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...
While One Suit Over Citizens’ DOAH Hearings Is Dropped, Drama Builds in Another September 8, 2025 By William Rabb A federal judge agreed to dismiss a lawsuit brought by a 92-year-old Miami homeowner claiming that a state-run arbitration agency...
Ryan Specialty Launches New Sidecar to Support its Delegated Underwriting September 5, 2025 International specialty insurer Ryan Specialty announced the formation of a new collateralized reinsurance vehicle called Ryan Alternative Capital Re, Ltd....
Insured Losses in Texas Exceed $47 Billion in 2024 September 5, 2025 Insured losses exceeded $47.2 billion in Texas last year—a 4.2% increase over 2023, according to a new property and casualty...
AccuWeather: Warm Gulf Water Could Fuel Storm Intensification in September September 4, 2025 By Ezra Amacher The Gulf Coast has avoided any major tropical storms so far this hurricane season, but the Gulf’s luck could soon...
The Year So Far: Liberty Mutual Improves Most Among Nationals; Discipline Tested September 4, 2025 A Carrier Management summary of earnings metrics for the year so far reveals a second-quarter average combined ratio of roughly...
Florida OIR Fines Carriers for Adjuster Appointments, Lack of Disclosure Statements September 3, 2025 By William Rabb Florida Insurance Comissioner Michael Yaworsky this year has levied more than $2 million in fines against eight property insurance companies...
Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says September 2, 2025 The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up...
Tesla Asks Court to Throw Out $243M Award; Says Comments About Musk Misled Jury September 2, 2025 By Bernard Condon The car company run by Elon Musk asked a federal court Friday to dismiss massive damages awarded to victims of...
Most Trump Tariffs Are Not Legal, US Appeals Court Rules September 2, 2025 By Dietrich Knauth, Nate Raymond and Tom Hals A divided U.S. appeals court ruled on Friday that most of Donald Trump’s tariffs are illegal, undercutting the Republican president’s...