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December 1, 2025US E&S Outlook No Longer Positive: AM Best
AM Best is revised its market segment outlook on the U.S. excess and surplus lines segment to stable from positive, the rating agency announced in mid-November. The change comes as rates soften and premium growth moderates. “Although favorable market …
December 1, 2025Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge
A federal judge dealt a setback to customers suing Burger King over advertising for its Whopper sandwiches, saying their claims were too disparate to justify certifying a nationwide class action. The lawsuit by 19 customers in 13 U.S. states accused …
December 1, 2025Deadly Bear Attacks in Japan Prompt New Products From Insurers
Hardly a day goes by in Japan without news of another bear attack, but a problem that’s worrying local residents, tourists and farmers and hampering leisure-related businesses is presenting an opportunity for insurers. Tokio Marine & Nichido Fire …
December 1, 2025Why Reciprocal Insurance Exchanges Are Back in Fashion
Reciprocal insurance exchanges have been increasingly popular in recent years, with third-party investor interest in the fee-for-service businesses that manage RIEs and waning property insurance capacity in catastrophe-prone regions supporting the re …
December 1, 2025DOJ Investigating SeaWorld, Busch Gardens Firm After Ban on Some Wheeled Walkers
The Trump Administration’s Department of Justice, not known for its support of minorities and disabled people, announced it is investigating the company that runs SeaWorld Orlando and Busch Gardens Tampa Bay for potential violations of the Americans …
December 1, 2025Product Liability Verdicts Are on The Rise But There Are Ways to Avoid Them
Nuclear verdicts in product liability suits are on the rise. But manufacturers and their insurance companies can take multiple steps to prevent and defend against large jury verdicts, insurance and legal experts said at a recent webinar hosted by Tra …
December 1, 2025Washington Workers’ Comp Average Premium Going up 4.9% in 2026
The average cost of workers’ compensation insurance in Washington is set to rise 4.9% for 2026. The Washington State Department of Labor & Industries announced that employers and workers will pay on average $1.37 a week more for each full-time … …
December 1, 2025California Labor Commissioner Cites Janitorial Companies, OptumCare $468K
The California Labor Commissioner’s Office has cited several janitorial companies, their owners, and OptumCare Management LLC $468,204 for wage theft violations that reportedly impacted more than 90 janitors who cleaned manufacturing, laboratory, and …
December 1, 2025Litigation Finance Hits a Wall After Bets on Huge Gains Falter
Litigation finance is having a bad year. After predicting huge growth as recently as January 2024, the industry is now finding that hedge funds and other sources of capital are pulling back. The situation has led some litigation finance firms …
December 1, 2025State Audit Finds Delays and Gaps in Vermont’s Food and Lodging Inspections
The Office of the State Auditor found significant shortcomings with how the Vermont Department of Health reviews complaints related to food and lodging establishments, according to a recent report. The report is the first audit of four planned for th …
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