INSURANCE NEWS
Google to Pay $135 Million to Settle Android Data Transfer Lawsuit
Google will pay $135 million to settle a proposed class action by smartphone users who accused Google of programming its Android operating system to collect their cellular data without permission. A preliminary settlement with the Alphabet unit was filed late …
People Moves: MEMIC Hires Coy as CIO
The MEMIC Group, headquartered in Portland, Maine, hired Matt Coy as chief information officer (CIO), succeeding Jack Yao, who retired at the end of 2025 after more than nine years of service. Coy leads MEMIC’s technology strategy, rejoining MEMIC after …
Judge Allows Dali Manager’s Bid to Limit Liability for Baltimore Bridge Collapse
A federal judge has allowed the manager of the cargo ship Dali involved in the tragic collapse of Baltimore’s Francis Scott Key Bridge in March 2024 to proceed for now with its claims under an 1851 maritime law that limits …
Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July
Fourth quarter 2025 net income at Progressive Corp. increased 25% compared to the same period a year ago to nearly $3 billion. Progressive reports results monthly. Net income for December was up 22% to about $1.15 billion. Full-year net income …
California Seafood Distributor Paying $248K for Prop 65 Violations
A California seafood is paying $248,000 to resolve allegations it sold frozen seafood products with elevated levels of lead and cadmium without the required warnings. California Attorney General Rob Bonta’s office settled with Pacific American Fish Company Inc., a seafood …
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says
The Howden-driven talent war has cost Brown & Brown $23 million in revenue, according to J. Powell Brown, the broker’s president and chief executive officer. “As of today, approximately 275 of our former teammates have joined this start-up, taking with …
Mississippi, Deep South Shiver Under Ice as Long Recovery Looms
Residents in a iced-over swath of Mississippi began to confront the ugly truth Monday as they shivered in ever-colder and darkened houses: Recovery from the state’s worst ice storm in more than 30 years could take a week or more. …
FAA’s Failure to Act on Safety Risks Blamed for Midair Collision at Reagan Airport
The US Federal Aviation Administration’s failure to monitor and act on safety risks in the airspace near Washington was among a number of systemic failures safety officials blamed for last year’s midair collision. The National Transportation Safety Board has been …
Tokio Marine HCC Lists Top 10 Cyber Incidents in 2025
Among the top 10 cyber incidents in 2025 was the first documented case of an AI-orchestrated espionage campaign, which illustrated how artificial intelligence (AI) is being leveraged by sophisticated threat actors, according to Tokio Marine HCC International (TMHCCI), a member …
Lawsuits Filed by Victims of Spectacular German Bank Heist
The first lawsuits were filed on Wednesday by victims of a spectacular heist of a German bank in December when burglars used the quiet Christmas period to drill their way into its vault and make off with millions, a lawyer …
Hacking the Grid: How Digital Sabotage Turns Infrastructure Into a Weapon
The darkness that swept over the Venezuelan capital in the predawn hours of Jan. 3, 2026, signaled a profound shift in the nature of modern conflict: the convergence of physical and cyber warfare. While U.S. special operations forces carried out …
Businesses Pressured to Respond to ICE While Becoming a Target
From family-run cafes to retail giants, businesses are increasingly coming into the crosshairs of President Donald Trump’s mass deportation campaign, whether it’s public pressure for them to speak out against aggressive immigration enforcement or becoming the sites for such arrests …