A UK litigation funder is seeking fresh capital less than six months after it liquidated a key fund, the latest twist for a firm that’s navigated a bumpy year. Katch Investment Group is raising new money for its open-ended Katch …
Bayer AG is preparing to announce a $10.5 billion settlement push to resolve current and future cancer lawsuits over its top-selling Roundup weedkiller, according to people familiar with the plan. The German conglomerate is set to propose a $7.5 billion …
Three contract workers suffered burns while working on transport operations at the ExxonMobil XOM.N facility in Beaumont, Texas, KDFM and other media reported late on Thursday. The KDFM report cited a statement from ExxonMobil, which said the contract workers were …
Insureds cannot rely on the word of an insurance adjuster—even one hired by the insurer—to show that a homeowners’ policy covers sewage backup, a federal appeals court said in a case that underscored the sanctity of policy exclusions but also …
The U.S. Department of Labor has ordered two Houston, Texas-based construction companies and their owners to reinstate and compensate two workers who were fired for raising asbestos concerns during repair of a hotel after Hurricane Beryl. The department’s Occupational Safety …
Kansas Insurance Commissioner Vicki Schmidt announced a Reno County man has been sentenced to 21 months in prison for insurance fraud, making false information, and forgery. Larry Wilson, aged 54, pleaded guilty on December 11, 2025, in Reno County District …
A federal safety agency investigating an August blast at a U.S. Steel plant near Pittsburgh that left two workers dead said it found a series of incomplete, outdated or inadequate procedures and practices that “exposed” employees to the explosion, which …
Texas’ top lawyer is taking a manufacturing company to court, saying its Bastrop plant smells like “boiling blood, and even death” and is making life miserable for people as far as 10 miles away. Attorney General Ken Paxton filed a …
Gainesville, Florida-based King Risk Partners has acquired the Hanc Group, an insurance agency that serves the Korean-American community and others in north Georgia, King Risk announced this week. Rick Han, owner of Alpharetta-based Hanc Group, said in a news release …
Investors in catastrophe bonds are seeing a decline in risk premia to levels not seen since before Hurricane Ian hit Florida in 2022, as a surge in fresh capital drives down potential returns. That’s according to an analysis by reinsurer …