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Hershey won the dismissal of a lawsuit claiming it let down consumers because its Halloween-themed Reese’s pumpkins lacked the decorative carved designs shown on the packaging. U.S. District Judge Melissa Damian in Miami said the two Florida residents leading the proposed class action lacked legal standing to claim they overpaid upon discovering that their peanut butter-and-chocolate pumpkins were faceless. The plaintiffs, Nathan Vidal and Eduardo Granados, said they bought their Reese’s candy for the “novelty” value of its “cool and beautiful carved-out designs,” including for eyes and mouths. “Accepting plaintiffs’ allegations as true, it is clear that their only injury…

The Atlantic has been pretty quiet so far this season, but one system east of Bermuda could soon develop into a tropical storm, the National Hurricane Center said Thursday. If the storm were to develop into a Category 5 hurricane that strikes heavily populated cities like Miami or Tampa Bay, the insured losses could top $300 billion—more than any previous insured-loss event, Swiss Re said in a report released this week. The Zurich-based reinsurer pointed out that one of the most damaging storms to hit Florida came a century ago, in 1926, and became known as the Great Miami Hurricane.…

EPIC Insurance Brokers & Consultants has acquired Korotkin Insurance Group, a fifth-generation independent brokerage with over a century of operational history in Michigan. KIG brings a strong regional presence and specialized expertise across multiple industries and client segments to EPIC’s growing national platform. Grand Rapids based-KIG will serve as a key anchor for the firm’s continued growth in Michigan and the broader region. KIG has established practices serving clients across for-hire transportation, family entertainment centers, real estate and fitness franchises, as well as private client and small business adding further depth to EPIC’s specialty-focused business model. Topics Mergers & Acquisitions…

Zillow Group Inc. lost its bid to force Illinois’ largest provider of real estate listings to provide access to its data about homes for sale. US District Judge John Tharp Jr. in Chicago dissolved a previous order that required Midwest Real Estate Data, the multiple listings service for the Chicagoland area, to temporarily maintain Zillow’s access to listings. Tharp ordered Zillow to engage in arbitration over its listings contract with MRED. The ruling is a key win for Compass Inc., the largest US residential brokerage and a major source of listings to MRED. Zillow had sought to exclude Compass listings…

Federal legislation to extend the Terrorism Risk Insurance Act will head to the full Senate after unanimously getting a nod from the Senate Banking Committee. The committee on Sept. 17 voted 24-0 to advance S. 4395, the Terrorism Risk Insurance Program Reauthorization Act of 2026. The U.S. House of Representatives in June overwhelmingly passed legislation to extend the public-private partnership started when insurance for terrorism risk disappeared following 9/11. “Extending TRIA is critical because terrorism poses uniquely unpredictable risk. We don’t know where or when terrorists will strike, and unlike natural disasters, terrorists can and will adapt to counter any…

ExxonMobil Holdings Corp. won approval for its Rose carbon-capture project in Texas, allowing the company to move ahead with the emission-reducing development that could be among the biggest of its kind. The Railroad Commission of Texas, the state’s primary oil and natural gas regulator, approved a permit to inject carbon dioxide underground with two commissioners voting in support and one against, according to a statement release by dissenting member Wayne Christian. The permit allows ExxonMobil to inject as much as 53 million tons of carbon dioxide over a 13-year period from industrial emitters along the Gulf Coast into rock strata…

Alliant Insurance Services has hired Jennifer Bryant as senior vice president within its employee benefits group, based in Dallas, Texas. Bryant will work with employers to develop strategic health and welfare solutions while building long-term relationships and connecting clients with the resources needed to address evolving benefits challenges. Bryson brings more than 20 years of experience in employee benefits, health and welfare consulting, business development, and client relationship management. Her background includes employee benefits strategy, large-employer health and welfare programs, retiree health, and complex benefits consulting. Topics Texas Alliant Employee Benefits Was this article valuable? Yes No Here are more…

Morgan & Morgan, which has called itself the largest U.S. injury law firm with offices in all states, plans to spend $1 billion on artificial intelligence and other legal technology over the next decade. It already has spent $300 million developing its AI system, known as MX2, and plans to market it to other law firms. Insurance defense lawyers said they’ve already seen some type of AI at work by Morgan & Morgan lawyers in the courtroom, and it’s impressive—if not always effective in winning cases. Others said that defense firms also are employing technology to scour vast amounts of…

Beazley Confirms Affirmative AI Cyber Cover Beazley on Sept. 17 confirmed affirmative artificial intelligence cover in its cyber and tech E&O policies. As businesses adopt AI and cyber criminals increasingly use it to magnify the scale and speed of their attacks, Beazley’s affirmative AI wording delivers certainty and clarity for clients by expressly addressing AI-related risks already covered within existing cyber cover. Alessandro Lezzi, Group Head of Cyber Risks at Beazley, said: “This endorsement makes it clear to our clients that in the event of a cyber attack, AI-driven or otherwise, they are protected. There is widespread uncertainty about the…

Jon Hancock, CEO of General Insurance at American International Group (AIG), will retire at the end of the year. The announcement is the newest change for AIG’s C-suite, which experienced a shake-up leading to Hancock’s latest role with the company. He was named CEO of General Insurance, which includes the North America and international commercial insurance businesses and AIG’s global personal insurance book, in November 2025 once former Lloyd’s of London CEO John Neal reached a “mutual agreement” agreement with AIG not to lead General Insurance before he was slated to start. Related: Former Lloyd’s CEO Neal Will Not Join…