Full content: Business groups led by the US Chamber of Commerce sued the Federal Trade Commission Wednesday seeking to block a rule finalized this week that would outlaw non-compete provisions that prohibit workers from switching jobs within an industry. In a complaint …

Full content: District of Columbia Attorney General Brian L. Schwalb last week announced a resolution of his office’s lawsuit against the National Rifle Association (NRA) and the NRA Foundation that alleges misuse of nonprofit funds and other violations of the District’s Nonprofit …

Full content: New Hampshire is getting a $20 million federal grant to help reconstruct coastal seawalls eroded by storms and flooding and received a disaster aid declaration to recuperate costs from a storm in January, officials said Monday. The grant, announced by …

Full content: Firms operating in the UK are being advised to go through any products and services around which some sort of sustainability claim has been made, to ensure they’re not in the crosshairs of a regulatory crackdown that’s due to take …

Full content: ICEYE, the microsatellite manufacturer and catastrophe monitoring company, announced definitive agreement signed for an oversubscribed $93 million growth funding round. The financing will further accelerate investment in the world’s largest constellation of synthetic aperture radar (SAR) satellites and expand the …

Full content: Ping An Insurance’s first-quarter net profit fell 4.3%, hit by shrinking returns from property and casualty insurance as well as its asset management operations, the Chinese insurance giant reported on Tuesday. Turbulence in China’s stock market, declining interest rates and …

Full content: Standard Chartered Plc is facing about £1.5 billion ($1.9 billion) worth of investor claims at a London trial over allegations it systematically breached Iranian sanctions to win new business. A London judge ruled on Friday [April 19] that the trial, …

Full content: Generative artificial intelligence (AI) has sparked a lot of interest from insurers and reinsurers because of its potential to revolutionize innovation, cut costs and improve the customer experience. Generative AI (or “Gen AI”) is the term used for technology that …

Full content: Omaha National Group Inc. acquired Sutter Insurance Co., a California domiciled carrier. Sutter Insurance has been renamed Omaha National Casualty Co. Omaha National also owns Omaha National Insurance Co., which is domiciled in Nebraska. Omaha National, now licensed to issue …

Full content: Amy Chadwick spent years scrimping and saving as a single mother of two to buy a house in the town of Lahaina on the Hawaiian island of Maui. But after a devastating fire leveled Lahaina in August and reduced Chadwick’s …

Full content: Iowa will lower the amount of reinsurance tax due from some captive companies under a bill signed by Governor Kim Reynolds last week. HF 2636 lowers the tax on premiums written above $60 million to 0.02 percent, down from 5 …

Full content: A Michigan doctor was bound over last week in the 48th District Court in Bloomfield Hills on charges stemming from an allegedly fraudulent disability insurance claim and subsequent years of receiving fraudulent payments, Michigan Attorney General Dana Nesse announced. She …

Full content: This edition of International People Moves details appointments at Arch Insurance International and the MGA Carbon Underwriting. A summary of these new hires follow here. Arch Insurance International Promotes Valder to Deputy CEO Arch Insurance International has announced the appointment …

Full content: Pregnant employees have the right to a wide range of accommodations under new federal regulations for enforcing the Pregnant Workers Fairness Act that supporters say could change workplace culture for millions of people. The Equal Employment Opportunity Commission, the agency …