Attorney General Brenna Bird announced she has sued the online gaming company Roblox for allegedly failing to take necessary steps to protect Iowa kids from sexual exploitation, facilitating distribution of child sex abuse material, and failing to warn Iowa parents …
A former loss representative for National General Insurance Co. and his mother allegedly ran a scheme in 2022 that involved false claims, a fake towing company and a $141,000 loss for the insurer. Horace Kelly, 40, and his mom, Greta …
Vantage Group Holdings Ltd., the privately held specialty re/insurer, has entered into a definitive agreement to be acquired by Howard Hughes Holdings Inc. (HHH) for approximately $2.1 billion. The Vantage deal, which is expected to close in the second quarter …
Apollo Global Management Inc. is building out its risk review process to reflect the impact on asset valuations of extreme weather. The decision comes amid a rise in the damage done to physical assets by floods, storms and wildfires. Apollo, …
Jencap, one of the largest wholesale brokerages in the U.S., announced that John Michael “JM” Edge, formerly of Amwins, is the new property and casualty binding team manager for Atlanta, Charlotte and Denver teams. Edge spent more than 10 years …
Georgia Insurance Commissioner John King announced more auto insurance rate reductions for motorists in the state—the second announcement in as many months. King credited tort-reform laws and stepped-up efforts to combat insurance fraud. “As we continue the OCI mission to …
The cannabis world is buzzing about a possible move to reclassify marijuana from Schedule I to Schedule III under the Controlled Substances Act. If it happens, it will be a meaningful shift—especially for taxes and market access—but it will not …
Insurance broker NFP, an Aon company, announced the acquisition of Hamilton Insurance Agency, a property/casualty broker and benefits administration provider in Fairfax, Virginia. Hamilton has been a leader in the insurance market for the senior housing and long-term care sector. …
The New York Times asked a judge to once again dismiss President Donald Trump’s $15 billion defamation lawsuit, arguing the complaint is based on “implausible allegations” that cannot overcome First Amendment protections. The suit fails to explain exactly how dozens …
Mavis Tire Supply, a nationwide tire dealer and automotive service provider based in White Plains, New York, entered into a conciliation agreement with the U.S. Equal Employment Opportunity Commission (EEOC) to resolve a religious discrimination and retaliation charge, the federal …