Bayer’s $7.25B Roundup Settlement Gets Initial OK From Judge
A state court judge in Missouri gave an initial green light on Wednesday to a proposed $7.25 billion settlement to resolve thousands of lawsuits claiming Bayer’s Roundup weedkiller causes cancer. Judge Timothy Boyer in St. Louis granted preliminary approval to …
POSTED MARCH 05, 2026 6:15 AM |
How State Farm, USAA Boost Customer Retention: Historic Dividends
While competition in personal auto insurance is rising to levels high enough to dent customer retention at GEICO, a giant mutual insurer and a reciprocal exchange have both tapped into a customer-friendly option unavailable to large stock insurers. State Farm …
POSTED MARCH 05, 2026 6:09 AM |
Viewpoint: Business Interruption Insurance Must Catch Up With Climate Volatility
In the wake of recent weather events around the world, whether it’s the bomb cyclone that hit the US from the Gulf Coast to New England, or the combination of Storms Ingrid and Chandra battering the south coast of the …
POSTED MARCH 05, 2026 6:04 AM |
Banks on High Alert for Cyberattacks as Iran War Escalates
The U.S. financial services industry is on heightened alert for potential cyberattacks amid the unfolding U.S. war in Iran, with firms stepping up monitoring for threats that often rise during periods of geopolitical conflict, said executives and analysts. The killing …
POSTED MARCH 05, 2026 6:02 AM |
Viewpoint: Alabama Needs Tort Reform, Too, as Litigation Costs Rise
Editor’s note: No significant tort-reform legislation is currently making its way through the Alabama Legislature. But at least one state senator is calling for action. Good news continues to roll out of the Sunshine State. Florida Governor Ron DeSantis recently …
POSTED MARCH 05, 2026 6:02 AM |
Westchester Close to Settling on Hurricane Sally Condo Claim That Topped $230M
Westchester Surplus Lines Insurance has reached a settlement with a Florida condominium association in a hurricane claim, three years after the condo claimed damages that insurers said were so inflated that they were termed “outrageous.” “This matter involves an egregious …
POSTED MARCH 05, 2026 6:02 AM |
Primary Carrier’s Insolvency Triggers Excess Carrier’s Obligation
A waterworks products company facing asbestos claims is entitled to tap its Chubb excess insurance policy because its primary insurance has been “exhausted” as a result of the primary carrier’s insolvency and its inability to pay any covered claims. A …
POSTED MARCH 05, 2026 6:00 AM |
People Moves: Merchants Insurance Appoints Walkup as Head of Claims
Merchants Insurance Group, headquartered in Buffalo, New York, appointed Pete Walkup as its vice president, head of claims. Walkup oversees all claims operations, with an emphasis on operational performance, process modernization, and delivering value to policyholders. Walkup joins Merchants from …
POSTED MARCH 05, 2026 6:00 AM |
Cal/OSHA Fines Fabricator $212K Over Employee Finger Amputation
California safety regulators levied a heavy fine against a metal fabricator over an incident that cost a worker a finger. Cal/OSHA fined All FAB Precision Sheetmetal $212,850 after a June 2025 press brake incident in San Jose amputated a worker’s …
POSTED MARCH 05, 2026 6:00 AM |
New York City Paid $117 Million Last Year for Police Misconduct Settlements
New York City paid more than $117 million last year to settle police misconduct lawsuits in cases ranging from the violent arrests of protesters in 2020 to bad police work that led to wrongful convictions in the 1980s, according to …
POSTED MARCH 05, 2026 6:00 AM |
Painter Admits He Fraudulently Collected $10K in Workers’ Comp After Returning From Injury
A New York man who claimed he could not work because of an ankle injury sustained in his work as a painter collected more than $10,000 in workers’ compensation wage replacement benefits while concealing he was back on the job. …
POSTED MARCH 05, 2026 6:00 AM |
Nebraska AG Sues Roblox Over Alleged Child Safety Failures
Nebraska Attorney General Hilgers this weekannounced a consumer‑protection and child‑safety lawsuit against Roblox Corporation, alleging that the company has knowingly created and maintained an online environment that exposes millions of children to sexual predators, violent content, and illegal activity while …
POSTED MARCH 04, 2026 5:26 PM |
