Direct Home Insurer Kin Raises $50M in Series E Financing September 8, 2025 Direct-to-consumer homeowners insurer Kin said it has raised an oversubscribed $50 million Series E financing, at a pre-money valuation of...
Markets/Coverages: Everest Introduces EverBuild for Evolving Construction Risks September 8, 2025 Everest Insurance, the insurance division of Everest Group, recently announced the launch of EverBuild, an enhanced Builder’s Risk coverage form....
How Fast Will the Reinsurance Market Soften? September 8, 2025 By Susanne Sclafane A softer reinsurance market will prevail during the Jan. 1 reinsurance renewals. The only question is how much more softening...
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...
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...
Apollo Settles Fight With Ex-Athene Executives Before Trial September 5, 2025 By Chris Dolmetsch and Laura Benitez Apollo Global Management Inc. resolved a lawsuit against two former executives of insurance unit Athene Holding Ltd. just days before...
Publisher Gannett Wins Dismissal of Nearly All of Journalists’ Job Bias Lawsuit September 5, 2025 By Jonathan Stempel Gannett, the largest U.S. newspaper publisher, won the dismissal of most of a lawsuit, including all class action claims, alleging...
FTC to Review AI Chatbot Risks With Focus on Privacy Harms September 5, 2025 By Josh Sisco and Leah Nylen The US Federal Trade Commission plans to study the harms to children and others of AI-powered chatbots like those offered...
NY Fed Finds Modest Impact of AI on Jobs Even as Usage Increases September 5, 2025 By Maria Eloisa Capurro Use of artificial intelligence among businesses jumped in the last year and is expected to continue to grow, yet few...
FTC Takes Action Against Worker Noncompete Agreements September 5, 2025 By Jody Godoy The U.S. Federal Trade Commission barred the largest pet cremation business in the U.S. from enforcing its noncompete agreements with...