Supreme Court Rejects Challenge to $2.46B Boy Scouts Sex Abuse Settlement
The U.S. Supreme Court declined on Monday to hear a challenge to the Boy Scouts of America’s landmark $2.46 billion settlement of sex abuse claims in a case involving a group of abuse survivors who wanted to pursue lawsuits against …
Judge Lets Orsted Resume Rhode Island Offshore Wind Project Halted by Trump
A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump’s administration halted along with four other projects last month. The ruling by U.S. District …
Ex-Insurance Agent Sentenced for 2 Fraud Counts Faces Additional Charges
A Baltimore County judge sentenced Michael C. Okolo, of Parkville, Maryland, to six months incarceration for two counts of insurance fraud and one count of obstruction of justice. A jury found Okolo guilty of those charges on December 4 last …
Experts Wary of Privacy, Liability From AI Health Gadgets at CES in Nevada
Health tech gadgets displayed at the annual CES trade show make a lot of promises. A smart scale promoted a healthier lifestyle by scanning your feet to track your heart health, and an egg-shaped hormone tracker uses AI to help …
FAA Notice Warned of Slackline Before Deadly Arizona Helicopter Crash
Federal aviation records show that a week before a fatal helicopter crash, a notice was issued that a tightrope would be stretched across a mountainous area of Arizona, providing a warning for pilots to watch out for the temporary obstacle …
Sexual Assault Charges Dropped Against Former AIG Exec McElroy
Authorities in Vermont have dropped sexual assault charges against David McElroy, a former executive at American International Group (AIG). According to a document filed in Vermont Superior Court in Lamoille County, the state’s attorney for Lamoille County on Dec. 31, …
Michigan Auto Industry Faces ‘a Critical Time,’ Report Says
Michigan needs to confront risks to its $348 billion piece of the global automotive industry this year and move decisively toward keeping jobs, engineering and production in the state. That message comes from Glenn Stevens, executive director of statewide industry …
People Moves: Rockford Mutual Announces Leadership Transition
Rockford Mutual Insurance Company announced CFO Mark McWethy has decided to retire effective June 30, 2026. McWethy will continue to serve the company in an advisory capacity alongside two significant leaders being promoted into their new roles. Effective immediately, Tiffany …
Texas Staffing Agency to Settle EEOC Disability Lawsuit
Peak Performers, incorporated as St. Vincent de Paul Rehabilitation Services of Texas, Inc., an Austin-based staffing agency providing staffing and recruitment services for workers with disabilities, agreed to pay $160,000 to a disabled former employee and institute significant reforms to …
Texas Medical Marijuana Industry Sprouts New Businesses, Patients
After lawmakers blunted expansion for years, Texas’ medical marijuana industry is slated to see more marijuana operators coming online, current ones opening more facilities and more Texans enrolling in the program this year. In September, Texas officially rolled out the …
Switzerland Mourns Fire Victims as Country Seeks Answers; Insurers Assess Damages
With flags already at half-mast across Switzerland, a chorus of church bells will ring out across Switzerland at 2 p.m. today in memory of the 40 victims of a deadly fire in a mountain resort. As the country pauses to …
Supreme Court Set to Issue Rulings as Trump Awaits Fate of Tariffs
The U.S. Supreme Court could issue at least one ruling on Friday as several major cases remain pending including litigation testing the legality of President Donald Trump’s sweeping global tariffs. The court may release opinions in argued cases when the …
NC Insurance Commissioner Urges President to Not Pardon Greg Lindberg
North Carolina’s insurance commissioner has heard nothing from the White House, three weeks after he sent a letter urging the president to refrain from pardoning twice-convicted insurance entrepreneur Greg Lindberg. “Mr. Lindberg’s criminal conduct was not incidental, technical, or victimless. …
People Moves: Munich Re Syndicate Taps HDI’s Ogden as CEO; HDI Global UK & Ireland Names Hunt as Interim CEO in UK & Ireland as Ogden Departs
This edition of International People Moves details leadership transitions at Munich Re Specialty and HDI Global. A summary of these appointments follows here. Munich Re announced that Stephanie Ogden has been named CEO of Munich Re Specialty’s Syndicate, effective March …
Baldwin Group Acquires Capstone Group in Philadelphia
Florida-based global insurance broker The Baldwin Group announced it has completed the acquisition of Capstone Group, a multi-line independent insurance brokerage firm headquartered in Lower Gwynedd Township, Pennsylvania, in the Philadelphia area. Capstone was founded in 2013 by Kevin M. …
How Trump’s Tariffs Ricochet Through A California Business Park
America’s trade wars forced Robert Luna to hike prices on the rustic wooden Mexican furniture he sells from a crowded warehouse here, while down the street, Eddie Cole scrambled to design new products to make up for lost sales on …
Surge of Supercharged Hurricanes Prompt Call for Cat 6 Classification
Scientists warn that warming sea surface temperatures are fueling a surge of extreme, off-the-charts storms, prompting a new hurricane category. Warm, deep ocean hot spots are leading to stronger and more dangerous hurricanes and typhoons, according to new research by …
Law Firm Faces Sanctions for Failing to Vet Ugandan Claims in $6B 3M Case
An Alabama law firm will likely have to pay more than $800,000—plus another $100,000 in sanctions—for failing to verify hearing loss in hundreds of Ugandans who claimed part of the massive settlement over faulty 3M earplugs. “It’s been a learning …
Company Hit With $9 Million Fine for 2023 Oil Spill off Louisiana Coast
Pipeline safety regulators this week assessed their largest fine ever against the company responsible for leaking 1.1 million gallons of oil into the Gulf off the coast of Louisiana in 2023. But the $9.6 million fine isn’t likely to be …
Russian-Bound Tanker Hit by Drone in Black Sea, Maritime Sources Say
A Russia-bound oil tanker suffered a drone attack in the Black Sea that prompted it to request Turkish coastguard assistance and divert from its course, according to a notice by Lloyd’s List Intelligence and a separate maritime security source on …
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