East Jordan Plastics, Inc., a manufacturer of plastic horticultural containers, will pay $460,000 and provide other relief to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. According to the …
Michigan Manufacturer to Pay $460K to Settle Sexual Harassment Lawsuit Read More »
THC products will remain largely legal in Texas, but will be banned for minors and further regulated under a new executive order by Gov. Greg Abbott on Wednesday. Abbott directs the Texas Department of State Health Services and the Alcoholic …
Texas to Ban Minors From THC Products Read More »
In a three-way deal involving carriers, underwriters, holding companies and more, catastrophe-focused managing general underwriter SageSure announced it will acquire the managing general agent for Florida-based Olympus Insurance Co. At the same time, the parent company for SageSure’s carrier partners …
SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida Read More »
A North Carolina firefighter who was shot while answering a fire alarm call is recovering, while a suspect is in jail. The Associated Press and local media reported that the fireman was shot last week in Ellerbe. One fire truck …
North Carolina Firefighters Shot, Burned in Separate Fire Calls Read More »
Arthur J. Gallagher & Co. announced the acquisition of St. Paul, Minnesota-based Bremer Insurance Agencies, Inc. Terms of the transaction were not disclosed. Bremer Insurance Agencies, a subsidiary of Old National Bancorp (NASDAQ:ONB) following the completion of Old National’s acquisition …
Arthur J. Gallagher & Co. Acquires Minnesota’s Bremer Insurance Agencies Read More »
The New Orleans Archdiocese on Monday agreed to a $230 million proposed settlement for survivors of clergy sexual abuse, attorneys for some of the survivors said Monday. The agreement paves the way for a final resolution to yearslong negotiations amid …
New Orleans Archdiocese to Pay $230M Settlement in Clergy Sex Abuse Case Read More »
Meta Platforms and TikTok on Wednesday won a legal challenge to the way EU regulators calculated a supervisory fee imposed on them under landmark tech rules, but will receive no money back while officials reformulate the levy. Meta and ByteDance’s …
Meta, TikTok Win Challenge Against EU Tech Fees, Forcing Regulators to Recalculate Read More »
Lincoln International, a global investment banking advisory firm, said it has a definitive agreement to acquire MarshBerry, an advisory firm serving the insurance brokerage, insurance distribution, and wealth management sectors for over 40 years. Lincoln said Woodmere, Ohio-based MarshBerry will …
Lincoln International Agrees to Buy Insurance Brokerage Advisory MarshBerry Read More »
Republican U.S. Senator Ted Cruz introduced a bill on Wednesday that would let artificial intelligence companies apply for exemptions to federal regulation to help them experiment in developing new technology. Cruz leads the Senate Commerce Committee, which held a subcommittee …
US Senator Cruz Proposes AI ‘Sandbox’ to Ease Regulations on Tech Companies Read More »
U.S. commercial insurance rates increased 3.8% in the second quarter of 2025, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). WTW said the price increase has been very close to 6% over the past six quarters. Carriers …
US Commercial Lines Prices Increase 3.8%, Falling From Up 6% in Previous Quarters Read More »
