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US Appeals Court Hits Pause on Challenges to SEC Climate Rule

by lpiccitto | Sep 15, 2025 | Uncategorized

A federal appeals court on Friday said it was pausing its consideration of legal challenges against the U.S. Securities and Exchange Commission’s climate regulations until the Wall Street regulator decides whether it plans either to change them or to defend...

Boeing Faces $3.1 Million in Fines for Safety Violations

by lpiccitto | Sep 15, 2025 | Uncategorized

The Federal Aviation Administration said it would fine Boeing Co. $3.1 million for a series of safety violations that it uncovered over a space of several months between late 2023 and early last year. The violations included interference with safety …

Texas Cabinet Supplier to Pay $12M Settlement Over False Claims Act Violations

by lpiccitto | Sep 12, 2025 | Uncategorized

Allied Stone Inc., a Dallas, Texas-based supplier of countertop and cabinetry products, and its President, Jia “Jerry” Lim, have agreed to pay a total of $12.4 million to resolve allegations that they violated the False Claims Act by knowingly and …

California AG’s Brief Urges Court to Side With Employee in Discrimination Suit

by lpiccitto | Sep 12, 2025 | Uncategorized

California Attorney General Rob Bonta filed an amicus brief in the U.S. Court of Appeals for the Fourth Circuit in support urging the court to affirm an employee’s right to sue Liberty University for sex-based discrimination. The brief, filed as …

Texas Insurer New Century Placed in Receivership and Liquidation

by lpiccitto | Sep 12, 2025 | Uncategorized

New Century Insurance Company, a property and casualty insurer licensed only in Texas, was placed in receivership receivership and ordered into liquidation by the Travis County District Court in Austin on Sept. 3, according to the Texas Department of Insurance....

Fitch Ratings: U.S. E&S Growth Slows but Remains Strong

by lpiccitto | Sep 12, 2025 | Uncategorized

Direct written premiums saw double-digit growth for the seventh straight year for U.S. excess and surplus (E&S) insurers, according to Fitch Ratings’ latest annual property/casualty market review. Per a Fitch press release, U.S. E&S direct written premiums...
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