Automakers Seek Repeal of Biden’s High-Speed Braking Rule January 21, 2025 By Keith Laing The largest U.S. auto trade group wants a federal court to block a Biden administration rule requiring carmakers to install...
Insurers Balk at $19.7M Claim on Fake Basquiat Paintings Seized by FBI January 21, 2025 By Mike Schneider Two insurance companies have asked a court to block a $19.7 million claim by owners of more than two dozen...
NHTSA Opens Preliminary Probe into More Than 870,000 GM Vehicles January 21, 2025 By Nathan Gomes The U.S. National Highway Traffic Safety Administration said it was opening a preliminary probe into 877,710 vehicles manufactured by General...
Los Angeles Pushes to Rebuild Homes Fast, Despite Wildfire Danger January 17, 2025 By Todd Woody, Eliyahu Kamisher and Michelle Ma California politicians are rushing to make it easier for residents to rebuild their homes incinerated in the Los Angeles firestorms....
School Employee Kicked 25 Times in 11 Days Denied Workers Comp January 17, 2025 A Virginia student assistant who suffered injuries in both knees after being kicked 25 times over a period of 11...
FDIC Sues 17 Former Silicon Valley Bank Executives, Directors Over Collapse January 17, 2025 By Jonathan Stempel The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars...
Gallagher: Cyber Insurance Market to Expand as Risks Evolve January 17, 2025 While 2024 brought record-breaking data-breach costs and evolving cyber risk, all signs point to stable rates and ample capacity in...
Amex to Pay $230 Million Over Misleading Sales Practices January 17, 2025 By Paige Smith American Express Co. will pay about $230 million to resolve a long-running investigation into some of the firm’s prior sales...
California Workers’ Comp Public Self-Insured Losses Rise Despite Claim Volume Decline January 17, 2025 Increases in average medical payments and average indemnity payments drove public self-insureds’ total paid losses up last year even though...
Moody’s Says LA Fire May Pose Risk to Southern California Edison January 16, 2025 The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which...