Full content: The owners of Colony Ridge, a Houston-area developer accused of running a predatory lending scheme that deceived Latinos, agreed to a sweeping legal settlement that will require them to invest in law enforcement and infrastructure on their properties and tighten …

Full content: ZestyAI said Marsh McLennan Agency has adopted its risk analytics to enhance risk assessments for a small segment of its high-net-worth clients with catastrophe-prone properties. The provider of AI-powered property and climate risk analytics said its Z-Fire, Roof Age, and …

Full content: Enstar Group Limited, global insurance and reinsurance group backed by investment vehicles managed by affiliates of global investment firm Sixth Street, announced it has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund …

Full content: American International Group (AIG) made substantial progress in artificial intelligence within the last year, and its outcomes and capabilities are more than previously predicted. The insurer during an Investor Day less than a year ago presented the potential benefits from …

Full content: MAPFRE Re announced it has obtained regulatory approval from the International Financial Services Centres Authority (IFSCA) of India to open its newest branch office in Gujarat. MAPFRE Re said its relationship with the Indian insurance market dates back over a …

Full content: China’s market regulator has ordered infant formula makers to test for cereulide, a toxin that has triggered precautionary recalls worldwide by some of the largest food companies. Producers must strictly enforce controls on raw materials and product releases, the State …

Full content: The U.S. Forest Service’s plan to conduct controlled burning over the next 15 years in Vermont near popular recreation spots Lake Dunmore and Silver Lake has faced public opposition during a comment period that ends this week. The project, called …

Full content: Dutch telecommunications group Odido said it was hit with a cyberattack that compromised customer data, though services have remained operational. The mobile network, owned by buyout firms Apax Partners and Warburg Pincus, said Thursday in a statement that it contained …

Full content: Applied Systems has been awarded a preliminary injunction against competitor Comulate, who Applied has accused of making a fake insurance agency to access its software platform and steal trade secrets. The competitors in the insurance technology market have traded litigation, …

Full content: Palo Alto Networks opted not to tie China to a global cyberespionage campaign the firm exposed last week over concerns that the cybersecurity company or its clients could face retaliation from Beijing, according to two people familiar with the matter. …

Full content: With tile roofs popular across Florida, and with questionable claims about roof damage raising concerns in insurance and engineering circles, two Florida consulting engineers have offered this guide to aid engineers, attorneys, adjusters and property owners in examining wind damage …

Full content: IICF Northeast Announces Gavlick of Jencap Group as Board Chair The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities through grants and volunteer service, named Sarah Gavlick, executive vice president, Carrier Relations and Client Distribution at …

Full content: Six former players on the women’s basketball team at the University of Pittsburgh have sued coach Tory Verdi and the school over what they call abusive coaching methods and say their efforts to seek help were ignored. “These players aren’t …

Full content: The maker of a gun accessory tied to a racist shooting that killed 10 Black people at a supermarket in Buffalo will pay $1.75 million to survivors and victims’ families and stop selling the device in New York, state Attorney …