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Marsh has introduced a new insurance feature for companies going public that offers extra protection during their initial public offering (IPO) process. This addition focuses on helping companies cover the costs of indemnifying investment banks involved in their IPOs—something not usually covered by standard directors and officers (D&O) insurance policies. When a company decides to … Read more

Silver Cross Hospital in New Lenox, Illinois, is facing legal action for not accommodating employees who asked to avoid the COVID-19 vaccine due to religious beliefs and medical issues. The U.S. Equal Employment Opportunity Commission (EEOC) filed two lawsuits against the hospital, accusing it of violating federal law. One lawsuit involves a lab worker who … Read more

An Indiana bank is suing its insurer after falling victim to a loan fraud involving someone pretending to be an NFL player. The case raises important questions about insurance coverage in the digital age. First Farmers Bank & Trust Co. filed a lawsuit against Berkley Insurance Company in federal court, following the denial of a … Read more

Allstate has filed a lawsuit accusing a group of Texas medical clinics and providers of inflating injury claims related to car accidents. The insurer claims these clinics charged for unnecessary treatments and used questionable billing tactics from mid-2019 through 2023. The lawsuit targets Foundation Physicians Group, Prime Imaging Partners, Complete Pain Solutions, Memorial MRI & … Read more

Funding for cyber insurance in the managing general agent (MGA) sector softened significantly in 2025, with fewer deals and smaller investment rounds, according to new data from the QualRisk Cyber Insurance Center (QCC). Publicly disclosed funding dropped to $49 million last year, down from $87 million in 2024. The latest QCC report highlights a trend … Read more

HSS Security, a Texas-based company that provides security services to hospitals, has agreed to pay $35,000 and take additional steps to settle a sex discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC). The lawsuit claimed that the company withdrew a job offer for a security supervisor position from a highly qualified woman … Read more

Mercury Insurance is teaming up with Liberty Mutual Insurance to help thousands of California Safeco customers who are affected by changes in Liberty Mutual’s personal insurance offerings. As Liberty Mutual shifts its strategy for its California personal lines, especially for renters, condo, and some auto policies, it will advise its independent agents to guide those … Read more

Starting January 1, 2026, New Hampshire businesses will pay less for workers’ compensation insurance. The New Hampshire Insurance Department has approved an average 6.1% drop in voluntary workers’ compensation loss costs. Meanwhile, the assigned risk pool for businesses that can’t get coverage in the voluntary market will see a smaller cut of 5.4%. This is … Read more

Aquarian Capital is set to acquire Brighthouse Financial in a deal valued at about $4.1 billion. The agreement, announced on November 7, 2025, involves Aquarian purchasing Brighthouse shares for $70 each in an all-cash offer. The deal is expected to wrap up sometime in 2026. However, it still needs approval from Brighthouse’s common stockholders and … Read more

Fairfax Financial reported a strong third quarter in 2025, with net earnings reaching $1.15 billion. This marks an improvement from $1.03 billion during the same period last year. The company’s success builds on a solid second quarter, when it posted $1.44 billion in net earnings. The company’s book value per basic share increased significantly, rising … Read more