Money launderers received at least $82 billion in cryptocurrencies last year, up sharply from $10 billion in 2020, driven in part by fast growth among Chinese-speaking groups, blockchain researchers said on Tuesday. The fastest-growing category has been Chinese-language money-laundering networks, …
The UK warned some patients have died of severe inflammation of the pancreas linked to obesity and diabetes drugs such as Eli Lilly & Co.’s Mounjaro and Novo Nordisk A/S’s Wegovy. Though the worst cases of pancreatitis were rare, the …
Brit Group Holdings Ltd. announced the renewal of its cyber consortium — “Brit Cyber Attack Plus” (BCAP) — a cyber product designed to protect clients from a broad range of cyber-related perils, including physical damage. BCAP, led by Brit Syndicate …
Conditions were dire earlier this week in parts of the South still reeling from subfreezing temperatures and widespread power outages as vehicles got stranded for hours on major highways and officials warned that people stuck at home were running out …
The U.S. excess and surplus lines market isn’t growing at the rate it has been, with the premium growth through September 2025 lower than the prior year. According to a new report from insurance industry rating agency AM Best, years …
Florida legislative committees approved two bills this week that could impact property-casualty insurance in the state. One would put some restrictions on litigation financing and the other would force more transparency on insurers’ payments to managing general agencies. The bills’ …
MSP Recovery, a now-famous Miami litigation firm, has won some and lost some in federal and state appeals courts during a decade-long enterprise that has earned it millions of dollars in fees for, essentially, moving funds from auto insurers to …
A federal court judge has halted New Hampshire’s plan to end motor vehicle inspections. U.S. District Court Judge Landya McCafferty granted a preliminary injunction on January 27 to prevent the state from implementing a new law abolishing the annual inspection …
Net income at The Hartford increased 33% to about $1.1 billion in the fourth quarter 2025. Property/casualty written premiums increased 5% compared to Q4 2024, led by growth of 7% in the business insurance segment. CEO Christopher Swift said results …
Electric Reliability Council of Texas Chairman Bill Flores said Thursday that some data centers and cryptocurrency miners voluntarily curtailed power use during the recent winter storm that strained the state’s grid and others across the country. Data centers supporting artificial …