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Alabama, NC Set Hearings on Proposed Capital Requirements, Dwelling Rate Increase
Regulators in two Southeastern states will hold hearings early next year, one on a proposed steep dwelling insurance rate increase in North Carolina, and another on new capital requirements for insurers in Alabama. The Alabama Department of Insurance scheduled a …
POSTED DECEMBER 23, 2025 3:43 PM |
People Moves: CRC Adds Duff, Gallien, Jr. to Specialty Team
CRC Group, an independent wholesale specialty insurance distributor, announced additions to its expanding CRC Specialty division. Matthew Duff has joined in Little Rock as an underwriting team leader, bringing over a decade of experience in homeowners, personal lines, and excess …
POSTED DECEMBER 23, 2025 3:35 PM |
Michigan Regulators Approve State’s First Hyperscale Data Center
Despite criticism that they were acting too fast, state utility regulators last week approved DTE Energy’s proposal to supply power for Michigan’s first hyperscale data center — while tacking on a host of conditions that aim to protect ratepayers from …
POSTED DECEMBER 23, 2025 3:28 PM |
China’s Kuaishou Shares Fall to Near Five-Week Low After Livestreaming Cyberattack
Shares of Kuaishou dropped by as much as 6% on Tuesday to HK$62.70 ($8.06), their lowest since November 21, after the Chinese short video platform was hit by a cyberattack on Monday night. The stock is set for its biggest …
POSTED DECEMBER 23, 2025 1:35 PM |
J&J Vows Appeal After Jury Hits it With $1.5B Talc Cancer Award
A Baltimore jury ordered Johnson & Johnson and its subsidiaries to pay over $1.5 billion to a woman who claimed decades of exposure to asbestos in the company’s talc-based products caused her peritoneal mesothelioma, a form of cancer. Jurors in …
POSTED DECEMBER 23, 2025 12:03 PM |
South Korea Online Retailer Coupang Faces US Securities Class Action Over Data Breach
South Korean e-commerce company Coupang has been sued in a U.S. court in an investor class action alleging violations of securities laws after a cybersecurity breach exposed personal information of more than 33 million customers. The lawsuit, filed last week …
POSTED DECEMBER 23, 2025 11:51 AM |
Britain’s Top CEOs Predict the Biggest Challenges of 2026
The bosses of some of Britain’s biggest companies predict a fresh wave of challenges next year, as they absorb the impact Chancellor of the Exchequer Rachel Reeves’ tax-raising budget in November. Chief executive officers in sectors including finance, housing, gambling …
POSTED DECEMBER 23, 2025 11:29 AM |
Cyberattack Hits French Postal Service, Delaying Mail Deliveries
A suspected cyberattack disrupted services provided by French postal service La Poste on Monday, delaying package deliveries and online payment systems during the holiday season. The company said in a statement that a “major network incident” had disrupted its information …
POSTED DECEMBER 23, 2025 10:55 AM |
Instacart to Pay $60 Million in FTC Consumer Protection Case
Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said. The consumer protection agency said the company that operates Instacart, Maplebear Inc., …
POSTED DECEMBER 23, 2025 6:57 AM |
Check it Twice: Holiday Cargo Theft Events Up 82% Since 2020
Keep an eye on that sleigh, Santa—holiday cargo theft events increased 82% between 2020 and 2024. “The holiday period creates conditions criminals exploit—reduced oversight, facility closures, and high-value freight moving on compressed schedules,” said Keith Lewis, vice president of operations …
POSTED DECEMBER 23, 2025 6:32 AM |
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