SEC Prepares to Reevaluate IPO Restrictions on Mandatory Shareholder Arbitration

The Securities and Exchange Commission (SEC) is set to consider a significant change on Wednesday that could let companies going public require shareholders to settle disputes through private arbitration instead of court cases. This move could reduce investors’ ability to sue companies in open courts. For years, the SEC has had an informal rule that … Read more

Texas Cities and Counties Brace for Budget Shortfalls

Fort Worth has reached a new milestone as the fourth city in Texas with a population exceeding 1 million. The city’s population surged by more than 100,000 people between 2019 and 2024, outpacing all other major Texas cities, including nearby Dallas. Despite this rapid growth, Fort Worth is grappling with a nearly $17 million budget … Read more

Banks Should Avoid Requesting Additional Insured Status

Christopher Boggs, a leading insurance consultant, is speaking out about a growing issue in the lending world. Banks are increasingly asking business loan borrowers to add the bank as an "additional insured" on their general liability insurance policies. Boggs firmly believes this demand is incorrect and unfair. This trend caught attention when insurance agents began … Read more

Illinois Man Confesses to Setting Fire at Gas Station

A man from Belleville, Illinois, has admitted to starting a fire inside a gas station bathroom in Lebanon. Carlos A. Rodriguez, 33, appeared in federal court where he pleaded guilty to a charge of arson involving property used in interstate commerce. His sentencing is set for January 7, 2026. The incident happened on the evening … Read more

Michigan Auto Parts Manufacturer Faces Discrimination Lawsuit

A Michigan auto parts manufacturer is facing a federal lawsuit after allegedly blocking an older, female worker with a disability from rejoining its apprenticeship program. The U.S. Equal Employment Opportunity Commission (EEOC) says Autokiniton, based in Plymouth, violated federal laws by treating the employee unfairly. The worker, who has more than 30 years of experience … Read more

Texas Withdraws Lawsuit Against Doctor Allegedly Providing Unauthorized Care to Transgender Youth

Nearly a year after Texas sued him, Dr. Hector Granados, a pediatric endocrinologist in El Paso, was cleared of any wrongdoing related to the state’s ban on gender-affirming care for transgender youth. The Texas Attorney General’s office dropped its lawsuit against Granados last week, saying a review of the evidence and his medical records found … Read more

World Acquires Dunway and Hoosier of Indiana

World Insurance Associates has expanded its reach in Indiana by acquiring two local insurance agencies. On June 1, 2025, the company took over Dunaway Insurance Agency in New Palestine and Hoosier Insurance Agency in Bloomfield. The financial details of the deals were not made public. Dunaway Insurance has a long history dating back to 1979. … Read more