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Tag: insurance-journal

Live Nation Loses Bid for Full Dismissal of Antitrust Suit
Insurance Journal | February 20, 2026
Live Nation Loses Bid for Full Dismissal of Antitrust Suit
Live Nation Entertainment Inc. must face an antitrust trial on some claims brought by the US Justice Department and various states for allegedly monopolizing the live events market, after a federal judge rejected the company’s request to dismiss a case …
BioNTech Sues Moderna for Patent Infringement Over COVID Shots
Insurance Journal | February 20, 2026
BioNTech Sues Moderna for Patent Infringement Over COVID Shots
German biopharmaceutical company BioNTech sued Moderna in Delaware federal court on Thursday, alleging that Moderna’s COVID-19 vaccine mNEXSPIKE infringes a patent related to BioNTech and Pfizer’s competing shot Comirnaty. The lawsuit said that mNEXSPIKE, Moderna’s next-generation COVID shot approved by …
People Moves: Higginbotham Hires Ritter as Medical Director for Employee Benefits
Insurance Journal | February 20, 2026
People Moves: Higginbotham Hires Ritter as Medical Director for Employee Benefits
Higginbotham has hired Samuel Isaac Ritter, M.D., as medical director for employee benefits, adding a client-facing physician resource within its self-funded advisory work. As more employers move into self-funded plans, the questions landing on brokers are increasingly clinical: complex, high-cost …
More Snow Coming to California After Deadly Avalanche
Insurance Journal | February 19, 2026
More Snow Coming to California After Deadly Avalanche
A blast of mountain snow and flooding rain is falling over California, the last of a string of storms that brought much-needed moisture to the state yet triggered a deadly avalanche in the Sierras. Winter storm warnings stretch from the …
LA Fire Victims Suing City Utility for Billions Win Major Ruling
Insurance Journal | February 19, 2026
LA Fire Victims Suing City Utility for Billions Win Major Ruling
The water and power utility that serves the city of Los Angeles must face hundreds of lawsuits faulting its response to the massive 2025 wildfire that leveled one of the city’s premier seaside neighborhoods and caused tens of billions of …
Marsh Risk Launches Excess Casualty Facility for US Digital Infrastructure
Insurance Journal | February 19, 2026
Marsh Risk Launches Excess Casualty Facility for US Digital Infrastructure
Marsh Risk, a business of broker Marsh, announced the launch of Nimbus Casualty, a new insurance facility providing clients with excess general liability protection during the construction phase of US-based digital infrastructure projects. The facility offers up to $75 million …
Pritzker to Halt Data Center Tax Perks as Power Bills Soar
Insurance Journal | February 19, 2026
Pritzker to Halt Data Center Tax Perks as Power Bills Soar
Illinois Governor JB Pritzker is seeking to temporarily halt incentives for data centers in a bid to contain soaring power bills. Pritzker, a Democrat seeking his third term as governor, wants to implement a two-year moratorium on new state-issued tax …
AIG Underwriting Income Up 48% in Q4 on North America Commercial
Insurance Journal | February 10, 2026
AIG Underwriting Income Up 48% in Q4 on North America Commercial
Fourth quarter 2025 underwriting income in American International Group’s (AIG) General Insurance segment increased 48% compared with the prior year, to $670 million. The unit, which includes North America commercial, International commercial, and global personal—recorded $125 million in catastrophe-related charges …
EPA Identifies Spilled Chemical Compound That Affected 260 Cars in Kansas
Insurance Journal | February 10, 2026
EPA Identifies Spilled Chemical Compound That Affected 260 Cars in Kansas
The EPA has identified the chemical compound spilled in Garnett, Kansas, on Dec. 31, 2025. Recent laboratory analysis corroborates EPA’s preliminary field screening results with a “high level of confidence” that the corrosive substance was sodium aluminate, the agency said. …
Rejection of Texas Law Blacklisting ‘Woke’ Firms Could Challenge Other Anti-ESG Laws
Insurance Journal | February 10, 2026
Rejection of Texas Law Blacklisting ‘Woke’ Firms Could Challenge Other Anti-ESG Laws
A Texas judge’s move to strike down a state law blacklisting “woke” financial firms, including BlackRock and HSBC, that used environmental, social or governance factors in investment decisions will likely drive a broader push to repeal so-called “anti-ESG” laws in …