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Viewpoint: State Socialism Meets Insurance
A free market with limited government intervention has long been a pillar of Republican economic orthodoxy. Today’s Republican party has deviated from its laissez-faire economic roots. It has instead embarked headlong on populist economic policies. Policy initiatives exemplifying its populist …
POSTED OCTOBER 02, 2026 5:44 AM |
FTC Probing OpenAI, Anthropic Over Product Safety Concerns
The Federal Trade Commission is scrutinizing OpenAI, Anthropic PBC and other artificial intelligence companies about the safety of their products amid high-profile cybersecurity incidents, according to a person familiar with the matter. The agency is preparing to send formal demands …
POSTED OCTOBER 02, 2026 5:25 AM |
CFTC Secures $30 Million Judgment Tied to Alleged Crypto Scam
A federal judge in Florida ordered two individuals to pay more than $30 million in restitution and penalties for allegedly defrauding more than 9,000 people in a scam involving crytocurrencies and precious metals, the US Commodity Futures Trading Commission said …
POSTED OCTOBER 02, 2026 5:11 AM |
AI Safety Measures Widely Backed by Most Americans, Poll Finds
A vast majority of Americans favor requiring artificial intelligence companies to meet independent safety benchmarks for their models, even if those standards mean slowing development of the technology, according to a new poll. Against a backdrop of growing global anxiety …
POSTED OCTOBER 02, 2026 5:06 AM |
People Moves: Mississippi Insurance Lawyer Nominated to Federal Appeals Court
President Donald Trump has nominated a longtime municipal insurance lawyer to serve as a judge on the U.S. 5th Circuit Court of Appeals. G. Todd Butler, managing partner at the Jackson office of the Phelps Dunbar law firm, has represented …
POSTED OCTOBER 02, 2026 5:02 AM |
Southern California Utilities Prep Shutoffs as Fire Risk Surges
Thousands of homes and businesses in Southern California have been warned of the potential for power cuts in the coming days as a heat wave boosts wildfire risk throughout the region. With triple-digit temperatures expected this weekend, Edison International’s Southern …
POSTED OCTOBER 02, 2026 5:00 AM |
Temporary Help Agency Owner Hid $6M in Payroll to Skirt Taxes, Workers’ Comp
A Lowell, Massachusetts man was sentenced in federal court in Boston for his involvement in payroll tax avoidance and workers’ compensation insurance fraud, according to U.S. Attorney Leah B. Foley. Henry Lam was sentenced to 13 months in prison, to …
POSTED OCTOBER 02, 2026 5:00 AM |
People Moves: Lawley Expands Team With 3 Insurance Advisors
Buffalo, New York-based insurance agency Lawley hired three new insurance advisors: Ricky Albano in New York, Nicolas DeLuca in New Jersey, and Marco Rumbin in Connecticut. Albano brings 20 years of industry experience as an insurance producer, account executive, and …
POSTED OCTOBER 02, 2026 5:00 AM |
Lyft to Pay $272.5 Million to Settle California Driver Misclassification Claims
Lyft will pay $272.5 million to settle allegations it misclassified California drivers as independent contractors. Of the settlement with the California Labor Commissioner’s Office, 87% will go directly to drivers. More than 1,600 drivers who filed wage claims through LCO’s …
POSTED OCTOBER 02, 2026 5:00 AM |
At Zeldin Visit, New Hampshire Republicans Celebrate End of Vehicle Inspections
As they passed legislation to end New Hampshire’s vehicle inspection program last year, state lawmakers made a gamble. Ending the inspections would mean ending annual emissions testing, violating New Hampshire’s decades-long approach to comply with the Clean Air Act. And …
POSTED OCTOBER 02, 2026 5:00 AM |
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