A sweeping bill has been introduced in Wisconsin that would expand workers' compensation benefits and coverage. The bill would raise the weekly compensation rate for permanent partial disability, broaden exceptions for statutes of limitations on traumatic injuries and align PTSD claims for emergency responders with those of police officers and firefighters.

US Bankruptcy Judge Sean Lane said he will approve a settlement with OxyContin-maker Purdue Pharma in which members of the Sackler family will pay as much as $7 billion to resolve claims stemming from the opioid crisis, with the Sacklers relinquishing ownership of Purdue. The settlement supplants a prior version that the US Supreme Court struck down, ruling that Sackler family members would be improperly shielded from future opioid-related litigation.

The $100 million jewelry heist at the Louvre Museum in Paris has highlighted the risks of self-insuring valuable assets. The French government, which owns the museum, self-insures because private coverage for the priceless collection would be prohibitively expensive. "The government relied on security measures to safeguard the jewels while self-insuring," says Patricia Sheridan, managing director of Burns & Wilcox. "Without insurance, the cost to recover from a theft can definitely be high, which can be detrimental to the point of bankruptcy."

Medical costs per workers' compensation claim have begun to rise after a period of stability, according to a Workers Compensation Research Institute report. The report, which examines 18 states, notes a 5% increase in California, a 7% increase in Delaware, a 14% increase in Pennsylvania and a 6% increase in Wisconsin.

An atmospheric river has brought heavy rain, strong winds and dangerous surf to California, resulting in fatalities and significant flooding. The storm has delivered several months' worth of rain in a few days, particularly affecting areas near Los Angeles and Sacramento. Evacuation warnings were issued for regions near recent wildfire burn scars, but have since been lifted.

Cyber insurance premiums will rise by 15% in 2026, reversing a period of slowed growth, according to Forrester Research. This surge is attributed to the proliferation of AI-driven threats, which are expanding the threat landscape and driving organizations to seek increased insurance coverage. Although the cyber insurance market has matured and growth has cooled since 2022, analysts expect renewed demand as companies confront more frequent and sophisticated cyberattacks.

Dallas Fed President Lorie Logan has signaled she would oppose a rate cut in December, citing concerns about inflation remaining above the Fed's 2% target. "Until I see convincing evidence that we are headed all the way back to our 2% target, I really do think modestly restrictive policy is appropriate," Logan said at an energy conference.