Sica Fletcher: Broker M&A Down Slightly in Q1 as Some Buyers Take ‘Strategic Pause’ May 14, 2024 The 22 acquirers that make up the Sica Fletcher Index were involved in 111 agent-broker deals in the first quarter...
Tesla Settles Factory Worker’s Sexual Harassment Lawsuit May 14, 2024 By Daniel Wiessner Tesla has settled a lawsuit by a former factory employee who says she was fired for complaining about severe sexual...
FTC Noncompete Agreement Ban May Not Survive Courts But Some States Could Adopt May 14, 2024 By William Rabb The Federal Trade Commission’s recently approved ban on noncompete agreements likely won’t survive court challenges, but that doesn’t mean the...
US to Provide Nearly $200M to Contain Bird Flu Spread on Dairy Farms May 13, 2024 By Leah Douglas The Biden administration said on Friday it will provide nearly $200 million to fight the spread of avian flu among...
AM Best: Social Inflation Key Factor in Rise of Loss Severity May 13, 2024 Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, indicating other...
Insurer Bowhead Specialty Seeks About $491M Valuation in IPO May 13, 2024 Insurer Bowhead Specialty is targeting a valuation of about $491 million in its initial public offering in the United States,...
Tech Update: WTW, Riskonnect Launch Risk Diagnostic Tool for Workers’ Comp May 13, 2024 Insurance broker WTW has formed a partnership with Riskonnect to pilot an analytical delivery tool that connects claims and exposure...
Catastrophe Bonds Use Models Underestimating Climate Risks, Investors Say May 13, 2024 By Gautam Naik The risk models that helped drive one of the most lucrative bets of 2023 are increasingly being tested by smaller...
Supreme Court Rules Against Warner Music in Copyright Damages Case May 13, 2024 By Blake Brittain The U.S. Supreme Court on Thursday ruled in favor of a Miami music producer in a legal fight with Warner...
Hackers Behind MGM Attack Targeting Financial Sector in New Campaign May 13, 2024 By Katrina Manson The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new...