U.S. President Donald Trump’s administration has halted all pending environmental litigation and reassigned four career Justice Department attorneys focused on environmental issues, according to three sources familiar with the matter and a pair of memos seen by Reuters on Friday. …
Trump Administration Halts Environmental Litigation, Sidelines Lawyers: Sources Read More »
The US Federal Trade Commission is likely to have bipartisan support to keep filing cases to block anticompetitive mergers under the Trump administration, said Henry Liu, the outgoing director of the agency’s Bureau of Competition. Liu, who led the agency’s …
FTC Has Bipartisan Support for Merger Cases, Outgoing Chief Says Read More »
Two workers were injured in an explosion and fire at a cannabis extraction facility on Maryland’s Eastern Shore last Wednesday, state fire officials said. Firefighters were called to PharmaCann in Stevensville for a report of an explosion, according to the …
Two Workers Injured in Explosion at Cannabis Facility Read More »
PayPal, Inc. will pay a $2 million penalty to New York State for violations of the state’s financial services industry cybersecurity regulation. The failures on December 2022 led to sensitive customer information, including social security numbers, being left unredacted and …
PayPal Pays $2 Million Cybersecurity Settlement to New York Regulator Read More »
The owner of a Tukwila, Washington, trampoline park faces more than $68,000 in fines for not giving teen employees meal breaks, and for working them longer hours than allowed under law. The Washington State Department of Labor & Industries investigated …
Sky Zone in Washington Fined for Overworking Teens Read More »
A federal jury last week convicted a Maryland man for conspiracy to commit insurance fraud, money laundering, filing false tax returns and identity theft, according to the office of U.S. Attorney for the district of Maryland. According to court documents …
Maryland Man Convicted in $20 Million Insurance Fraud Scheme Read More »
The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or low-single-digit increases this year, according to USI Insurance Services’ 2025 Commercial Property & Casualty Market Outlook. Accounts with unfavorable loss …
Commercial Property Market Stabilizing, With Ample Capacity: USI Read More »
By Chad Hemenway Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400 cases by law firm Duane Morris. Gerald L. Maatman, partner at the firm and co-author of its …
Settlements Eclipse $40 Billion in 2024 as PFAS, Reverse Discrimination Claims Emerge Read More »
By L.S. Howard Reinsurance buyers generally found ample capacity during January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate reductions and improved terms and conditions for clients that could demonstrate differentiated strategies, reinsurance brokers Aon, Gallagher …
Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers Read More »
This article follows Part One from last month and covers group benefits and health insurance, the effects of natural disasters on insurance, insurtech and technology, and market conditions. Group Benefits and Health Insurance Today’s younger employees expect benefits packages to …
Industry Trends to Exploit for 2025 – Part Two Read More »
