Lawsuit Alleges Farm Bureau Financial Concealed Fraudulent Activities
Two former top investigators for Farm Bureau Financial Services are suing the company for fraud, racketeering and wrongful termination. The lawsuit alleges the insurer’s management group knew of fraudulent activity committed by company employees and refused to report fraud to …
POSTED NOVEMBER 24, 2025 5:49 PM |
More Federal Legislation Introduced to Tackle Third-Party Lit Funding
Sen. John Kennedy has introduced a new bill aimed at reforming the courtroom practice of third-party litigation funding. Kennedy, R-La., introduced the Protecting Our Courts from Foreign Manipulation Act last week, and it was immediately supported by the insurance industry …
POSTED NOVEMBER 24, 2025 5:32 PM |
Meta Buried ‘Causal’ Evidence of Social Media Harm, Court Filings Allege
Meta shut down internal research into the mental health effects of Facebook after finding causal evidence that its products harmed users’ mental health, according to unredacted filings in a lawsuit by U.S. school districts against Meta and other social media …
POSTED NOVEMBER 24, 2025 4:46 PM |
Norfolk Southern Revives Plans for Firefighter Training Near Site of Ohio Derailment
Norfolk Southern railroad worked with the state of Ohio and Youngstown State University to revive plans for a $20 million first responder training center near the site of the worst derailment in a decade in East Palestine, Ohio. Building a …
POSTED NOVEMBER 24, 2025 4:40 PM |
Ohio Machining Company to Pay $2M to Settle Sex Discrimination Case
Glunt Industries, Inc., a Warren, Ohio machining company which operates four large-scale fabrication plants, will pay $2 million and provide other relief to settle a lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. …
POSTED NOVEMBER 24, 2025 4:36 PM |
Former AIG, BHSI, Lloyd’s Executive Tom Bolt Dies
Well respected insurance veteran Tom Bolt has died, one of his former employers announced on Friday. “Tom was a highly accomplished insurance executive, who was deeply respected and widely admired in the global business community,” American International Group (AIG) said …
POSTED NOVEMBER 24, 2025 3:50 PM |
Vietnam Flood Deaths Reach 90 as Damage Sweeps Central Region
Severe and prolonged flooding across Central Vietnam has killed 90 people and left 12 others missing, the government said. More than 1,154 homes were damaged and about 186,000 houses inundated at the peak of the floods, the Ministry of Agriculture …
POSTED NOVEMBER 24, 2025 2:56 PM |
COP30 Climate Deal Fails to Detail Fossil Fuel Cuts, but Pledges Adaptation Funding
United Nations climate talks in Brazil reached a subdued agreement Saturday that pledged more funding for countries to adapt to the wrath of extreme weather. But the catch-all agreement doesn’t include explicit details to phase out fossil fuels or strengthen …
POSTED NOVEMBER 24, 2025 2:31 PM |
AIG to Pay Neal $2.7 Million to Cover Previous Firm’s Bonus
American International Group Inc. will hand a multimillion-dollar payout to insurance executive John Neal, even as the executive’s employment ended before he joined the firm. The insurer will pay Neal $2.7 million to compensate for “foregone incentives at his former …
POSTED NOVEMBER 24, 2025 2:30 PM |
Farmers Eliminating Homeowners Insurance Policy Cap in California
Farmers Insurance announced it will eliminate the cap on the number of homeowners insurance policies it offers in California. The move is part of a new filing, and the cap removal is effective immediately, made in anticipation of an improved …
POSTED NOVEMBER 24, 2025 2:07 PM |
Florida Republicans Oppose Trump Offshore Oil Leasing Plan
Florida Republicans, including Governor Ron DeSantis, said they oppose a Trump administration plan that could allow new oil and gas drilling in waters off the state’s Gulf Coast. The reactions came in response to an Interior Department proposal published on …
POSTED NOVEMBER 24, 2025 1:49 PM |
Spanish Court Orders Meta to Pay Nearly €500 Million in Damages to Media Outlets
Spanish legacy media companies in Spain scored a victory against social media giant Meta after a Madrid-based court ordered Thursday [Nov. 20] that it must pay news outlets nearly half a billion euros in damages. According to a court statement, …
POSTED NOVEMBER 24, 2025 1:30 PM |
North Carolina Motorist Tells 911: Eagle Dropped a Cat Through the Windshield
A motorist in western North Carolina escaped injury when the carcass of a cat crashed into the passenger side of her front windshield along a highway near the Great Smoky Mountains National Park. In a call to 911, the unidentified …
