South Carolina’s Department of Insurance is reminding carriers that it may soon give extra scrutiny to liquidity and capital as well as investments in subsidiaries’ securities, thanks to a law approved by state legislators this year. “If the Director determines …
An object bright enough to be seen streaking across the midday sky fell across parts of the Southeast U.S. on Thursday. The object was likely either a meteor or space junk, with most sightings of the streak of light and …
A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was abandoned in the middle of the pacific — about 360 miles from land — after a blaze. It was carrying about 3,000 vehicles …
Aviva Plc’s plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($5.09 billion) to create the UK’s largest motor insurer has been given the nod from the country’s competition regulator. The Competition and Markets Authority said in …
Chicago’s city council voted to give its police chief the green light to enforce temporary curfews for minors in a bid to curb violence that has typically ramped up during the summer months, prompting Mayor Brandon Johnson to vow to …
An iconic tourist attraction in an area of western North Carolina among the hardest hit by Hurricane Helene reopened to the public on Friday, nine months after the storm brought historic flooding, destruction and loss of life. North Carolina Gov. …
China’s aviation regulator will from Saturday ban passengers from carrying power banks without Chinese safety certification markings, as well as those recently recalled by manufacturers because of safety concerns. The move, which applies to anyone boarding a flight in China, …
Coalition today introduced Coalition Re’s Helios platform, a new tool that allows cedants to view real-time cyber risk exposures in their portfolios and manage them more effectively. With the Helios platform, information previously provided to cedents only via a summary …
Louisiana is the latest state to redefine natural gas as green energy under a new law the Republican governor signed this week, even though it’s a fossil fuel that emits planet-warming greenhouse gases. Three other states led by Republicans— Indiana, …
Insurers in the U.S. paid out about $1 billion in claims for lightning-related damage in 2024, down 16.5% from the amount paid in 2023, according to the Insurance Information Institute (Triple-I). The tally was $1.04 billion in 2025 compared to …