Asset managers with sizable holdings of catastrophe bonds are watching to see how a recent recommendation by Europe’s markets watchdog will disrupt the status quo, with some already warning of a potential selloff. At issue is the $17.5 billion of …
In 2023, dirty mine water gushed out of the ground behind James Christian’s home, flooding his yard in Wyoming County, West Virginia. Sinkholes formed, a strong sulfur-like odor lingered in the air and oily sheens began coating the creek. Residents …
Claims associated with functional restoration programs in California’s workers’ compensation system averaged $234,003 total, 59% higher than matched non-FRP claims, a new study shows. A study from the California Workers’ Compensation Institute out this week examines FRPs, multidisciplinary treatments aimed …
A judge has rejected an attempt by the state of Georgia and a local development agency to force people who unsuccessfully sued to block an electric vehicle plant to pay the government’s legal fees. State government and the development authority …
California will extend a key climate program under a bill state lawmakers passed Saturday, sending the measure to Gov. Gavin Newsom, who has championed it as a crucial tool to respond to the Trump administration’s environmental rollbacks. The Democrat-dominated Legislature …
A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack a target in South Korea, according to cybersecurity researchers. Attackers used the artificial intelligence tool to craft a fake draft …
Skyward Specialty Insurance Group recruited Christopher Zitzmann as President of Inland Marine and Transactional Property. With more than two decades of experience in the property and inland marine markets, Zitzmann is known for his deep industry expertise, leadership and building …
A federal judge has blocked the Trump administration’s attempt to subpoena medical records of transgender patients who received gender-affirming care at Boston Children’s Hospital. In a ruling on Tuesday, U.S. District Judge Myong Joun said the administrative subpoena served by …
The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites. The lawsuit by Penske Media in federal court in Washington, D.C., …
The California Second District Court of Appeals found that a retail store chain illegally sold credit insurance to its customers. The California Department of Justice charged Adir International LLC (dba Curacao), and its owner Ron Azarkman of unlawfully profiting from …