Britain’s financial watchdogs are not doing enough to stop AI from harming consumers or destabilizing markets, a group of lawmakers said on Tuesday, urging regulators to move away from a “wait and see” approach as […]
BHP was on Monday refused permission to appeal against a ruling that it is liable for the 2015 collapse of a dam in southeastern Brazil, in a London lawsuit potentially worth tens of billions of […]
The U.S. Supreme Court agreed on Friday to hear Bayer’s bid to sharply limit lawsuits claiming that the company’s Roundup weedkiller causes cancer and potentially avert billions of dollars in damages. The justices took up […]
With takeouts continuing at a steady pace and more carriers working the Florida property insurance market, state regulators saw fit to more than triple the size of Citizens’ Property Insurance Corp. recent rate decrease request. […]
Bona fide expertise in Florida property insurance law is inching closer to reality, with new rules and new education initiatives. The Florida Bar’s Board of Governors in September approved proposed rules for a certification in […]
Insurica, one of the largest U.S. brokerages, announced it has acquired Florida-based First Light Program Managers, a wholesale brokerage and delegated underwriter specializing in trucking and marine coverage. The acquisition, effective this month, is the […]
New York City said it’s suing a food-delivery technology provider for withholding pay from workers, signaling Mayor Zohran Mamdani’s get-tough approach to regulating app-based work. Motoclick violated delivery worker laws by failing to pay the […]
A year after the Los Angeles wildfires, many survivors face the same problem: Their insurance policies aren’t paying out enough to cover the cost of rebuilding. It’s a tragic predicament. And it will happen again […]
Cowbell named Simon Hughes chief commercial officer. Hughes, who previously served as senior vice president, global distribution and general manager, U.K., will oversee Cowbell’s global commercial strategy, including distribution, partnerships, international expansion and market development. […]
A homeowner’s insurer was right to deny a grandmother coverage for a claim against her grandson because he did not qualify as a member of her household. The Massachusetts Appeals Court agreed with Arbella Mutual […]
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