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Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, has launched Active Cyber Insurance for Enterprises in the UK, a solution designed to meet the complex cyber risk needs of large organizations. Following the announcement of Coalition’s expanded …

The Michigan Department of Insurance and Financial Services (DIFS) joined 48 state financial regulatory agencies in reaching a $15.5 million settlement with mortgage servicer NewRez for improperly imposing “force-placed” insurance costs on borrowers who already had active homeowners insurance policies. …

The insurance industry should be prepared to withstand $171 billion in insured catastrophe losses, on average in a given year, up $19 billion from a year ago, according to Verisk. In its highest annual estimate reported to date, the data …

Family Dollar Stores of North Carolina, LLC, a Matthews, North Carolina-headquartered retailer with a store in Greenville, violated federal law by refusing to provide a reasonable accommodation for an employee’s pregnancy-related limitations and then firing her, according to a lawsuit …

Small business focused insurtech Foxquilt said it has launched an admitted errors & omissions product with a rollout to 10 states starting in September. E&O is Foxquilt’s second admitted product in the U.S. along with commercial general liability. “E&O is …

Actress Blake Lively will get just over $400,000 of the $8 million she sought in legal costs from actor and director Justin Baldoni after they settled their fight over the production of their 2024 film “It Ends With Us,” a …

Guy Carpenter, the reinsurance arm of Marsh, has been rebranded Marsh Re — retiring a name that has been in the insurance and reinsurance market for more than 100 years. “A new name for an expanded vision,” said the promotional …

Two air traffic controllers could be fired for leaving the tower at New York’s LaGuardia Airport about an hour early on the night that an Air Canada jet smashed into a fire truck crossing the runway, killing both pilots, according …

wo oil supertankers attempting to exit the Strait of Hormuz were struck by projectiles late Monday, maritime security consultant Marisks said, the latest sign of renewed hostilities around the critical waterway. The very large crude carrier Sidr, run by Saudi …

Thailand plans to provide government-funded disaster insurance to about 30 million households in high-risk areas, while seeking to shift some of the growing cost of floods and other catastrophes to private insurers. The government on Tuesday approved a 15.5 billion …

The US Federal Trade Commission and 22 US states sued Amazon.com Inc. over claims the e-commerce giant systematically overcharged advertisers for years. The FTC, which enforces antitrust and consumer laws, and the state attorneys general allege in the suit filed …

Russian-speaking hackers used SpaceX’s AI coding assistant, Cursor, to help break in to a Belgian chemical company and at least six other firms earlier this year, according to data reviewed by Reuters and reports issued Aug. 27 by cybersecurity companies …

On August 18 the Immigration and Customs Enforcement (ICE) agency announced a plan to provide subsidized personal liability insurance for state and local police working with ICE in immigration enforcement. The plan would shield rogue agents from legal expenses they …

The music publishing branches of Sony Music and Warner Music have sued Anthropic in California federal court for allegedly misusing their copyrighted song compositions to train its Claude AI models. Sony and Warner said in the complaint, filed on Friday, …

A federal judge has agreed with the owner and manager of the Dali cargo ship responsible for the collapse of Baltimore’s Key Bridge that the bulk of the remaining claims against them for economic damage are invalid. On August 25, …

Crest Insurance Group is acquiring Tegeler & Associates in Pinedale, Wyoming. Tegeler & Associates was founded in 1943 and acquired by the Tegeler family in the 1970s. The agency has 14 locations throughout Wyoming and provides insurance services for individuals, …

A federal judge in Alabama has likened State Farm to a gambler and warned that the insurer’s apparent strategy of trying to move claims litigation from state to federal court is a risky bet that might not be worth taking. …

Los Angeles County sued State Farm, California’s largest home insurer, for alleged delays, denials and underpayments of property damage claims filed by victims of the massive January 2025 wildfires. Monday’s lawsuit, following a county investigation, alleges State Farm withheld money …

California legislators introduced a bill Saturday that would update the state’s wildfire response without shifting liability away from publicly traded utilities. The move comes after extended negotiations with Gov. Gavin Newsom’s administration, which had been advocating for measures that would …

A hurricane watch has been issued for parts of the Texas and Louisiana coast, as a system gathers strength in the Gulf of Mexico following an unusually calm start to the Atlantic season. Tropical Storm Edouard was 155 miles (250 …