North Carolina Supreme Court Lets Stand Greg Lindberg’s Civil Fraud Liability
The North Carolina Supreme Court has decided that it will not, after all, review another legal filing by convicted insurance entrepreneur Greg Lindberg. The Oct. 17 ruling lets stand a 2023 decision by the state Court of Appeals, which found …
The Next Big Film Studios Could Be in Nevada if Some Unions Get Their Way
Movies like “The Hangover” and “Ocean’s Eleven” piqued interest in the Las Vegas Strip long ago. But now Nevada labor unions hoping to boost jobs and tourism are pushing state officials to offer tax credits aimed at bringing more Hollywood …
New York Workers’ Comp Board to Close Two Virtual-Only Locations
The New York State Workers’ Compensation Board will be closing its virtual-only Allegany and New City locations, effective December 8, 2025. Noting that most of its activity remains virtual, the board said it is consolidating some of its smallest, low-activity …
California Attorney General Announces Settlement Against Plastic Bag Makers
California Attorney General Rob Bonta has settled with four plastic bag producers after an investigation into whether the bags they sold in California are recyclable. The settlement involves Revolution Sustainable Solutions LLC, Metro Poly Corp., PreZero US Packaging LLC and …
Renaissance Acquires Insurance Services of The West
Renaissance acquired the agency network business of Insurance Services of the West LLC, doing business as Insurance Agency Network in Washington. IAN is a membership organization with more 70 members representing a reported $400 million in premium. IAN is the …
WR Berkley Q3 Net Income Up Near 40%
Third quarter 2024 net income at W.R. Berkley Corp. increased nearly 40% compared to the same period a year ago Net income was about $511 million for Q3 2025 compared to net income of about $365.6 million a year ago …
Target Is Selling THC Beverages in Minnesota Test Run
Target Corp. is testing the sale of hemp-derived THC beverages at a handful of locations, marking an important milestone for an industry that’s largely been shut out of national chains. THC beverage makers initially confirmed the move. The chief executive …
Texas Residents to Vote on $20B Package to Secure State’s Water Supply
LONGVIEW — In this part of Texas, residents stock up on bottled water in between boil notices. It’s part of life in a place where water pipes are old, corroded and falling apart. In the High Plains, near Lubbock, farmers …
LPG-Laden Tanker on Fire off Yemen, EU’s Naval Force Says
The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the vessel, the European Union’s naval force Aspides said in …
Alphabet’s Waymo to Launch Autonomous Ride-Hailing Service in London in 2026
Alphabet’s Waymo plans to launch its fully driverless ride-hailing service in London in 2026, the robotaxi firm said on Wednesday [Oct. 15], as it looks to expand its footprint to major international cities. Waymo has grown slowly but steadily over …
Energy Transfer Delays Lake Charles LNG Project Decision to 2026
Energy Transfer LP has pushed back its targeted final investment decision for the proposed Lake Charles liquefied natural gas export project in Louisiana to the first quarter of 2026 from the end of this year, according to people familiar with …
Meta Building New Gigawatt-Sized Data Center in Texas
Meta Platforms Inc. is building a new gigawatt-sized data center in Texas to advance its artificial intelligence efforts, the latest in a string of significant investments by the company as it looks to keep pace in the competitive AI industry. …
Trump Bid to Deploy Troops in Chicago Again Denied by Court
A federal appeals court refused a request by the U.S. government to pause a judge’s order that blocked President Donald Trump from deploying National Guard troops to Chicago. A three-judge panel of the 7th U.S. Circuit Court of Appeals on …
Smucker Sues Trader Joe’s in Ohio, Saying New PB&Js Are Too Much Like Uncrustables
The J.M. Smucker Co. is suing Trader Joe’s, alleging the grocery chain’s new frozen peanut butter and jelly sandwiches are too similar to Smucker’s Uncrustables in their design and packaging. In the lawsuit, which was filed this week in federal …
New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims
A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the state’s Child Victims Act (CVA). Northeast …
Chamber of Commerce Sues Over Trump’s $100,000 H-1B Visa Fee
The nation’s largest business lobbying group sued the Trump administration over its changes to the visa system for skilled foreign workers, teeing up a fresh battle between corporate America and the president. The US Chamber of Commerce said in a …
An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle
Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh McLennan (MMC). Nevertheless, without significant changes in large loss …
Markets/Coverages: Resilience Expands Tech E&O Coverage for Clients Above $25M
Resilience, cyber risk solutions provider, said it has expanded its appetite for technology errors & omissions (tech E&O) insurance to clients with more than $25 million revenue in the US, GBP50M in the UK and EUR 25M in the EU. …
UK Spy Chief Warns of AI Danger, Though Not Disaster-Movie Doom
AI systems acting without human control could one day pose a security threat, the head of Britain’s MI5 spy agency said on Thursday, although he said he was not predicting doom scenarios as depicted in sci-fi movies. Tech leaders have …
Tesla’s European Regulator Says Door Safety a ‘Key Priority’
Tesla Inc.’s safety regulators in Europe are joining an expanding global effort to more closely scrutinize the door handle design popularized by the world’s leading electric vehicle manufacturer. The Dutch authority RDW, which inspects and approves Tesla’s vehicles for sale …