Small Container Ship Abandoned After Being Hit in Hormuz
A container vessel was abandoned after being hit while transiting the Strait of Hormuz, a UK naval group said, as conflict continues to menace commercial shipping in the region. The ship is the Safeen Prestige, according to maritime security companies, …
POSTED MARCH 04, 2026 5:12 PM |
Gulf Shipping Crisis Deepens as Tankers Stranded for Fifth Day, US Sinks Iranian Warship
The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralyzed shipping through the Strait of Hormuz for a fifth day and choked off vital Middle East oil …
POSTED MARCH 04, 2026 5:01 PM |
For Some Small Businesses, a Tariff Refund Isn’t Worth the Pain of Pursuing
The day the U.S. Supreme Court struck down the tariffs that had cost Ian Rosenberger’s backpack company Day Owl tens of thousands of dollars, friends started texting him their congratulations. He didn’t share their elation. “I don’t see any possible …
POSTED MARCH 04, 2026 4:53 PM |
NFP Launches Group Captive Practice With Acquisition of NC-Based Trinity Risk
NFP, an Aon company and property-casualty insurance brokerage, has launched a new captive management practice with the acquisition of Charlotte-based Trinity Risk Advisors. NFP’s new Group Captive practice will help companies seeking more control over their risks by pooling resources …
POSTED MARCH 04, 2026 4:33 PM |
NATO Shoots Down Iranian Ballistic Missile Headed for Turkey
The North Atlantic Treaty Organization on Wednesday shot down a ballistic missile fired from Iran and headed toward Turkish airspace, marking the first time the alliance stepped in to defend a member state since the US and Israel began attacking …
POSTED MARCH 04, 2026 4:18 PM |
Sentry: Are Business Leaders Worried About the Right Risks?
More than half (54%) of U.S. business leaders expect their companies to survive and thrive in 2026, yet 60% say they’re more stressed than they were last year, according to mutual insurer Sentry’s 2026 C-Suite Stress Index survey. Sentry’s survey …
POSTED MARCH 04, 2026 4:10 PM |
Google Gemini Accused of Coaching Florida Man to Suicide
Google is facing a lawsuit from the family of a 36-year-old Florida man who allegedly considered carrying out a “mass casualty attack” and ultimately killed himself under the influence of the company’s Gemini chatbot. According to a suit filed Wednesday …
POSTED MARCH 04, 2026 4:00 PM |
AI Gives Unloved Downtown Buildings New Life as Data Centers
The Kansas City Star built a $200 million complex to house a state-of-the-art printing press in 2006. Less than 15 years later, the iconic structure of blue and green glass came to symbolize the collapse of print news when parent …
POSTED MARCH 04, 2026 3:53 PM |
Two People Saved from Hot-Air Balloon Entangled on Tower in East Texas
Crews in East Texas rescued two people stranded hundreds of feet in the air after a hot-air balloon became entangled on a communications tower over the weekend. Firefighters responding to the tower on Saturday morning found the balloon entangled more …
POSTED MARCH 04, 2026 3:24 PM |
Texans for Lawsuit Reform Suffer String of Primary Losses
Nearly every state legislative incumbent was poised to win their primary on Tuesday, in a stark change from the conservative bloodletting rendered in the Texas House two years ago. Two years ago, intraparty warfare resulted in a massive scrambling on …
POSTED MARCH 04, 2026 3:14 PM |
Justin Timberlake Sues to Block Release of Police Video From 2024 Drunk Driving Arrest
Justin Timberlake is suing to block the release of police body camera footage from his drunken driving arrest in New York’s Hamptons in 2024. The pop star’s lawyers argued in a lawsuit filed Monday against the village of Sag Harbor …
POSTED MARCH 04, 2026 3:07 PM |
New York Taxi Insurer Failed to Defend Uber in Crash Cases, Judge Says
A US judge sided with Uber Technologies Inc. in its complaint that American Transit Insurance Co., the largest taxi insurer in New York City, failed to defend the ride-hailing company in crash cases involving its drivers. ATIC breached its duty …
POSTED MARCH 04, 2026 1:26 PM |
Trump’s Hormuz Assurances Are Only a Partial Fix, Shippers Say
President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the shipping industry sees it — at best — as only a partial solution to …
POSTED MARCH 04, 2026 8:26 AM |