Asset managers with sizable holdings of catastrophe bonds are watching to see how a recent recommendation by Europe’s markets watchdog will disrupt the status quo, with some already warning of a potential selloff. At issue is the $17.5 billion of …
Catastrophe Bonds Worth $17.5 Billion Land in EU Crosshairs Read More »
Backing accelerates XPT Specialty’s mission to recruit and empower top producers across the United States September 15, 2025 — XPT Specialty, one of the fastest-growing specialty insurance distribution platforms in the U.S., today announced that B.P. Marsh & Partners Plc …
XPT Expands Growth and Broker Platform with Increased Investment from B.P. Marsh Read More »
The Federal Aviation Administration said it would fine Boeing Co. $3.1 million for a series of safety violations that it uncovered over a space of several months between late 2023 and early last year. The violations included interference with safety …
Boeing Faces $3.1 Million in Fines for Safety Violations Read More »
A federal appeals court on Friday said it was pausing its consideration of legal challenges against the U.S. Securities and Exchange Commission’s climate regulations until the Wall Street regulator decides whether it plans either to change them or to defend …
US Appeals Court Hits Pause on Challenges to SEC Climate Rule Read More »
A federal court ordered a Northern California-based roofing contractor to pay $1.9 million in back wages and damages to 158 workers after a U.S. Department of Labor investigation reportedly found the employer failed to pay required overtime rates to workers. …
California Roofing Contractor Must Pay $2M in Unpaid Wages, Damages Read More »
The Federal Trade Commission ordered Alphabet Inc.’s Google, OpenAI Inc., Meta Platforms Inc. and four other makers of artificial intelligence chatbots to turn over information about the impacts of their technologies on kids. The antitrust and consumer protection agency said …
Meta, OpenAI Face FTC Inquiry on Chatbot Impact on Kids Read More »
The Hawaii Employers’ Mutual Insurance Company Inc. board of directors declared a $5 million dividend for qualifying policyholders. It is the second consecutive year HEMIC issued a dividend this level. HEMIC will have returned more than $58 million in dividends …
HEMIC in Hawaii Declares $5 Million Dividend for Policyholders Read More »
American Multi-Cinema (AMC), a nationwide movie theatre chain, violated federal law when it forced an employee with a disability to leave his job, the Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. According to the lawsuit, AMC, at its …
EEOC Sues Movie Theatre Chain for Alleged Disability Discrimination Read More »
A federal judge has blocked the Trump administration’s attempt to subpoena medical records of transgender patients who received gender-affirming care at Boston Children’s Hospital. In a ruling on Tuesday, U.S. District Judge Myong Joun said the administrative subpoena served by …
Judge Blocks Trump Administration’s Subpoena of Trans Kids’ Medical Records Read More »
