News
Indictment Filed in $250M Offshore Insurance Scheme
A New York-based insurance agency is alleged to have issued more than 40 unauthorized insurance policies providing more than $250 million in coverage to clients while the company's equity was less ...
Small Businesses Relieved After Federal Judge Strikes Down Broad Overtime Rule
Small business owners have had a mostly positive reaction to a judge's decision to strike down an overtime rule that would have qualified more workers for overtime pay. On Nov. 15, a federal judge in ...
Flavored Vape Products Dispute Goes Before U.S. Supreme Court
A dispute over the U.S. Food and Drug Administration's refusal to let two e-cigarette companies sell flavored vape products due to their health risk to youths goes before the ...
AM Best Revises Outlook for U.S. Personal Lines Insurance Segment to ‘Stable’
AM Best has revised its outlook to stable from negative for the U.S. personal lines insurance segment for 2025, citing improved rate and pricing conditions, particularly in the auto insurance space, ...
WTW to Return to Treaty Reinsurance Broking via Bain Capital Joint Venture
WTW announced it will return to treaty reinsurance broking via a joint venture with the private investment firm Bain Capital. WTW will hold a minority share in the new company, said WTW in an ...
Meta Says Gen AI Had Muted Impact on Global Elections This Year
Despite widespread concern that generative AI could interfere with major elections around the globe this year, the technology had limited impact across Meta Platforms' apps, the tech company said on ...
High-Net-Worth Insureds’ Top Concerns: Climate, Collectibles and Cyber
A new report on emerging risks affecting wealthy households — those with assets of $500,000 to $5 million — highlights climate change, theft of collectibles and cybersecurity as top concerns. ...
Season of Sharing Program Pays Sarasota Families’ Bills After Hurricane Devastation
Cecilia Grove didn't work for 38 days after Hurricane Helene's storm surge flooded the kitchen of the restaurant where she waits tables. The Cottage, a local and tourist favorite on Siesta Key near ...