FedEx Sues US for Refund on Trump’s Emergency Tariffs
Global transportation company FedEx filed a lawsuit in the U.S. Court of International Trade seeking a refund for President Donald Trump’s emergency tariffs, one of the highest profile moves to recover funds since the U.S. Supreme Court last week deemed …
EU’s Russia Sanctions Hit Roadblock Put Up by Hungary, Slovakia
The European Union failed to approve a fresh round of sanctions against Russia as Hungary and Slovakia halted the measures, laying bare divisions within the bloc as the war in Ukraine enters its fifth year. Efforts by EU foreign ministers …
UK Targets Russian Oil Fleet With Biggest Sanctions Hit in Years
The UK government announced new sanctions on Russia’s so-called shadow oil fleet as it ramped up efforts to squeeze energy revenues funding the Kremlin’s war in Ukraine. Britain targeted 175 companies in the 2Rivers network, according to a statement from …
Oklahoma Captive insurance Program Adds 10 Insurers
The Oklahoma Insurance Department (OID) announced that its captive insurance program had another record year in 2025 with a net gain of 10 licensed captive insurers. Oklahoma has now surpassed its previous high of 73 captive insurers, which was set …
Marsh Mulls Sale of PCS, Financial Risk Manager for Super Rich Asians
Marsh is exploring a sale of its financial risk manager and life insurance broker for high-net-worth individuals in Asia, according to people familiar with the matter. Marsh, formerly known as Marsh & McLennan Cos., is working with an adviser on …
Oklahoma Medical Practice to Pay $90K in Pregnancy Discrimination Lawsuit
Urologic Specialists of Oklahoma, Inc., a medical practice that operates five clinics employing two dozen physicians in Oklahoma, Arkansas and Missouri, will pay $90,000 and furnish other relief to settle a pregnancy and disability discrimination lawsuit brought by the U.S. …
Trump Family’s Crypto Venture Says It Faced ‘Coordinated Attack’
World Liberty Financial, the digital-asset venture backed by the Trump family, said that it defeated an unspecified “coordinated attack” against its flagship cryptocurrency product. USD1, the dollar-pegged stablecoin issued by World Liberty, briefly traded below $1 on Monday before climbing …
US Supreme Court to Hear Bid by Oil Companies to Toss Climate Suits
The U.S. Supreme Court has agreed to hear a bid by ExxonMobil and Suncor Energy to scuttle a lawsuit brought by officials in Boulder, Colorado that seeks to hold the oil companies liable for helping fuel climate change in a …
Court Sharpens Causation Standard in All-Risk Policies in NC Church Mutual Case
In all-risk policies, an excluded cause of damage must be the sole cause of damage for the exclusion to apply, a federal appeals court decided last week in an opinion that clarifies North Carolina law but could make some claims …
Amica Insurance Ad Campaign Features Celtics Star Tatum’s Comeback From Injury
Amica Insurance is using the comeback journey of Boston Celtics basketball star Jayson Tatum in its new advertising campaign. The campaign traces Tatum’s recovery from his injury last May. The campaign is titled “Back to Zero” — named with Tatum’s …
Push to Tax California Billionaires Causing Political Stir
As national Democrats search for a unifying theme ahead of the fall’s midterm elections, a California proposal to levy a hefty tax on billionaires is turning some of the party’s leading figures into adversaries just when Democrats can least afford …
Viewpoint: Claims Handling Breakdowns From LA Wildfires One Year on
It’s been more than a year since the Palisades and Eaton Fires in Los Angeles, and attorneys who work in first‑party property claims are still seeing a steady rise in disputes. That trend isn’t slowing down anytime soon—these claims will …
Wisconsin Lawmakers Pass Expanded Medicaid for Moms
Women in Wisconsin will soon be eligible to receive expanded Medicaid coverage for up to a year after giving birth following near-unanimous passage of a measure last week by the Wisconsin Assembly that would leave Arkansas as the only state …
Insurer Ducks Claims by Models Over Strip Clubs’ Use of Their Images Without Consent
Twenty professional models who sued three Massachusetts-based strip clubs alleging that the clubs used their images in commercial advertisements without their consent and without paying them have been denied their bid to collect from one of the clubs’ insurers on …
AbbVie Invests $380M to Expand Illinois Manufacturing for Neuroscience, Obesity Meds
AbbVie on Monday said it would invest $380 million to build two new active pharmaceutical ingredient manufacturing facilities at its Illinois campus, expanding its domestic production capacity for its neuroscience and obesity medicines. The investment is part of AbbVie’s broader …
South Dakota Considering Bill APCIA Says Could Increase Auto Insurance Costs
The South Dakota Legislature is considering a bill that would establish a statutory 75% minimum damage threshold for declaring a vehicle a total loss, which insurers say could negatively impact drivers through increased premiums and reduced road safety. Senate Bill …
Kansas at Vanguard of Denying Trans Identities on Drivers Licenses With New Law
Kansas is set to invalidate about 1,700 driver’s licenses held by transgender residents and roughly as many birth certificates under a new law that goes beyond Republican-imposed restrictions in other states on listing gender identities in government documents. The new …
Former Connecticut Police Chief Arrested for Allegedly Stealing From Department Funds
The former police chief in New Haven, Connecticut, was arrested Friday on larceny charges following allegations he stole $85,000 from two department accounts. Karl Jacobson, 56, who abruptly retired from the department in January, turned himself in on an arrest …
New York City’s Last Striking Nurses Approve New Contract
Nurses at a big New York hospital system approved a new contract Saturday, voting to end a major nursing strike after more than a month. More than 4,000 nurses in the privately run NewYork-Presbyterian system went on strike Jan. 12. …
Northeast States Under Emergency as Snow Falls Amid Blizzard Warning
New York, New Jersey, Connecticut and Massachusetts governors issued state of emergency orders and a halt to non-essential travel as a major storm was expected to bring up to 24 inches of snow and strong winds to the region. Around …
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