It began with “door knockers” – the all-too-familiar practice of roofing companies telling homeowners that they could get a new roof with little or no out-of-pocket expense. North Carolina Farm Bureau Insurance, the second-largest property insurer in the state with …
The McGowan Companies, one of the nation’s largest insurance conglomerates, has announced the acquisition of Westcap Insurance Services through an asset purchase agreement. According to a press release, the transaction became effective Nov. 1. Westcap will continue to operate under …
Missouri’s top prosecutor said China is suing after the state pressed federal officials for help collecting on a roughly $25 billion court judgment related to the COVID-19 pandemic. Attorney General Catherine Hanaway said in a news release that China is …
An investigative reporter best known for exposing fraud at Silicon Valley blood-testing startup Theranos sued Elon Musk’s xAI, Anthropic, Google, OpenAI, Meta Platforms and Perplexity on Monday for using copyrighted books without permission to train their artificial intelligence systems. New …
Alliant Insurance Services named Dennis Tokarsky vice president within its employee benefits group. He is based in Southern California. Tokarsky has more than 20 years of experience working with employers across North America, Europe, the Middle East, Africa, Asia-Pacific and …
As the effects of a hotter planet rack up more damages and health issues for people in exposed regions, the conversation around climate change is shifting from how to curb it to how to adapt to it. A new report …
Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model. More than $5 billion of cat …
The head of the U.S. agency for enforcing workplace civil rights posted a social media call-out urging white men to come forward if they have experienced race or sex discrimination at work. “Are you a white male who has experienced …
A federal judge on Tuesday rejected a challenge by the largest U.S. business lobby group to President Donald Trump’s $100,000 fee on new H-1B visas for highly skilled foreign workers, saying it fell under his broad powers to regulate immigration. …
Johnson & Johnson was ordered to pay about $1.56 billion to a Maryland woman who blamed the company’s talc-based baby powder for causing her asbestos-linked cancer, the largest such jury verdict for an individual in 15 years of litigation. Jurors …