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MEMIC Group to Pay $19 Million Dividend to Its Maine Policyholders

by lpiccitto | Oct 9, 2025 | Uncategorized

Workers’ compensation specialist The MEMIC Group announced a $19 million dividend for more than 17,000 Maine policyholders. This annual dividend is based on the insurer’s financial performance, claims experience, and its insureds’ safer workplaces during the 2022...

Texas AG Threatens Action Against Chinese Company for Potential Data Privacy Violations

by lpiccitto | Oct 9, 2025 | Uncategorized

Texas Attorney General Ken Paxton announced he has opened an investigation against TP-Link Systems Inc. (“TP Link”), a manufacturer of networking equipment, for potentially aiding the Chinese government in accessing consumers’ data. The investigation will examine...

SC Law Enforcement Says No Arson Evidence in Fire That Destroyed Judge’s Home

by lpiccitto | Oct 8, 2025 | Uncategorized

State agents have so far found no evidence that a fire that destroyed a judge’s home on a South Carolina island was intentionally set, the state’s top law enforcement official said Monday. The Saturday blaze nearly burned to the ground …

OpenAI, Anthropic Eye Using Investor Funds to Settle AI Copyright Lawsuits, FT Reports

by lpiccitto | Oct 8, 2025 | Uncategorized

OpenAI and Anthropic are exploring the use of investor funds to settle potential multibillion-dollar lawsuits, the Financial Times reported on Wednesday. Copyright owners have launched a series of high-stakes lawsuits against tech firms, including OpenAI, Microsoft,...

Cost of Citadel’s Planned Miami Tower Surges to $2.5 Billion

by lpiccitto | Oct 8, 2025 | Uncategorized

Citadel’s planned office tower in Miami’s Brickell neighborhood — long expected to cost more than $1 billion — will probably be closer to $2.5 billion with construction likely to begin mid-to-late next year, founder and Chief Executive Officer Ken Griffin...

Amwins Adds Credit Insurance With Purchase of Miami-based ARC MGA

by lpiccitto | Oct 8, 2025 | Uncategorized

Amwins, the specialty insurance broker headquartered in Charlotte, said it has acquired Applied Risk Capital, a Miami-based managing general agent specializing in credit insurance for the leveraged financial market. ARC was founded in 2019 and provides credit...
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