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Federal Judge Decertifies Apple App Store Class Action
A federal judge decertified on Monday a class action by tens of millions of Apple customers who accused the company of monopolizing the market for iPhone apps by banning purchases outside its App Store, leading to higher prices. U.S. District …
POSTED OCTOBER 28, 2025 2:59 PM |
Brown & Brown Reports Strong Q3 Revenue Growth of 35.4%
Insurance broker Brown & Brown reported revenues of $1.6 billion during the third quarter – an increase of $420 million or 35.4% from Q3 2024. Commissions and fees rose by 34.2% with organic revenue increasing by 3.5%, a dip from …
POSTED OCTOBER 28, 2025 2:36 PM |
The Hartford Q3 Net Income Up 41%
Net income at The Hartford increased 41% to about $1.1 billion in the third quarter 2025. Q2 property/casualty written premiums increased 7% compared to Q3 2024, led by growth of 9% in the business insurance segment. Helped by lower catastrophe …
POSTED OCTOBER 28, 2025 2:06 PM |
Security First the Latest in Florida to Announce Home Insurance Rate Cut
Security First Insurance, ranked the 15th largest property insurer in Florida earlier this year, announced it has filed for an 8% average statewide rate decrease for thousands of homeowners policies, making it the latest carrier to follow through on expectations …
POSTED OCTOBER 28, 2025 2:02 PM |
J&J Talc Cancer Suits Rise 17% After Failed Settlement Push
Johnson & Johnson has seen a 17% jump in new lawsuits claiming its iconic baby powder causes cancer after the company’s latest attempt to force a global settlement was thrown out of bankruptcy court. J&J is facing approximately 73,570 suits …
POSTED OCTOBER 28, 2025 1:30 PM |
Virginia’s Lawsuit Against TikTok Gets Green Light to Proceed in State Court
Virginia’s lawsuit against TikTok and its China-based parent company ByteDance Ltd. will move forward in state court, despite TikTok’s efforts to have it dismissed. Richmond City Circuit Court Judge Richard B. Campbell ruled on October 24 that the case brought …
POSTED OCTOBER 28, 2025 1:23 PM |
Transportation Secretary May Pull $160M From California Over Noncitizen Truck Licenses
U.S. Transportation Secretary Sean Duffy warned that he is about make good on a threat to revoke millions in federal funds for California because he says the state is illegally issuing commercial driver’s licenses to noncitizens. In an appearance on …
POSTED OCTOBER 28, 2025 1:20 PM |
Truck Driver in Fatal Crash Repeatedly Failed Driving Tests, Florida AG’s Office Says
A commercial truck driver who is charged with killing three people in a deadly crash in Florida in August had failed a commercial driver’s license test 10 times in the span of two months in 2023 in Washington state, before …
POSTED OCTOBER 28, 2025 12:50 PM |
Wright Flood’s Buy of Poulton Associates to Create Largest Flood Insurance Provider
Wright National Flood Insurance Company said its affiliate, Wright National Flood Insurance Services, an operating company of Arrowhead Programs, has entered into an agreement to acquire the assets of Poulton Associates. Poulton, one of the top providers of private flood …
POSTED OCTOBER 28, 2025 12:13 PM |
Swedish PE Firm EQT Offers to Buy Australian Insurance Broker AUB in $3.4B Deal
Australia’s AUB Group said on Tuesday it had granted Swedish private equity EQT exclusive access to its books after receiving a takeover offer which values the insurance broking company at A$5.25 billion ($3.41 billion). Under the proposal, EQT is offering …
POSTED OCTOBER 28, 2025 10:44 AM |
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