Global Insured Catastrophe Losses to Average $171 Billion Annually, Verisk Says The insurance industry should be prepared to withstand $171 billion in insured catastrophe losses, on average in a given year,... Read More
Apple Accuses OpenAI of Destroying Evidence in Exchange of Barbs According to Apple's latest filing, OpenAI "only recently" provided a key piece of evidence: an Apple-issued MacBook that Liu had... Read More
Aon Acquires USI Insurance From KKR for $17 Billion KKR & Co. is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to... Read More
New Illinois Law Requires Insurance for High-Speed E-Bikes Some Illinois e-bike riders will need to carry insurance starting in 2027 under a law signed this week by Gov.... Read More
Carnival Cruise Line Wins New Trial After $10M Verdict in Sex Assault Suit Carnival Cruise Line, long the subject of lawsuits accusing its crew members of unwanted sexual advances on passengers, has won... Read More
Meta Settlement Opens New Front in Global Fight Over Social Media Harm Meta’s move to restrict teenagers’ use of social media in the U.S. shows companies have tools to better protect young... Read More
Nuclear Verdicts Go Boom, Increase 40.7% in 2025 So-called “nuclear” verdicts did not subside in 2025. In fact, it was quite the opposite. According to a new report... Read More
Canada Slaps Retaliatory Tariffs on US Goods Worth $20B as Trade War Intensifies Canada hit back on Tuesday with retaliatory tariffs on about $20 billion worth of U.S. annual imports and rolled out... Read More
Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case A federal judge has approved a $117.5 million data breach settlement against Comcast Cable Communications. The agreement represents one of... Read More
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US USI Insurance Services has sued three former producers, who “reneged on their contractual obligations” in a move to competitor Howden... Read More