Elon Musk’s wish to create his own city just came true. On Saturday, voters living around SpaceX’s rocket testing and launch facility in South Texas approved a measure to incorporate the area as a new city. Soon after polls closed …
Idaho State Police said the driver of the tour van involved in a deadly collision with a pickup truck was licensed in California and the company that organized the trip was Ctour Holiday LLC, a large tour operator that provides …
Two subsidiaries of Auto Club Group have agreed to refund $2.6 million to policyholders and to pay $113,000 in fines after a market conduct examination by the North Carolina Department of Insurance. Members Insurance Co. and Universal Insurance Co., both …
European and U.S. carriers canceled flights for the next several days after a missile fired by Yemen’s Houthi rebels on Sunday landed near Israel’s Ben Gurion Airport, the country’s main international travel gateway. Many foreign airlines subsequently suspended flights to …
Nearly four months after wildfires reduced thousands of Los Angeles-area homes to rubble and ash, some residents are starting to rebuild. In the Pacific Palisades neighborhood, construction workers recently began placing wooden beams to frame a house on a lot …
AXIS Capital Holdings Ltd., the Bermuda-based specialty re/insurer, announced the launch of an insurance policy that offers customizable cyber and specialist liability coverage to companies in Canada with up to C$2 billion (US$1.5 billion) in revenue. The AXIS Cyber Technology …
CNA Financial Corporation reported first quarter net income of $274 million, down 19% from the same period a year ago. CNA’s property/casualty operations booked net income of $311 million, with underwriting income of $40 million for Q1 2025, compared to …
North Carolina authorities last week charged a man with 21 felonies, including insurance fraud and theft, after he reportedly stole identities and filed false auto claims with four insurance companies. Damain Rayshawn Cummings, 30, of Zebulon, appeared in court April …
Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million a year ago during the same time. The decline, according to a letter to shareholders, was due primarily to losses …
The U.K. supermarket chain Co-op said hackers were able to access and extract customer data from one of its systems during a recent cyberattack. “The accessed data included information relating to a significant number of our current and past members,” …