News
Meta Ordered to Pay $375M After Trial Over Child Exploitation, User Safety
A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, ...
Convex’s Chairman Catlin Steps Down, Succeeded by Onex CEO Le Blanc
Convex Group Ltd., the international specialty insurer and reinsurer, announced that Stephen Catlin, the company's co-founder, has decided to step down as chairman of the board. He will remain a ...
‘Too Much Space,’ Says State Farm CEO on Shuttering Corporate HQ
State Farm will be moving 13,000 of its 62,000 employees who now work in its Corporate Headquarters and the Illinois Operations Center in Bloomington, Ill., to another location— Corporate ...
AM Best Analysis: P/C Industry Soared in 2025. Will It Fly as High in 2026?
Building off momentum from the previous year, the U.S. property/casualty (P/C) industry recorded a $61 billion underwriting gain in 2025—nearly triple the $22 billion recorded in 2024. With nearly ...
NHC Announces New Forecast Cone for Hurricane Season, Storm Surge Alerts for Hawaii
Two new weather forecasting products are being introduced this year, according to NOAA's National Hurricane Center (NHC). A new operational hurricane track cone map will now include tropical storm ...
A Look at Whether the U.S. Government Can Be Held Liable for LaGuardia Airport Collision
Investigators are probing the potential causes of Sunday's collision between an Air Canada Express plane and a fire truck at LaGuardia Airport in New York. The two pilots were killed. Air Canada said ...
Damage From Worst Floods in Hawaii Since 2004 Still Being Assessed
The worst flooding to hit Hawaii in two decades has swept homes off their foundations, floated cars out of driveways, and left floors, walls, and counters covered in thick, reddish volcanic mud. ...
Wildfires, Storms, Floods Account for Record 92% of Global Insured Losses: Swiss Re
Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total global natural catastrophe insured losses of $107 billion in 2025, according ...