British drugmaker GSK will no longer set diversity targets, it said on Thursday, as it became the latest company to scale back or abandon such goals in response to the U.S. president’s opposition to them. President Donald Trump has issued …
British Drugmaker GSK Abandons Diversity Targets Following Trump Pressure Read More »
The UK set out a raft of reforms designed to improve building safety, as it aims to clamp down on failures that contributed to the Grenfell Tower fire. The government is planning tougher rules on construction product safety, backed by …
UK Sets Out Reforms to Address Failures in Grenfell Tower Fire Read More »
A working paper from the U.S. Congressional Budget Office recently estimated the distribution of changes in gross domestic product in the year 2100 resulting from changes in temperature. And it could be bad, really bad—or hopefully not so bad, if …
US GDP Could Take a Big Hit From Climate Change by 2100, Study Shows Read More »
While Western wildfires have dominated disaster news for decades, new analysis using artificial intelligence shows millions of homes across the country—even in the swampy Southeast—are at risk for wildfires. New data analysis from ZestyAI found that $2.15 trillion worth of …
ZestyAI: More Than $2 Trillion in US Homes at High Risk of Wildfires Read More »
Reforms in 2024 to Illinois’ Biometric Information Privacy Act may have slowed the frequency and severity of litigation, but there remain significant consequences for violation of the law. Insurance Journal was able to ask expert Jason M. Rosenthal of Chicago-based …
BIPA Litigation May Subside but Don’t Sleep on Compliance Read More »
The Consumer Financial Protection Bureau dropped a slew of Biden-era lawsuits against lenders as the nominee to lead the agency pledged to “right size” the watchdog under President Trump. The CFPB dismissed cases against Capital One Financial Corp., a unit …
CFPB Drops Lawsuits Against Capital One, Rocket Unit Read More »
Two major, publicly traded Florida insurance companies reported fourth-quarter earnings, with the Baldwin Insurance Group, Inc. (BWIN) noting a loss of $20.2 million in its fourth quarter. On a per-share basis, the Tampa-based insurance agency and brokerage said it had …
Florida’s Baldwin Group Reports $20M Q4 Loss, Universal Earned $6M Profit Read More »
Tennessee-based Selectsys, an insurtech specializing in business process outsourcing for insurers, has acquired Expert Insured, an artificial intelligence-led insurance management system for wholesalers, carriers and managing general agents. Terms were not disclosed. With headquarters in Boston, Expert Insured also has …
Selectsys Acquires Expert Insured, with AI for Carriers, MGAs Read More »
HARTFORD, Conn. (AP) — Connecticut lawmakers passed emergency legislation this week prohibiting state agencies and municipalities from purchasing or using Chinese and Russian drones while also imposing restrictions on where drones can be operated in the state. The bill comes …
Connecticut Lawmakers Ban Use of Foreign-Made Drones by State, Local Agencies Read More »
A Florida appeals court has re-affirmed a major state Supreme Court decision, helping to answer lingering questions about whether the 2022 bad-faith litigation reform law can be applied retroactively. The answer is “no,” Florida’s 1st District Court of Appeals said …
Florida’s Bad-Faith Claims Reform Law Not Retroactive, Appeals Court Says Read More »
