FTC Has Bipartisan Support for Merger Cases, Outgoing Chief Says January 27, 2025 By Leah Nylen The US Federal Trade Commission is likely to have bipartisan support to keep filing cases to block anticompetitive mergers under...
Two Workers Injured in Explosion at Cannabis Facility January 27, 2025 Two workers were injured in an explosion and fire at a cannabis extraction facility on Maryland’s Eastern Shore last Wednesday,...
PayPal Pays $2 Million Cybersecurity Settlement to New York Regulator January 27, 2025 PayPal, Inc. will pay a $2 million penalty to New York State for violations of the state’s financial services industry...
Sky Zone in Washington Fined for Overworking Teens January 27, 2025 The owner of a Tukwila, Washington, trampoline park faces more than $68,000 in fines for not giving teen employees meal...
Maryland Man Convicted in $20 Million Insurance Fraud Scheme January 27, 2025 A federal jury last week convicted a Maryland man for conspiracy to commit insurance fraud, money laundering, filing false tax...
Commercial Property Market Stabilizing, With Ample Capacity: USI January 27, 2025 The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or...
Settlements Eclipse $40 Billion in 2024 as PFAS, Reverse Discrimination Claims Emerge January 27, 2025 By Chad Hemenway Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400...
Business Moves January 27, 2025 National Arthur J. Gallagher, Assured Partners Arthur J. Gallagher will acquire AssuredPartners for $13.45 billion cash with a deal expected...
People & Places January 27, 2025 National Matt McHatten, president and chief executive officer at MMG Insurance, is the new chair of the Insurance Information Institute’s...
Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers January 27, 2025 By L.S. Howard Reinsurance buyers generally found ample capacity during January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate...