Judge Blocks Sandy Hook Families’ Settlement in Alex Jones’ Bankruptcy
A U.S. bankruptcy judge on Wednesday blocked a settlement between families who have sued Alex Jones over his false claims about the 2012 Sandy Hook Elementary School mass shooting, saying their attempt to divide the bankrupt conspiracy theorist’s assets exceeded …
AM Best: Wildfires Intensifying California’s Property Insurance Troubles
Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems include a major insurer pullback from California in the past year, followed by the L.A. wildfires, which could result in …
European Commission Asks Shein for Information on Illegal Goods
The European Commission has asked online fast-fashion retailer Shein to provide internal documents and more detailed information on risks linked to the presence of illegal goods and content on its marketplace, the EU executive said on Thursday. Shein said it …
Insurance Groups Pushing Hard for Georgia Tort Reform as State Liability Costs Soar
Georgia’s governor has asked state lawmakers for $175 million to cover the growing costs of liability claims against state agencies and employees, as the state’s liability insurance fund has dwindled to a fraction of the outstanding costs. The Atlanta Journal-Constitution …
Citing Remote Worforce, Kingstone Insurance to Sell Headquarters to County
Coming off of its best year ever in 2024, Kingstone Companies, Inc., a Northeast regional property/casualty insurance holding company, announced that it has agreed to sell its headquarters building in Kingston, New York. The buyer is Ulster County, which agreed …
Google Scraps Diversity-Based Hiring Targets
Alphabet’s Google is scrapping its goal to hire more employees from underrepresented groups and is reviewing some of its diversity, equity and inclusion (DEI) initiatives, joining a slew of U.S. businesses scaling back diversity initiatives. “In 2020, we set aspirational …
New York Shields Doctors Who Prescribe Abortion Pills
New York Gov. Kathy Hochul on Monday signed a bill to shield the identities of doctors who prescribe abortion medications, days after a physician in the state was charged with prescribing abortion pills to a pregnant minor in Louisiana. The …
Investors With $6.8 Trillion Warn EU Not to Bow to ESG Backlash
A group of investors representing €6.6 trillion ($6.8 trillion) of assets is calling on European officials not to cave in to mounting pressure to scale back the bloc’s ESG regulations. The planned reporting rules are essential to help asset managers …
Europe’s Water Resources Under Pressure With Most Surface Bodies Polluted, EU Says
Most of European Union surface water bodies are polluted by chemicals, the European Commission said on Tuesday, in a report that revealed the damaged state of Europe’s water resources. The European Union is drafting plans this year to tackle water …
Farmers Ruined by PFAS Face Key Moment in Fight Against Pentagon
Neither Art nor Renee Schaap could bear to stay on their dairy farm in Curry County, New Mexico, in April 2022 as employees put down the last of their cattle, shooting 1,000 in the head one by one with .22 …
Denmark to Intensify Scrutiny of Russia Shadow-Fleet Tankers
Denmark will ramp up inspections of ships transporting Russian oil through its narrow straits, in an effort to protect the environment and maritime safety from older vessels in Moscow’s shadow fleet. The Danish Maritime Authority will start conducting so-called Port …
Slower Growth but Surplus Lines Premiums Still Up 12% in 2024
The excess and surplus lines market continued to grow in 2024, with premium reaching more than $81 billion, according to annual reports from 15 state stamping offices released by the Wholesale & Specialty Insurance Association (WSIA). 2024 premiums reflected a …
13 US P/C Companies Impaired in 2023: AM Best
Thirteen U.S. property/casualty companies became impaired in 2023, 10 of which were placed into insolvent liquidation, according to an AM Best report. The insurance company impairments identified in the U.S. property/casualty industry in 2023 follow six reported impairments in 2022. …
North Carolina Insurance Chief Reports Arrests in Deer, Storm Claims
A Charlotte man has been arrested on a felony charge of insurance fraud for allegedly falsely claiming to an insurer that his car was hit by a deer, according to North Carolina Insurance Commissioner Mike Causey. Causey’s Department of Insurance’s …
NC Rate Bureau Wants 23% Hike in Auto Insurance Rates
The North Carolina Rate Bureau, basing its filing on input from insurers in the state, has requested a 22.6% average increase in auto insurance rates, starting Oct. 1. The state insurance commissioner will have input and, if previous rate changes …
Washington Insurance Agent Charged With Stealing $424K in Premiums
A King County, Washington, judge issued a bench warrant a former Seattle insurance agent charged with stealing more than $400,000 in premiums from his clients. Edward Hadley was charged with nine counts of first-degree theft following investigations by the Washington …
Designs for New Baltimore Bridge Unveiled Almost a Year After Deadly Collapse
Almost a year after the deadly collapse of Baltimore’s Francis Scott Key Bridge, Maryland officials on Tuesday unveiled their designs for its replacement, which will be taller and better protected against ship strikes. Construction of the state’s first cable-stayed bridge …
Startup Accused of Gouging LA Fire Victims on Rent
A venture capital-backed startup illegally jacked up rents for furnished apartments in Los Angeles — more than 50% in one example — after last month’s wildfires that destroyed thousands of homes, the city attorney’s office alleged in a lawsuit. Blueground …
People Moves: Coleman Assumes Role as WCIRB President and CEO
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) named Andrea Coleman as president and CEO. Coleman joined the WCIRB in May 2022 as executive vice president and chief operating officer, providing oversight across several operational areas, including finance, human …
Uber Avoids Liability for Driver’s Assault on Passenger
Uber Technologies “is not an insurer” and so when one of its drivers assaults a rider, the ride-hailing company is “not automatically liable,” a federal judge in Philadelphia wrote in dismissing claims against Uber brought by a passenger who was …

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