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The Stuttgart prosecutors’ office in Germany could fine automakers Daimler A.G. and Porsche Automobil Holding S.E. and engineering company Robert Bosch GmbH for alleged diesel emissions cheating. Source: Business Insurance Magazine RSS Feed

Experts said that the Volcan de Fuego’s eruption in Guatemala is likely to disrupt supply chains amid damage to farms, roads and infrastructure in the region. Source: Business Insurance Magazine RSS Feed

The British Virgin Islands and Montserrat have purchased insurance against tropical cyclones, excess rainfall and earthquakes for this year’s hurricane season. Source: Business Insurance Magazine RSS Feed

(Reuters) — A U.S. judge has ruled that investors who claimed that Theranos Inc. defrauded them into investing indirectly in the company by touting revolutionary blood-testing technology that never existed cannot pursue their claims as a class action. Source: Business Insurance Magazine RSS Feed

Several weather forecasters have toned down their forecasts for major hurricanes in this year’s Atlantic hurricane season due to cooling of sea surface temperatures in the North Atlantic and Caribbean Sea. Source: Business Insurance Magazine RSS Feed

Lloyd’s of London plans to relocate about 40 of its 600 U.K.-based jobs to its Brussels’ unit by January 2019 to prepare for Brexit. Source: Business Insurance Magazine RSS Feed

Mario Greco, chief executive of Zurich Insurance Group A.G., said that the insurer wants to do only targeted mergers and acquisitions and sees no need for sweeping consolidation in Europe. Source: Business Insurance Magazine RSS Feed

Source: Business Insurance Magazine RSS Feed

Source: Business Insurance Magazine RSS Feed