Elon Musk $258 Billion Dogecoin Lawsuit Expands September 8, 2022 By Jonathan Stempel The $258 billion racketeering lawsuit accusing Elon Musk of running a pyramid scheme to support the cryptocurrency Dogecoin has expanded,...
First Aerial Delivery Drone Granted Design Approval by FAA September 8, 2022 By Alan Levin Aviation regulators approved designs for the first flying drone built specifically for shipping packages, a major step forward for the...
Record-High Direct Premiums Written for the U.S. Surplus Lines Segment in 2021 September 7, 2022 Total U.S. surplus lines direct premiums written (DPW) reached a record $82.6 billion in 2021, with momentum continuing through mid-year...
Liberty Mutual: Ironshore to Become Wholesale-Exclusive Brand September 7, 2022 Liberty Mutual said it has repositioned its distribution strategy for specialty and excess & surplus products, making Ironshore a wholesale-exclusive...
State Farm Invests $1.2B in ADT; Adopts ‘Predict and Prevent’ Mindset September 7, 2022 By Susanne Sclafane State Farm and ADT, a smart home provider, announced that State Farm will make a $1.2 billion equity investment in...
Hartford President Doug Elliot to Retire September 7, 2022 The Hartford said Doug Elliot will retire as the company’s president effective Dec. 31, after more than 11 years with...
Labor Board to Expand Companies’ ‘Joint Employer’ Liability September 7, 2022 By Daniel Wiessner A U.S. labor board on Tuesday moved to make it easier for workers and unions to hold companies liable for...
Truist Acquires Premium Finance Firm From Bank Holding Company September 7, 2022 Truist Insurance Holdings Inc., one of the largest U.S. brokerages and a part of Truist Financial Corp., announced that it...
Last Chance to Nominate for Best Agencies to Work For 2022 September 6, 2022 Is your agency a Best Place to Work? Then it’s time to nominate your agency as a “Best Agency to...
Juul Reaches $439 Million Settlement Over Marketing to Children September 6, 2022 By Erik Larson, Rachel Butt and Malathi Nayak Juul Labs Inc. reached an agreement in principle to pay $438.5 million to 33 states to resolve a two-year bipartisan...