Iran will fight on and keep the Strait of Hormuz shut as leverage against the United States and Israel, new Supreme Leader Mojtaba Khamenei said on Thursday in defiant first comments attributed to him since he succeeded his slain father. …
The Surplus Lines Association of Washington elected officers for the upcoming term at their 2026 annual meeting, including President Cristi Carrington, Vice President Gretchen Echelbarger, Secretary/Treasurer Katy Peterson, and Past President Connie Divelbiss. The association also announced the election of …
AM Best reports that it has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) for the members of Plymouth Rock …
Municipal bond investors are clamoring for tax-free debt sold by California issuers. That demand is benefiting borrowers across the state — even ones without AAA credit ratings. In general, U.S. state and local government debt has gotten more expensive this …
Unconditional payments—payments made without condition or reservation of rights, such as settlement offers—restart the clock on the standard two-year prescriptive period for Louisiana first-party insurance claims, the state high court ruled. The prescriptive period is interrupted by unconditional payments even …
Uber Technologies Inc. said that a feature designed to match female riders and drivers will be available nationwide, expanding access to a safety measure as it seeks to resolve thousands of sexual assault complaints from passengers in the U.S. The …
A U.S. appeals court on Wednesday overturned a $481 million ruling that New York’s Columbia University had won against software company Gen Digital for infringing patents related to cybersecurity technology. The U.S. Court of Appeals for the Federal Circuit said …
The MEMIC Group, headquartered in Portland, Maine, appointed Jim Keck as the regional vice president for the Eastern region, effective March 9. Keck succeeds Jeff Funk, who will be retiring after 20 years of service. Keck will oversee MEMIC’s Eastern …
Heat waves that lead to sudden and damaging drought are spreading across the globe at an accelerating rate, highlighting how climate change-fueled extremes can build dangerously off each other, a new study found. Researchers from South Korea and Australia looked …
Generic drugmaker Viatris has settled a lawsuit brought by the family of Henrietta Lacks, a Maryland woman whose tissue samples were used without her permission to develop enduring cells for lucrative medical research. Viatris and Lacks’ estate told a federal …