LA Fires Push Insurers’ 2025 Disaster Losses to $107 Billion Even with no hurricanes making landfall in the U.S. in 2025, insured losses from global natural catastrophes surpassed the $100... Read More
Ford Retreats From EVs, Takes $19.5B Charge as Trump Policies Grip Industry Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the... Read More
YA Group Acquires J.M. Reagan Consulting YA Group, an international building consulting and forensic engineering services provider, acquired the business of J.M. Reagan Consulting. The acquisition... Read More
Russian Court Rules in Favor of Rusal in $1.32B Lawsuit Against Rio Tinto A Russian court has ruled in favor of Rusal in the aluminum giant’s 104.75-billion-rouble ($1.32 billion) lawsuit against global mining... Read More
Pacific Northwest Braces for Even More Flooding Rain This Week Washington and the Pacific Northwest are facing multiple rounds of torrential downpours this week, raising flood risks in the region... Read More
Target, Walmart Get FDA Warning for Selling Recalled Baby Formula Target Corp., Walmart Inc. and other large grocery chains were warned by U.S. regulators for continuing to sell ByHeart infant... Read More
NHTSA Probes Massive Jeep Recall Over Faulty Rear Coil Spring Repairs The U.S. National Highway Traffic Safety Administration on Monday opened a probe into the recall of 331,401 Jeep vehicles due... Read More
Editor's Picks North Carolina Sting Operation Alleges Roofer Damaged Shingles to File Claim Allegations that some roofers deliberately damage roofs in order to qualify properties for insurance claims have long been a concern... Read More
Editor's Picks Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the... Read More
Jury Orders J&J to Pay $40M to Women in Latest Talc Trial A California jury on Friday awarded $40 million to two women who said Johnson & Johnson’s baby powder was to... Read More