Americans who count on insurance companies to write the policies that protect their homes against natural disasters are facing a grim reality: The coverage is becoming prohibitively expensive. Insurers are suffering, too.

Mutual of America Life Insurance Co. received initial approval for a $2.75 million class settlement with workers challenging the affiliated investment funds and recordkeeping services in its 401(k) plan.

Harvard University’s request that an insurer pay up to $15 million in legal fees over defending its use of affirmative action in admissions will likely fail because the university didn’t formally notify the insurer on time, the First Circuit suggested Wednesday.

Operating with a meager budget from a suburban home outside Washington, Will Hild is gearing up for his next battle against Wall Street and the forces behind ESG investing.

Cyber attacks pose a growing credit risk to state and local government bond issuers with the sophistication and frequency of assaults on the rise, S&P Global Ratings analysts led by Li Yang said in a note published Tuesday.

California regulations restrict insurers from using sophisticated computer models to consider the rapidly growing wildfire risks from climate change — and that limitation is a factor pushing US insurers out of the state.