New York City Sues Social Media Firms For Allegedly Addicting Children
New York City filed a new lawsuit accusing Facebook, Google, Snapchat, TikTok and other online platforms of fueling a mental health crisis among children by addicting them to social media. Wednesday’s 327-page complaint in Manhattan federal court seeks damages from …
Report: California Workers’ Comp Written Premium Levels Returned to Stability
California workers’ compensation written premium levels for calendar years 2022 to 2024 remained consistent, marking a return to stability following sharp fluctuations during the pandemic. The Workers’ Compensation Insurance Rating Bureau of California released its latest Quarterly Experience Report on …
Acrisure to Lay Off 400 Employees, Citing Tech Advancements and AI Integration
Acrisure announced it will implement layoffs to its accounting workforce beginning in early 2026, citing advancements in technology and artificial intelligence. The company said 400 employees will be affected by the layoffs. “This was not an easy decision, as it …
Man Charged With ‘Maliciously’ Starting Massive LA Wildfire
Federal authorities arrested a 29-year-old man on charges that he intentionally started the blaze that days later became the Palisades Fire, which killed 12 people and destroyed thousands of homes in the Pacific Coast area of Los Angeles. Jonathan Rinderknecht …
Walmart Sued for Disability Discrimination at Wisconsin Location
Walmart Inc. violated federal law when it refused to accommodate a Wisconsin employee who required a job coach due to his intellectual disability and subjected him and a coworker to a hostile work environment based on their disabilities, the U.S. …
Exxon Delays Planned Plastic Plant on Texas Coast
Exxon Mobil will postpone its plans for a large new plastics production plant on the Gulf coast, according to the company. Construction was initially planned to begin next year on the $10 billion facility in rural Calhoun County. “Based on …
Lawmaker Calls for California Insurance Commissioner to Resign Amid Spending Probe
A lawmaker is calling on Insurance Commissioner Ricardo Lara to resign in the wake of investigation that he allegedly used taxpayer dollars to take luxurious trips. The Fair Political Practices Commission is looking into a complaint into Lara following reports …
Gaines Named Nevada Insurance Commissioner
Ned Gaines was named commissioner of the Nevada Division of Insurance. Gaines, who has served as commissioner in an acting capacity since July 2, was named to the role by Department of Business and Industry Director Kristopher Sanchez. Gaines has …
People Moves: NFP Adds Two to Benefits Team After Buying Their Businesses
NFP, an Aon company, added two new benefits leaders, Mark Carroll and Bill Schmidt, and their respective books of business. Carroll and Schmidt will each join as vice president, Benefits, in NFP’s Atlantic region. They are based in northern Virginia …
New MGU Hill Country Underwriters Launches for Artisan Contractors in Texas
Hill Country Underwriters, a managing general underwriter (MGU) providing casualty insurance for artisan contractors, launches today with a General Liability and Inland Marine product for artisan trade contractors in Texas. The new offering, tailored for contractors in specialty construction trades, …
Nebraska Officials are Targeting Voter-Approved Medical Marijuana
Nebraska officials missed a deadline this week granting licenses to marijuana growers as part of a voter-approved measure that legalized medical marijuana, offering the latest example of pushback in Republican-led states against efforts to legalize the drug. “How many times …
Texas Stock Exchange Receives Federal Approval
The Texas Stock Exchange last week crossed its latest hurdle toward becoming a direct competitor to the dominance of the New York Stock Exchange and the Nasdaq. The announcement that the U.S. Securities and Exchange Commission had approved the Dallas-based …
ALDOI to Hold Hearing on Planned ProAssurance Merger with FD Insurance
The Alabama Department of Insurance will hold a public hearing next week on the proposed merger of a ProAssurance unit and FD Insurance – the latest of many financial moves for both companies in the last decade. ProAssurance Indemnity Co., …
People Moves: Holmes Murphy Names Anderson Sioux Falls Employee Benefits Sales Leader
Holmes Murphy, headquartered in Waukee, Iowa, hired Jordan Anderson as vice president and employee benefits sales leader in its Sioux Falls, South Dakota, office. Anderson will focus on helping Holmes Murphy deepen its client relationships, drive growth in the Sioux …
J&J Must Pay $966M After Jury Finds Company Liable In Talc Cancer Case
A Los Angeles jury late on Monday ordered Johnson & Johnson to pay $966 million to the family of a woman who died from mesothelioma, finding the company liable in the latest lawsuit alleging its baby powder products cause cancer. …
Will Airport Runway Close Calls Spur Wider Adoption of Cockpit Alert Technology?
As a Boeing 757 aircraft prepared to land, an audio alert started blaring in the cockpit: “Traffic on runway! Traffic on runway!” Seconds later, the same warning popped up on the navigation display. It prompted the pilot to abort the …
Construction Supervisor on Maryland Projects Admits to Stealing Wages
A York, Pennsylvania construction supervisor pleaded guilty to participating in a scheme that defrauded construction workers of wages on University of Maryland projects, officials have reported. According to Maryland Attorney General Anthony G. Brown, a judge in the Circuit Court …
Georgia Man Indicted After Fishing Tournament Boat Crash That Killed 3 in Alabama
A Georgia man has been indicted on manslaughter charges in Alabama after an April boat wreck during a professional fishing tournament killed three people and injured two others. Flint Andrew Davis, 22, was indicted Thursday in Cullman County on three …
All Injured in Deadly NC Waterfront Bar Shooting Released from Hospital
All six people hospitalized after a coastal North Carolina shooting last weekend that left three dead at a waterfront bar have been released, officials announced Friday. Southport officials initially said five people were wounded in the rifle attack on the …
M&A Settlements in Delaware Chancery Court Have Increased Substantially: Cornerstone
The number and total aggregate amount of settlements in merger and acquisition (M&A)-related lawsuits in the Delaware Court of Chancery have increased substantially since 2019, with the total aggregate settlement amount exceeding $600 million in 2024, according to a report …