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Markel Insurance Restructures Markel Specialty, Appoints Leaders

Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business divisions: US Wholesale and Specialty, and Programs and Solutions. The changes follow the appointment of Simon Wilson as chief executive …

Jury Again Finds NY Times Not Liable in Sarah Palin Defamation Case

A federal jury in Manhattan on Tuesday found the New York Times NYT.N not liable for allegedly defaming Sarah Palin in a 2017 editorial about gun control, dealing the former Republican U.S. vice presidential candidate a second loss at trial. …

Thai-Chinese Firm Denies Flouting Safety Measures in Probe of Skyscraper Collapse

A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Bangkok. Authorities are probing …

FBI Says Cybercrime Costs Rose to at Least $16 Billion in 2024

Cybercrime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said in a report released on Wednesday. The losses—a one-third increase over 2023—were largely driven by low tech scams, such as …

Update on New Jersey Wildfire: 30% Contained, Evacuation Orders Lifted

A major wildfire in southern New Jersey’s Ocean County expanded last night, leading to the evacuation of 5,000 people and threats to more than 1,320 structures. The New Jersey Forest Fire Service reported last night at 10 p.m. that about …

Top Japanese Firms Scrap Employment System That Held Women Back

Japan’s biggest financial firms are abolishing decades-old employment practices that kept women off the corporate ladder. Nippon Life Insurance Co., Japan’s largest insurer, and MUFG Bank Ltd., a unit of the nation’s biggest banking group, are among firms that in …

Safeguarding the Marine Transportation System: New Cybersecurity Rules

The maritime industry is grappling with an escalating wave of cybersecurity threats as it increasingly relies on interconnected digital systems. Recognizing the critical need to address these vulnerabilities, the U.S. Coast Guard issued a final rule aimed at fortifying the …

Pet Insurance, Agents Gets a Shorter Leash Under Bill DeSantis Signed Into Law

Pet insurance is considered property insurance, and pet coverage and pet wellness programs will soon face new regulations and disclosure requirements under a bill signed into law by Florida Gov. Ron DeSantis. House Bill 655, approved with no opposition in …

Everglades Restoration Aims to Protect Florida Keys, Water, State Economy

ISLAMORADA, Fla. (AP) — The Everglades is more than just swamps, fan boats and alligators — and restoration efforts impact more than the land between Florida’s east and west coasts. Florida Bay, a body of water located between the southern …

WEF Launches Probe Into Founder Schwab Over Whistleblower Allegations

The World Economic Forum announced on Tuesday that it has launched an investigation into its founder, Klaus Schwab, following a whistleblower letter alleging misconduct by the former chairman. The announcement came a day after the 87-year-old Schwab said he was …

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