Andreessen Horowitz Leaves Delaware for Nevada, Tells Startups to Follow
The Silicon Valley venture capital firm Andreessen Horowitz is reincorporating its business from Delaware to Nevada and calling for its portfolio companies to do the same — citing concerns over bias in the state “against founders and their boards.” The …
Delaware Top Court Sides With Zantac Makers in Cancer Claims
The Delaware Supreme Court rejected the legitimacy of expert testimony linking the heartburn drug Zantac to cancer, in a major win for makers of the product. In a unanimous ruling Thursday, the state’s highest court agreed with the argument of …
Dechert Law Firm Settles Claims It Used Hired Hackers With No Admission of Liability
Philadelphia-based law firm Dechert said on Thursday that a pair of U.S. lawsuits accusing it of using hired hackers to win in court have been resolved without any admission of liability. Dechert and others, including U.S. public relations operatives and …
UK Arrests Four Linked to M&S, Harrods Cyberattacks
The UK’s National Crime Agency has arrested four people over a series of disruptive cyberattacks that targeted leading British retailers earlier this year. The authorities detained three teenage males and one 20-year-old female in the West Midlands and London on …
People Moves: Gaines Named Acting Commissioner at Nevada Division of Insurance
The Nevada Department of Business named Ned Gaines acting commissioner at the Nevada Division of Insurance. The appointment follows the departure of Scott Kipper, who had served as commissioner since 2023. Recruitment to fill the position on a permanent basis …
New Mexico Village Rebuilds All Over Again After Record-Breaking Flash Flood
The mountain village of Ruidoso returned to the grim rituals of rebuilding after flash flooding and a deadly natural disaster, just one year after wildfire and intense flooding reshaped the popular vacation getaway and its surroundings. Broken tree limbs, twisted …
People Moves: Rosenberg & Parker Names Three New Partners
Rosenberg & Parker (R&P), headquartered in Wayne, Pennsylvania, named three new partners who join CEO Matt Rosenberg and Sr. Partner Chad Rosenberg as owners. New partner President Jack Rosenberg joined R&P as a producer in 2018 after beginning his career …
Smith Brothers Has Acquired Charter Oak Agency in Connecticut
Glastonbury, Connecticut-based Smith Brothers Insurance LLC announced that it acquired Charter Oak Agency effective July 1, 2025. Charter Oak Agency, an independent insurance agency with offices in Westport and Derby, Connecticut, will retain these locations, further strengthening Smith Brothers footprint …
Deadly History of Flooding in ‘Flash Flood Alley’ Along Guadalupe River
Cindy Manley was a summer camp counselor in 1987 when a different devastating flood scarred the Texas Hill Country. The Heart O’ the Hills camp is on the Guadalupe River, where a massive search continues for more than 160 people …
Nebraska Sues GM Over Alleged Unauthorized Collection of Driving Data
Nebraska Attorney General Mike Hilgers filed a lawsuit this week alleging General Motors and its telematics service provider OnStar collected driving data without consumers’ knowledge or consent to create driving scores that were later sold to insurance companies and used …
Michigan Nursing Homes to Pay $4.5M Settlement Over Substandard Care Allegations
Michigan Attorney General Dana Nessel announced a $4.5 million settlement with six Detroit-area nursing homes and their ownership companies, Villa Financial Services LLC and Villa Olympia Investment LLC, over allegations that they accepted taxpayer funds while providing grossly substandard care …
People Moves: McLarens Appoints Miller as Chief Global Strategy Officer
Global claims services provider McLarens has appointed Danny Miller as Chief Global Strategy Officer (CGSO), a newly created role within the firm’s Global Management Team (GMT). This strategic addition to the leadership team reflects McLarens’ continued growth and commitment to …
What Flood Insurance Does and Does Not Cover
Though natural disasters cycle across seasons and regions in the U.S., it’s often a shocking discovery for property owners how expansive and expensive flood and water damage can be when a major storm devastates their homes, businesses and communities. That’s …
Honduran Woman Sentenced for Defrauding NorGUARD of Comp Premiums
A Honduras woman this week was sentenced to less than two years in federal prison for her role in paying Florida construction workers off the books and avoiding $1.2 million in workers’ compensation premiums and almost $2 million in federal …
US Sanctions Target North Korean Fake-Tech-Worker Scheme
The US slapped sanctions on individuals and companies linked to a scheme that involves recruiting North Koreans to pose as American tech workers and help fund Kim Jong Un’s regime. The Treasury Department’s Office of Foreign Assets Control imposed penalties …
US Chamber Report Examines Copyright Value and Piracy Harms
Copyright protections don’t just help individuals, they hold up a good part of the U.S. economy, according to a report from the U.S. Chamber of Commerce. The U.S. Chamber of Commerce’s 2023 report highlights industries like architecture, software, music, publishing, …
6 Firefighters Injured Battling Fire in 3-Story Building in New Jersey
Six firefighters suffered minor injuries in a blaze Thursday that partially collapsed a three-story building in a New Jersey neighborhood, authorities said. The fire in Jersey City, which started at about 1:30 a.m., also spread to nearby buildings, displacing some …
Three Insurers Join Ward’s Annual Top 50 P/C Ranking for 2025
Property/casualty insurers have started to broadcast the fact that they have earned spots on Ward’s list of 50 top-performing insurance companies for 2025, but only one was named for 35 straight years—RLI Corp. In addition, there were three newcomers to …
Workers Reach Safety After Collapse Inside LA Industrial Tunnel
All 31 construction workers who were far inside a huge industrial tunnel in Los Angeles made it to safety after a portion of it collapsed Wednesday evening, an outcome officials called a blessing after they initially feared much worse. The …
Markets/Coverages: Descartes Insurance Expands Into Credit & Political Risk
Descartes Insurance, the Paris-based risk-carrying subsidiary of parametric-insurer Descartes, has expanded its offering to corporate clients and public institutions to include credit and political risk insurance (CPRI). To support its expansion into this new class of business, Descartes has hired …

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