The Louisiana Department of Insurance has revised the application process for military members to receive a 25% discount on the liability portion of their auto insurance premium. Under a bulletin issued this week by Commissioner Tim Temple, eligible service members …
Amazon.com Inc.’s Zoox robotaxi division will start charging fares next week in Las Vegas, marking a first in the U.S. for autonomous vehicles without driver controls. Zoox will charge Vegas customers starting Aug. 10, with fares calculated from a base …
About 900,000 current and former Origin Energy Ltd. customers had their data accessed in a security breach, the latest in a string of cyberattacks on major Australian companies and essential-service providers. It began examining a possible threat in early July, …
A 7.1-magnitude earthquake hit Japan’s southern Kumamoto prefecture on Tuesday, knocking out power to thousands of homes, rupturing roads and leaving some trapped and others presumed dead inside a partially collapsed shopping mall. Speaking to reporters at her office in …
Ratings analysts at AM Best see the pending acquisition of Safety Insurance Group by Mapfre as “strategically compelling” as both companies have complementary geographic and product profiles. Last week Safety, a property/casualty insurer in Massachusetts and New England, announced it …
Formula 1 parent company Liberty Media, which also promotes the Las Vegas Grand Prix, has agreed to a settlement of about $3 million to end a class-action lawsuit brought by spectators regarding the inaugural 2023 race. The opening-night practice session …
While the residential solar market is collapsing nationwide after President Donald Trump ended a popular tax credit in December, one state is proving to be a surprising exception: Florida. A big reason why is a sweeping permitting law that took …
The AI boom and the risk of a correction are emerging as major global credit risks, ratings agency Fitch has warned, adding to growing concerns that soaring tech valuations and unprecedented AI spending may be running ahead of uncertain future …
OpenAI plans to spend tens of billions of dollars on a massive new data center near Savannah, Georgia as part of the ChatGPT maker’s push to keep up with surging demand for artificial intelligence software. The startup has contracted with …
Edison International’s Southern California utility is urging a Los Angeles judge not to find the company liable for property damages from a 2025 Los Angeles wildfire that destroyed more than 9,400 buildings. Southern California Edison argued in a court filing …