Judge Prolongs Ban on Alliant Employees Approaching Customers of Marsh Agency

A federal judge in Manhattan has recently extended a preliminary injunction that prohibits three employees of Alliant Insurance Services from contacting or soliciting current clients of Marsh & McLennan Agency (MMA). This legal decision comes in response to allegations that these employees took confidential client information when they abruptly resigned from MMA. Legal Context of … Read more

Oklahoma Takes Action to Halt Operations of Unlicensed Auto Warranty Firm

Oklahoma Insurance Department Takes Action Against Unauthorized Auto Warranty Sales The Oklahoma Insurance Department (OID) has recently issued a significant Cease-and-Desist Order against Select Auto Inc., which operates under the name Select Auto Protect. This action comes in response to allegations of the unauthorized sale of auto warranty contracts within the state. Effective immediately, Select … Read more

American Airlines Plane Collision Results in No Survivors Expected

Tragic Collision Near Ronald Reagan Airport: A Comprehensive Overview In a devastating incident that has shocked the aviation community, an American Airlines regional jet collided with a military helicopter near Ronald Reagan Washington National Airport on January 29, 2025. This tragic event has resulted in no survivors from either aircraft, marking one of the deadliest … Read more

Fortress Aims for $1 Billion in Its New Litigation Finance Fund

Fortress Investment Group’s Bold Move into Litigation Finance: Fortress Legal Assets Fund II Fortress Investment Group is making headlines as it seeks to raise approximately $1 billion for its new litigation finance fund, known as Fortress Legal Assets Fund II. This ambitious initiative marks a significant expansion in a sector where Fortress has already established … Read more

A law firm claims that exposed utility wires may have played a role in the Eaton Fire in Los Angeles.

Eaton Fire Investigation: New Evidence Emerges Against Southern California Edison The Eaton Fire, which erupted on January 7, 2025, in Los Angeles, has become a focal point of legal scrutiny as new evidence surfaces. A law firm representing victims of the fire has recently submitted compelling photographs in a legal filing that reportedly show exposed … Read more

Selective Insurance Reports Decline in Net Income Due to Adverse Casualty Reserve Developments

Selective Insurance Group Reports Significant Decline in Q4 2024 Earnings Selective Insurance Group, a prominent player in the insurance industry, has revealed a noteworthy 24% decrease in its net income for the fourth quarter of 2024. This downturn has raised concerns within the company, as CEO John J. Marchioni acknowledged that the year “did not … Read more

Alphabet’s Waymo to Pilot Autonomous Driving Technology in Additional Cities

Waymo Expands Autonomous Vehicle Testing to Over Ten New Cities in 2025 Waymo, Alphabet’s pioneering self-driving unit, has announced an ambitious plan to expand its autonomous driving technology testing to more than ten new cities in 2025. This significant move comes after successful trials in various locations, showcasing the adaptability and reliability of the Waymo … Read more

Insurance Payouts Reach $4 Billion and Continue to Rise for LA Wildfires

Understanding the Impact of Recent Los Angeles Wildfires on Insurance Claims The recent wildfires in the Los Angeles area have wreaked havoc, leading to significant destruction and a staggering financial toll. Preliminary reports indicate that insurance companies have paid out over $4 billion in claims related to the devastating Palisades and Eaton fires, which occurred … Read more

FAA Releases Urgent Advisory for General Aviation Pilots Ahead of New Orleans Super Bowl

Essential Guidance for Pilots During Super Bowl LIX in New Orleans As Super Bowl LIX approaches, general aviation pilots flying in and around New Orleans must prepare for specific regulations and restrictions that will be in place from February 6 to February 11, 2025. The Federal Aviation Administration (FAA) has issued crucial guidance to ensure … Read more

Tech News: Aventum Allocates $12 Million to Develop Proprietary Technology Solutions

Aventum’s $12 Million Investment in In-House Technology: A Game Changer for the Insurance Industry Aventum, a prominent London-based international re/insurance group, is making headlines with its ambitious $12 million investment over the next two years aimed at establishing an in-house proprietary technology function. This strategic move reflects the company’s commitment to enhancing operational efficiency and … Read more