Buffett’s Duracell Sued by BASF Over Lithium Battery Secrets April 11, 2025 By Jef Feeley Billionaire investor Warren Buffett’s Duracell battery maker was accused by chemical producer BASF SE of stealing trade secrets about lithium...
People Moves: World Insurance Names Robinson SE Revenue Leader April 11, 2025 James “Jay” Robinson, formerly with Aon, has joined World Insurance Associates as Southeast division revenue leader, the brokerage announced. Robinson...
Pennsylvania Approves Workers’ Compensation Loss Costs Drop of 8.67% April 11, 2025 The Pennsylvania Insurance Department (PID) has approved a workers’ compensation filing with an 8.67% reduction in loss costs. New or...
Utah Insurance Department Warns of Phony Policies Sold on Social Media April 11, 2025 The Utah Insurance Department’s Fraud Division is warning consumers about an increase in fake auto insurance policies being marketed to...
California’s Effort to Hold Oil Companies Liable for Natural Disasters Stalls April 11, 2025 By Sophie Austin California lawmakers have blocked a bill to make oil and gas companies liable for damage to homes from natural disasters...
New Hampshire PFAS Case Sent Back to State Court April 11, 2025 The First Circuit Court of Appeals has blocked the 3M Co.’s attempt to remove New Hampshire’s PFAS chemical case to...
If a Tree Falls on a House, Is the City Liable? April 11, 2025 By Andrew G. Simpson An insurer has succeeded in holding a Massachusetts city responsible for $40,000 in damages caused by a tree that fell...
Canadian Exporters Inquire About Trade Credit Insurance as Trump’s Tariffs Raise Risk April 11, 2025 By Promit Mukherjee A little-known insurance product is gaining traction in Canada as exporters seek to guard against losses and bankruptcies of their...
People Moves: Markel Promotes Brooke to Senior Underwriter of War and Terrorism; BHSI Promotes Kidd to Newly Created Role of Head of Underwriting in Europe April 10, 2025 Markel Promotes Brooke to Senior Underwriter of War and Terrorism Markel, the insurance operations within Markel Group Inc., announced that...
$5 Million Recovered for Union Hit by Spoofed Email April 10, 2025 The Department of Justice recently recovered approximately $5.3 million for a union hit by a business email compromise (BEC) scheme....