S&P Warns of Reinsurer Protections as Catastrophe Risks Escalate September 8, 2025 By Gautam Naik As natural catastrophes become more frequent and destructive, a key backstop intended to help cover losses has gotten harder to...
New Texas Laws Ban Youth Cabins in Floodways, Require Camp Safety Plans September 8, 2025 By Sean Murphy In the days and weeks following the death of his 9-year-old daughter, Lila, at Camp Mystic in the Texas Hill...
Two Marquette Men’s Lacrosse Players Killed in Car Wreck September 8, 2025 Two members of the Marquette men’s lacrosse team were killed in a car wreck Friday night near the school’s campus...
Global Reinsurers Meet Cost of Capital for Second Consecutive Year September 8, 2025 By Helen Andersen, AM Best Sound risk management, strategic use of technology and a maturing partnership with alternative capital have subdued the cyclical nature of...
DOJ Drops Defense of Ban on Employee ‘Noncompete’ Agreements September 8, 2025 By Daniel Wiessner President Donald Trump’s administration abandoned on Friday the U.S. government’s legal defense of a rule adopted under former President Joe...
While One Suit Over Citizens’ DOAH Hearings Is Dropped, Drama Builds in Another September 8, 2025 By William Rabb A federal judge agreed to dismiss a lawsuit brought by a 92-year-old Miami homeowner claiming that a state-run arbitration agency...
Anthropic Agrees to Pay $1.5 Billion to Settle Authors’ Copyright Class Action September 8, 2025 By Blake Brittain and Mike Scarcella Anthropic told a San Francisco federal judge on Friday that it has agreed to pay $1.5 billion to settle a...
California Labor Commissioner Cites Los Angeles Restaurant $680K September 8, 2025 The California Labor Commissioner’s Office cited J BBQ, a Koreatown restaurant, more than $680,000 for wage theft violations. A total...
Public Speaks Out on How Pennsylvania Should Spend Opioid Settlement Funds September 8, 2025 By ED MAHON/Spotlight PA Spotlight PA An attorney advocated for allowing opioid settlement money to be spent on public defenders. A prevention expert talked about effective...
Ryan Specialty Launches New Sidecar to Support its Delegated Underwriting September 5, 2025 International specialty insurer Ryan Specialty announced the formation of a new collateralized reinsurance vehicle called Ryan Alternative Capital Re, Ltd....