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1 08, 2025

Specialty Program Group Acquires Miami-Based ANOVA Marine Insurance

By | August 1st, 2025|Uncategorized|Comments Off on Specialty Program Group Acquires Miami-Based ANOVA Marine Insurance

Specialty Program Group, a specialty insurance brokerage and distribution firm headquartered in Chicago, has acquired Florida-based ANOVA Marine Insurance, a managing general agent and Lloyd’s coverholder. ANOVA, in business since 2011, offers automated coverage and global policies for cargo, and …

28 07, 2025

Wrongfully imprisoned Maryland Man Spent 32 Years Behind Bars Sues Authorities

By | July 28th, 2025|Uncategorized|Comments Off on Wrongfully imprisoned Maryland Man Spent 32 Years Behind Bars Sues Authorities

A Maryland man who was wrongly imprisoned for 32 years, including a decade on death row, for two killings he did not commit is suing former law enforcement officials in a lawsuit announced Thursday, though four of the five people …

31 07, 2025

NYC Faces Threat of Rush-Hour Floods After Morning Subway Delays

By | July 31st, 2025|Uncategorized|Comments Off on NYC Faces Threat of Rush-Hour Floods After Morning Subway Delays

New York City commuters are bracing for potential flooding from heavy rain Thursday evening, just hours after an unrelated power outage snarled the morning rush hour. The Metropolitan Transportation Authority suspended service on multiple lines as crews investigated a loss …

1 08, 2025

Missouri’s 2025 Insured Losses From Severe Weather Approaching $2 Billion

By | August 1st, 2025|Uncategorized|Comments Off on Missouri’s 2025 Insured Losses From Severe Weather Approaching $2 Billion

The Missouri Department of Commerce and Insurance (DCI) reported Thursday that severe weather has already caused nearly $1.6 billion in damage throughout the state this year. “The insurance industry continues to respond and assist Missourians as they rebuild and repair …

1 08, 2025

KCC Completes Review of California Wildfire Model

By | August 1st, 2025|Uncategorized|Comments Off on KCC Completes Review of California Wildfire Model

The California Department of Insurance completed a review of the KCC US Wildfire Reference Model Version 3.0, making it the state’s second wildfire catastrophe model. The new model for use by insurers in assessing wildfire risk in property insurance ratemaking …

28 07, 2025

Justice Department Prepares Crackdown on Trump Tariff Violators

By | July 28th, 2025|Uncategorized|Comments Off on Justice Department Prepares Crackdown on Trump Tariff Violators

Federal prosecutors are laying the groundwork to criminally charge companies and individuals that try to evade US tariffs as President Donald Trump readies a fresh round of levies next week. American customs officials have long sought to thwart attempts to …

31 07, 2025

AI, Crypto Securities Class Actions on Track for Highs in 2025: Cornerstone

By | July 31st, 2025|Uncategorized|Comments Off on AI, Crypto Securities Class Actions on Track for Highs in 2025: Cornerstone

Overall numbers of securities class actions filed in the first half of 2025 are in line with last year, but artificial intelligence- and cryptocurrency-related filings are on the rise. According to a report by Cornerstone Research in collaboration with the …

1 08, 2025

Former Insurance Agent Arraigned in Investment Scam for Fake Cannabis Business

By | August 1st, 2025|Uncategorized|Comments Off on Former Insurance Agent Arraigned in Investment Scam for Fake Cannabis Business

Formerly licensed insurance agent was arraigned this week on multiple felony charges involving fraud for duping people to invest in a non-existent marijuana business. Matthew Evans, 36, of Palmdale, pleaded not guilty to multiple felony charges involving fraud, after a …

1 08, 2025

Bayer Adds $1.37B to Roundup Litigation Reserves

By | August 1st, 2025|Uncategorized|Comments Off on Bayer Adds $1.37B to Roundup Litigation Reserves

German pharmaceutical and biotechnology group Bayer said on Thursday it had set aside an additional 1.2 billion euros ($1.37 billion) in provisions to address ongoing litigation in the United States over weed killer Roundup. The German group said that, on …

28 07, 2025

Women’s Dating App Tea Reports 72,000 Images Stolen in Security Breach

By | July 28th, 2025|Uncategorized|Comments Off on Women’s Dating App Tea Reports 72,000 Images Stolen in Security Breach

Tea, an app that lets women anonymously comment and review dates with men, said it has suffered a data breach, with hackers gaining access to 72,000 user images. A Tea spokesperson confirmed the hack to Reuters on Saturday, saying they …