National News

Chemical Linked to Cancer Found in Acne Creams Including Proactiv, Clearasil

Hand sanitizers were tainted by benzene. Sunscreens and dry shampoos too. Now acne treatments are joining the list of widely used consumer products found to contain high levels of the chemical linked to cancer. Acne products from brands including Proactiv, …

Giving Highlighted at Annual Philanthropic Roundtable

Leaders from 25 major insurance organizations recently gathered for presentations on charitable giving and volunteerism in the insurance industry and initiatives focused on philanthropy, inclusion and sustainability. During the Insurance Industry Charitable Foundation’s 2024 Philanthropic Roundtable, which took place on …

From Idalia to Otis: The Hurricanes That Shaped 2023 and What’s Next

We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap and 2024 Outlook briefing, to provide a range of perspectives from meteorology to market impact. We looked back at the …

SEC Scales Back New Pollution-Disclosure Rules for Companies

The Securities and Exchange Commission will force companies to disclose their greenhouse gas emissions for the first time, but watered down a key requirement after heavy lobbying from industry groups. After receiving thousands of comment letters and numerous litigation threats, …

Most Americans Want Legal Reforms Against Practices Like Litigation Funding: Survey

A majority of Americans are unaware of third-party litigation funding but most believe state and federal laws should be changed to address abuses in the legal system. According to the results of a recent survey of 2,000 people conducted by …

OpenAI Fires Back at Musk Allegations With Trove of Emails

OpenAI fired back at a lawsuit filed against it by Elon Musk in a blog post Tuesday, using the billionaire’s own emails to show he backed the company’s plans to become a for-profit business and that he insisted it raise …

Bayer Notches More Wins in Roundup Weedkiller Cancer Trials

Bayer on Tuesday said it won a trial in a lawsuit brought by a retired postal service worker in Pennsylvania who alleged he developed non-Hodgkins lymphoma from using the company’s Roundup weedkiller. In addition to the jury verdict in the …

US Trade Groups Sue Over Biden Rule on ‘Gig’ Work, Contracting

Major U.S. business groups on Tuesday filed the latest lawsuit challenging a Biden administration rule that would make it more difficult for companies to treat some workers as independent contractors rather than employees. The groups including the U.S. Chamber of …

People Moves: Lockton Re Taps Lewis From Zurich to Lead Cyber Practice in N. America; Sedgwick Names Liberty Mutual’s Fink as Chief Marketing Officer

Lockton Re Taps Lewis From Zurich to Lead Cyber Practice in North America Lockton Re, the reinsurance business of independent insurance broker Lockton, announced that Brian Lewis has joined as senior broker leading the Cyber Practice for North America and …

Markets/Coverages: Falvey Launches Commercial Output Insurance

Falvey Insurance Group announced the launch of Commercial Output insurance – coverage designed to cater to the diverse insurance needs of businesses in the manufacturing, institutional, industrial, and commercial sectors. Crafted by Falvey’s inland marine managing general agency (MGA), the …

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