Ford Puts a Charge in EV Production with $2B Overhaul of Kentucky Plant
Ford Motor Co. will invest nearly $2 billion retooling a Kentucky factory to produce electric vehicles that it says will be more affordable, more profitable to build and will outcompete rival models. The automaker’s top executive unveiled the new EV …
Nevada Court Clears Way for Former Raiders Coach Gruden to Sue NFL Over Emails
A Nevada court apparently cleared the way for a 2021 lawsuit filed by former Las Vegas Raiders coach Jon Gruden to proceed against the NFL and Commissioner Roger Goodell, alleging that a “malicious and orchestrated campaign” was used to destroy …
Judge Dismisses Lawsuit Against Florida Complex Where Airman Was Shot by Deputy
A federal judge has dismissed a lawsuit filed against a Florida apartment complex where a member of the U.S. Air Force was fatally shot by a sheriff’s deputy. The judge said the unnamed apartment employee who called police was not …
Insurtech Looks to ‘Redefine’ Insurance With Autonomous AI Agents by 2026
Insurtech Superagent AI issued a press release yesterday to announce its goal of starting the first fully autonomous AI insurance agent by the end of the year. “We’re not just reshaping insurance. We’re redefining what it means to be an …
Activist Investor 7Square Pushes Nuernberger to Entertain Rival Offers
Activist investor 7Square is pushing German insurer Nuernberger Beteiligungs AG to consider rival takeover offers, saying a potential acquisition by Vienna Insurance Group wouldn’t reflect its full value. The life-insurance business and the property/casualty operations of Nuernberger have underperformed for …
TWFG Insurance Acquires New York’s Angers & Litz Associates
Texas-based TWFG Insurance has expanded its national footprint with the acquisition of Angers & Litz Associates, Inc., a personal and commercial lines insurance agency based in Schenectady, New York. Angers & Litz has been family owned and operated since 1963. …
Thousands Flee Wildfires Across Greece as Heat Withers Crops
Greek coastguard vessels evacuated tourists and locals, while a volunteer firefighter died in Spain as authorities struggled to quell blazes across the Mediterranean. A wildfire in Volissos forced evacuations from two beaches on the island of Chios, with strong winds …
Israeli Insurance Software Firm Sapiens to Be Bought by Advent for $2.5 Billion
Israeli software provider Sapiens International said on Wednesday that it will be acquired by Advent International for $2.5 billion in cash, as the U.S. private equity firm zeros in on the insurance industry amid an AI boom. The deal comes …
Update: Typhoon Podul Slams Into Southern Taiwan, Hundreds of Flights Canceled
Typhoon Podul blew through southern Taiwan on Wednesday packing winds of up to 191 kph (118 mph) and leaving one person missing, as a large swathe of the island shut down and hundreds of flights were canceled. Taiwan is regularly …
Appeals Court Says DOGE Team Can Access Sensitive Data
A U.S. appeals court on Tuesday rejected a bid by a group of unions to block the Trump administration government downsizing team known as the Department of Government Efficiency from accessing sensitive data on Americans. The Virginia-based 4th U.S. Circuit …
Employers Miss Out on Talent When Remote Work Isn’t Allowed: Survey
New insights into workforce recruitment and retention challenges suggest employers who don’t allow a remote work option may be missing out on talent, according to global background screening services and workforce management solutions provider HireRight. The report is based on …
Navigating The Challenging US Liability Litigation Environment
The liability litigation environment in the U.S. continues to be challenging, driven by increases in nuclear and thermonuclear verdicts, rising attorney representation rates and evolving litigation strategies. Sedgwick’s new Liability Litigation Observation and Trends report offers a view into these …
US Steel Plant Hit by Deadly Blast Has History of Accidents
A United States Steel Corp. plant in Pennsylvania that experienced an explosion that killed at least two people has a history of accidents and violations over the past 15 years. The Clairton Coke Works plant near Pittsburgh, the biggest facility …
The Sullivan Group Names Smith President And CEO
The Sullivan Group named Thom Smith president and CEO. Smith will be responsible for overseeing day-to-day operations, advancing strategic initiatives and driving long-term growth across the organization. His focus will include expanding treaty reinsurance partnerships, creating a managing general agency …
Men Collecting Workers’ Comp Caught Coaching Soccer, Flipping Cheesesteaks
New York state officials recently reported on two workers’ compensation fraud investigations involving Long Island residents who received thousands in benefits while engaging in off-the-books work — including one coaching high school soccer and another flipping cheesesteaks for his food …
California and Washington Companies Paying $145M to Settle FTC Charges
A California healthcare company and a Washington healthcare company just pay $145 million in separate matters to resolve Federal Trade Commission charges over misleading consumers. Assurance IQ, LLC and MediaAlpha, Inc. will pay a total of $145 million to settle …
‘Data-Driven’ Workers’ Compensation Writer Pie Insurance Enters Connecticut
Pie Insurance announced it is now offering its “data-driven” workers’ compensation insurance in Connecticut, targeting the state’s more than 365,000 small businesses. “Connecticut’s economy depends on small businesses, which represent more than 99% of all businesses in the state,” said …
Chevrolets, Hyundai Among Affordable Trucks and SUVs to Insure, Mercury Says
Two Chevrolets and a Hyundai topped the list of the most affordable new trucks and SUVs to insure for 2025, according to a new list compiled by California-based Mercury Insurance. Factors contributing to Mercury’s list included claims on similar vehicles, …
AAIP Names 2025/26 Officers and Directors
The Austin Association of Insurance Professionals (AAIP) held their 2025 installation dinner on Wednesday, June 20th at The Oasis on Lake Travis in Austin, Texas. The 2025/26 Officers & Directors for AAIP were installed. AAIP President, Meghan Welte hosted the …
Chemical Safety Board to Investigate Fatal US Steel Facility Explosion
The U.S. Chemical Safety and Hazard Investigation Board (CSB) said today that it is investigating the fatal explosions and fires at U.S. Steel’s Clairton Coke Works plant in Clairton, Pennsylvania, that occurred on Monday. Two people were killed in the …
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