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A proposed settlement between Elon Musk and the Securities and Exchange Commission to end the agency’s Twitter Inc. stake lawsuit came after almost a year of negotiations, attorneys for the agency said Monday after a judge raised concerns about the …

The Fortegra Group said its acquisition by South Korea’s DB Insurance Co. has been completed. Jacksonville, Florida-based Fortegra will operate independently and keep its existing leadership team as well as distribution relationships. “Agents, distribution partners, and customers will continue to …

Brokerage Acrisure has filed a federal lawsuit, accusing a former employee of using employees and intellectual property to peel away at least 50 clients to a company he started—named after one Acrisure acquired in 2016. The Grand Rapids, Michigan-based global …

More than 97,000 Connecticut residents will receive letters in the mail starting this week informing them that some or all of their medical debt has been erased. Governor Ned Lamont’s administration launched the program in partnership with the national nonprofit …

Buckner is opening its eighth office location, this one in St. George, Utah. Jameson Carr will help lead Buckner’s expansion efforts in Southern Utah. Salt Lake City-based Buckner is a regional brokerage with more than $50 million in reported annual …

Seven U.S. states led by New York sued the Trump administration on Tuesday for canceling a major offshore wind lease off the coast of New York in exchange for a pledge by its owner to invest instead in fossil fuel …

Sentry Insurance will take over as the sponsor of the PGA Tour event at Torrey Pines Golf Course in San Diego, Calif. The tournament, which will be named The Sentry, will take place Jan. 27-30, 2027. The iconic Torrey Pines …

WTW Buys Redefind to Boost Access to Crypto, Digital Asset Insurance Insurance broker WTW announced it has acquisition of Redefind, an end-to-end web-based platform, designed to facilitate access to insurance products for crypto and digital assets. WTW said this investment …

Holmes Murphy announced that Chaz Cointment has joined the brokerage as a Sr. Client Executive, Surety. In this role, Cointment will be responsible for the development and management of client surety programs. His key focus will be to enhance and …

ANV, a global insurance intermediary platform, has successfully completed the acquisition of Specialty Comp Insurance Solutions from Specialty Program Group, a subsidiary of Hub International. SCIS is a Texas-based managing general agent specializing in tough-to-place monoline workers’ compensation insurance. The …

HUB announced the appointment of Kyle Bloemers as national chief cross-sell officer. The newly created role is part of HUB’s broader strategy to help deliver greater value to clients, drive new business generation and accelerate organic growth. Bloemers will spearhead …

After more than two years of company-building and fundraising, Tampa-based Sypher Insurance Exchange has won its certificate of authority and a financial rating. The stamps of approval mark Sypher’s official entry into the market as the first property insurer with …

Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company’s Ring doorbell cameras at friends and family members’ homes collected and stored images of his face using facial recognition software. The …

A worker who suffered serious injuries in 2017 after a 1,300-pound load of lighting fixtures fell onto him has lost the $41.9 million he was awarded by a jury in October 2022. The Connecticut Appellate Court this week overturned the …

Anthropic PBC is allowing 150 additional organizations around the world to access Mythos, an artificial intelligence model aimed at finding cybersecurity vulnerabilities that the company has said was too dangerous to make available to the general public. Anthropic plans to …

This edition of International People Moves details appointments at Markel International and Gallagher Re. A summary of these new hires follows here. Markel Int’l Promotes McCarthy as MD of Marine, Energy and Construction Division in London Markel Insurance, the insurance …

The state of Florida sued OpenAI and Chief Executive Officer Sam Altman, accusing the artificial intelligence company of ignoring safety warnings and releasing its ChatGPT product while knowing it was harmful to users. The lawsuit, filed Monday in state court, …

A Kentucky school district secured roughly $27 million in settlements from Meta Platforms and other social media companies over claims they fueled a student mental‑health crisis, according to records seen by Reuters on Friday. Meta agreed to pay the most …

AXIS Capital Holdings Limited, headquartered in Pembroke, Bermuda, appointed Austin Su as head of alternative risk, North America. Su will lead the development and execution of AXIS’s alternative risk and structured casualty strategy, focusing on building and scaling the company’s …

California Attorney General Rob Bonta filed a lawsuit against the DNA company formerly known as 23andMe for failing to protect consumer data. Bonta sued Chrome Holding Co., formerly known as 23andMe, for failing to protect its customers’ personal information and …