Jury Says Apple Owes Record $5.7B in Haptic Technology Patent Case
A US jury ruled that Apple owes San Diego-based Taction more than $5.7 billion for using its patented technology to power the haptic feedback in iPhones and Apple Watches. Apple said it would appeal the country’s largest such verdict to …
How Insurers Can Gain the Most Value From Their AI Investments: Accenture
Insurers will help maximize their return on AI investments by adopting an enterprise-wide strategy, rather than just focusing on select and segmented areas, which splits the ownership and investment, according to research from Accenture. “AI capability remains concentrated in small …
TikTok Reaches First State Settlement Over Teen Safety Claims, Agrees to User Limits
Alabama said on Friday it had reached a settlement with TikTok and its Chinese parent company, ByteDance, that requires the social media platform to impose new usage limits and enhanced age-verification measures for users in the state, resolving claims that …
Another Crane, Then Another, Collapses Onto Home in Fort Lauderdale
A crane that was reportedly being used to set up a termite tenting operation fell onto a Fort Lauderdale home last week, causing significant structural damage to the one-story structure. Hours later, a second crane was brought in to remove …
Lawsuits Allege Six Flags Roller Coaster Caused Traumatic Brain Injuries
Three people who went to California’s Six Flags Magic Mountain have filed lawsuits saying they were left with traumatic brain injuries from the park’s famed X2 roller coaster that is advertised as a rite of passage for the “ultimate daredevil.” …
California’s El Niño Emergency Begins Now as Beaches Erode
California is facing a potentially multi-billion-dollar flood threat as El Niño gathers strength in the Pacific Ocean. The warming El Niño phenomenon tends to unleash powerful storms in the Pacific, including atmospheric rivers, some of which are named the “Pineapple …
Relation Insurance Reports It Acquired Pennsylvania’s LaPlaca Agency
Relation Insurance Services reported that it has closed on its acquisition of LaPlaca Insurance, Inc. in Pennsylvania. The transaction went into effect on June 30, 2026. Terms of the transaction were not disclosed. Located in Chalfont, Pennsylvania, LaPlaca serves the …
NYC Lawmakers Propose Financial Rewards for AI Whistleblowers
New York City lawmakers want to offer financial incentives to whistleblowers who expose dangerous artificial intelligence practices, part of a package of bills aimed at tightening oversight of the technology. One measure set to be debated by the City Council …
Blackstone-Backed Insurance Underwriter The Fidelis Partnership Files for IPO
Insurance underwriter TFP Group, better known as The Fidelis Partnership, filed for a US initial public offering on Friday, as the fall listing window looks to gain momentum after a tepid start. Expectations for a strong pickup in the fall …
Minnesota Settles Over Fraudulent Claims for Child Nutrition Funds
Minnesota Attorney General Keith Ellison announced that he has filed a civil lawsuit and an $18.5 million settlement of the civil lawsuit with Partners in Nutrition, d/b/a Partners in Quality Care (“PIN”), that resolves claims that the non-profit knowingly defrauded …
Louisiana Manufacturing Company Sued for Disability Discrimination
Hunt Forest Products, L.L.C., a Ruston, Louisiana-based wood products manufacturing company, violated federal law when it terminated a laborer’s employment after learning he had a seizure while not at work, the U.S. Equal Employment Opportunity Commission (EEOC) alleged in a …
TDI Launches Tool Showing Why Carriers Don’t Approve Policies
The Texas Department of Insurance this week launched a tool that allows residents to see reasons for why insurance companies decline, non-renew or cancel home and auto insurance policies. The webpage lets users review declination, non-renew and cancellations notices by …
Judge Dismisses Trump’s Lawsuit Against Iowa Newspaper
A judge on Wednesday dismissed Donald Trump’s lawsuit accusing The Des Moines Register and its former pollster of misrepresenting the state of the 2024 presidential race, rejecting the president’s claim that the newspaper’s poll coverage violated Iowa’s consumer fraud law. …
Ken Griffin Runs Into Miami Resistance Over Personal Helipad
Ken Griffin is running into opposition to his plans to build a personal heliport in Miami Beach, in a rare instance of pushback to the financier’s South Florida development spree. The leaders of eight luxury condominiums lining Biscayne Bay are …
Florida’s Private Railroad, Brightline, Files for Bankruptcy
Florida’s Brightline has filed for bankruptcy protection after years of lower-than-expected revenue left it unable to repay billions it borrowed to finance the Miami-to-Orlando private railroad. Brightline Holdings LLC and certain other parent entities filed for Chapter 11 on Thursday …
Georgia High Court Declines to Hear Darlington School Abuse Liability, Clearing Insurers
A Georgia Court of Appeals decision will stand, absolving five insurers of liability coverage and putting an end to long-running litigation stemming from revelations of child sexual abuse at boarding school. The Supreme Court of Georgia this month declined to …
State Farm to Increase Claims Workforce by 3,000
State Farm said it plans to increase the size of its claims workforce throughout 2027 by about 10%, or about 3,000 employees. In a Sept. 25 announcement, the mutual insurer said it is investing in training, developing, and recruiting to …
South Florida Hoping to Dry Out After Heavy Rains Swamp Cars, Overflow Sewers
Torrential rainfall in south Florida was enough to swamp cars and overflow sewage drains, but damage may have been limited by local governments’ renewed efforts to clear debris and improve drainage. The Miami Herald and other news outlets reported that …
Northeast and Mid-Atlantic States Take Cover as Nor’easter Hits
Across the Northeast and Mid-Atlantic, insurance carriers are advising agents not to bind any new business, cities and states have activated their emergency response systems and urged residents to stay indoors, crews for energy providers like National Grid are on …
AM Best: US Mutual Insurers Doubled Net Income in 2025
Total net income for U.S. property/casualty mutual insurers doubled compared to 2024 to about $42.6 billion in 2025 as underwriting income surged to about $14.8 billion from a loss of $7.2 billion in 2024. According to a recent A.M. Best …
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