Last week, as temperatures in Europe soared and France recorded its highest-ever average temperature, Bloomberg conducted a poll of its clients — including traders, portfolio managers and strategists. The question was simple, but important: Is it ever appropriate to wear …
Hyperscale data center campuses represent the latest growth opportunity for the global re/insurance industry. Annual investment in these specialized facilities will likely surpass $300 billion by 2027 and the total insurable asset base for the roughly 11,000 data centers currently …
Amazon.com Inc. has been sued by Australia’s consumer watchdog for introducing advertising to its Prime Video streaming service and then forcing existing subscribers to pay more to avoid the ads. The Australian Competition & Consumer Commission said Tuesday it has …
The Supreme Court barred a former Louisiana inmate from suing prison officials who cut off his dreadlocks in violation of his Rastafari religious beliefs. The justices condemned what happened to the former inmate, Damon Landor. But they ruled that a …
A new Mississippi law will authorize the state’s top law enforcement agency to compile a list of all immigrants illegally living in the state. What’s to be done with that information is a bit open-ended. But the law set to …
A U.S. Postal Service (USPS) employee has been sentenced on charges that he defrauded the New York workers’ compensation system of nearly $10,000 by stealing wage reimbursement checks intended for his then-girlfriend’s deceased mother. New York State Workers’ Compensation Fraud …
The Missouri Department of Commerce and Insurance reported that more than $2.9 billion in claims have been paid statewide one year after the catastrophic events of the 2025 severe weather season. DCI this month reported on incurred losses and paid …
Cyberattacks are becoming an increasingly significant threat to small and medium enterprises (SMEs), yet insurance adoption remains disproportionately low, according to GlobalData, the London-based data and analytics company. Limited awareness of cyber risks, affordability challenges, and evolving threat landscapes continue …
Bahrain said it had been targeted by Iran and a ship in the Strait of Hormuz was struck on Saturday afternoon as Tehran and Washington traded accusations that the other had violated the ceasefire. That came after Iran claimed on …
Oman has told European officials there’s no way of going back to the pre-war status quo with the Strait of Hormuz and transiting ships may have to be charged some fees, according to people familiar with the matter. While Omani …