3 months 2 weeks ago
Corporations facing high-profile negligence lawsuits have been known to request a bench trial—held before a judge only and without the risks of plaintiffs’ lawyers playing on the emotions of a 12-person jury. But in West Virginia, the pharmacy benefits manager …
William Rabb
3 months 2 weeks ago
The numbers aren’t all in, but it looks like Progressive is now the biggest private passenger auto insurer, based on an analysis from S&P Global Market Intelligence that shows Progressive muscling past State Farm. S&P GMI estimates Progressive’s U.S. private …
3 months 2 weeks ago
A Yakima insurance agent and an unauthorized insurance company are barred from doing business in Washington after Insurance Commissioner Patty Kuderer issued cease-and-desist orders in April. Those were two enforcement actions during the first quarter in which Kuderer issued fines …
3 months 2 weeks ago
Truckmaker Volvo Group on Monday agreed to a $197 million settlement with the California Air Resources Board over alleged violations of the state’s heavy-duty engine regulations. The settlement resolves allegations that Volvo failed to properly disclose auxiliary emission control devices …
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3 months 2 weeks ago
The builder of the Dali cargo ship and Baltimore city officials are welcoming the U.S. government’s bringing of criminal charges against the ship’s manager for the deadly and costly collapse of the Francis Scott Key Bridge in 2024. Shipbuilder Hyundai …
Andrew G. Simpson
3 months 2 weeks ago
The head of the Federal Aviation Administration will tell Congress on Tuesday the agency failed to act on warnings prior to the January 2025 fatal collision between an American Airlines regional jet and an Army helicopter that killed 67 people …
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3 months 2 weeks ago
Michigan Attorney General Dana Nessel has secured a $108 million settlement with Monsanto Company (PDF), the major manufacturer of polychlorinated biphenyls (PCBs), and affiliated companies Solutia Inc. and Pharmacia LLC to address harms from PCB contamination in the State of …
3 months 2 weeks ago
During this month, two insurers and two brokers have announced acquisitions in India and Europe. Details of these deals follow. Vienna Insurance Group Completes Purchase of Germany’s Nuernberger Vienna Insurance Group (VIG) has completed its acquisition of Nuernberger Beteiligungs AG …
3 months 2 weeks ago
California-headquartered Inszone Insurance Services has continued its hot streak of acquisitions with the purchase of Coastal Insurance Services in Florida and affiliated Optimal Insurance Solutions. The acquisition marks Inszone’s first step into the Florida market, the company said in a …
3 months 2 weeks ago
Hint, a self-described “home management platform,” has launched with a $10 million seed round of funding and the original influencer of all things having to do with the home living. Well-known multimedia mogul and businesswoman Martha Stewart has co-founded Hint …
Chad Hemenway
3 months 2 weeks ago
An investigation began Friday into what caused a small plane to crash into a house in northeast Ohio and explode into flames, killing both pilots aboard. The National Transportation Safety Board was leading the review in Akron, alongside the Federal …
3 months 2 weeks ago
Dozens of wind projects in Texas are in limbo after the U.S. Department of Defense paused issuing routine federal permits citing national security concerns, a move that experts say expands the Trump administration’s crusade against wind energy. According to data …
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3 months 2 weeks ago
Hatch Trick, Inc., a Chick-fil-A franchisee operating multiple locations in Austin, Texas violated federal law by refusing to reasonably accommodate an employee’s request to refrain from working on Saturdays in observance of her Sabbath day and instead fired her, the …
3 months 2 weeks ago
Boston-based General Indemnity Group (GIG), an insurance holding company specializing in commercial and contract surety, announced that it has agreed to be acquired by CopperPoint Insurance Co., a workers’ compensation and commercial insurance provider based in Phoenix. The transaction includes …
3 months 2 weeks ago
A prominent Miami real estate developer who once hired the city’s mayor as a $10,000-a-month consultant has pleaded guilty to money laundering and payroll-tax charges in a $89 million fraud scheme. Rishi Kapoor, who once led Location Ventures and URBIN …
3 months 2 weeks ago
More than half of pilots killed in US civil aviation accidents between 2018 and 2022 tested positive for at least one drug, the US National Transportation Safety Board said in a report published May 14. Of the 984 pilots who …
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3 months 2 weeks ago
In less than three minutes, an intruder exploited a security gap at one of the nation’s busiest airports and stepped into the path of an airplane hurtling down a Colorado runway with 231 people aboard. The 41-year-old man slipped unnoticed …
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3 months 2 weeks ago
U.S. product recall activity remained elevated in the first quarter 2026, a new report shows. Sedgwick’s latest U.S. recall report shows the volume of defective products recalled across five U.S. industries rose 27% quarter-over-quarter to 492 million units in the …
3 months 2 weeks ago
More than 34,000 homes and businesses remain without power across PG&E Corp.’s service area after a weekend outage due in part to dry and windy conditions that raised the risk of wild fires. There were 659 outages impacting 34,322 customers …
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3 months 2 weeks ago
Iran has started a Bitcoin-backed insurance service for Iranian shipping companies that want to transit the Strait of Hormuz, the semi-official Fars news agency reported, citing documents obtained from the country’s Ministry of Economy and Financial Affairs. According to a …
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