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North Carolina, Florida Home Sellers Facing New Flood Disclosure Requirements

As of this week, home sellers in North Carolina must now disclose previous flood damage to properties. And come Oct. 1, Floridians must make similar disclosures, potentially boosting the demand for flood insurance. The North Carolina Real Estate Commission this …

Supreme Court Rejects Challenge to Workplace Safety Agency

The U.S. Supreme Court declined on Tuesday to hear a challenge by an Ohio company to the power of the federal workplace safety regulator as the justices avoided another legal effort to pare back the authority of federal agencies. The …

Delaware Law to Allow Big Investors Greater Sway Over US Corporate Boards

Delaware is poised to adopt changes to its widely used corporate law that critics argue could weaken U.S. boards of directors in favor of influential investors such as private-equity firms. State lawmakers last week approved a bill that gives a …

Japan Insurers Plan to Sell $3.1 Billion Worth of Honda Shares, Reuters Reports

Japan’s four top property and casualty insurers, along with other financial firms, are planning to sell around ¥500 billion ($3.1 billion) worth of shares in Honda Motor Co., Reuters reported. Tokio Marine Holdings Inc., Sompo Holdings Inc. and two units …

Right-Wing Political Tilt in Countries Across Globe Will Not Derail Climate Action

A political tilt to the right in Europe and a potential Trump presidency in the U.S. will not derail climate efforts as businesses are increasingly locked into green strategies, delegates at London Climate Action Week heard. A big election year, …

China Refines Financial Stability Law to Strengthen Risk Prevention

China’s new financial stability law draft bill improved provisions on financial risks prevention and control, according to draft revisions released on Monday. Revisions to the draft bill underwent the second round of review by China’s top legislature, the National People’s …

Scientists Concerned That a Bird Flu Pandemic Is ‘Unfolding in Slow Motion’

Scientists tracking the spread of bird flu are increasingly concerned that gaps in surveillance may keep them several steps behind a new pandemic, according to Reuters interviews with more than a dozen leading disease experts. Many of them have been …

Beryl Becomes Earliest Ever Category 5 Hurricane in Atlantic

Hurricane Beryl has strengthened after becoming the earliest ever Category 5 storm in the Atlantic, with the system heading toward Jamaica with life-threatening winds and heavy rainfall. Maximum sustained winds increased to 165 miles (270 kilometers) per hour with higher …

AI and APIs: Essential Tools for Zurich Insurance Group’s Digital Leap

Executive Summary: For a multinational insurance company like Zurich Insurance Group, which can find itself delivering large, complex policies in multiple languages to a single international customer, there’s a logical use case for Gen AI’s large language models in providing …

Justice Department to Charge Boeing, Seeks Guilty Plea From Planemaker

The US Justice Department will charge Boeing Co. with criminal fraud, leaving the planemaker to choose between pleading guilty or taking the risk of going to trial, according to people familiar with the matter. Boeing has until the end of …

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