Private Credit Investors Clash Over £36 Billion BHP Dam Collapse Litigation
Two litigation funders are backing rival law firms in a fight for control of a £36 billion ($48.8 billion) suit over one of Brazil’s worst environmental disasters. Law firm Pogust Goodhead brought the UK case against BHP Group Ltd and …
Ledger Hires New Security Chief as Crypto Hacks Hit $1.4 Billion
Ledger SAS, a maker of hardware devices used to store cryptocurrencies, is combining oversight of its internal technology systems and security under a single executive, as a rise in artificial intelligence-fueled crypto attacks pushes companies to rethink their defenses. Paris-based …
Hormuz Disruptions Hitting Small Businesses Hardest, UN Trade Agency Warns
Disruptions in the Strait of Hormuz could push small and medium-sized businesses out of global supply chains, increasing economic concentration and weakening the resilience of international trade, the United Nations Conference on Trade and Development said on Tuesday [Sept. 8]. …
UK Airlines Say They’re Left On the Hook for ATC Outage Cost
UK airlines said they’ll have to foot the bill for the travel chaos caused by a technical glitch at the country’s air-traffic control provider and led to thousands of canceled flights this week. The financial fallout from the fault at …
Stellantis to Recall Over 200,000 Jeep Vehicles Over Tire-Pressure Monitor
Chrysler parent Stellantis is recalling 201,976 Jeep vehicles in the U.S. due to a software error that may cause the tire pressure monitoring system to fail to detect low tire pressure or illuminate the warning light, the U.S. National Highway …
The Big Data/AI ‘Revolution’ Is Driving Up Verdicts, Settlements as Plaintiffs Buy In
Nick Kosiavelon, an insurance defense attorney in Massachusetts, tells the story about some plaintiffs’ lawyers he faced off against in a recent brain-injury lawsuit. He said within an hour of seeing the list of potential jurors in the jury pool, …
Connecticut Insurance Department Relocates to Trumbull Street Building
The Connecticut Insurance Department (CID) has completed its relocation to Trumbull Street in Hartford. The agency became operational from its new office space effective September 8, 2026. The insurance department’s office location is now: Connecticut Insurance Department, 280 Trumbull Street, …
Viewpoint: After 3 Years of Retreat, Insurance Capacity Is Returning to California
For the first time in three years, capacity is returning to the California homeowners insurance market. The clearest evidence is in the residual market. In the second quarter, the California FAIR Plan added roughly 12,000 residential policies, the fifth consecutive …
Connecticut Towns Installing License Plate Reading Cameras on School Buses
City and town leaders across Connecticut have been fielding growing pushback from residents over automated license plate readers, which opponents say raise a range of concerns about privacy. But as many state and local leaders have called for a pause …
Illinois Sues Repair Company for Deceptive Business Practices
Illinois Attorney General Kwame Raoul last week filed a lawsuit against ABC Plumbing, Heating, Cooling & Electric, Inc. (ABC) for its deceptive business practices that mislead consumers, most often senior citizens, to sign a contract for home repair work at …
Higginbotham Acquires Kansas’ Two West Capital Advisors
Higginbotham announced it has acquired Kansas City, Kansas-based Two West Capital Advisors. The specialty firm will bring its full team, experience and operating platform to Higginbotham’s growing retirement planning and wealth management division. Founded in 2010, Two West serves a …
Bamboo Insurance Launches Texas Homeowner Program
Bamboo Insurance announced the launch of its Texas Essential Homeowner Program, a new admitted, flexible product designed to give Texas homeowners greater flexibility in how they structure their coverage. Bamboo Insurance said the structure keeps coverage transparent while providing greater …
People Moves: INSURICA Names Johnson as VP of Sales, P&C; Brown & Riding Adds Armstrong to National Practice
INSURICA announced that Erick Johnson has joined the company as Vice President of Sales, P&C. Johnson brings more than 25 years of experience in production, sales leadership and agency management to the role. He has a track record of developing …
Two Weeks Later, Ross Fire Still Burning in North Texas
Two weeks after the Ross Fire broke out west of Fort Worth, responders are still battling one of the largest wildfires in North Texas’ recorded history. The weather isn’t helping. The Dallas-Fort Worth region’s summer weather is setting records with …
Florida Business Attorney, Family Killed in Plane Crash in Bahamas
A well-known Miami commercial litigation attorney, in practice for more than 50 years, and three family members were killed when the small plane he was piloting crashed into the sea after leaving the Bahamas. The bodies of Mario A. Lamar, …
SEC Seeks Court Order for ISS Client Data Sought in ESG Probe
The Securities and Exchange Commission asked a federal court for an order compelling Institutional Shareholder Services Inc. to turn over detailed client-level voting data requested by the agency as part of an investigation into the proxy advisory firm. The filing …
Are We Training Claims Adjusters or Claims Processors?
I started my career as a writer. Not an insurance professional. Not an adjuster. A writer. When I eventually took a chance on claims, I assumed I was changing careers completely. I was wrong. The more claims I handled, the …
UnitedHealth Sells Interest in Florida WellMed Clinics to TPG
UnitedHealth Group Inc. has sold an interest in some of its Optum Health operations in Florida to private equity company TPG Inc. as the health conglomerate is working to recover from a collapse in profits last year. “We didn’t need …
NYC Officials Feared Liability Over Toxic Air After 9/11 Attacks
New York City Mayor Zohran Mamdani released more than 170,000 pages of records about the aftermath of the Sept. 11, 2001, attacks, including documents showing officials were weighing potential liability from toxic exposure while trying to reassure the public about …
Insured Loss Estimates Top $600M From Washington Fires, Testing New Commissioner
The wildfires that plagued Washington for nearly half the summer put new Insurance Commissioner Patty Kuderer and her office to a test. Kuderer has been in office for over a year-and-a-half. However, she’s relatively new considering her predecessor, Washington Commissioner …

