6 08, 2026

Abuse Claimants Allowed to Sue for Parish Assets in Vermont Catholic Bankruptcy Case

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A U.S. Bankruptcy Court will allow clergy abuse claimants to sue for an estimated half-billion dollars in parish assets to fund settlements under the Vermont Roman Catholic Diocese’s current financial reorganization case. In a written order, Burlington-based Judge Heather Cooper …

6 08, 2026

Europe’s Wildfire Season Exposes Climate Insurance Gap

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Domestic insurers are expected to absorb most of the losses from Europe’s worst wildfire season in recent history, but the blazes are also raising a bigger question: who will pay as climate-driven disasters become more frequent and destructive? Authorities have …

6 08, 2026

Pac-12, Mountain West Conferences Finalize ‘Poaching’ and Exit Fees Settlement

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The Pac-12 and Mountain West conferences have finalized a settlement over “poaching” and exit fees. The two conferences announced on Tuesday that all sides have reached final agreements to settle all pending litigation. The statement included Boise State, Colorado State, …

6 08, 2026

Allstate Q2 Net Income Jumps 56% on Underwriting

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Allstate Corp. second quarter 2026 net income applicable to common shareholders shot up nearly 56% with underwriting income up 56.7% during the period. Net income was about $3.2 billion for Q2 versus $about $2.1 billion for Q2. Underwriting income was …

6 08, 2026

AI-Native Network American Growth Insurance Makes Heller-Kowitz its First Buy

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An insurance brokerage network built around artificial intelligence has completed its first acquisition, adding Heller-Kowitz Insurance Advisors as its inaugural partner agency after spending the past year developing and testing its operating model and gaining private equity backing. Atlanta’s American …

6 08, 2026

Arthur J. Gallagher & Co. Acquires Canada’s Apollo Insurance Solutions

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Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance broker, announced the acquisition of Vancouver, British Columbia-based Apollo Insurance Solutions Ltd. Terms of the transaction were not disclosed. Apollo is a digital insurance broker and managing general agency (MGA) …

7 08, 2026

Arson Suspect Timed Spokane, Washington, Fire for High Wind Day

By | August 7th, 2026|Uncategorized|Comments Off on Arson Suspect Timed Spokane, Washington, Fire for High Wind Day

The 37-year old man suspected of starting one of the fires burning around Spokane, Washington told a detective that he planned the arson attack for Sunday to coincide with a “high winds” day, according to court documents. That blaze was …

6 08, 2026

Binance Claims RedotPay Diverted Users in $470 Million Lawsuit

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Binance affiliates are suing the founders of Hong Kong-based crypto payments firm RedotPay for allegedly diverting hundreds of thousands of customers to a competing product in a “fraudulent scheme,” claiming nearly half a billion dollars in losses. The Binance Holdings-affiliated …

6 08, 2026

Amazon’s Zoox to Levy Fares, in US First for Controls-Free Taxis

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Amazon.com Inc.’s Zoox robotaxi division will start charging fares next week in Las Vegas, marking a first in the U.S. for autonomous vehicles without driver controls. Zoox will charge Vegas customers starting Aug. 10, with fares calculated from a base …

6 08, 2026

AI Risks Require Tougher Cyber Defenses, Top US Officials Warn

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The U.S. government’s top information security official warned that computer systems nationwide need to bolster their defenses to meet the growing threat of cyberattacks powered by artificial intelligence. During remarks Wednesday, Acting Federal Chief Information Security Officer Michael Duffy said …