California Insurer of Last Resort Is Unprepared for Big Disaster March 19, 2024 California’s property insurer of last resort told lawmakers that it’s financially unprepared to cover the costs of a major catastrophe...
UnitedHealth Sent $2B to Doctors, Hospitals After Change Hack March 18, 2024 By John Tozzi UnitedHealth Group Inc. said it advanced more than $2 billion to medical providers after a cyberattack on the company’s Change...
Uber Pays Australian Taxi Drivers $178 Million in Settlement March 18, 2024 By Angus Whitley Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost...
Reckitt Unit Hit With $60 Million Verdict in Enfamil Baby Formula Case March 18, 2024 By Brendan Pierson An Illinois jury has ordered Reckitt Benckiser unit Mead Johnson to pay $60 million to the mother of a premature...
Florida Jury Awards $32M Against Florida Clinic. Did ‘Changing Stories’ Play Role? March 18, 2024 A Broward County jury has decided that the Cleveland Clinic Florida should pay almost $32 million to the estate of...
Survey Shows One-Third of Americans Think AI is a Good Idea for Insurers March 18, 2024 Roughly one-third of Americans think it is a good idea for insurance companies to use AI, a new survey shows....
Apple, Investors Reach $490 Million Settlement in Fraud Case March 18, 2024 By Lynn Doan Apple Inc. reached a $490 million settlement of a class-action lawsuit brought by a group of investors who accused Chief...
Study Looking at NHTSA Data Shows Fentanyl is Road-Safety Problem on the Rise March 18, 2024 A new study shows fentanyl is potentially becoming a road-safety problem. The study, from researchers at Jerry, a car insurance...
Massachusetts Couple Charged With $627K in Workers’ Compensation Fraud and More March 18, 2024 A Hopkinton, Massachusetts couple has been arrested and charged in connection with separate schemes to defraud their workers’ compensation insurance...
US Health Regulators Open Probe in UnitedHealth Cyberattack March 15, 2024 By John Tozzi and Riley Griffin US health authorities are investigating whether the cyberattack on UnitedHealth Group Inc.’s Change Healthcare unit involved a breach of personal...