Trucking App Trucker Path Launches Retail Insurance Agency
The company behind a trucking navigation app has launched its own insurance agency. Earlier this month, Trucker Path announced the launch of its in-house, digitally enabled retail agency focused exclusively on trucking insurance. Trucker Path Insurance debuted with a $7 …
Conservative Activist Sues Google Over AI-Generated Statements
Conservative activist Robby Starbuck sued Google on Wednesday, alleging the tech giant’s artificial intelligence systems generated “outrageously false” information about him. Starbuck said in the lawsuit, filed in Delaware state court, that Google’s AI systems falsely called him a “child …
University of Virginia Strikes Deal to Avoid Trump Investigations, Protect Funding
The University of Virginia has agreed to abide by White House guidance forbidding discrimination in admissions and hiring, becoming the latest campus to strike a deal with the Trump administration as the college tries to pause months of scrutiny by …
Illinois Department of Insurance Asks Insurers for Policyholder Relief During Shutdown
The Illinois Department of Insurance is asking insurers to provide relief to policyholders impacted by the federal government shutdown and ensure that they do not lose insurance coverage, including a moratorium on cancellations. “The lapse in federal appropriations since October …
Pritzker’s Illinois Wins 10th Rating Upgrade as Reserves Climb
Illinois, the worst-rated U.S. state, received a one-notch upgrade from Moody’s Ratings for its rising reserves and improving finances. Moody’s raised the state’s rating to A2, five steps above junk, from A3, with a stable outlook, according to a report …
Major Investor for Louisiana LNG as Construction Ramps up
Australia’s Woodside Energy has enlisted U.S.-based Williams as an investor and pipeline operator of its Louisiana liquefied natural gas plant, to tap its infrastructure experience and ease cost pressures as construction ramps up. Under the arrangement, Williams will get a …
TWIA Committee Recommends Method for Determining PML for 2026 Storm Season
The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee has developed a recommendation to the TWIA board on a method to determine the association’s 1-in-50 probable maximum loss for the 2026 storm season. The 1-in-50 PML is TIWA’s minimum required …
Why Two Montana Asbestos Victims May Never Receive an $8M Judgment
Long before she joined a major legal case for asbestos victims, Joyce Walder had a bold streak, according to her sister, Judith Hemphill. On a recent Monday in October, walking through the forests of northwest Montana, Hemphill recalled how she …
Trump Cancels San Francisco Crackdown After Benioff, Huang Calls
President Donald Trump said he’s calling off the deployment of federal troops to San Francisco after speaking to billionaires Marc Benioff and Jensen Huang, as well as the city’s mayor, Daniel Lurie. “Friends of mine who live in the area …
Louisiana Drafting Rules for Up to 30% Premium Discounts for FORTIFIED Homes
The Louisiana Department of Insurance announced it is in the process of drafting new rules on premium discounts for homes that meet some of the toughest wind-resistant construction standards. A statute approved by Louisiana lawmakers in 2023 mandates that homeowner …
TrustedChoice.com Rebrands to Momentum Edge Following June Acquisition
Agency management platform Momentum announced that TrustedChoice.com will now be known as Momentum Edge. Flower Mound, Texas-based Momentum acquired TrustedChoice.com in June. Momentum Edge, part of Momentum AMP (formerly NowCerts), unifies demand generation, referral delivery, CRM, AMS, rating, workflow automation, …
Why Big Oil Is Asking EPA Not to Cut its Polluter Reporting Program
The Environmental Protection Agency says its proposal to stop greenhouse gas reporting for big polluters could save oil and gas companies up to $256 million a year. Some of them are countering that it could hurt their business instead. Companies, …
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud
GEICO is taking aggressive action against medical firms in Florida and New York, accusing them of leading multimillion-dollar, no-fault auto insurance fraud schemes. In a lawsuit filed this month in federal court in Tampa, GEICO charged that AJ Therapy Center …
Big Food Readies New Strategy Against RFK Jr. Push in States
Health Secretary Robert F. Kennedy Jr. has spent months criss-crossing the country, cheering on Republican governors who have signed laws aimed at improving their food supply. Now food and beverage companies including Kraft Heinz Co., Conagra Brands Inc., PepsiCo Inc. …
China Trade Spat Threatens Wisconsin’s ‘Napa Valley’ of Ginseng
The cool woodlands of central Wisconsin boast soils packed with Ice Age mineral deposits that make the area perfect for the cultivation of ginseng, a medicinal root that has been exported to Asia for more than 300 years. Sliced and …
Lyft Protected by Florida’s 2017 Law in Driver’s Miami Crash, Appeals Court Says
The ride-sharing company known as Lyft and its insurers are largely protected from negligence and vicarious liability lawsuits in accidents, thanks to Florida’s 2017 statute governing app-based ride networks, a state appeals court decided Wednesday. The ruling by Florida’s 3rd …
NY Insurance Regulator Warns of Cyber Threats From Third-Party Service Providers
The New York State financial services regulator warns insurance companies, banks and other financial services institutions of the cyber risks associated with the growing use of third-party service providers (TPSP). Exposure to threats will continue to grow as reliance on …
Google Backs Gas Power Plant With Carbon Capture for Midwest Data Centers
Google has entered into the first corporate agreement to buy electricity from a U.S. power plant using carbon capture and storage in a deal to help fuel its data centers in the country’s Midwest region, the technology company said on …
Disaster Relief Fund Hits Critical Low as Shutdown Endures
As the US government shutdown hurtles through a fourth week, the main source of federal funding for disaster relief efforts is running critically low, according to people familiar with the matter and an internal report reviewed by Bloomberg. The Disaster …
People Moves: Acrisure Re Appoints Morrison
Acrisure Re, the reinsurance division of global fintech leader Acrisure, appointed Dan Morrison senior vice president. Based in New York, Morrison supports Acrisure’s in-house U.S. delegated underwriting team, a key client for Acrisure Re through its expanding portfolio of programs. …