Aon Agrees to $15 Million Settlement With Pennsylvania Teachers
A unit of Aon Plc agreed to settle a class-action lawsuit alleging that calculation errors and faulty investment advice caused Pennsylvania public school teachers to make millions of dollars in extra contributions to their pension fund. The firm’s Aon Investments …
Assignment of Benefits Bill Passes Washington Senate
A bill prohibiting post-loss assignment of benefits agreements passed the Washington Senate on Thursday on a unanimous vote. Senate Bill 6178 was backed by Washington Insurance Commissioner Patty Kuderer, halting post-loss assignment of benefits, an agreement that allows a third …
Uber Jury Awards $8.5 Million Damages in Sexual Assault Case
Uber Technologies Inc. was hit with $8.5 million in damages in a trial over a 19-year-old woman’s claim that she was raped by her driver in Arizona, raising the rideshare giant’s risk of a costly settlement to resolve thousands of …
People Moves: Trucordia Names Reid as Vice President on M&A Team
Trucordia hired Kim Reid as a vice president on its mergers and acquisitions team. Reid comes to Trucordia after more than two decades with Arthur J. Gallagher, where she helped build and lead the firm’s due diligence and integration programs. …
Insurance Ad During Super Bowl Aims to Win Over Frustrated New York Fans
New York football fans may not be happy that neither the Giants nor Bills nor Jets made it to Super Bowl 2026 but there is a reason for them to tune in on Sunday anyway. During the New England Patriots …
Maine Plane Crash Victims Worked for Luxury Travel Startup Led by Texas Lawyer
The six people killed in a fiery plane crash in Maine were flying to France’s Champagne region to scope out the next travel destination for high-net-worth clients when their small jet flipped on the runway during takeoff. They included an …
People Moves: XPT Specialty Hires Goedeke as Underwriter/Broker
XPT Specialty, headquartered in Plano, Texas, hired Kyle Goedeke as an underwriter/broker. Goedeke has nearly a decade of experience across wholesale brokerage, underwriting, and excess and surplus (E&S) line placements. In his role at XPT Specialty, Goedeke will underwrite and …
Texas Anti-ESG Law Declared Unconstitutional by US Judge
A federal judge declared unconstitutional a 2021 Texas law restricting state investments in companies seeking to rely less on fossil fuels or boycott that industry. In a decision made public on Wednesday, U.S. District Judge Alan Albright said the law …
Forever Chemicals Quietly Contaminate Drinking Water Wells
Kristen Hanneman made a small decision in 2022 that would upend life for her entire town. State scientists were checking private drinking water wells across Wisconsin for a widely used family of harmful chemicals called PFAS. They mailed an offer …
Trial of Ex-FirstEnergy Execs Charged in $60M Ohio Bribery Scheme Begins
The $4.3 million payment that Ohio-based FirstEnergy made to veteran lawyer and lobbyist Sam Randazzo in 2019, shortly before he was appointed as the state’s top utility regulator, is at the center of the latest criminal trial to get underway …
Governor ‘Not Convinced’ California Wants to Take Over PG&E
California Gov. Gavin Newsom said he doesn’t see the state having the appetite to take over PG&E Corp., which has come under criticism recently for blackouts that hit San Francisco. “I’m not convinced” the state wants to get into the …
Business Moves: Arthur J. Gallagher Acquires Germany’s Reck & Co.; Howden Buys Polygon Insurance Brokers Ltd.; Clear Purchases Gauntlet and Shire Insurance Services
Arthur J. Gallagher Acquires Germany’s Reck & Co. Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Bremen, Germany-based Reck & Co GmbH. Terms of the …
Ohio Couple Sentenced for Arson in $2M Insurance Fraud Scheme
An Ohio couple have been sentenced for devising a scheme to collect more than $2 million dollars in insurance money by conspiring to set insured houses on fire, the U.S. Attorney’s Office, Northern District of Ohio announced this week. Lonnie …
Hotel Management Company Sued for Discrimination at Illinois Property
Hotel Equities Group, a hotel management company, violated federal law when it failed to provide pregnancy accommodations to one employee and religious accommodations to another at an Illinois property, he U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. …
Texas Cattle Ranchers Fear the Return of a Flesh-Eating Pest
Chris Womack is one of a dwindling number of Texas ranchers who can remember fighting the New World screwworm, a once-vanquished pest threatening to make an unwanted encore in the US after its recent return to northern Mexico. “You never …
Texas Grid Shows How Batteries Can Help Avoid Winter Blackouts
Last month’s sprawling winter storm from Texas to New England was one of the first multi-grid tests in the US for big batteries. They passed. Texas in particular benefited from energy storage, which helped cushion the state’s grid during the …
New Hampshire Insurance Department Says It Delivered ‘Real Value’ in 2025
The New Hampshire Insurance Department (NHID) reported that for calendar year 2025 it collected $185.62 million for the state’s General Fund and recovered $3.34 million for consumers. Insurance Commissioner DJ Bettencourt said the numbers show the department is “delivering real …
Former Ole Miss Standout Player Convicted in $194M Medicare, CHAMPVA Fraud
A former standout tight end for the Ole Miss Rebels, who briefly played in the NFL, faces more than 20 years in prison after he was convicted of defrauding Medicare and a veterans insurance program of $194 million. Joel Rufus …
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh
Global commercial insurance rates declined by 4% in the fourth quarter of 2025, marking the sixth consecutive quarter of rate decreases, after seven years of increases, according to the Global Insurance Market Index published by Marsh Risk, a business of …
Markets/Coverages: Great American Enters Travel Insurance Market With Faye
Great American Insurance Group has selected AI travel insurance platform Faye to enter the travel insurance marketplace. This marks Great American’s first expansion into travel insurance. The companies said that with limited modernization and customer frustration surrounding claims experiences, the …



