Trade Court Rules Trump Tariffs Illegal, but Issues Narrow Block
A U.S. trade court dealt another blow to President Donald Trump’s tariff strategy, ruling that his latest 10% temporary global duties are unjustified under a 1970s trade law, but blocked the levies only for two private importers and the State …
Travelers: Aging Workforce, New Employees Drive Complexity in Injury Claims
Recovery times for injured workers are growing longer even as workplace injury rates decline, according to a new report from Travelers. The rising complexity of injury claims is driven by an aging workforce as well as a disproportionate vulnerability to …
Cyber Ransom Attacks Up, but Payments Headed Down on Better Preparedness
Data breaches (33.5%), cybercrime (31.8%) and extortion events (18.3%) accounted for most of Cowbell's reported claims over the past 18 months.
California AG Settles with Aspen Dental for $2M Over False Advertising
A dental services provider is paying more than $2 million to settle charges of false advertising by California Attorney General Rob Bonta. Bonta’s office reached a settlement with Aspen Dental Management Inc. for engaging in false and misleading advertising. Aspen …
Trump Administration Investigating Smith College Over Transgender Policy
The U.S. Department of Education opened an investigation Monday into Smith College, an all-women’s institution in Massachusetts, for admitting transgender women. The probe by the department’s Office of Civil Rights will look at whether the college violated Title IX, a …
How Pittsburgh Insurance Agent Ended Up on Stage at 2026 NFL Draft
When Nick Bouchat was lining up field goals at Highlands High School and later at Edinboro University, he never imagined he would one day have the opportunity to be part of a real National Football League (NFL) draft. The insurance …
Virginia Monitoring Traveler Linked to Hantavirus-Hit Cruise Ship
The Virginia Department of Health said on Thursday it is monitoring a resident who recently returned from a cruise ship linked to a deadly Hantavirus outbreak. The person had been aboard the MV Hondius, a Dutch-flagged expedition cruise ship that …
California Teens See Cannabis as Safer Than Alcohol, Vapes and Cigarettes
Newswise — Adolescents in California consistently perceive cannabis as less harmful than other commonly used substances, according to a new study analyzing data from two large statewide school surveys. Shu-Hong Zhu, PhD, professor at the UC San Diego Herbert Wertheim …
New York State Has Budget Deal That Includes Auto Insurance Reforms: Gov. Hochul
New York State has a 2026-2027 budget agreement, at least according to Gov. Kathy Hochul. Hochul announced today that the budget totals about $268 billion and includes some but not all of her proposals for auto insurance reform to lower …
ALPS to Acquire Ohio Bar Liability Insurance Company
The Ohio State Bar Association (Ohio Bar) and ALPS Insurance (ALPS) today announced that they have entered into a definitive agreement under which ALPS will acquire the Ohio Bar Liability Insurance Company (OBLIC), a leading provider of professional liability insurance …
People Moves: NCDOI Names Price Deputy Commissioner Over Company Services
North Carolina’s insurance commissioner has named a financial analysis veteran to the role of senior deputy commissioner, overseeing the Company Services Group at the Department of Insurance. Jessica Price has led financial analysis at NCDOI for 15 years, and before …
People Moves: Brotherhood Mutual Announces Leadership Promotions & Transition; Assurex Global’s Johnson Named SVP, Global Growth Strategy
Brotherhood Mutual Announces Leadership Promotions & Transition Brotherhood Mutual Insurance Company, headquartered in Fort Wayne, Indiana, made several changes to its executive team. Scott Figgins assumes a new role as senior vice president – integration officer. He previously served as …
Allianz Commercial Transitions its Standalone Cyber Business to MGA Coalition
Allianz Commercial announced an agreement which transitions its standalone commercial cyber insurance business to Coalition, the managing general agent and specialist cyber insurer. The agreement establishes Coalition as Allianz’s exclusive global partner for cyber insurance across all commercial segments, combining …
Texas Mutual Board Approves $300M Dividend Distribution
Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, announced that its board of directors has approved a $300 million general dividend distribution for 2026. This marks the 28th consecutive year Texas Mutual has paid a general …
Spirit Airlines Shuts Down After 34 Years, Blames Higher Oil Prices
Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced this week that it has gone out of business after 34 years. The ultralow cost airline that once operated hundreds of daily …
Fire Destroys Lab Building on University of South Florida Campus
Firefighters worked through the night to extinguish a blaze at a laboratory on the University of South Florida campus in St. Petersburg and officials said Sunday that the building could be a total loss. The fire Saturday night prompted evacuations …
Business Moves: Howden Acquires Cyber Analytics Firm Cybeta
Howden announced it has acquired the intellectual property assets of Cybeta, LLC, a cyber data and analytics provider. Terms of the deal were not disclosed. Howden said the acquisition enables the brokerage to provide clients with faster, more precise insight …
Florida’s Baldwin Group Brokerage Sees Small Q1 Loss After Busy Merger Year
One quarter after Tampa-headquartered The Baldwin Group purchased CAC Group brokerage and reported a $26 million net loss, the brokerage posted just a $1.9 million loss for Q1 2026. On a per-share basis, Baldwin saw net income of 2 cents. …
Pacific Hurricane Season Brings Higher Risk of Impacts for Hawaii, SoCal, Mexico
Exceptionally warm waters and a developing El Niño will increase the risk of direct hurricane impacts in Hawaii, Southern California and parts of Mexico this year, according to an AccuWeather analysis out on Wednesday. The forecast shows the Eastern and …
SEC Rule to End Biden-Era Climate Policy Sent to White House
The White House is reviewing a proposal from the Securities and Exchange Commission to formally end Biden-era climate disclosure rules for publicly-traded companies. The regulator sent the measure to the White House’s Office of Management and Budget for review on …
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