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EU Countries Plan to Seek More Free Carbon Permits for Industry European Union member states will push for more free carbon allowances for major industries to better protect companies struggling with tough global competition and rising energy costs. The bloc’s 27 member states will this week seek to agree on a …
POSTED SEPTEMBER 16, 2026 4:38 AM |
Abbott to Pay $385 Million to End Claims Over Infant Formula Abbott Laboratories agreed to pay $385 million to settle U.S. allegations related to poor manufacturing practices at two facilities, including one involving an investigation of a contaminated facility that made powder infant formula. The accord resolves claims that the company …
POSTED SEPTEMBER 16, 2026 4:37 AM |
King Charles to Host AI Executives as Threat Fears Mount Britain’s King Charles will host the leaders of major artificial intelligence companies this week to discuss whether a shared set of principles is needed to guide a technology that has sparked growing warnings about its threat to humanity. With the …
POSTED SEPTEMBER 16, 2026 4:18 AM |
California Governor Signs Act to Create Smoke Damage Presumption California Gov. Gavin Newsom on Tuesday signed legislation establishing standards for investigating, testing and restoring smoke-damaged homes. Newsom signed Assembly Bill 1795, the Smoke Damage Recovery Act. The bill, authored by Assemblymember Mike Gipson and sponsored by California Insurance Commissioner …
POSTED SEPTEMBER 15, 2026 4:56 PM |
Iowa DIFS Names Pearce Acting Deputy Commissioner for Market Regulation The Iowa Department of Insurance and Financial Services announced the appointment of Julie Pearce as Acting Deputy Insurance Commissioner for Market Regulation. Pearce brings over 19 years of extensive insurance and financial services experience spanning Life, Annuity, and Property & …
POSTED SEPTEMBER 15, 2026 4:43 PM |
Texas Utility Discloses Customer Data Breach in SEC Filing CenterPoint Energy CNP.N said in an SEC filing on Monday that the company had become aware in September of an online post by a third party claiming to have obtained a dataset of information on some of its customers. The …
POSTED SEPTEMBER 15, 2026 4:13 PM |
Insurance Companies Join Letter to Push TPLF Disclosure in Federal Courts Insurance executive and counsels joined in with those from more than 200 companies that submitted a letter to a federal court rules committee urging the development of a third-party litigation funding (TPLF) disclosure requirement. According to a group called the …
POSTED SEPTEMBER 15, 2026 4:12 PM |
NFP Acquires Minnesota’s Moores NFP announced the acquisition of Moores Insurance Management, Inc., a multi-disciplinary risk management firm based in Minneapolis, Minnesota. Mark Moores, CEO of Moores, will join NFP as senior vice president, Commercial P&C, reporting to Amanda Ruback, managing director of P&C …
POSTED SEPTEMBER 15, 2026 4:08 PM |
Texas Challenger to Nasdaq, NYSE Lands Fifth Company in a Week Texas Capital Bancshares Inc. will switch its primary listing to the Texas Stock Exchange from Nasdaq, making it the fifth company in a week to jump to the upstart marketplace. The Dallas-based financial services provider expects to begin trading on …
POSTED SEPTEMBER 15, 2026 4:03 PM |
Ryan Specialty Unit Withdraws Protest Over FL Commercial Clearinghouse Contract Ten days after giving notice that it planned to protest the awarding of a contract to manage a clearinghouse for Florida’s Citizens Property Insurance commercial policies, Ryan Services Group has withdrawn the notice. It’s not that unusual, a Citizens official …
POSTED SEPTEMBER 15, 2026 3:09 PM |
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