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California Commissioner’s Regulation to Prevent Insurance Crises From Climate Disasters, Cyber Threats, AI
Oct 28 2025 // California Commissioner Ricardo Lara is proposing a regulation aimed at mitigating rising insurance costs and safeguarding the state’s insurance market from catastrophic risks and technological threats. Lara’s...
Federal Judge Decertifies Apple App Store Class Action
Oct 28 2025 // A federal judge decertified on Monday a class action by tens of millions of Apple customers who accused the company of monopolizing the market for iPhone apps by banning purchases outside its App Store, leading to higher...
HSBC to Take $1.1 Billion Hit After Luxembourg Court Ruling in Madoff Case
Oct 27 2025 // HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff’s Ponzi scheme, history’s biggest...
Louisiana Judge Invalidates Permit for LNG Facility, Orders Review of Climate Impact
Oct 21 2025 // A Louisiana judge has tossed out a key permit for a liquefied natural gas facility that won approval from President Donald Trump’s administration, ordering a state review of how the facility’s planet-warming...
NAMIC to Federal Lawmakers: Do Your Job on Flood Insurance Program
Oct 16 2025 // Two weeks into the expiration of the National Flood Insurance Program, one of the insurance industry’s trade associations is once again calling for a reauthorization. The National Association of Mutual Insurance...
Credit Suisse Bondholders Given Fresh Hope by Swiss Court Ruling
Oct 15 2025 // A Swiss court has given fresh hope to Credit Suisse bondholders who sought damages after their investments were wiped out when UBS Group AG rescued the bank in a government-brokered deal over two years ago. The...
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