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Baby Formula Maker Nara Issues Recall After FDA, CDC Flag Botulism Cases
Baby formula maker Nara Organics said it is voluntarily recalling all of its infant formula, currently available in the United States, over potential risk of bacterial contamination. The company said the U.S. FDA and CDC contacted it late Friday and …
POSTED JUNE 22, 2026 5:06 AM |
US Acts to Speed Up Power Grid Hook-Ups for AI Data Centers
US regulators have taken their biggest step yet to speed the connection of data centers to the country’s grids while simultaneously attempting to slow surging utility bills that have angered Americans. The Federal Energy Regulatory Commission approved a series of …
POSTED JUNE 22, 2026 5:04 AM |
Mississippi Insurance Department Fires Examiner After Credit Union Scandal
The Mississippi Insurance Department has fired its top examiner, a month after he was implicated in a multimillion-dollar embezzlement scandal at his wife’s credit union. Chad Bridges, the director of financial and market regulation at the insurance department since early …
POSTED JUNE 22, 2026 5:02 AM |
NYC Mayor, Other Leaders Want Ban on Horse Carriage Rides After Teen’s Death
The death of a young tourist who jumped from a runaway horse carriage in Central Park has intensified calls to ban the old-time attraction from one of New York City’s most recognizable destinations. Romanch Mahajan, 18, died after he got …
POSTED JUNE 22, 2026 5:00 AM |
California AG Announces $7M Settlement with Property Manager in Algorithmic Rent Scheme
A property management company is paying $7 million for what the California Attorney General calls an “algorithmic rent alignment scheme.” California Attorney General Rob Bonta worked on the settlement as part of a coalition of nine attorneys general with LivCor …
POSTED JUNE 22, 2026 5:00 AM |
AM Best Revises Outlooks to Negative for Pennsylvania’s Juniata Mutual Insurance
AM Best rating analysts have revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Juniata Mutual Insurance Co. in McAlisterville, Pennsylvania. AM Best …
POSTED JUNE 22, 2026 5:00 AM |
California and US West Threatened by Wildfires Over Coming Days
The fire threat across the U.S. West will rise Friday and remain dangerous through Saturday for many areas, including Northern California, as lightning strikes risk igniting dry vegetation. Critical fire weather conditions and dry lightning will prevail across the western …
POSTED JUNE 19, 2026 3:20 PM |
People Moves: Arch Promotes Halgan as CEO of Global Reinsurance, Schmeiser as CEO, Global Mortgage; Sompo International Markets Names MacHale as CUO, Head of Strategy
This edition of International People Moves details appointments at global re/insurers Arch Capital Group and Sompo. A summary of these new hires follows here. Arch Capital Group Ltd., the Bermuda-based provider of insurance, reinsurance and mortgage insurance, announced the promotions …
POSTED JUNE 19, 2026 3:04 PM |
Nasdaq Private Market Alleges Rival Hiive Stole Technology
Trading platform Nasdaq Private Market alleged that its Vancouver-based competitor Hiive has stolen trade secrets and infringed on its intellectual property in a lawsuit. The suit, filed Tuesday in Manhattan federal court, adds new allegations of trade secrets to a …
POSTED JUNE 19, 2026 2:56 PM |
North Carolina Ethics Panel Dismisses Complaint About Insurance Commissioner
The North Carolina Ethics Commission has dismissed a complaint against Insurance Commissioner Mike Causey, brought by a former employee who accused him of sexual harassment, news outlets reported. “After review and discussion as necessary, the Panel concluded its preliminary inquiry …
POSTED JUNE 19, 2026 2:56 PM |
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