May 7, 2026Iran Sets Out Process for Hormuz Transit But Shipowners Are Wary
Iran has laid out an updated process for ships seeking to transit Hormuz, but several shipowners said they remained cautious about sending their vessels through until there are more details about the conditions that may be imposed. Iran’s Islamic Rev …

May 7, 2026One CMA CGM Vessel Attacked While Transiting Strait of Hormuz, Another Exits Gulf
A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring crew members and damaging the vessel, while another vessel run by the French group exited the Gulf, as the U.S.-Iran conflict continued to disrupt shipping traffic. …

May 7, 2026EU Countries, Lawmakers Clinch Provisional Deal on Watered-Down AI Rules
EU countries and European Parliament lawmakers on Thursday agreed to watered-down landmark artificial intelligence rules, including delaying their implementation, in a move which critics say shows Europe caving to Big Tech. The tentative agreement, w …

May 7, 2026People Moves: Ryan Specialty Underwriting Managers Names Anthony President of US Assure; CRC Group Adds to Specialty Team
Ryan Specialty Underwriting Managers Appoints Anthony President of US Assure Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, appointed Amber Anthony as president of US Assure. Anthony will continue …

May 7, 2026Lawyers, Traders Among 30 Charged in Global Insider Trading Case
Federal prosecutors on Wednesday announced that 30 people, including corporate lawyers and financial professionals, have been indicted in connection with an insider trading scheme that relied on information about mergers stolen from major law firms. …

May 7, 2026Ultimate Guide to Travel Insurance for Complex Times
John Popovics thought he’d done everything right. Earlier this year the University of Illinois at Urbana-Champaign civil engineering professor was planning a trip to Riyadh, Saudi Arabia, to take part in a National Science Foundation workshop. Becaus …

May 7, 2026Kentucky DOI Posts Local Premium Tax Schedule for 2026-2027
The Kentucky Department of Insurance recently posted the local government premium tax schedule for 2026-2027, showing tax rates and fees for more than 400 cities, towns and counties. The tax rate varies considerably from one local jurisdiction to ano …

May 7, 2026States Across Wildfire-Prone West Are Using AI for Early Detection
On a March afternoon, artificial intelligence detected something resembling smoke on a camera feed from Arizona’s Coconino National Forest. Human analysts verified it wasn’t a cloud or dust, then alerted the state’s forest service and largest electri …

May 7, 2026Man Sentenced for Commercial Learner’s Permit Cheating Scam Using Bluetooth
A Boston man was sentenced in federal court for surreptitiously providing answers to exam questions for a person seeking a commercial learner’s permit (CLP). In Massachusetts, a permit is required before obtaining a commercial driver’s license. Frank …

May 7, 2026White House Prepares Order to Boost AI Security, Says Economic Advisor
The White House is looking into an executive order that would create a vetting system for new artificial intelligence models like Anthropic PBC’s Mythos in a bid to protect business and government networks from AI-related cyber risks, a top economic …