The Tampa Bay Rays won county approval Friday on a financing plan that will allow them to build a new stadium, a day after city officials approved their part for the $2.3 billion ballpark project that will replace the domed …
California legislators introduced a bill Saturday that would update the state’s wildfire response without shifting liability away from publicly traded utilities. The move comes after extended negotiations with Gov. Gavin Newsom’s administration, which had been advocating for measures that would …
Aon Plc is close to an agreement to acquire insurance brokerage USI Insurance Services from private equity firm KKR for about $17 billion, including debt, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The deal …
Kalshi Inc. has entered a partnership with The Weather Company to bolster the data it uses to settle contracts in rapidly growing weather and climate prediction markets. The prediction platform is seeking to establish market-implied probabilities as another source of …
The Oregon Division of Financial Regulation is extending its order for insurers to suspend cancellations and nonrenewals for residents impacted by wildfires. The DFR issued a wildfire emergency order and bulletin in late July that was to expire. However, DFR …
Some Illinois e-bike riders will need to carry insurance starting in 2027 under a law signed this week by Gov. JB Prtizker. The new law requires riders of e-bikes and e-motors capable of traveling over 28 mph to have a …
A judge has granted a hearing to explore claims that a man wants to recant allegations of sexual abuse years ago by Penn State assistant football coach Jerry Sandusky. Sandusky, 82, has been serving a decades-long prison sentence since he …
For years, cyber insurance was treated as a niche product reserved for technology firms, financial institutions and e-commerce giants. When underwriters and claims teams assessed cyber exposure, the conversation centered on massive data breaches and enterprise-grade network overhauls. That framework …
Uber Technologies Inc. is rolling out a new safety feature that lets parents or guardians view a video livestream of their teenager’s ride. The feature uses the selfie camera on the driver’s phone and notifies an authorized guardian if a …
Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most immediate concern for the global financial system, saying the technology could change the speed, scale and economics of an attack. …