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Europe’s Climate Adaptation Efforts Have Lagged its Net-Zero Drive
The June heatwave that broke a series of temperature records in Europe has focused minds on the urgency of adapting to global warming in a continent once complacent about its relatively gentle climate and its ambitious goals on reducing emissions. …
POSTED JULY 02, 2026 10:08 AM |
BlueCrest Slams UK as Bad for Business After Top Court Tax Case Loss
Michael Platt’s BlueCrest Capital Management said the UK is “no longer a serious contender” as a place to do business after the firm lost a £200 million ($265 million) UK Supreme Court ruling over how some of its senior traders …
POSTED JULY 02, 2026 9:55 AM |
Iran’s Floating Oil Hoard Swells as Major Buyers Stay Away
A hoard of Iranian oil is building up at sea, as the Islamic Republic struggles to find buyers before the expiry of a 60-day window granted by Washington. More than 20 million barrels of Iranian crude have been idling in …
POSTED JULY 02, 2026 9:18 AM |
Tech and Finance Sectors Losing 28,000 Jobs Monthly Show AI Impact on Labor
Whether artificial intelligence will cause mass workforce cuts over time remains up for debate, but it is starting to leave an imprint on US employment data. A decline in payrolls in the financial-activities and information sectors — where AI adoption …
POSTED JULY 02, 2026 5:36 AM |
People Moves: Miller Appoints Plant Head of North American Property
Miller, an independent specialist (re)insurance broker headquartered in London, appointed Kim Plant as head of North American property. Plant joins Miller from Amwins, where he served as a director in its North American property division from 2020, where he formed …
POSTED JULY 02, 2026 5:31 AM |
Travelers Builds Insurance-Specific LLM
The Travelers Companies, Inc. announced this week that engineers and data scientists have developed TravelersLLM, a proprietary large language model tailored to its property/casualty business. According to a media statement released by the insurer, TravelersLLM was trained on millions of …
POSTED JULY 02, 2026 5:17 AM |
Florida Supreme Court Ruling Could Mean New Pressure to Settle High-Dollar Lawsuits
A lawsuit brought by the former head of Marvel Entertainment made headlines around the country last November when it resulted in a $50 million jury verdict against Isaac Perlmutter’s wealthy Palm Beach neighbor and Federal Insurance Co. But it was …
POSTED JULY 02, 2026 5:02 AM |
Former Auto-Owners Claims Manager in NC Charged With Fraud in His Own Claim
A longtime claims manager for Auto-Owners Insurance Co. has been charged with defrauding the company of more than $43,000. Ian V. Eisnaugle, 41, of Hendersonville, North Carolina, was charged with insurance fraud and forgery in June after he reportedly submitted …
POSTED JULY 02, 2026 5:02 AM |
Trump May Ask Supreme Court to Reconsider Carroll Appeal Denial
President Donald Trump may ask the US Supreme Court to reconsider its decision to turn away his appeal of a $5 million verdict against him in E. Jean Carroll’s sexual-abuse lawsuit, her lawyer said in a court filing asking for …
POSTED JULY 02, 2026 5:00 AM |
World Insurance Adds Maryland’s Still Creek Agency
World Insurance Associates LLC reports it acquired the business of Still Creek Insurance of Rockville, Maryland on March 1, 2026. Still Creek Insurance offers auto, home, business, and life insurance. The agency is led by Steven Bender, Kevin Rowe, and …
POSTED JULY 02, 2026 5:00 AM |
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