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The third-party liability insurance market is currently facing significant challenges. Rising nuclear verdicts, changing juror attitudes, and the growth of litigation funding are all contributing to this turmoil. This shift has led insurers to cut back on their coverage offerings, resulting in higher premiums and stricter terms for businesses seeking protection. Vince Gaffigan, an executive … Read more

Google has agreed to pay $28 million to settle a class action lawsuit that accused the company of unfairly favoring white and Asian employees over others in terms of pay and career advancement. This settlement received preliminary approval from Judge Charles Adams in Santa Clara County, California, last week. The lawsuit, led by Ana Cantu, … Read more

The California Insurance Wholesalers Association (CIWA) has launched two exciting new initiatives aimed at enhancing the insurance industry. The first, CIWA Women, focuses on empowering women in the property and casualty insurance field. Led by Committee Chair Yana Connors, this initiative has formed an inaugural committee that includes notable industry leaders such as Sarah Sloan … Read more

Insurance companies are gearing up to hire more staff in 2025, but they are focusing on experienced professionals rather than entry-level workers. This trend comes from the latest Insurance Labor Market Study conducted by Jacobson Group and Aon, which surveyed insurers about their hiring plans. According to the January 2025 survey, 55% of insurers expect … Read more

EPIC Insurance Brokers & Consultants has appointed Matt Allen as the principal of its private client team. This announcement comes as part of the company’s ongoing efforts to enhance its services in the insurance sector. Matt Allen brings over 18 years of experience in the insurance industry to his new role. He has a strong … Read more

An employee at S&P Global has been denied workers’ compensation benefits after claiming he injured his knee during a company-sponsored event at TopGolf. The Virginia Workers’ Compensation Commission (VWCC) upheld the decision made by a deputy commissioner, who found that the employee did not prove his injury was work-related. The incident occurred on June 10, … Read more

A federal judge has put a stop to a lawsuit filed by two entertainment businesses in Texas against their insurance providers. The judge ruled that the businesses must first provide sworn testimony before they can move forward with their claims. TnT Gaming Center LLC and TnT Family Entertainment Inc. took legal action last year against … Read more

DUAL North America has teamed up with Homebound Insurance Exchange to expand its personal lines insurance offerings. This partnership aims to enhance coverage for manufactured homes, dwelling fire, and homeowners insurance, especially as the insurance market undergoes significant changes. The collaboration will initially focus on Texas, with plans to extend services to other states in … Read more

Christopher M. Becerra, a professional with a strong background in mortgage banking, is making waves in the insurance industry by helping clients overcome financial hurdles. With his expertise in real estate values, he has successfully assisted clients in qualifying for loans despite challenging debt-to-income (DTI) ratios. Becerra shared his experiences in a recent interview, highlighting … Read more

The U.S. Department of Energy has announced that it has released $57 million from a total loan guarantee of $1.52 billion for Holtec’s Palisades nuclear plant in Michigan. This funding is part of a broader initiative by the Biden administration to promote nuclear energy, which is seen as a clean power source that can help … Read more