POSTED NOVEMBER 24, 2025 1:22 PM |
Indonesia Seizes 8 Containers of Imported Zinc Powder Contaminated With Caesium-137
Indonesia has seized eight containers of imported zinc powder found to be contaminated with radioactive caesium-137, an official said on Monday, as the Southeast Asian country steps up efforts to intercept contaminated goods leaving and entering the country. The containers …
POSTED NOVEMBER 24, 2025 12:56 PM |
Ozempic Users in Denmark Win Eye-Disease Payout
Four patients who developed a serious eye disease after using Novo Nordisk A/S’s blockbuster weight-loss drugs have been granted compensation in Denmark, the drugmaker’s home market. The claimants received a combined 800,000 kroner ($124,000), though that figure may rise if …
POSTED NOVEMBER 24, 2025 12:32 PM |
US States Take Aim at Data-Driven Pricing to Ease Consumer Pain
Even as the White House seeks to roll back state laws on artificial intelligence, states are pursuing an increasing number of bills to ban tech-driven pricing practices in an effort to bring consumers relief from high costs. By taking on …
POSTED NOVEMBER 24, 2025 6:11 AM |
As Infant Botulism Cases Climb to 31, Recalled ByHeart Formula Remains on Shelves
As cases of potentially deadly botulism in babies who drank ByHeart infant formula continue to grow, state officials say they are still finding the recalled product on some store shelves. Meanwhile the company reported late Wednesday that laboratory tests confirmed …
POSTED NOVEMBER 24, 2025 6:05 AM |
‘Agent of the Year’ in Georgia Sentenced to 2+ Years After Misusing Premium Payments
A central Georgia insurance agency owner and former Alfa insurance agent of the year must serve more than two years in prison after he pleaded guilty to bank fraud and misusing more than $220,000 in premiums. Jeremy Lasseter, who owned …
POSTED NOVEMBER 24, 2025 6:02 AM |
SEC to Drop Controversial SolarWinds Cyberattack Lawsuit
The US Securities and Exchange Commission will drop its landmark lawsuit against SolarWinds Corp. that accused the company of covering up internal problems ahead of a massive cyberattack. The SEC, the software company and its top information security official jointly …
POSTED NOVEMBER 24, 2025 6:01 AM |
Trump Threatens to Withhold $75M From Pennsylvania Over Immigrant Truck Drivers
The Trump administration has threatened to withhold nearly $75 million in funding if Pennsylvania does not immediately revoke what the administration claims are illegally issued commercial driver’s licenses to immigrants. The move by U.S. Transportation Secretary Sean Duffy to target …
POSTED NOVEMBER 24, 2025 6:00 AM |
Connecticut Insurance Commissioner Mais Retires; Hershman Eyed as Successor
Connecticut Governor Ned Lamont announced that Insurance Commissioner Andrew N. Mais will be retiring from state service effective November 28, 2025 after nearly seven years of service in the role. Additionally, the governor announced that he is nominating Josh Hershman …
POSTED NOVEMBER 24, 2025 6:00 AM |
New Hampshire High Court Hears Disputed $38M Verdict in Youth Center Abuse Case
New Hampshire Supreme Court justices heard oral arguments Thursday about the disputed verdict in a landmark lawsuit over abuse at the state’s youth detention center, questioning whether their decision could bankrupt the state or essentially let it off the hook. …
POSTED NOVEMBER 24, 2025 6:00 AM |
Joby Aviation Sues Air-Taxi Rival Archer in California Over Trade Secrets
Electric air-taxi company Joby Aviation has sued rival Archer Aviation in California state court for allegedly stealing its trade secrets, according to a complaint made public on Thursday. Joby said in the lawsuit, filed on Wednesday in state court in …
POSTED NOVEMBER 24, 2025 6:00 AM |
Tesla Sued Over Fatal Crash in Washington in Growing Scrutiny of Doors
Tesla Inc. was sued over a fiery crash in Washington state that left one person dead and another seriously injured after rescuers allegedly struggled to open the vehicle’s doors, the latest in a growing body of litigation scrutinizing the company’s …
POSTED NOVEMBER 24, 2025 6:00 AM |
People Moves: TMK Taps Beresford From CNA Hardy as Life Sciences U/W; Hampden Risk Partners Promotes D’Alessandro as Active U/W, Replacing Sharp
This edition of International People Moves details appointments at Tokio Marine Kiln and Hampden Risk Partners. A summary of these new hires follows here. Tokio Marine Kiln Taps Beresford From CNA Hardy as Life Sciences U/W Tokio Marine Kiln (TMK), …
POSTED NOVEMBER 21, 2025 5:47 PM |