A settlement agreement has been reached in a lawsuit that alleged James Franco intimidated students at an acting and film school he founded into gratuitous and exploitative sexual situations. A status report jointly filed by the two sides in Los …
New legislation would ban all fracking in California by 2027, taking aim at the powerful oil and gas industry in the state already planning to ban the sale of new gas-powered cars by 2035. Progressive California has long been a …
A small northwest Alaska city of about 900 people has declared a disaster after suffering a power outage that shut off water lines. While power has been restored in the city of Selawik, only some water lines are operational again. …
Insurers in 2021 will be doubling down on streamlining, reinforcing their core businesses and updating technology, and mergers and acquisitions will help them get there as it did in 2020, according to a Bain & Co. report. “We anticipate that …
Plans by Britain and the European Union to set up a new financial cooperation forum by the end of March have made some progress but this will not automatically lead to market access, senior officials said on Tuesday. Britain’s trade …
National wholesale broker CRC Group announced that Alex Bonds has joined the company as chief officer for Property Programs to lead CRC’s exclusive Insurisk brand’s property facility development. Bonds joins the CRC Group team from Aspen Insurance where he was …
Digital wholesaler broker Pathpoint reported it now has a new general liability submission and instant quoting service for contractor segments, with participation from leading contractor excess and surplus markets. Contractor-specific coverages available through Pathpoint’s web-based platform include builders, construction, carpentry, …
Dominion Voting Systems has filed a $1.3 billion defamation lawsuit against the founder and CEO of Minnesota-based MyPillow, saying that Mike Lindell falsely accused the company of rigging the 2020 presidential election. The lawsuit filed in federal court in the …
North Dakota lawmakers are weighing a bill aimed at cutting down on an epidemic of catalytic converter thefts. The catalytic converters have become a hot item for thieves because of the precious metals inside. The devices, which have long been …
Applied Underwriters’ Centauri Insurance has acquired the renewal rights to approximately 16,700 policies across Alabama, Louisiana, and South Carolina from Gulfstream Property and Casualty Insurance Co. and Gulfstream Select Insurance Co. (collectively, Gulfstream). The transaction is expected to diversify Centauri’s …