Southern California Edison, Others Settle to Recover $2B Tied to Wildfires September 19, 2025 Southern California Edison has reached a settlement agreement with several intervenors to allow the utility to recover about $2 billion...
Viewpoint: Rampant Fraud in Staged Accidents September 19, 2025 By Jerry Theodorou It should come as no surprise that Hollywood has not made many movies about insurance—arguably among the least glamorous of...
Insurer Says Tech Services Firms Should Pay for Insured’s Ransomware Damages September 19, 2025 By Andrew G. Simpson ACE American Insurance Co. is suing to recover $500,000 it paid in ransomware damages to a staffing company, claiming cloud...
Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop September 17, 2025 By Chad Hemenway Marsh McLennan lost 358 employees in the terrorist attack on the World Trade Center on Sept. 11, 2001, and in...
Tesla Settles Another Fatal Crash Lawsuit Ahead of Jury Trial September 17, 2025 By Madlin Mekelburg Tesla Inc. reached a confidential deal to resolve a lawsuit by the family of a teenager who was killed in...
Trump Sues The New York Times for Defamation and Libel, Seeks $15 Billion September 16, 2025 By Shivani Tanna U.S. President Donald Trump sued the New York Times, four of its reporters, and publisher Penguin Random House for at...
AmTrust Expands E&S Division, Spins Off Some MGAs With Blackstone September 16, 2025 AmTrust Financial Services has a busy day on Sept. 15 as it expanded its excess & surplus division to include...
US Appeals Court Hits Pause on Challenges to SEC Climate Rule September 15, 2025 A federal appeals court on Friday said it was pausing its consideration of legal challenges against the U.S. Securities and...
Meta, OpenAI Face FTC Inquiry on Chatbot Impact on Kids September 15, 2025 By Leah Nylen The Federal Trade Commission ordered Alphabet Inc.’s Google, OpenAI Inc., Meta Platforms Inc. and four other makers of artificial intelligence...
Fitch Ratings: U.S. E&S Growth Slows but Remains Strong September 12, 2025 Direct written premiums saw double-digit growth for the seventh straight year for U.S. excess and surplus (E&S) insurers, according to...