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Yemen’s Houthis Say They’ll Target Tankers in Northern Red Sea
Yemen’s Houthi militant group said it would attack Saudi oil tankers in the northern Red Sea, a potential fresh escalation in its attacks on shipping. Houthi military spokesperson Yahya Saree said the move was a result of the kingdom diverting …
POSTED AUGUST 05, 2026 9:19 AM |
Allianz to Buy UOB Asset Management Unit as CEO Targets Asia
Allianz SE agreed to buy the asset management unit of Singapore’s United Overseas Bank Ltd., marking the German insurer’s second major deal in recent days as Chief Executive Officer Oliver Baete pursues growth in the region. Allianz Global Investors, an …
POSTED AUGUST 05, 2026 9:03 AM |
Trump’s Latest Tariffs Hit With New Lawsuit by 25 States
A group of 25 states filed a lawsuit challenging President Donald Trump’s new global tariffs that went into effect last month, adding to similar complaints by small businesses who claim the levies are illegal. New York, California, Illinois and other …
POSTED AUGUST 05, 2026 5:08 AM |
Prediction Market Bets on Wildfires Draw Scrutiny From Senators
A group of Democratic senators urged the Commodity Futures Trading Commission to rein in prediction market trading on wildfires, expressing concern that individuals could be tempted to commit arson to make their bets pay off. “As the United States faces …
POSTED AUGUST 05, 2026 5:02 AM |
Fla. Workers’ Comp Physician Dispensing Ruling Could Produce New Legislative Fight
In a significant decision issued on February 25, 2026, the First District Court of Appeal (DCA) ruled in Publix Super Markets, Inc., et al. v. Department of Financial Services, et al., 430 So. 3d 252 (Fla. 1st DCA 2026), that …
POSTED AUGUST 05, 2026 5:02 AM |
Harbinger for Florida, Gulf States? Seaweed Smothers Coastlines in Caribbean, Mexico
Swaths of seaweed are blanketing the beaches and coastlines of the Caribbean and Gulf of Mexico, suffocating shorelines and snuffing out marine life while spooking visitors in areas that depend heavily on tourism. Some 27 million metric tons of self-sustaining …
POSTED AUGUST 05, 2026 5:02 AM |
People Moves: Plymouth Rock Names 3 Key Leaders; Valekha to Lead MIA Financial Unit
Plymouth Rock Assurance Makes Leadership Appointments Plymouth Rock Assurance, headquartered in Boston, Massachusetts, appointed Gavin McPhail as vice president and chief data officer; Cornelius Young as vice president and chief claims officer, independent agency group; and Lindsay Mustard as vice …
POSTED AUGUST 05, 2026 5:00 AM |
Edison Equipment Blamed for Deadly Eaton Fire in Los Angeles
Southern California Edison equipment sparked a January 2025 wildfire that killed 19 people in the Los Angeles area, fire officials said. The Eaton Fire was caused by electrical arcing events that took place on an out-of-service tower on a dry …
POSTED AUGUST 05, 2026 5:00 AM |
New Jersey Sues Amazon Alleging Poor Pay and Conditions for Drivers
New Jersey sued Amazon.com on Tuesday, accusing the online retailer of abusing its market power over independent delivery drivers in the state. Amazon used its dominance to impose low pay and poor conditions on thousands of New Jersey workers who …
POSTED AUGUST 05, 2026 5:00 AM |
Orion180 Launches Customizable Private Flood Insurance in California
Orion180 Insurance has rolled out a residential private flood insurance offering in California. The product provides up to $1 million in building coverage, waiting periods as short as 10 days and a streamlined application process. Policies are designed to meet …
POSTED AUGUST 05, 2026 5:00 AM |
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