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Texas has taken legal action against Kenvue, the maker of Tylenol, and Johnson & Johnson, its former parent company, over claims that the pain reliever was wrongly marketed as safe for pregnant women. The lawsuit, filed by Texas Attorney General Ken Paxton, alleges that acetaminophen exposure in the womb can harm fetal brain development and … Read more

In the United States, businesses of all sizes rely on commercial insurance to protect themselves from unexpected financial losses. This type of insurance covers a wide range of risks, from damage to buildings and equipment to claims arising from everyday business operations. For insurance brokers, knowing the different types of commercial insurance is key to … Read more

Hurricane Melissa, one of the strongest storms ever recorded in the Atlantic, struck Jamaica on Tuesday with devastating force. The Category 5 hurricane, packing sustained winds of 185 miles per hour, moved slowly across the island, causing widespread destruction. Homes were flattened, trees uprooted, and power knocked out across large areas. The full extent of … Read more

Two men from Georgia are behind bars after being charged with having a large number of homemade explosive devices. The arrests took place in mid-July, following a police search at the home of Steven M. Gray, 64, in Rome, Georgia. Daryl Stamey Sr., 56, was also arrested in connection with the case. Authorities acted after … Read more

Over the July 4 weekend, Central Texas was hit hard by flash floods that caused massive damage across the region. Estimates show that more than $1.1 billion in damage struck residential buildings alone. Yet, despite the huge losses, most insurance companies are expected to face limited financial impact from the disaster. The floods affected a … Read more

Liberty Specialty Markets and the broker BMS have both made notable moves to strengthen their teams in the insurance and reinsurance sectors. Liberty Specialty Markets, part of Liberty Mutual Insurance Group, recently added three new experts to its energy division. Alex Nelson steps in as underwriting manager for power and renewables, bringing experience from his … Read more

Andy Shelton, the workers’ compensation practice leader and property & casualty broker at Brown & Brown in Washington, recently shared his thoughts on the current state of workers’ compensation. In a focused discussion, he highlighted some key developments and challenges facing the sector today. Shelton pointed out that changes at the state level are shaping … Read more

Liability insurance is an important safety net for many businesses. It protects against financial losses if a company is found responsible for injury or damage to others. Whether it’s a small shop or a large corporation, having the right liability coverage can mean the difference between staying afloat or facing serious money troubles. This type … Read more

Chatbots, once praised for making customer service easier, are now causing concern in the world of cyber insurance and legal risk. Experts warn that the way these AI tools collect and use personal data could lead to a surge in lawsuits and stricter regulations. The rise of chatbots comes with new privacy challenges. They collect … Read more

Marsh Japan is set to acquire Mitsubishi Electric’s in-house insurance agency, Mitsubishi Electric Insurance Service Co. Ltd., with the deal expected to close on November 4. While the financial details of the transaction have not been made public, the move marks a significant shift in how Mitsubishi Electric handles its insurance services. Mitsubishi Electric Insurance … Read more