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March 2, 2026Median Securities Class Action Settlement Hits 29-Year High
Despite fewer securities class action settlements, the median settlement amount reached its highest level in nearly three decades last year, according to Cornerstone Research. The median settlement was $17.3 million in 2025—marking a 20% increase fro …


March 2, 2026FedEx Customers Sue Company for Tariff Refunds After US Supreme Court Ruling
FedEx was sued in federal court on Friday on behalf of customers seeking refunds from the global shipping company after the U.S. Supreme Court ruled this month that President Donald Trump unlawfully imposed billions of dollars in emergency tariffs on …


March 2, 2026Baldwin Posts Fourth Quarter Loss; Carlisle Takes Over Underwriting Group
Tampa-based Baldwin Insurance Group, Inc. (BWIN) reported a loss of $25.9 million in its fourth quarter, the second quarter for significant red ink. On a per-share basis, the Tampa, Florida-based company said it had a loss of 37 cents. Earnings, …


March 2, 2026Delaware High Court Upholds Elon Musk-Led Overhaul of State’s Business Law
The Delaware Supreme Court upheld the constitutionality of an overhaul of state law that governs most major US corporations and was fueled by Elon Musk, handing a win to company founders, insiders and private equity owners who sought less restrictive …


March 2, 2026Federal Judge Allows Suit Against California AG Over ExxonMobil Remarks
A federal judge in Texas has ruled that ExxonMobil can bring a defamation lawsuit against California’s attorney general over comments about the company’s plastic recycling efforts. U.S. District Judge Michael J. Truncale in the Eastern District of Te …


March 2, 2026Bird Flu Devastates 7.4 Million Pennsylvania Chickens in a Month
Bird flu has wiped out 7.4 million chickens in Pennsylvania in the past month, a swift and devastating loss that veterinarians and industry members suspect may be linked to an unusually cold winter. Infections of flocks raised to produce eggs …


March 2, 2026Aspire Acquiring PolicyOne in California
Aspire today announced it has acquired California-based PolicyOne from One Inc. As part of the transaction, 21 PolicyOne employees are joining Aspire. Aspire plans to continue its long-standing relationship with One Inc. through the use of their Prem …


March 2, 2026Berkshire Hathaway’s Abel Vows Firm Will Thrive Beyond Buffett
Berkshire Hathaway Inc. Chief Executive Officer Greg Abel vowed to keep Warren Buffett’s guiding principles intact and sought to reassure investors that the company would outlast the legendary executive. Abel began his inaugural letter to shareholder …


February 27, 2026UK Appoints Barclays Executive as Top Bank of England Regulator
Britain’s government on Friday appointed a former regulator and current Barclays BARC.L executive, Katharine Braddick, as the Bank of England’s next deputy governor for prudential regulation to try to boost sluggish economic growth. Last year, financ …


February 27, 2026State Farm to Issue $136M in Dividends to Louisiana Drivers
State Farm will issue dividends to Louisiana drivers totaling $136 million following stronger than expected underwriting performances nationally. State Farm, which writes approximately 30% of the personal auto insurance market in Louisiana, will send …

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