Monday by a federal appeals court’s decision to overturn...
Uber Taking on Waymo in San Francisco With Lucid, Nuro Robotaxis October 29, 2025 Uber Technologies Inc. is preparing to offer driverless rides on vehicles developed by Lucid Group Inc. and Nuro Inc. in...
Arthur J. Gallagher & Co. Acquires Safe T Professionals in Arizona October 29, 2025 Gallagher Bassett acquired 100% of Chandler, Arizona-based Safe T Professionals LLC. Gallagher Bassett previously held a minority investment in the...
Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports October 29, 2025 By L.S. Howard Hurricane Melissa made landfall in Jamaica as a powerful category 5 storm – a record for the Caribbean island nation...
Hurricane Melissa Makes Cuba Landfall After Lashing Jamaica October 29, 2025 By Ben Westcott, Brian K. Sullivan and Lauren Rosenthal Hurricane Melissa made landfall in Cuba less than a day after it became the strongest recorded storm to strike Jamaica,...
People Moves: Tassone Jr. Promoted to AM Specialty CEO; Canopius Names Leftwich US Head of Strategy; FM Hires Erbig as CFO October 29, 2025 Tassone Jr. Promoted to CEO of AM Specialty Dominick Tassone Jr. was promoted to CEO of AM Specialty Insurance Company...
UN Sees World’s Emissions Falling 10% by 2035, Far Short of 60% Goal October 29, 2025 By Laura Millan and John Ainger Global emissions of planet-warming greenhouse gases are expected to fall by about 10% by 2035, compared with 1990 levels, representing...
Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24 October 29, 2025 By Susanne Sclafane As a group, the top 50 global property/casualty insurers grew premiums by 8.3% in 2024, but four of them, individually,...