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GEICO Settles Call-Center Worker Suits for $940,000; Attorneys Get Half
GEICO has agreed to pay more than $900,000 plus administrative costs to settle lawsuits from almost 1,500 call-center workers who said the insurer failed to pay overtime, including for time spent booting up computers and logging into a GEICO network. …
POSTED JANUARY 27, 2026 3:03 PM |
Dutch Court Rules Uber Drivers Can Be Treated as Self-Employed
A Dutch court on Tuesday overturned a 2021 ruling that had classified all Uber drivers as employees, stating that individual drivers can be treated as independent entrepreneurs. The Amsterdam court said six drivers who had joined the rideshare company in …
POSTED JANUARY 27, 2026 2:29 PM |
Do New Yorkers Pay Too Much for Auto Insurance?
New York households paid an estimated $1,935 on average for personal auto insurance in 2024, according to a report by the industry’s Insurance Information Institute (Triple I). This was an increase from $1,753 in 2023. Triple I further estimates that …
POSTED JANUARY 27, 2026 2:21 PM |
WalkherHughes Insurance Acquires Pair of Missouri Agencies
WalkerHughes Insurance announced it has acquired Inman Insurance Agency in Salem, Missouri, and Clark Insurance Agency in Ballwin, Missouri. The acquisitions expand WalkerHughes’ presence in Missouri, increasing market density across south-central communities and the St. Louis metropolitan area. Inman Insurance …
POSTED JANUARY 27, 2026 1:56 PM |
Why Power Outages Do More Economic Damage Than We Think
The day after a major winter storm swept across the US, hundreds of thousands of homes and businesses remained without electricity and the prospect of more outages loomed amid frigid temperatures. One early estimate suggested the storm could result in …
POSTED JANUARY 27, 2026 1:19 PM |
Updated: 6 Killed in Private Plane Crash at Maine Airport
Six people were killed in a single plane crash Sunday night at Bangor International Airport in Maine, according to local officials, correcting what appears to have been a report from the federal government that seven people died. A late Monday …
POSTED JANUARY 27, 2026 1:00 PM |
WR Berkely Turns in Record Underwriting Results for Q4, Year
Fourth quarter 2025 net income at W.R. Berkley Corp. decreased nearly 28% compared to the same period a year ago. Net income was about $449.5 million for Q4 2025 compared to net income of about $576.1 million a year ago …
POSTED JANUARY 27, 2026 12:58 PM |
European Nations Issue Warning to Russia-Linked Shadow Fleet
A group of 14 European nations have issued an open warning to shadow-fleet tankers in the Baltic and North Seas, raising the stakes for vessels they say are endangering maritime safety. Ships can only sail under the flag of one …
POSTED JANUARY 27, 2026 11:40 AM |
Markets/Coverages: Brit Launches Integrated Cyber, Financial institutions Consortium
Brit Group Holdings Ltd. announced the launch of “FI Cyber Max,” a new integrated cyber and financial institutions (FI) consortium. Built for large, complex financial clients, the new consortium will bring together Brit’s experienced cyber and FI underwriting teams to …
POSTED JANUARY 27, 2026 11:20 AM |
North Sea Wind Push Sees Industry Vow to Spend €9.5 Billion
The offshore wind industry has pledged to invest €9.5 billion ($11.3 billion) in its supply chain by 2030 to help expand capacity in the North Sea as European countries work to turn one of the most famous oil basins into …
POSTED JANUARY 27, 2026 10:38 AM |
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