Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders in 2022 by failing to properly disclose his growing stake in the social media company. An Elon Musk revocable trust would …
Musk Agrees to Pay $1.5 Million Over SEC Twitter Stake Case Read More »
ACORD, the global standards-setting body for the insurance industry, announced the formation of the ACORD Inter-Association Advisory Council (IAAC). IAAC is a coalition of North American property/casualty associations representing independent agents, brokers, and intermediaries across the North American distribution channel. …
Insurance Distribution Associations Unite to Form New Industry Advisory Council Read More »
Gov. Abigail Spanberger is weighing whether to sign or veto legislation that would, for the first time, allow Virginians to file class action lawsuits in state courts — a shift advocates say would expand access to justice, but one that …
Spanberger Weighs Legislation to Allow Class Action Lawsuits in Virginia Courts Read More »
Specialty insurance market rates declined in 2025 and during the January 1, 2026 renewals, with the pace of change exceeding expectations, according to WTW’s Specialty Insurance Marketplace Survey (SIMS). Data from the January 1 renewals and new business point to …
Specialty Insurance Rates Soften Faster Than Expected, Hitting 2020 Price Levels: WTW Read More »
Volkswagen’s Brazilian unit announced on Monday [May 4] a recall of five models manufactured up to five years ago for a software inspection and potential update to fix a malfunction in the instrument cluster. The recall includes the Polo, Virtus, …
Volkswagen’s Brazil Unit Recalls Five Models for Instrument Panel Software Fix Read More »
Recent media coverage of the alleged Stryker cyber incident has renewed attention on cyber risk across healthcare, life sciences and medical device manufacturing. While headlines often focus on attribution or worst‑case scenarios, events like this are not unfamiliar territory for …
A Closer Look at Cyber Incidents in Healthcare Read More »
New offering helps brokers meet market demand for railroad contractors with broader account solutions and added flexibility SAN DIEGO, May 6, 2026 — Arrowhead General Insurance Agency, Inc., an Arrowhead Programs company, today announced the expansion of its Railroad Program …
Arrowhead General expands railroad program to include workers’ compensation coverage Read More »
The China Eastern Airlines Corp. jetliner that plummeted into a hillside in 2022, killing all 132 people on board, had its fuel supply cut during the flight, newly released investigative material shows, supporting the theory that the aircraft was intentionally …
Fatal 2022 China Plane Crash Points to Midflight Fuel Cutoff Read More »
Greece has rescued all nine crew members, eight Turkish and one Azerbaijani, of a cargo ship that hit rocks and sank off the island of Andros early on Wednesday, a Greek coast guard official said. The Vanuatu-flagged freighter had left …
Crew Rescued After Cargo Ship Sinks Off Greece, Coast Guard Says Read More »
President Donald Trump’s administration moved Monday to block a lawsuit Minnesota officials filed almost six years ago alleging oil companies and a petroleum trade group deceived state residents about climate change. The U.S. Department of Justice, the administration’s law enforcement …
Trump Administration Seeks to Stop Minnesota Lawsuit Against Oil Companies Read More »
